For any business and business owner, it is essential to be on top of all things finance. Revenue, expenses, sales, profits, and payrolls are all significant figures for any company. If you want your company to be successful, you need to manage, track, and evaluate every financial information. Although Tally is the most popular accounting software that business swears by, it does have its limitations.
In this digital-led business age, companies need access to their financial data regardless of place and time. Therefore, tallying data on mobile is critical.
ZikZuk’s Business Finance Manager (BFM) lets you manage your financial reporting, payables, receivables, and other financial activities right from your mobile phone. Using the BFM mobile app, you have real-time access to your finances.
Manage end-to-end Tally operations
The sales team spends most of their time on-road meeting clients and bringing new business to the company. It becomes a hassle for them to sit at the desk and update the sales details on Tally.
With BFM, however, your team can create sales and purchase orders from their mobile devices along with invoices and payment receipts. They can also send the same to the customers right from the app via WhatsApp and email. Further, they can automate Tally entries using BFM, which saves time and reduces errors.
Get complete visibility of your finances
To ensure that your business finances are in good shape and avoid any unexpected shocks, you must be always paying attention. By accessing Tally data on mobile, you get a 360-degree view of your business accounts through an intuitive dashboard. It will allow you to track your financials including payments, receipts, sales, receivables, and payables from a single place. BFM’s seamless integration with Tally will also give you real-time insights into your sales and other finance data.
Automate payment collection to avoid delays
A lot of times your sales team may miss out on following up with customers for payments. If it goes unnoticed and unaddressed, it could become risky and impact your financial management. You can avoid it by using BFM and connecting your Tally data on mobile. You can view the receivables information from the dashboard and prioritize based on their payment activity.
BFM allows you to set automated reminders through emails, SMS, and WhatsApp so that no outstanding bill slips through the cracks. One major advantage of using BFM is that you can assign credit limits to your customers based on aging analysis.
Simplify cash flow management
Cash flow is a major indicator of your company’s health and growth appetite. If not managed properly, it could drag your business into a deep abyss. However, it is as easy to manage as it is important if you keep your financial data updated and accurate. Staying ahead on your business finances requires managing customer quotations, sales orders, invoices, and other details dynamically. It is possible to access Tally data on mobile using BFM.
BFM will give you forecasts of your receivables and payables so that you can plan your growth strategies accordingly. Through actionable insights, you can make informed business decisions and navigate your company through market uncertainties.
Conclusion
If you want to power your business to its full potential, you will need to invest in a business intelligence platform. Zikzuk is an ideal solution designed for SMEs so that they can create seamless accounting processes. The user-friendly BFM will give you access to your financial data on the go by serving Tally data on mobile. This means you can manage your invoices, expenses, purchase orders, and inventory from anywhere and anytime.