Amazing integrations with SVB, Xero etc making the expense submissions a breeze. All I have to do is forward an email and the money will be credited in the account as per the policy.
Accounting: Quickbooks. I've only ever used Quickbooks, and it just seems to work. It also seems to be preferred by most accountants.
Corporate credit card: Brex. I like it...nothing hugely different from the legacy CC companies, but it does come with some great deals and it's easy to spin up cards for employees with various controls.
Bank: Mercury. I was actually Mercury's 4th customer, and am biased because I'm a (very small) investor in Mercury...but I'm a huge fan. So nice to finally have a bank that knows how to build software.
Expenses: We've mostly been using the Brex cards so we don't have to do much expense reimbursement. But, I've mostly been happy with Expensify in the past.
Hope this helps!
Banking: particularly if you're smaller, Novo is built to service entrepreneurs / growing teams
Expenses: Concur or Expensify
Have also heard great things about Wave for payroll and invoicing
Brex makes spending and reimbursement much easier. Brex = Expensify + Credit Card. Especially valuable for early-stage startups and for founders.
Although, big companies are also offering corporate credit cards (Apple, Google...), every company is a bank now. Brex will face the competitions from them. Look forward to see their product and business strategies going forward.
While it’s a bit pricey, and I’m sure free substitutes exist, QuickBooks is worth the money. Intuit entered this market years ago and perfected the platform. Most every fringe case has been identified and resolved.
I’m sure you’ve realized calculating/executing employee payroll, withholdings, state/federal taxes, and revenue/expense reconciliation are convoluted, poorly defined, and time intensive processes. Even worse, the cost of non-compliance is extremely high. QuickBooks covers all the bases and I’ve never had a business critical issue with them.
Quickbooks for general stuff
Brex as a corporate card
Expensify for expenses reimbursements (an employee payed with a private card)
All the tools everyone mentioned are great, but I think one very underrated part of any finance stack is a contract/ SaaS spend visualization tool. It's difficult to see how much you're spending for all your software broken down by category in Quickbooks without running a report.
There are a couple of companies that do this such as Genuity, Intello, G2 Track, and Blissfully.
I really like Genuity because it's only $30 a month and has most of the functionality of alternatives that cost $6K or more.
Wave offers an incredible suite of accounting tools for free. You can sync transactions with your bank or import them from bank statements, track sales and purchases, send invoices to customers, and more for free. It makes money on additional services, including helping you accept payments, find a bookkeeper, purchase insurance, and manage your employee payroll, but the core accounting and invoicing tools are fully free. Most accounting tools (including QuickBooks and Xero) don't offer a free plan, which makes Wave a great option if you're looking for something free to start.
Email apps come and go so fast—which one has kept you using it the longest, and why?
Inspired by this tweet: https://twitter.com/rands/status/1292522368426897408?s=12
We're looking to move from our janky Notion tracker to a real recruiting / applicant tracking system like Lever or Greenhouse. They're both a bit costly for us as a very early-stage company, althou...