Business owners see dozens of ads for software tools. Software can help you grow your sales and keep your costs down. In fact, no business can grow and remain profitable without good software tools. Given all of the choices, it’s tough to know which software products you really need. Use these tips to select the most important software for your business.
Accounting and payroll management
When you grow your business, two areas that are immediately affected are accounting and payroll. If you sell more, you’ll need to post more accounting transactions. As you add staff, your payroll processing will be more complicated.
Fortunately, there are some great tools to manage this complexity. QuickBooks is an accounting software package that is easy to learn. You can open accounts and post accounting transactions without the need for extensive training.
QuickBooks can generate dozens of accounting reports you can use to manage your business. Many of the reports are created for you automatically. The site is easy to navigate and you can use cloud backup for your transactions.
MasterTax Tax Compliance Software illustrates the complexity of processing payroll and why you need help. You need to calculate proper withholdings for each employee. In addition to federal, state and local tax withholding amounts, you may have to withhold funds for retirement contributions and other benefits.
As your business grows, consider hiring a payroll firm. These companies have software to calculate the dozens of different holding amounts for your workers. A payroll firm will update their software for changes in the tax laws. If you use a payroll company, you can grow your business without investing more time on payroll issues.
Tools to increase productivity
You can find other software tools to increase your productivity. Consider using e-signature software. This application allows you to send documents and get a signature electronically. Once the document is signed, it can be sent to each interested party by email.
If you need a client to sign a contract, for example, the e-signature software eliminates the need to send hard copy documents. You can keep fewer paper files and get documents signed instantly.
Mozy allows you to back up files to a cloud-based server. You can backup files in real time, or backup your files in bulk when you’re not working. A tool like Mozy sharply reduces the number of paper files you need to store. Cloud backup also make it much easier to share documents.
Marketing tools to work smarter
You’ll find lot of marketing software tools, but there are several that are most important. Consider an online publishing tool such as WordPress. WordPress allows you to quickly set up a professional-looking website. You can select from hundreds of templates. The templates allow you to create the website you want without any programming knowledge.
Once your site is up, use Google Analytics to monitor the traffic that comes to your website. You can track views on a particular web page, for example. You can make changes to your site and see how the website traffic is impacted. Use this tool to maximize the effectiveness of you site.
Consider using each of these useful software tools. You can handle your accounting, work productively and improve your marketing outcomes.