Read our Finance Pal review to learn more about its core features, pricing plans, integrations, and other specifications. Find out how businesses are using this tool to streamline their financial processes and manage key financial accounts.
What is Finance Pal?
Finance Pal is an all-in-one financial tool that is primarily developed to ensure that the finances of small businesses are on track. Apart from providing world-class bookkeeping and accounting services, the vendor provides a dedicated team of finance professionals who ensure you are using the tool in the right way to make the most of its features.
With this finance solution, users have complete control over their business’s financial health. In a nutshell, with Finance Pal, users will get tailored tech, custom, and specialized solutions that are in tune with their financial needs.
Apart from providing tools to manage day-to-day finances, it also includes a robust set of features for long-term financial planning.
- Company: Community Tax
- Website: https://www.financepal.com/
- Founded in: 2015
- Country of origin: United States of America
Finance Pal Key Features
The software provides a range of powerful features that ensure you can maximize your profits and streamline online bookkeeping for your business. It provides tailored bookkeeping solutions that match the budget of small businesses.
Users have complete access to business projections, custom recommendations, and critical feedback to improve business processes. Besides, you can customize the range of services you require based on your small business’s requirements and only pay for the services you need.
As a business owner, if you do not wish to spend time handling your business accounts, Finance Pal is a perfect solution.
The business accounting software is designed to streamline your accounting process and provide you with the best tools and information to make informed decisions.
Each user who signs up for the small business accounting service module has access to an accounting team who will monitor your business’s finances.
The accounting team provides in-depth financial statements, insights, and useful recommendations to help your business grow.
Gone are the days when managing your accounts payable was time-consuming. With this feature, you can make the most of the tool’s cutting-edge technology that provides you with automated bill pay, streamlined processing, and more.
Every solution is developed to make sure to address the challenges users face while managing their accounts payable. Users can organize their workflows and also have access to a team of finance experts who help them with payment management.
For any type of business, securing payments should be seamless and without any major hurdles. However, due to different factors and administrative upkeep, payment management starts becoming a challenge. This is where Finance Pal’s account receivable can help you.
This module is specifically designed to ensure small businesses can collect payments easily. In addition, the user-friendly interface makes it even easier to handle payment requests and update records.
The vendor has remained focused on offering the best online payroll services that are easy to use and intuitive. The online payroll feature facilitates swift payroll processing due to the advantage of automated data collection.
Besides, since you are obliged to maintain transparent and precise payroll records, Finance Pal assists you in this area. As an employer, it is your responsibility to ensure that all your employees receive and submit important forms when they are hired and through their employment cycles such as 1099s and W2s.
With this tool, you can stay on top of your payroll records.
Bill pay service
The bill pay service paves the way for smooth, simple, and effortless bill payments that are optimized for the digital age. This makes paperless billing a reality and since it is hosted on the cloud, it is accessible 24/7.
Users can also schedule recurring payments to ensure they never miss a deadline.
Finance Pal Features Overview
- Custom recommendations
- Business projections
- Transaction recording
- Payroll management
- Tax preparation services
- Income statement preparation
- Balance sheet preparation
- Annual payroll tax returns
- Account reports
- Preparation of W-2s, 1099s, and other tax forms
- Personalized reports
- Data protection
- Access to experienced finance experts
- Sales tax consulting
- Accounts payable
- Accounts receivable
- Payment management
- Entity formation
Finance Pal Pricing
The vendor offers customized pricing plans to all users based on their requirements. You only pay for the services and features you use.
For more pricing information, get in touch with Finance Pal directly to get a custom quote.
Finance Pal Pros and Cons
- User interface and intuitiveness
- All features are easy-to-understand and streamline financial processes
- Users need to pay only for those services and features they use
- Excellent finance reporting tool for small businesses
- Accurate and precise recording and reporting of critical financial records
- The tool provides powerful insights into your business’s financial health
- Payroll management
- Dedicated account managers
- The onboarding process needs to be improved
- Primarily developed for small businesses
- Although the vendor offers customized pricing, users have asked for more clarity on pricing
Finance Pal Integrations
- T Sheets
Finance Pal Specifications
Free Trial – No
Free Version – No
- Live online
- Small businesses
Finance Pal pricing plans
The vendor offers customized pricing based on your business’s requirements. For more information, get in touch with the vendor directly.
- Phone support
Finance Pal Alternatives
- Sage Intacct
- Acumatica Cloud ERP
- BQE Core Suite
- Deskera Books
- Patriot Accounting
- Centage Planning Maestro
- Zoho Books
- Microsoft Dynamics 365
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