Life as we know it is trending back towards normal, but the professional landscape is forever changed. Employers are allowing employees to permanently work from home, which will change their respective technology needs. Developing a suitable set of technology solutions—often called a “technology stack”—helps businesses streamline operations and empowers employees to work efficiently and effectively in multiple work environments. Below we outline common examples of various business processes and applications that can be integrated with your accounting products, to help you custom-build your own technology stack.
Accounting Software: QuickBooks Online
QuickBooks Online is an accounting software for small and middle size businesses. It offers affordable pricing options and a wide range of accounting features that reduce manual data entry and automate tedious accounting tasks. QuickBooks also provides access to live bookkeepers and accountants.
Time Tracking: TSheets
TSheets is a web-based and mobile time tracking and employee scheduling app. The service runs in a web browser or on mobile phones. TSheets is an alternative to paper timesheets or punch cards.
Payroll Services: ADP
ADP helps business run payroll process by phone, web, or mobile app. Through ADP, employees can get paid by check, direct deposit or paycard. ADP’s Time & Attendance Solution helps you manage schedules, hours worked and time off to ensure payroll accuracy and compliance.
Accounts Receivable/Payable: Bill.com
Bill.com is an A/R and A/P automation software. It helps business run A/R and A/P remotely, approve, pay and sync bill payments, send invoices, and get paid faster. Bill.com integrates financial data with standard accounting system like QuickBooks, Xero, Oracle Netsuite, Sage Intacct etc.
Expense Tracking: Expensify
Expensify helps business to track expenses, pay bills, generate invoices, collect payments, plan trips, and manage company credit cards. Its real-time expense reporting integrates with Sage. From unlimited receipt scanning and mileage tracking to next-day reimbursement, Expensify automates your pre-accounting system with an easy to use app.
Sales Tax: Avalara
Avalara is a cloud-based system that automates the major steps of tax compliance. Avalara tracks sales to show where to file various state taxes, helps businesses get registered, prepares and files returns, and distributes payments to tax jurisdictions on your behalf. Avalara works across the applications that manage your transaction data, whether you’re running a single platform or an omnichannel system. With over a thousand signed partner integrations, you can choose the ones that work best for your business.
Please note, this list is designed to help introduce your business to potential new products; it’s not all-inclusive. There are many cloud-based applications that your business can utilize based on your specific operations. If you have any questions about implementation or general questions about any product, please leave a comment below, or feel free to contact me directly. I’m happy to help!