{"id":289537,"date":"2025-03-21T17:52:30","date_gmt":"2025-03-21T04:52:30","guid":{"rendered":"https:\/\/www.reckon.com\/nz\/?post_type=sbh&p=289537"},"modified":"2025-03-25T14:05:34","modified_gmt":"2025-03-25T01:05:34","slug":"financial-management-tools","status":"publish","type":"sbh","link":"https:\/\/www.reckon.com\/nz\/small-business-resources\/business-financing\/financial-management-tools\/","title":{"rendered":"Tools used in financial management"},"content":{"rendered":"

[et_pb_section fb_built=”1″ custom_padding_last_edited=”on|phone” _builder_version=”4.23″ custom_padding_tablet=”” custom_padding_phone=”0px||||false|false” locked=”off” global_colors_info=”{}”][et_pb_row column_structure=”1_3,2_3″ _builder_version=”4.23″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” width=”100%” custom_padding=”||0px||false|false” global_colors_info=”{}”][et_pb_column type=”1_3″ module_class=”table-contents” _builder_version=”4.23″ background_color=”#f4f4f4″ custom_padding=”25px||25px||true|false” sticky_position=”top” sticky_limit_bottom=”section” sticky_position_tablet=”top” sticky_position_phone=”none” sticky_position_last_edited=”on|desktop” pac_dcm_carousel_specific_module_num=”0″ border_radii=”on|24px|24px|24px|24px” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text _builder_version=”4.23″ text_font=”||||||||” global_colors_info=”{}” background__hover_enabled=”on|desktop”][\/et_pb_text][\/et_pb_column][et_pb_column type=”2_3″ _builder_version=”4.16″ custom_padding=”|||” pac_dcm_carousel_specific_module_num=”0″ global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text admin_label=”Copy paste body text here” _builder_version=”4.26.1″ header_2_font_size=”32px” hover_enabled=”0″ header_2_font_size_tablet=”30px” header_2_font_size_phone=”26px” header_2_font_size_last_edited=”on|tablet” global_colors_info=”{}” sticky_enabled=”0″]<\/p>\n

The tools used in the financial management of your business can make or break your financial success. If you want to reinforce your business, there are assorted financial management tools you can get your hands on to help.<\/span><\/p>\n

Financial management for small business owners can be as simple or as complex as you make it. With the right tools for the job, you can be sure your time and management capacity is maximised.<\/span><\/p>\n

To save yourself hours of manual work and stress, while also improving budgeting, accuracy and analysis, a modern small business needs to rely on financial management tools.<\/span><\/p>\n

Here are a few tools that will boost your small business financial management efficiency and techniques.<\/span><\/p>\n

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Simple CRM<\/span><\/h2>\n

For a medium to large business, a\u00a0<\/span>CRM system<\/span>\u00a0that is too simple can amount to error-prone slabs of data and a spider web nightmare of integrations with your other systems.\u00a0<\/span><\/p>\n

However, if you\u2019re a small business this can be a far simpler affair.<\/span><\/p>\n

A CRM, or <\/span>c<\/b>ustomer <\/span>r<\/b>elationship <\/span>m<\/b>anagement tool, contains your business\u2019s lifeblood data and can be far more powerful and simple than the behemoths of the past.\u00a0<\/span><\/p>\n

A simple CRM can also be effectively deployed in even the smallest of businesses where you may think it\u2019s not necessary.<\/span><\/p>\n

So, what are we looking for today in small cheap and modern CRMs for small business?<\/span><\/p>\n