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How a proprietary app can transform an SME entrepreneur's accounts

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For many small- and medium-sized business owners, accounting is still that one part of the job you'd rather work around than through. Collecting receipts, tracking hours, recording mileage, sending invoices, sending reminders to late customers. Those who spend an hour a day on this are mostly paying with time that would be more valuable elsewhere.

Standard accounting packages solve some of this, but run into limits once the work becomes specific. An installer working on site needs different information than a coach with online consultations. A wholesaler with seasonal peaks counts differently from a service provider billing on an hourly rate. A generic package forces you to adapt your process to the software, rather than the other way around.

An app that works the way the entrepreneur thinks

That is exactly where a proprietary app makes sense. Not as a replacement for the accounting package, but as the shell around it that you use every day. An installer photographs the meter reading on the pavement, ticks off which materials have been consumed and within five seconds has the invoice ready for the customer in draft form. That same data runs in the background to the accounting package where the taxman eventually looks in. The entrepreneur no longer needs to retype anything.

The difference is in where the input takes place. With a standard accounting package, entry happens at a desk, after the fact, often on Friday evening when everything is gathered together. With a proprietary app, the entry happens at the time the work happens. That sounds small, but changes the whole dynamic. No backlog, no shoebox of receipts, no evening a month spent on administration.

What you get back is more than time

The time saving is the first thing that stands out, but rarely the most valuable result. An app that captures data in real time also gives the entrepreneur insight. How does this month's revenue compare to the same month last year. Which product category is falling behind. Which customer has ordered above average in the last 12 months. Those kinds of questions were until recently the domain of controllers in large companies.

In a well-designed app, the entrepreneur gets that information on his phone, between appointments. Decisions that were previously put off until quarterly figures can now be made weekly. Stock orders become sharper, pricing becomes more substantiated, and the gut feeling that many small business owners have long made do with gets numbers alongside it.

Own work requires own software

Those considering this step quickly run into the question of where to start. For many entrepreneurs, having their own app still sounds like something of big business. Yet the threshold has dropped considerably in recent years. With a good analysis of the work process, an experienced agency can deliver a working first version in a few months. Having an app made is then no longer a budget item on the order of a new-build house, but an investment that often pays for itself within one to two years via the hours you no longer spend on duplicate work.

Where the profit really lies

Having your own app is not an end in itself. The difference with a standard solution is in how closely the software fits the way the entrepreneur works. The more creases in that work, the more you get in return for a proprietary solution. For the installer, the physiotherapist with a busy practice, the catering entrepreneur with six cash registers and his own vendor, that's where the difference of a proprietary shell makes the biggest difference.

Accounting never stops being a challenge, but it no longer needs to be a block. For entrepreneurs who are serious about supporting their way of working with software, having their own app is now no longer a luxury, but an increasingly accessible way to take back control.