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The Handbook of the American Entrepreneur Technology March 2007 TOOLS WINNING THE NUMBERS GAME SOFTWARE TO BOOST THE BOTTOM LINE BEST FO R entrepreneurs keep their businesses in shape by watching their, um, figures—that’s what running, Managing payroll crunching, and massaging the numbers is all about. When it comes to understanding the financials, most PayCycle Plus paycycle.com business owners rely on that old standby, the spreadsheet. Indeed, 25 percent of small companies still run WHAT IT IS: An online payroll service that automates primarily on spreadsheets, according to a survey by AMI Partners, a New York City research firm. But there the payroll process WHAT’S COOL: are a number of interesting new financial software is typically a company’s largest tools that can help boost your company’s fiscal fitness. Payroll expense. PayCycle handles basic Here are six we like. processing and its to-do list feature For more on financial analysis software, see our helps makes sure that all tax payments new technology site, IncTechnology.com. —Michael Fitzgerald and form filings will be sent on time. Ex- cel-compatible reporting tools let you analyze payroll outlays. And the software easily integrates with accounting programs like QuickBooks or Microsoft Money, which makes it easier to account for taxes and payroll. DRAWBACKS: The service is not meant for businesses with more than 20 employees. Customer service is somewhat limited; it’s offered five days a week, 12 hours a day. www.paycycle.com PRICE: $42.99 per month for five employees; additional employees cost another $1.50 a month. Copyright 2007 Mansueto Ventures LLC, publisher of Inc. magazine, New York, NY 10017. Posted with permission.