Essential Financial Apps for Managing Your Online Business Finances

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Managing business finances has never been easier thanks to technology. With just a few useful apps, you can turn your phone or tablet into a mobile accounting machine, saving you valuable time and money.

From invoicing and customer management to credit card transactions and financial projections, there is an app for every business need.

Whether you're a small business or a large corporation, apps for managing finances will help streamline your accounting processes and make it enjoyable.

Top financial apps you should check

Did you know that over 73% of smartphone users have used financial apps in the past month? Fintech is the integration of technology into finance, and there are over 10,755 fintech startups in the Americas alone!

Even small to medium-sized enterprises are adopting fintech for banking and payments. With the help of financial apps, services that used to be costly are now more accessible than ever. 

As a small business owner or independent professional, you can now have low-cost tools that once required expensive advisors or multiple types of accountants. Start your own business and easily manage finances with just your smartphone.

#1 Stripe

With the Stripe app, managing your payments and finances is hassle-free. Conveniently track your earnings and payments, whether it's over a week or a year. 

Essential Financial Apps for Managing Your Online Business Finances

Always stay informed with the latest updates by setting up push notifications. Plus, take action right from the business app, from emailing customers to processing refunds. Wherever you are, Stripe has got you covered.

#2 Wave Bookkeeping

For small businesses on a tight budget or with limited needs, the Wave bookkeeping app is a top choice among free options. It offers basic pricing plans with a multitude of features for mobile bookkeeping.

Wave Bookkeeping

Wave utilizes double-entry accounting, which is standard for most businesses, to track income and expenses. Plus, it allows for unlimited linked bank accounts and a convenient shoebox feature for receipts. 

Additionally, custom invoicing is available. However, it cannot be used to track accounts receivable and accounts payable, perform payroll functions, or accept online payments. Lastly, as a 100% web-based app, you can access it from anywhere.

#3 Freshbooks

Tired of boring and difficult bookkeeping? Look no further than the Freshbooks app - the perfect accounting software for businesses! Its user-friendly features make invoicing and expense tracking a breeze.


But that's not all - Freshbooks also offers a nifty finance report function. Accessible via your dashboard, you'll get a clear overview of your profitability, cash flow, and spending habits.

Plus, the app integrates with over 100 other apps, including Gmail and Dropbox, so you can sync all your invoices and finances in one place. Ready to give it a try? Sign up now for a free 30-day trial. Plans are available for as little as ₹560 per month.

#4 Expensify

Expense reports can be a real hassle, especially when you're deciphering illegible handwriting on crumpled receipts.


But with Expensify, that's a thing of the past. All you have to do is take a photo of the receipt with the app on your phone, and it magically converts it into a well-formatted report.

This is a game-changer for businesses and individuals alike. "I used to hate doing expense reports, but now with Expensify, it's a breeze," says Kenny Herman, VP of business development for SinglePlatform. And the best part?

Expensify is free for individuals, with businesses only paying $5 per person submitting expenses each month after the first two free accounts. Plus, the fee is only charged when a report is submitted, so there are no hidden costs for dormant accounts. 

Say goodbye to the headache of expense reports and hello to the convenience of Expensify.

#5 Zoho Books

As a small business owner looking for accurate and affordable accounting software, look no further than Zoho Books.


With its user-friendly interface and essential features such as online invoicing, payments tracking, and inventory management, you can keep all your financial records organized in one cloud-based platform. 

The best part? Its pricing plans start at just $9 per month, making it an excellent choice for startups.

As your business expands, Zoho Books also offers additional software to help you manage CRM and projects seamlessly. Let Zoho Books take care of your accounting needs so you can focus on growing your business.

#6 InDinero

As an ice cream truck owner, you may know how many cones, cups, and shakes you sold yesterday, but what about the other expenses like gas, parking tickets, and paper ads?


Running a small business involves many moving parts, making it difficult to get an accurate financial snapshot. However, inDinero can help.

This online platform gathers information from your bank and credit card accounts, providing not only current financial info but also future forecasts. Keep your business financially healthy with inDinero.

#7 QuickBooks Online

Looking for an all-in-one bookkeeping and accounting solution? Consider QuickBooks Online! It caters to both small and large enterprises with its top-tier reporting applications. 


With flexible pricing options, you can choose a package that fits your budget and requirements. However, note that some premium features like customer invoicing are only available on higher-tier plans.

Basic plans start at $25 while the advanced plan goes up to $150 monthly. QuickBooks Online is the perfect solution for all your bookkeeping needs. As well as it is integratable with other services from the list, such as QuickBooks Stripe or Square integrations.

#8 Square

Attention small business owners: Square is the ultimate point-of-sale (POS) app for you!


Set it up on your computer and mobile device to easily manage your inventory, accept credit card payments in-store or online through the created online store, and generate helpful reports on your sales and inventory. 

Whether you're at your storefront or on the go, Square has got you covered. Upgrade your business today with Square.

Wrapping up

When looking for the perfect financial management app, don't forget to take into account the capabilities of your smartphone. The memory may run out faster, then you need a phone cleaner. 

You need to clean up the device, and this can be done automatically or manually. With the iPhone Cleaner app, you can clean up all the junk automatically.

The app's algorithms look for duplicates, temporary files, app downloads, and anything of no value and then delete it. This is the fastest and most reliable way to free up free space.

About the author 

Peter Keszegh

Most people write this part in the third person but I won't. You're at the right place if you want to start or grow your online business. When I'm not busy scaling up my own or other people' businesses, you'll find me trying out new things and discovering new places. Connect with me on Facebook, just let me know how I can help.

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