Lili - Small Business Finances 24.6.3

Lili - Small Business Finances 24.6.3

Lili Financial Services LTD – Freeware – Android iOS
out of 6498 votes
Latest Version
24.6.3
image/svg+xml EXCELLENT User Rating

Lili is a comprehensive business finance platform designed to streamline financial management for small businesses. It offers a range of features such as business banking, smart bookkeeping, invoicing tools, and tax preparation resources to help you stay on top of your business finances.

BUSINESS BANKING

  • Access to a Business Checking Account with no minimum balance or deposit requirements
  • Visa® Business debit card for convenient transactions
  • Easy Mobile Check Deposit feature
  • Fee-free ATM withdrawals at 38,000 locations
  • Cash Deposit available at 90,000 participating retailers
  • Option to receive payments up to 2 days early
  • No hidden fees
  • Automatic Savings feature
  • Cash Back Rewards program
  • Fee-free Overdraft up to $200
  • Savings Account with a competitive APY of 4.15%

ACCOUNTING SOFTWARE

  • Simplify expense management with tools and reports
  • Gain valuable insights into income and expenses
  • Easily attach receipts to expenses through your phone
  • Achieve on-demand reporting including profit & loss and cash flow statements

TAX PREPARATION

  • Automated labeling of transactions into tax categories for effortless tracking
  • Convenient write-off tracker to maximize deductions
  • Automated tax savings to streamline the process
  • Pre-filled business tax forms, including Forms 1065, 1120, and Schedule C

INVOICING SOFTWARE

  • Create and customize professional invoices
  • Accept payments through various methods
  • Efficiently track unpaid invoices and send payment reminders

SUPPORT FOR YOUR BUSINESS

  • Access to Lili Academy, offering videos and guides on running a small business
  • Free tools, downloadable resources, and long-form guides on relevant subjects
  • Exclusive discounts on tools from trusted partners
  • Curated newsletters and business-related content to stay informed

ACCOUNT SECURITY YOU CAN RELY ON

All Lili accounts are insured up to $250,000 through our partner bank Choice Financial Group, Member FDIC. Lili business accounts and debit cards are protected by industry-leading encryption software and security protocols. This includes robust fraud monitoring and multi-factor authentication. You can also receive real-time transaction alerts and easily freeze your card if necessary.

LEGAL DISCLOSURES

Lili is a financial technology company, not a bank. Banking services are provided by Choice Financial Group, Member FDIC. The Visa® Business debit card is issued by Choice Financial Group, Member FDIC. Certain features and benefits mentioned are available to specific account holders only, with applicable monthly account fees. The Annual Percentage Yield (“APY”) for the Lili Savings Account is variable and may change at any time. The disclosed APY is effective as of September 1, 2023.

Overview

Lili - Small Business Finances is a Freeware software in the category Business developed by Lili Financial Services LTD.

The latest version of Lili - Small Business Finances is 24.6.3, released on 07/02/2024. It was initially added to our database on 09/24/2023.

Lili - Small Business Finances runs on the following operating systems: Android/iOS.

Users of Lili - Small Business Finances gave it a rating of 5 out of 5 stars.

Pros

  • User-friendly interface that makes it easy for small business owners to manage their finances.
  • Offers a suite of features such as expense tracking, income tracking, invoicing, and budgeting tools.
  • Automated expense categorization helps users stay organized and save time on manual data entry.
  • Can sync with bank accounts to provide real-time transaction data for accurate financial monitoring.
  • Provides detailed insights and reports on business finances to help with decision-making.
  • Allows for easy integration with accounting software like QuickBooks for seamless financial management.

Cons

  • Not suitable for large businesses with complex financial needs and operations.
  • Limited customer support options, which may be challenging for users who encounter technical difficulties.
  • Pricing plans may be a bit higher compared to other similar small business finance apps in the market.

FAQ

What is Lili?

Lili is a banking app designed specifically for freelancers and small business owners to manage their finances more effectively.

What features does Lili offer?

Lili offers features such as expense tracking, invoicing, tax savings, automated bookkeeping, and access to banking services.

Is there a monthly fee to use Lili?

Lili offers a free tier with essential features, but there are also premium options available with additional features for a monthly fee.

How does Lili help with tax management?

Lili helps users set aside money for taxes automatically and provides tools for expense tracking, making tax reporting easier.

Can I integrate Lili with my existing accounting software?

Yes, Lili can integrate with various accounting software and apps to streamline your financial management.

Is my money safe with Lili?

Yes, funds held in Lili are FDIC insured up to $250,000 through its banking partner.

Do I need to have a business to use Lili?

While Lili is tailored for small business owners and freelancers, anyone can open an account as long as they meet the eligibility criteria.

How do I contact customer support for Lili?

You can reach Lili's customer support via the app chat feature, email support, or through their online help center.

Can I issue invoices through the Lili app?

Yes, the Lili app includes a feature that allows users to create and send invoices directly from the app.

Is there a mobile app for Lili?

Yes, Lili has a mobile app available for both iOS and Android devices.

Screenshots (Click to view larger)

Secure and free downloads checked by UpdateStar

Stay up-to-date
with UpdateStar freeware.

Latest Reviews

A Advantage OLE DB Provider
Unlocking Seamless Database Connectivity with Advantage OLE DB Provider
Australian Citizenship 2025 Australian Citizenship 2025
Streamlined Citizenship Application Made Easy with Australian Citizenship 2025
V Video Infral System
Revolutionizing Imaging Excellence with Video Infral System
Australian Citizenship 2024 Australian Citizenship 2024
Streamline Your Path to Australian Citizenship with Spurry Inc.
V ViaCoral
Transform Your Coral Reef Management with ViaCoral
A Advantage Crystal Reports Driver
Streamline Your Reporting with Advantage Crystal Reports Driver
Current Newsletter