Here at the Direct Capital Blog, we like to pass along tools and tips small businesses might find useful. We’ve got just the thing today for startups, as it turns out.
Courtesy of Small Business Trends comes this report about 60mo, which bills itself as your company’s “virtual (Chief Financial Officer).” Basically, the software takes your financial numbers and projections and runs with them, generating a huge variety of reports and breakdowns that can be helpful for you as you make your way through the jungle of small business finance.
Why’s it so useful for startups, you ask? SBT said it allows you to run a ton of forecasts, which is useful if you’re just starting out and could use all the forward-thinking help you can get:
Overall, 60mo is an up-and-coming forecasting and budgeting application for startups to companies with 10 to 200 employees. If you want to blend data from different places — Quickbooks, credit cards, your bank accounts — 60mo lets you combine it all in one dashboard so you can quickly see your financial picture.
Let’s face it, if you can simplify and streamline your number-crunching—and it looks like 60mo allows that, though it’s not accounting software—you’re going to do it. Might be worth a look at the very least.
Any experience with 60mo or thoughts on whether the software can help your company? Be sure to let us know in the comments.
Photo credit to leocub at http://www.sxc.hu/photo/1185958