Wednesday, September 24, 2014

Financial tools for SME

What financial tools do you use in your small business? I have mostly stuck with either Quicken or QuickBooks.  I must say that after going thru numerous versions of both software packages the differences are starting to blur.Yes, Quickbooks is better for invoicing and P/L reports but Quicken is not far behind in the reporting arena and frankly even Excel can create fairly decent invoices. My point is that Small Busineses might have to start thinking about these tools, and their characteristics,  as commoditized.  Having them will not give your company a competitive advantage, its just the price to pay to stay competitive.