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10 Financial Apps for Small Businesses

10 Financial Apps for Small Businesses

10 financial apps for small businesses - the spark youth empowerment platforms in nigeria

Need financial apps that can help with productivity? Look no more, find below apps to help you organize your business and make your life better.


By Ayandola Ayanleke

The world is experiencing technological advancements and innovations in practically every aspect of life. Life is increasingly going digital, and work has been made easier to accomplish using technology. One of the strategies of success in the labour market, experts would say, is working smarter and not necessarily harder. The movers of the economy have discovered this and the earlier you key into this too, the better.

Working smarter would entail taking advantage of what technology has made available to make your work easier and ensure higher productivity. The apps mentioned below are some of the financial apps that can make you get ahead as a small business owner.


Wave: Launched in 2012, Wave is an accounting app for small business owners with nine or fewer employees. With over 2 million users, wave serves as a go-to app to manage accounts, payrolls and invoicing. The app goes for free, and it can be downloaded on both Android and iOS phones as well as on a desktop.

Liveplan: If you need help creating a business plan and track your plans to monitor your progress, then this is the app for you. The app helps you build business plan as well as infographics to track your revenue and expenditure so you can monitor your progress and have enough data to make changes, where necessary.

Digit: As an entrepreneur, it cannot be over-emphasized that you need financial discipline and that includes imbibing a savings culture. You don’t have to worry about this because Digit is at your service to help you save money that you might have otherwise spent carelessly. It does this by analyzing your spending habit and keeps a percentage of your capital into a no-interest savings account.

InDinero: This app gives you comprehensive information about your finances by pulling data from the bank account(s) you sync it with. So it gives you a snapshot of all transactions; what you spend, when you paid,  product or service paid. It also provides you with your business’ financial analyses and forecasts based on data pulled.

FreshBooks: Free to download, Freshbooks help small businesses monitor their invoices, and other cash flow on as well as offline. Available for Android phones and iPhones, the app is easy to navigate. You can create a customized invoice that fits the look of your business, send to clients and receive payment at a go.

QuickBooks: QuickBooks is a mobile accountant. It does all the job of an accountant for a small business owner seamlessly; it manages inventory, sales, payroll, bills, taxes, track invoices, revenue, and even gives profit analysis. The app also connects to all accounts, including banks, PayPal and credit card accounts and uploads data from them all.

Due.com: This is an app that can help you track high-quality invoices efficiently. It is popular for being very organized. The free version allows you up to 5 clients per month. But for more features, like syncing to PayPal, sending an unlimited amount of invoices and recurring payment, you will need to pay.

Gusto: Gusto helps you organize your company’s payroll, taxes and benefit, new hire reporting, employee records, and track sick leave and vacation. It enables you to achieve specific HR duties if you cannot afford to hire help and so, you can concentrate on being useful in other parts of your businesses.

Expensify: You want to be free of the tedious and boring work of dealing with employee expenses, Expensify is here for you. The app helps you by handling business trip expenses. You can do this by either linking the app to your preferred card payments credit and debit card or you can take a picture of your receipt to scan on the system. The app will work with the relevant information to create an expense report.

Zoho Books: Zoho Books does it all, sales, marketing, recruiting and even writing reports. The best part is that Zoho works with Google Apps, which makes it easy to use and it also has other Office-like suites that can be synced with Microsoft Office.


This list is by no means exhaustive, but the financial apps listed here will go a long way in helping you track and monitor your finances in order to improve productivity.


Editor’s Note: This article was originally published in The Spark Magazine. Find the magazine here to read other articles.


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