Accounting
is considered one of the most frustrating aspects of small businesses, forcing
millions of business owners into heartburn-filled sleepless nights as reported
by Cheyney Group Accounting
Software Blog. Simply because they know they must be knowledgeable and in
control of their cash flow, margins, sales figures and inventory levels.
Recently, a
mobile application called ONE UP claims to lessen the amount of time used to
manage accounts to just a couple of minutes each month. It is the result of 4 years
of development and recommendations from customers.
It
automatically synchronizes with banks and provides suggested entries that can
be authenticated with one click. It is considered as "hands-free"
accounting that can automatically update your inventory, handle your Customer
Relationship Management (CRM) and invoicing modules.
CEO of ONE
UP, Francois Nadal said that it's as if you had a Certified Public Accountant
(CPA) on your shoulder. It is an effective app for small business, and with the
accounting solution
they literally provide hands-free bookkeeping. Simply just after 3 months most
of your data entry is eliminated as the app learns about your business.
The app is
designed to perform routine tasks automatically for small businesses ranging from
a sole proprietor up to those with twenty employees. It is also developed for
active business owners that are on the go, so they can manage their business
from anywhere using their mobile phones.
The
application includes several convenient features such as the ONE UP Inventory,
which will synchronize with the Point of Sale (POS) so the inventory
information is updated automatically and re-ordering can be done with a single
click. It can generate packing lists or delivery notes from sales orders and even
updates the status of orders.
ONE UP
Accounting allows your accountant to log in from another location to audit your
books or export your financial records to their location.
ONE UP's CRM
will track your chats, calls and task to help you organize your time so you can
increase your opportunities with new customers or repeat sales.
Using the
application is quick and simple, you just need to setup your bank account
information, categorize your bank entries (expense, sale, and transfer),
experience easy bank reconciliation, look at Cash Flow and Profit Reports and
close out the year in a shot.
When an
order comes in, the app's invoicing will begin the process and you can even
customize your invoices. It will
automatically email your customer when their invoice is ready and you're able
to keep track of your invoices with notifications sent out to your customers
just before their payments are due. Sales are posted automatically with no
hassle on your part.
The cost for
ONE UP application starts up to $9 each month for a single user, but you can
sign up for a 30-day trial at their website. ONE UP has clients in over 50
countries, and its software is used by 300,000 small business users. The app is
based on the highly successful
business suite myERP.com, and is recognized as a major partner with Google
Apps and Square, Inc.