The process of documenting finances requires serious time and effort. Hence, it is no wonder the survival of a business is crucial to this process. There are different categories of documentation: sales, expenses, taxes, etc. Within these categories, there are further divisions like different kinds of expenses and different clients. To have these aspects neatly arranged in one place and generate financial reports based on that information is the gateway to sensational business efficiency.
Moneypex is an award-winning cloud-based software designed to provide you this gateway. Although it is targeted towards start-ups, small businesses, and freelancers, no entity in the business world is exempt from deriving benefit from Moneypex.
While the entire platform has a wide range of features (discussed below in detail), Moneypex stands out among the plethora of accounting software based on three key factors.
- Simplistic Design
financial documentation to the digital realm is often the most common hurdle most businesses face. It can seem extremely tempting to revert back to older ways after a painful hour spent trying to create an invoice. Moneypex’s simplistic interface ensures a seamless transition from older ways of documentation to the digital revolution. With everything laid out in a highly minimal way, Moneypex is quite easy to use for people completely unfamiliar with the digital landscape. - if you have been previously using a digital platform you can migrate data from your excel file or former accounting software (Such as Xero or Zoho) directly to Moneypex.
- Optical Character Recognition
- all bookkeeping tasks, invoicing is arguably the most frustrating one. Repetitively filling out information for each new client eats up valuable business time and effort. Spent elsewhere in a productive manner, this time and effort might just help procure new clients.
- the Optical Character Recognition (OCR) feature the process of invoicing is reduced to a mere magic trick. All you need to do is scan the invoice using your phone or a scanner and Moneypex will automatically extract all data and enter them into data fields immediately. This allows you to create unlimited invoices at lightning speed.
- Completely Free!
- starts at $9 per month. ZohoBooks starts at $9 per month. Quickbooks starts at $79 per month. All of Moneypex’s major competitors have a cost attached to their services. In fact, the most basic versions of these platforms are considerably priced.
- offers a remarkably similar functionality compared to all these software yet it is completely free! You do not need to spend a penny on your bookkeeping needs with Moneypex.
Below we have provided a detailed list of features provided by Moneypex.
- Unlimited invoices
can create unlimited invoices with Moneypex. Most free accounting software has a limitation on the number of invoices. With Moneypex there is no such constraint. Unlimited invoices and the OCR feature make invoicing an instantaneous process. You can auto-create invoices and even customize them; the time saved can be reinvested into business growth.
- Scan Paper Receipts
receipts can be directly interjected into the documentation of finances. You can also alter those receipts if need be for future use. This smoothens the process of adding expenses billed differently.
- MTD supported VAT
taxation making a transition to the digital world courtesy to the “Making Tax Digital” (MTD) initiative, by April 1, 2020, all UK businesses have to file their tax digitally. Moneypex is approved by HM Revenue and Customs (HMRC) for VAT filing. This means that through Moneypex you can directly submit your returns without the need for any other complexity.
- helps you keep track of what you owe in taxation, allowing you to estimate business finances accordingly. Moneypex also allows you to avoid frantic last-minute tax submissions through reminders and notifications.
- Financial Reporting
is not solely confined to documenting expenses. It also simplifies complex data into categories that you can translate into actionable tasks. For example, it can create cash flow reports, helping you analyze the financial health of your business. - can also directly provide your accountant access to the application. They can use the financial reports generating by Moneypex to help your business prosper.
- Bookkeeping
Moneypex Bookkeeping is much more than documenting and monitoring expenses. While these processes allow you to get real-time expense and cash flow reports, Bookkeeping with Moneypex takes a step ahead. You can manage recurring payments using automatically created invoices. You can also connect your bank account and easily reconcile your transactions. It is the remarkable interconnectivity of different aspects that makes bookkeeping with Moneypex unique.
- 24/7 Business Support
due to simplistic and easy to use interface of the application we doubt you would run into any trouble but nonetheless Moneypex is equipped with a 24/7 business support feature. If you require any help navigating the application, you need not worry. Our customer support has got you covered.
Other key features:
- Supplier Management
- Inventory Management
- Client Management
Moneypex was carefully designed to handle all your accounting needs. There is no need to wait any longer or hire multiple in house accountants. Sign up for Moneypex and take a backseat while watching all your accounting needs taken care of!
We are all fully aware that the whole world is banking on digital means to make shopping easy and convenient, get in touch with customers, develop business, get information, etc.And, if it is the restaurant industry, then the importance of restaurant billing software cannot be underestimated, as everything is being revolutionized with the emergence of countless custom restaurant billing software available in the market.Running a business, especially a restaurant, is no less than raising a baby.
The name is enough to know that the billing software helps in billing.Custom billing software is not limited to billing.
Effective billing software can calculate invoices, issue bills, add appropriate taxes, manage inventory, etc.A restaurant billing software tool can take the burden off the restaurant owner's head and make running a restaurant business much easier.Keep in mind that an invoicing software tool cannot satisfy all your business needs, but it can help you run your business economically and conveniently.A restaurant billing software prints invoices with different taxes applicable to each product, manage inventory and menu, discounts, staff, and last but not least, customers.So, let's go ahead and know how custom restaurant billing software can grow your business.Seven ways restaurant billing software can help your restaurant grow in a practical way:1.
Such invoicing software should report exact sales, sales per item, food cost, frequently ordered menu items, labor cost, tables used, tables not used, crowd management and customer flow at the door, and any other performance indicators.An effective restaurant billing software tool becomes the performance management software and offers real-time reports.
As there is huge competition among restaurant owners, proper inventory management is a necessity for restaurant managers or owners to leave their own competitors behind.The restaurant billing software you use should track every ingredient available in the kitchen and send alerts if an ingredient is below the minimum mark, thus helping the management ensure that there is no shortage of resources at any time.Restaurant billing software with a useful inventory management feature has a very important role in restaurant profits.3.
Easy management of multiple outletsWe often see that many large restaurants are chain restaurants with outlets all over the world.
Alfa Cybernetics inventory management software designed for clothing storesSynchronize and organize inventory data across all channels with the cloud-based checkout system designed specifically for today's retail industry.Manage a single inventory database for all your stores and online store.
You can make it on clothing store inventory software.Use product matrices to organize similar products, such as jeans and different shade modelsSave time by importing multiple products at once with the import toolCombine custom tags and categories to make it easier to find by brand, color, size and more.Easily sell online with an intuitive e-commerce solutionGrow your business with e-commerce software designed to grow your business and sync the inventory of all your clothing stores with your ecommmerce.Easily import inventory information and sync information from your stores to your eCommerceSelect a theme from a variety of customizable templates suitable for mobile devicesView, modify and organize your shipments from your online back-storeUse the built-in tools to improve your SEO and drive traffic to your online clothing store.Place orders efficiently and save timeBuying goods is just as important as selling them.
Optimize the way you shop with a checkout system that helps you get what you need fast.Transfer and receive items from one store to another with a single clickSet reorder points, so you never run out of your most popular itemsOrder from multiple suppliers at once with flexible purchase ordersCreate master orders to organize and stock multiple stores at once.Access sales data that will help you make good decisionsNeed to monitor your margins?
To keep track of your sales trends?
Alfa Cybernetics helps you stay in control with over 40 built-in reports.Generate inventory reports via clothing store inventory software to track returns, negative quantities, unit costs and moreTrack end-of-day results and seasonal trends with programmable sales reportsMake calculated changes to optimize your profits with margin and performance reports by categoryFilter your reports to include your online sales data directly from your checkout systemEverything you need to record sales and get paid in one placeAccept any amount, from any card, from any issuer with one predictable rate.
No third party accounts or hidden fees - only integrated payments, fast and secure.
360Quadrants has released a quadrant on the best accounting software help businesses make quicker and more informed decisions for their business.
Ranking Quadrants are generated post analysis of companies (product portfolios and business strategies) and will be updated every three months based on market and regional analyses and developments in the accounting software space.
It also helps clients choose the most appropriate vendor for their requirements.What are the major benefits of using Accounting Solutions?Simplification – Accounting software put control of funds in the hands of a non-accounting crowd, aimed at giving significance to statistics while executing electronic computations.
They also raise printing and storage prices and store confidential data is safe and controlled locations.Total financial disclosure – The key advantage of effective accounting processes for an accountant or an auditor is that they avoid expensive and repeated human mistakes.
Calculating incorrect quantities or failing to disclose results on time will potentially contribute to a business problem and this is when it is most helpful to optimize calculations.Read a Press Release: https://www.360quadrants.com/press-release/360quadrants-releases-best-accounting-software-companies-of-2020Best Accounting SoftwareWhat are the most important features in an Accounting System?Best accounting software can help businesses in managing their accounting tasks in many different ways, based on the key features and goals.
Accounting systems offer all sorts of bonuses, from simpler invoicing to complicated tax reporting, that is not even likely without a precise framework.
Accounting mistakes can be incredibly expensive to a company.
You don't want to mess up your numbers so it will keep your company from rising.
Owing to the absence of appropriate accounting practices, Small business owners sometimes make errors in their early years.It is crucial for small and medium-sized enterprises (SMEs) to manage their finances efficiently.
Because resources like finances have the potential to build your business or break it.
Many small-scale business owners handle their finances on their own by hiring a bookkeeper or an accountant.Small business owners have a great potential to significantly grow their business.
The best accounting software which understands your business needs will help manage your finances efficiently, and play a significant role in your business growth.Moreover, many business owners handle tasks like accounts payable, receivable, invoicing, and pay salaries manually.
Accounting software can manage the businesses in several different ways, based on the key characteristics and goals.
Simplification - Accounting software put control of funds in the hands of a non-accounting crowd, aimed at giving significance to statistics while executing electronic computations.
Total financial disclosure - The key advantage of effective accounting processes for an accountant or an auditor is that they avoid expensive and repeated human mistakes.
Calculating incorrect quantities or failing to disclose results on time will potentially contribute to a business problem and this is when it is most helpful to optimize calculations.
Precise forecasting - This is one of the major advantages of the best accounting software.
Capable of understanding the financial results patterns and developments in depth is something that will take years to achieve without a strong framework.
Singapore Accounting Software - Offering accounting software in Singapore for corporate companies.
Singapore No 1 Specialist in Accounting.
