New app set to streamline small business accounting

Many small business owners see accounting as a necessary evil. They know they need to stay on top of their sales, cash flow and so on but the actual process of doing so is a chore.

Now a new mobile app called ONE UP is claiming to reduce the amount of time taken to handle accounts to just a few minutes per month. It automatically synchronizes with banks and provides suggested entries that can be validated with a single click. In addition the ONE UP suite includes automatic inventory, CRM and invoicing.

"It's as if you had a CPA on your shoulder. ONE UP is the killer app for small businesses, and with the accounting solution we literally provide hands-free bookkeeping," says Francois Nadal, CEO of ONE UP. "ONE UP gives you your free time back because you get what matters to run your business -- cash flow, profit, loss -- quickly and without the hard work. After just three months, most of your data entry is eliminated as the app learns about your business".

The app is designed to make routine tasks automatic for small businesses ranging from solo business owners up to those with 20 employees. With ONE UP Inventory, the app synchronizes with the point of sale, for example, so all that is left is to validate the suggested orders to vendors and stock can be replenished with one click.

Developed from the successful myERP product which has more than 300,000 users in 50 countries, ONE UP is in three parts. Inventory generates packing lists or delivery notes from sales orders so users can deliver to customers faster and update the status of orders. All inventory movements are posted into ONE UP Accounting, the second module, which allows an accountant to log in remotely to audit books or export financial records to their location. Finally ONE UP CRM tracks chats, calls and tasks, helps organize time with leads, creates personalized quotes with a custom template, and can turn quotes instantly into an invoice or sales order.

Pricing for ONE UP starts at $9 per month for a single user, more information and a 30-day free trial is available via the company's website.

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