In this blog we will talk about QuickBooks Desktop Productivity Tools. Software enterprises offer robust integration capabilities with their respective rights and trademarks. Users can download add-ons that address gaps in their business needs, like data storage location and application size, using the integration capabilities. Integrations with third-party software ensure seamless platform compatibility between user’s apps and the QuickBooks environment.
The new features and capabilities help businesses boost productivity and efficiency. QuickBooks, being a small business accounting software, continues to meet the changing needs of its users by making improvements in key areas like automation, analytics, payments, and more.
Benefits of integration QuickBooks Desktop Productivity Tool
There are various benefits of integrating software that works with QuickBooks into your processes.
Streamlining business processes
This involves configuring your operations within your organization, thereby reducing repetitive activities and enhancing productivity. The tools used to streamline processes are automation, additional integrations, and customization capabilities.
Reducing manual data entry errors
QuickBooks apps simplify the way you import data to avoid manual data entry and errors.
Improving the accuracy of financial reports and records
The top software increases the accuracy of the details in your financial reports by ensuring that your data is consistent throughout your platforms.
Increasing efficiency and saving time
Through synchronization, data can easily flow between QuickBooks and your integrated software to ensure that your data is always updated.
Automating payment and payment reminders
Automation of QuickBooks workflows is a breeze with third-party software. The automation accounting tasks include:
- Bill payments.
- Expense and transaction tracking.
- Payment approvals and processing.
Real-time access to financial data
Having the right software helps keep track of your bookkeeping, updating you on changes in real-time and allowing you to catch issues before they become bigger problems.
Software that can be used with QuickBooks
Running QuickBooks requires integration with different types of software as follows.
Inventory management systems
Organizations with a lot of inventory keep track of several elements, such as vendors, orders, and customers, by expanding QuickBooks inventory capabilities. This especially happens when the user chooses software with automatic updates and customizable reports.
Expense tracking tools
Companies with multiple QuickBooks accounts risk messing up with cash flow by losing track of expenses. Expensify, as an expense tracking software, allows users to manage their expenses in QuickBooks, ensuring that every dollar is counted. These expense tracking tools help users in:
- Monitoring profits.
- Tracking receipts.
- Paying bills on time.
- Managing transactions.
Customer relationship management (CRM)
Linking QuickBooks with CRM tools is good for better customer management. CRM aids in supporting clients since one is able to keep track of them more easily. Customers get the attention they need by having features such as dashboards for an at-a-glance view of themselves and automated responses.
Solutions for time tracking
Time tracking is a key factor in accounting to manage employees by making sure that they are paid accurately. QuickBooks’ time tracking software allows one to pay employees the money that they’re owed by simplifying the approval process to ensure that they’re paid on time.
Credit card processing solutions
It’s essential to have an efficient way to process payments like credit cards. Credit card integrations expand payment options for clients, providing unforgettable customer service.
Project management tools
Collaborating on financial tasks using QuickBooks and project management tools keeps your team on track. The project management tools can be used to import data from other software into QuickBooks or form to-do lists and assign tasks to team members.
Third-party software for QuickBooks users
The process of linking QuickBooks accounts to third-party apps helps unleash the full power of QuickBooks.
Method: CRM
Customization capabilities for Method lets users turn the platform into a personalized solution. Method reports paint an accurate picture of your business as it is and guide you towards where you want it to be. The process of syncing data is never easier with Method’s two-way QuickBooks sync. By making any updates in Method, the changes automatically sync to QuickBooks and vice versa.
Other Method features are as follows:
Leading generation forms for your website.
- Automated sales and marketing workflows.
- Mobile app for on-the-go updates.
- Integration capabilities include Gmail, Outlook, and Google Calendar.
- Ability to convert estimates to invoices.
The Method offers a customizable self-service customer portal that aids customers in the following:
- Solving issues by themselves.
- Paying bills with multiple payment options.
- Tracking transactions and orders.
- Downloading and uploading sizable documents such as photos.
- Accessing informative content on their products and services.
Some of CRM platforms include:
HubSpot
It’s a CRM platform known for its advanced marketing capabilities. When combined with QuickBooks, HubSpot improves data consistency between sales, marketing, and accounting teams. It has the following key features:
- Seeing payment events on the deal timeline.
- Creating invoices directly from deal records in HubSpot.
- Custom sync settings and rules to control information flow.
Fundbox
This software provides working capital solutions of up to $150,000 to small businesses. Its funding allows businesses to access credit and bridge cash flow gaps by getting approved based on their financial data in QuickBooks. It has the following benefits:
- Flexible repayment terms.
- Fast access to funds.
- Quick and easy application.
MessageDesk
MessageDesk software is ideal for companies where multiple team members are collaborating at any given point. It provides a shared inbox from a shared inbox so that QuickBooks Online users can text as a team from a single company phone number. Its features include:
- Order tracking and updates.
- Integrations with other CRMs.
- Customer communication through various channels.
Salesforce
It’s a CRM software that manages customers, sales, vendors, and more. Information can flow between the two platforms to improve efficiency and data accuracy due to Salesforce and QuickBooks integration. The key features include:
- Advanced reporting and analytics.
- Payment tracking and invoicing.
- Quote-to-cash automation for revenue recognition.
Tsheets time tracking
Tsheets help in streamlining payroll management for small business owners. As a cloud solution, it syncs data to QuickBooks Desktop, preventing double data entry. Tsheets also assist in simplifying:
- Job costing.
- Management of invoices.
- Employee time tracking and scheduling.
Bill.com
Analysis of Bill.com reveals that it makes expense management and bookkeeping easy through artificial intelligence, machine learning, and cloud technology. BILL is a secure option as it requires that its vendors follow strict insurance policies. It helps customers in:
- Building workflows for approvals.
- Lowering credit card processing fee.
- Reducing manual data entry on things like sales tax.
- Sending and receiving payments faster.
- Saving money by always paying in local currency.
Conclusion
QuickBooks has game-changing features that improve work productivity by helping CPAs and accountants get their work done faster and focus more on revenue-generating tasks. It’s one of the best accounting solutions for small and medium-sized businesses.
