Do you use any tools for financial planning and management in your startup?
Elena Tsemirava
9 replies
If not, how do you handle it? Or do you not do it at all?
Replies
Daniel Peris@danielperis
BUROGU.pro
Google Sheets. We try to make it super simple.
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@danielperis Agree! A well-structured all-in-one Sheet/Excel is simple and effective, imho. :)
We mostly relay on the HL quarterly planning in the Excell, but will be switching to the Quickbooks for the planning as well.
Launching soon!
For startup finances, tools like QuickBooks or Xero are great. Helps keep things organized so you don't end up in a money mess.
Definitely recommend QuickBooks Online for managing startup finances. Super easy to categorize expenses, send invoices, and track cash flow all in one place. Xero is solid too but QBO has been clutch for me. Also connect your bank/credit card accounts to auto-import transactions and save time on data entry. Trust me, you don't want a financial mess on your hands while trying to grow your biz!
I'm using Mint for my startup's financial planning and management. It provides a great overview of expenses, revenue, and cash flow all in one place. Definitely recommend it if you're looking for an easy to use tool to keep your startup's finances organized. Sadly Intuit is killing it, so I'm on the hunt for a solid replacement - open to suggestions!
Usually teams are drowning in several different Google Sheets.
The big problem: Once the finance manager leaves, nobody knows how to maintain them. So there is definitely a need for a new solution.
Yes, I use QuickBooks for most of my financials. It helps me invoicing, expenses, and tracking profits.