Cobalt is a user-friendly invoicing and financial management platform tailored for New Zealand businesses, including freelancers, small enterprises, sole traders, contractors, and landlords. It simplifies the process of sending professional invoices, tracking expenses, and managing payments, enabling users to maintain control over their finances without the complexity of traditional accounting software.
Key Features and Functionality:
- Invoicing: Create and send customized invoices with editable pricing, descriptions, discounts, and notes. Set due dates and purchase order numbers, and calculate totals with inclusive, exclusive, or no tax options.
- Recurring Invoices: Automate billing for ongoing clients by scheduling invoices to send automatically on a weekly, monthly, six-monthly, or yearly basis.
- Payments: Integrate with Stripe to accept various payment methods, including credit cards, Apple Pay, and Google Pay. Add a 'Pay Now' button to invoices for seamless online payments.
- Expense Tracking: Record business expenses and alternative income, upload receipts, and manage categories to keep track of financial outflows.
- Financial Reporting: Generate financial reports, including profit and loss statements and tax summaries, filtered by month or financial year, to monitor business performance.
- Multiple Business Management: Manage separate businesses within a single subscription, with the ability to switch between businesses and customize settings and branding for each.
Primary Value and Solutions Provided:
Cobalt addresses the need for a straightforward, cost-effective financial management solution for New Zealand's small business community. By focusing on essential features like invoicing, expense tracking, and payments, it eliminates the complexity often associated with full-fledged accounting systems. This allows users to efficiently manage their finances, save time through automation, and ensure timely payments, all while maintaining a professional image with customized invoices and reports.
