Hello entrepreneurs! 👋 The choice between accounting software or invoicing software depends from your specific needs as an entrepreneur. Below we give some rules of thumb to help you select the right tool(s) for your company. 🛠️
Type of business
1️⃣ You are self-employed or freelancer with sole proprietors
For most self-employed and freelancers, a good accounting programme is enough to keep their records in order. Preparing and sending invoices can also be done with some accounting programmes or via a specialised invoicing software, depending on the self-employed activity. Do you only want an invoicing software and do the rest of your accounting with Excel? Then view this article!
2️⃣ You have a small team or SME
Small businesses with a limited workforce often combine billing and accounting software. This way, one programme manages your sales and invoicing, while the other gives you a summary of your entire finances. Be sure to view our article on the difference between an accounting software and an invoicing software.
An accounting software with invoicing software 🤝
With Dexxter, you save a lot of time preparing, sending and following up your invoices & quotations.
3️⃣ You have a large company
Larger companies with extensive accounting services usually use a powerful accounting package as well as an advanced invoicing system. The two programmes are then linked together for a smooth workflow.
4️⃣ You work with an external accountant
Many self-employed people and SMEs enlist the help of an external accountant. You can then link the invoicing software you use to your accountant’s accounting programme. This gives them immediate access to all your financial data to process your accounts smoothly.
But you can also choose to use your accounting software in combination with the supervision of an accountant.
User-friendliness and support are key
No matter how powerful software is, if it is too complicated to use, it is of little use to you. That is why it is important to choose an accounting system or invoicing tool that is easy to understand and use. 🔑
Go for an intuitive interface and clear instructions. Be sure to check whether the accounting software provides tutorials and/or manuals for new users. And if you do get stuck somewhere, a good support service is indispensable!
Bookkeeping yourself, but never alone with Dexxter
Dexxter offers a free demo, course & online webinar. Moreover, the accounting platform is super user-friendly!
Do you have a question? Feel free to ask them to the customer support or Dexxter community!
Security and trust 🛡️
Finally, it is essential to choose a supplier that has high standards in terms of security, trust and regulatory compliance. After all, your financial and business data is sensitive information.
Go for a software company with a good reputation and question what measures they take to secure your data and protect your privacy.
A reliable supplier offers you peace of mind that you are working with a secure product where your data is in good hands. 🔒
The right tools for a smoothly running business 🚀
As you can see, an accounting software and invoicing software are both indispensable tools for any business owner. By combining and integrating the right tools, you will save a lot of time and energy that you can invest in other priorities.
The choice ultimately depends from your specifically business needs. But with the right tailor-made solution, you will make your workflow a lot more efficient. Good luck!
