Video: What are the First Systems to Set Up When Starting a Company?
We help venture back startups with everything from accounting, finance, tax, and HR. One of the biggest questions that we get from our new founders is what systems they should set up.
The answer is, number one, you should absolutely be on QuickBooks. Not Xero, not NetSuite, not FreshBooks. All great products, but, if you’re looking for something that actually scales with you for when you’re two employees all the way up to when you’re 100, the answer is QuickBooks.
The other three programs that you will absolutely need, and I like to call these the Holy Trinity, are:
There’s a reason why you’re gonna want to use explicitly those three programs, not any others, but just take my word, as an experienced startup accountant, for it. Gusto, Expensify, and Bill.com are your three choices!
Kruze Consulting is a leading CPA firm only serving funded startups. If you are a funded startup, choose Kruze Consulting’s team of CPAs, bookkeepers, CFOs, former IRS tax auditors, and venture experts. The firm handles all things Accounting, Tax, Finance, & HR: interim CFO Consulting, financial modeling, annual taxes, R&D tax credit studies, venture debt consulting, 409A reporting, bookkeeping, AR/AP, and Seed/Series A/B Fundraising Preparation. Contact Kruze today!
