What Role Does Technology Play in Managing Finances?
Technology can be a significant ally in managing a startup's finances: 1. Accounting Software: Tools like QuickBooks and Xero can simplify bookkeeping and financial reporting. 2. Financial Dashboards: These provide real-time insights into the business's financial health, helping entrepreneurs make data-driven decisions. 3. Expense Tracking Apps: Applications like Expensify can help in monitoring and categorizing expenses automatically.