I know that there are some startups working on software to significantly reduce the work needed in bookkeeping. Does anyone know of any that actually work well?
- Automatic daily import of bank and financial transactions into Google Sheets with powerful templates to get you started (or build your own). Money management pretty much always ends up in spreadsheets one way or another - Tiller removes the tedium of manually importing bank and credit card CSVs etc. Tiller's new AutoCat Docs Add-On categorizes expenses directly in Sheets based the rules you set.
- QBO is super easy to use, includes payroll and invoicing, and has integrations with everything you can think of. We use QBO with ReceiptBank so nobody ever has to manually do expense reports, and it's natively plugged into our payments processor.