However, there are still good reasons to be familiar with your accounting software. First, your accountant will use this software, and you’ll want to ensure it works with the rest of your tech stack. Second, you’ll probably want to be able to access the software and pull reports without needing to ask your accountant, so make sure that’s an option. Accounting software does more than just track your expenses; it also automates critical financial tasks, reducing human error and freeing you up to focus on scaling your business.

Industry Requirements

By automatically importing this data, the API can help ensure that all relevant information is recorded into Puzzle. This full data sync saves time, reduces errors, and also provides an audit log of sorts, as there is no need for manual data entry or lengthy email confirmations about what a transaction was for. When startups are choosing a bank, there are several factors to take into consideration. Like Kurtis Hanni states, “banks are much more than choosing where your money sits.” Take Greg Gordon, the founder of PartyMachines, a manufacturer and seller of foam party equipment.

Mercury Business Banking

The accounting software landscape in 2026 offers unprecedented options for businesses of all sizes. From comprehensive enterprise solutions to specialized tools for freelancers, the key lies in matching your specific requirements with the right platform’s strengths. Startup founders and small business owners are often required to take on personal risk via personal guarantees or security deposits in order to open a corporate credit card, but not with Brex. Brex was created to remove common hurdles and offer startups access to robust corporate credit card services instantly, using the Mastercard network. A newcomer to the space, Campfire is finance and accounting software designed specifically for startups, offering intuitive tools https://dimensionzen.com/streamline-your-finances-with-expert-accounting-services-for-startups/ to manage finances without the need for advanced accounting knowledge. With its focus on simplicity and collaboration, it’s perfect for small teams working in dynamic environments.

• However, the platforms have some key differences that may make one of them better suited to your business needs.
• Startups often operate on tight budgets, so it’s important to find a tool that offers the right balance of functionality and affordability.
• All plans include free mobile apps to run your business on the go, QuickBooks support, and app integration.
• Through the company’s platform, users can generate custom, branded invoices, receive payments through flexible channels, and monitor the status of all invoices.
• Since the beginning, it’s been customary for our teams to serve each other tea.
• Novo is ideal for small business owners, freelancers, and entrepreneurs who need a simple, no-frills business checking account with useful integrations and no fees.

How to build business credit for your startup

Pilot offers bookkeeping services for startups, e-commerce, and nonprofits — pairing technology with accounting expertise. They handle company finances, prepare financial statements, and even help with tax compliance. Accounting software refers to digital tools designed to help startups organize and manage their finances, tracking revenue, expenses, bank activity, invoices, and other essential data.

What are the best API integrations to use with Mercury?

Mercury also offers a standard savings account alongside the company’s business checking account, providing a straightforward option for businesses to set aside funds. Unlike the high-yield Treasury account, the standard savings account usually has no minimum balance requirement. Founders don’t have time to juggle separate tools for bill pay, invoicing, or employee expense management. Business accounts with these workflows integrated allow you to keep everything in one place, saving both Streamline Your Finances with Expert Accounting Services For Startups time and cost while reducing errors.

This is an area where fintechs shine, as most traditional banks don’t have financial tools integrated with their business account products. Novo’s business checking account doesn’t charge monthly fees or require a minimum balance to set up. However, the platform lacks several valuable features like cash deposit capabilities and the ability to send outgoing wire transfers.