Introduction

As a business owner, it’s important to keep track of your expenses and pay your contractors and 1099 employees accurately and on time. Without an efficient and effective tracking system, businesses can waste countless hours and dollars manually tracking principal costs. That’s why Minute7 is such an incredible asset to any business. 

Minute7 is a time and expense tracking software that syncs with QuickBooks Desktop and QuickBooks Online and enables employees to enter time and expenses from their PCs, Macs, iPhone and Android devices. In this article, we’ll discuss the importance of using an efficient 1099 expense tracker and how Minute7 can help your business save time and money.

Benefits of Using Minute7 for Tracking Expenses 

Expense tracking is imperative to a business’ success. Law services, architecture firms, marketing agencies, consulting firms, retail stores, healthcare providers, construction companies, restaurants, and non-profit organizations are among the range of industries that benefit from expense tracking. 

Minute7 is a web-based platform that offers various benefits to its users. The platform provides web-based time and expense tracking, mobile access, secure data storage, and simple pricing. It also integrates with QuickBooks for invoicing and reimbursement purposes. Minute7's web-based system offers total visibility into expenses, critical data to make informed decisions, and the ability to manage time and resources more effectively. Employees can enter their time and expenses from their computers or other connected devices with ease.

Minute7's pricing is simple - just $8 per month per user - with no additional fees for signing up, downloading, setting up, or updating. Businesses can sign up for a 30-day free trial and cancel at any time with no impact on their QuickBooks data.

Overall, using Minute7 can help businesses streamline their time and expense tracking processes, improve data accuracy, and increase efficiency.

How Minute7 is Different from Other 1099 Software Providers

Minute7 offers some unique features compared to other 1099 software providers. Minute7 is designed to accurately track time and expenses for 1099 employees and contractors, while also integrating with QuickBooks Online. This allows businesses to pay their contractors and 1099 employees via QuickBooks Online effortlessly.

Unlike other providers, Minute7 offers a mobile app that allows users to enter time and expenses from their phones or other devices. This makes it easier than ever for businesses to track employee and contractor time on-the-go. 

Security and Compliance

Security and compliance are becoming increasingly important when tracking expenses due to the sensitive nature of financial data. Businesses must comply with government regulations, industry standards, and internal policies. Minute7 takes security and compliance seriously and ensures that businesses can remain compliant with various regulatory frameworks and guidelines. Minute7 implements policies and procedures, conducts regular risk assessments, and stays up-to-date with the latest regulations and guidelines to protect your business.

Conclusion

Tracking time and expenses for 1099 employees and contractors is no easy task. Fortunately, Minute7 can make the process easier by providing web-based time and expense tracking, mobile access, secure data storage, and simple pricing. Plus, Minute7 integrates with QuickBooks Online and QuickBooks Desktop to make 1099 payments easy and accurate.

Ultimately, Minute7 is an excellent choice for small and medium businesses seeking to quickly and accurately track time and expenses of their 1099 employees or contractors. Visit minute7.com to start your free-trial and request a demo today!