Ekene EziaguluAn essential requirement for both large and small businesses centers on keeping balanced/up-to-date financial records. While the former may be able to use top-of-the bill systems/software to create to capture these important data, the latter often require structures that are adaptable to their peculiar needs.
The Wave Accounting software has met these needs for a long time. From its humble beginning in 2009, Wave Accounting now boasts of more staff strength and currently handles more annual invoicing.
If you belong to this category of individuals, then the following alternatives may come in handy:
Free Agent proves a formidable financial accounting software for the African Freelancer. For starter, the FreeAgent platform is intuitive and user-friendly. As a small business owner, accurately depicting your cash flow trajectory tops your list of requirement; FreeAgent understands this demand cash and offers flow patterns on a three-month, six-month, or one-year scale, so you can gauge your progress over important time frames. Speaking about the functionality of the platform, FreeAgent allows users to pick, select and drag important element of the accounting process, so you can hone in on the items that matter the most to your African freelancing business.
With other features like Estimates and Invoices, records of expenses, a time tracker as well as a project overview, FreeAgent ensures that you maintain an eagle eye view of your small business finance.
Try your hands on the free trial version to test the waters and determine which paid packages would work for your business.
So you are looking for a credible alternative to Wave Accounting,you should look no further than QuickBooks Online. This cloud computing accounting software offers a bevy of opportunities for the savvy African freelancer.For starters, if you are looking at taking your skills on a global stage, then QuickBooks Online’s banking synchronization scheme will serve you in good stead. The seamless banking integrations helps facilitate payments across many parts of the world.
The many other features available on the QuickBooks Online platform guarantees your freelance business stays ahead include Invoice generation, P and L capturing as well as tax computation and documentation.
Depending on the package plan you subscribe to, your business can also perform other financial tasks such as tracking projects and inventory, organizing receipts, working remotely with team members among others.
The QuickBooks Online app comes along with a ton of customer help resources, to keep your freelance business up and running. It also has a bevy of the applications you use on a day to day basis.
If your African freelance business centers on digital marketing/sales, you’d do well to pitch tent with the FinancialForce Accounting software. Why, you ask? The answer lies in the fact Financial Force Accounting comes as a scalable cloud accounting application for growing sales & service-centric businesses.
Yes, if your business is customer-focused( all businesses should be, by the way) then Financialforce Accounting keeps accurate track of financial records under customer management and retention.
It will also tickle your fancy to note that this financial software supports businesses of any size or structure. It deliver great flexibility and response levels, especially for freelance business that make changes on the go.
At the core of the application is an innovative accounting mechanism that can accommodate the most diverse or complex enterprise requirements. With this capability, your African Freelance business can enjoy real time financial analysis and generate financial reports. And lest I forget, your can access report templates and other dashboards from a mobile phone, so you can take informed decisions on the go.
Zoho Books prides itself as the accounting software for growing businesses like your freelance endeavour.At its most basic, Zoho Books comes as a simple, easy-to-use, online accounting designed for small businesses to have a handle on finances and keep tabs on cash flow.
You will impressed by the gamut of features that the platform provides. Your freelance business can access functionalities such as invoicing, client portal management, projects monitoring, financial reports generation, expenses tracking as well as purchase order automation.
And if your business reaches out to an international clientele, Zoho Books’ multi-currency support will enhance your payment/receipts processes seamlessly.
Furthermore, Zoho Books
also offers nice visualizations of financial data and depending on which
package you go for, the platform can handle time sheets and limited payroll
functions. Turn to Zoho Books to automate recurring billings and take advantage
of the fact the app works with the most popular payment platforms.
Intacct understands that keeping your African freelance business up and running requires deliberate action, less needless distractions. To this end, this financial accounting software
avows to help you to increase Team Productivity, Make Faster Decisions, as well as propel your business forward.
In no uncertain terms, your business can look forward to experiencing the following benefits of the Intacct:
- Giving your business real time visibility via the creation/deployment of easy-to-use dashboards and reports
- Creating/utilizing comprehensive financial consolidation,reporting and analysis across multiple business platforms.
- Streamlining quote -to- payment processes.
- Working with automated customized workflows, which eliminate errors and reduces processing costs.
In addition to the above, users can also access other telling features including a digital board book for making strategic decisions,an order management structure as well as the ability to collaborate across teams and departments.
It’s time to make a decision
All of these systems can manage most small business finance requirements, with
many offering flexibility to move up to more features and capability as your
freelance business grows.
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