Investment corner: A look at some of the best SME apps in the past decade

Post date: Aug 18, 2021 6:11:19 PM

With limited resources, the potential for growth, and a time when internet connectivity is at its peak, entrepreneurs can conveniently find business solutions online and on app stores. Apps today can do everything for business owners, from updating finances to tracking product movements.

Finance and investment veteran Scott Tominaga of PartnersAdmin LLC mentions that these apps are necessary for today's business climate. On that note, here are two apps from the 2010s that have been hailed as the best apps for small-business owners. Gusto Anyone who's done accounting knows how tedious it can get. Every company needs at least one dependable accountant to point out problem areas to keep the company afloat. But it also helps when owners have a transparent view of the finances. This is where Gusto comes in.

Gusto is an app that helps management handle accounting jobs such as payroll, tax benefits, and filing federal taxes. It can also be set up to automate deductions for employee benefits while at the same time remaining transparent with the workforce by sending them digital pay stubs through their emails, Scott Tominaga adds. RescueTime It's quite difficult for small business owners to track the efficiency of their staff, considering they have more urgent matters to attend to most of the time. This is why many entrepreneurs have heaped praise for RescueTime.

Not only does the app track the amount of time management and staff spend on websites and tasks, but it also sends a detailed report on day-to-day activities. By having an accurate look at how everyone at the office manages time, entrepreneurs can easily make changes to create a more productive environment.

Scott Tominaga is the Chief Operating Officer of PartnersAdmin LLC, whose offices are based in Los Angeles and San Diego, California. PartnersAdmin LLC was established in July 2008 to provide a quality, outsourced solution to meet the dynamic back-office needs of the alternative fund industry in response to the industry's increasing focus on best practices to reduce systemic risk promote investor protection. For similar reads, visit this blog.