Bonsai
Product Identify: Bonsai
Product Description: Bonsai is a enterprise administration device that helps freelancers and small enterprise homeowners run their enterprise.
Abstract
Bonsai is a enterprise administration device that permits freelancers and small enterprise homeowners to handle all their enterprise duties in a single place, from consumer administration to accepting funds. You possibly can ship contracts and invoices to shoppers for e-signature or fee and handle your bookkeeping and funds proper inside Bonsai.
Execs
- Contains a number of useful consumer and venture administration instruments
- Customizable contract, consumption kind, and proposal templates
- In-depth invoicing and fee instruments
- Budgeting and tax planning options
- 7-Day free trial
Cons
- Process administration options should not as strong as some rivals
- Additional value so as to add group members or use the tax planner
- Extra 1% payment for PayPal funds
- Restricted functionality for giant companies
- No free plan
Bonsai is a formidable all-in-one enterprise administration firm for freelancers, companies, and small companies needing assist with administrative duties. Standout options embody the power to create clean-looking templates, collect pertinent consumer info, ship invoices, and categorize bills at a aggressive worth. We additionally like the truth that you possibly can open an built-in banking account with sub-accounts straight by way of Bonsai.
They provide a 7-day risk-free trial to see if Bonsai is correct for your small business.
At A Look
- Buyer Relationship Administration portal
- Construct and ship proposals and contracts for e-signature
- Create and handle invoices
- Handle funds
- Free FDIC-insured checking account with sub-accounts
- Pricing is $252 to $792 if paid yearly
- Add group members for $10 per thirty days or $100 per 12 months
- 7-Day free trial
Who Ought to Use Bonsai?
Bonsai is right for anybody with a contract enterprise or small group that desires to consolidate enterprise duties beneath one umbrella. The software program may help automate a number of duties, saving time and probably lowering the variety of enterprise software program subscriptions you want.
Bonsai excels at serving to companies handle assignments and talk with shoppers or prospects. You possibly can simply observe buyer funds and unpaid invoices.
Nonetheless, it is probably not the most suitable choice for task workflows with a number of transferring items and group members. Collaboration instruments like Asana or Trello are higher fitted to assigning sub-tasks, whereas Bonsai is healthier for establishing a due date, sharing minimal paperwork, and monitoring fee upon venture completion.
Bonsai Alternate options
Desk of Contents
- At A Look
- Who Ought to Use Bonsai?
- Bonsai Alternate options
- What Is Bonsai?
- Bonsai Options
- Quotes and Proposals
- Contracts
- Kinds and Surveys
- Consumer Relationship Administration (CRM)
- Add Crew Members
- Process Supervisor
- Ship Invoices and Handle Funds
- Enterprise Banking Account
- Time Tracker
- Scheduling
- Bookkeeping
- Bonsai Plans & Pricing
- Bonsai vs. Zoho
- Bonsai vs. HoneyBook
- Bonsai vs. QuickBooks
- FAQs
What Is Bonsai?
Bonsai is a enterprise administration service with many options to assist freelancers and small companies handle shoppers, tasks, and accounting. Bonsai launched in 2015 and makes a speciality of CRM, invoicing, bookkeeping, and enterprise banking.
Listed here are a number of the particular duties you possibly can incorporate:
- Banking
- Contracts and proposals
- Ship paperwork for e-signature
- Buyer consumption kinds and questionnaires
- Doc sharing
- Invoices
- Funds
- Scheduling
- Taxes
- Time monitoring
Particularly, you possibly can rapidly entry industry-specific premade templates to draft proposals, contracts, and consumer consumption kinds. It can save you money and time through the use of expertly-produced paperwork to speak clearly and improve buyer engagement.
Along with having extra assets to pitch shoppers and collect very important info from clients, you possibly can simply bill and acquire funds by way of PayPal or Stripe. The platform additionally provides an FDIC-insured enterprise checking account to observe your transactions simply.
Bonsai Options
Here’s a nearer take a look at a few of Bonsai’s most beneficial venture and consumer administration instruments.
Quotes and Proposals
There are over 160 premade templates to draft proposals for nearly any {industry}, together with the next:
- Accounting and Finance
- Structure
- Magnificence
- Teaching
- Building
- Consulting
- Dentistry
- Authorized
- Pictures
- Writing
These proposals are much like free downloadable templates you discover elsewhere on-line. Nonetheless, Bonsai makes it simple to switch these paperwork and add extra element as required.
There’s an choice to create a clean proposal when a template isn’t a superb match. Moreover, you possibly can create a number of packages and the consumer can provoke fee from the digital doc.
Contracts
You possibly can construct customized contracts inside a couple of minutes for a lot of niches and acquire a partial fee with the consumer’s consent. Some examples embody non-disclosure agreements, letters of intent, and grasp companies agreements. Clean contracts are additionally prepared once you wish to create one by hand by including or eradicating sections as needed.
The enhancing course of highlights the fields you possibly can alter earlier than emailing the shopper to signal electronically. Attorneys have helped draft these templates. Over time, different contractors have requested modifications to make the doc extra complete.
Keep in mind these contracts should not state-specific, and you might want so as to add extra modifications in your explicit state of affairs.
Kinds and Surveys
After procuring a buyer, you possibly can ship out premade kinds and surveys to collect onboarding info and post-project suggestions.
As an illustration, a medical workplace can generate one of many kind templates to study extra a few affected person’s related historical past, present wants, and expectations. Moreover, there are a number of consumption kinds you should use to collect a buyer’s contact info and ask preliminary questions so that you don’t neglect to acquire the important particulars.
You possibly can e mail or print the kinds that you just create, and you too can combine them into your web site.
Consumer Relationship Administration (CRM)
Bonsai’s CRM software program can retailer pertinent contact particulars and venture histories for shoppers and leads. You may as well automate duties, together with welcome emails, consumption kinds, and routine correspondence, by creating guidelines within the dashboard. Mid-tier and upper-tier subscribers could make a branded consumer dashboard to offer an expert ambiance.
Add Crew Members
You possibly can add group members to your Bonsai account for $10 per thirty days or $100 per 12 months.
You possibly can assign 4 roles to a group member: Proprietor, companion, venture supervisor, and collaborator.
House owners have entry to each a part of Bonsai, whereas companions have entry to every little thing besides banking. Undertaking managers can entry all consumer and venture info however not any monetary or income information. Lastly, collaborators solely have entry to particular tasks and should not have entry to any consumer or monetary info.
Process Supervisor
Bonsai’s on-line job administration device permits you to create a number of duties inside a venture. With every job card, you possibly can add subtasks, notes, and information you or your collaborators can entry.
This device is useful however might not embody as many workflow capabilities as different, extra specialised platforms, comparable to Asana or Trello. Nonetheless, it will possibly present a high-level overview and must be enough for groups with only some collaborators.
Ship Invoices and Handle Funds
The Bonsai bill maker permits you to create itemized invoices inside minutes. They are often despatched on a one-time or recurring foundation.
A few of the bill customization instruments embody:
- Including your tax ID or VAT quantity
- Select prefilled merchandise descriptions
- Together with reductions, bills, and tax after the subtotal
- Sync with a time log
- Add an organization brand
Buyer fee strategies embody financial institution switch, bank card, and PayPal, and you’ll select to have the purchasers pay the fee processing charges. When you favor money, wire switch, or examine transactions, offline funds are additionally attainable by including directions within the “Different” part.
Clients in the US, United Kingdom, Canada, and Australia can use the in-house Bonsai Funds platform to gather fee for paid invoices and contract down funds. Bonsai Funds is the default for U.S. clients.
The charges charged by Bonsai are aggressive and much like what you’ll pay with different fee processors. For many bank cards, you’ll pay 2.9% plus $0.30. Amex is 3.25% + $0.30. ACH transfers are 1%.
You even have the choice to make use of PayPal or Stripe as your fee processor. Word that these funds incur an extra 1% platform payment.
Enterprise Banking Account
Bonsai customers can open a free enterprise checking account by way of the platform with out account minimums or hidden charges. This account gives as much as $250,000 in FDIC insurance coverage by way of Evolve Financial institution & Belief (FDIC Cert# 1299).
Banking advantages embody limitless digital envelopes to funds for your small business bills. You may as well add automation guidelines to robotically break up deposits into the assigned envelopes.
You possibly can categorize transactions and notate tax-deductible spending, and Bonsai gives complimentary bodily and digital Visa debit playing cards.
Sole proprietors, LLCs, and companies can open an account with an EIN and different supporting paperwork. This is a superb checking account possibility for freelancers because it integrates with the total Bonsai platform.
Time Tracker
Bonsai has a built-in time tracker that permits you to handle hourly tasks. You possibly can observe time by subtask and embody your hourly charge and notes. These further tidbits make it simpler to draft an bill and let the shopper see pertinent particulars.
You possibly can simply begin or cease the stopwatch timer and use the dropdown menu to invoice the suitable consumer. The app permits you to enter time manually as effectively.
Scheduling
The built-in scheduling device lets clients schedule conferences primarily based on the provision in your digital calendar. This removes the necessity for a third-party calendar app, and it really works along with your kinds and consumer dashboard for a seamless expertise.
Bookkeeping
You possibly can hyperlink an exterior enterprise banking account to trace and categorize transactions robotically. Bonsai’s platform securely hyperlinks to over 5,000 monetary establishments utilizing Plaid, and you’ll share account entry by way of a complimentary hyperlink.
With account syncing, you too can generate revenue and loss statements, make budgets, and set planning targets. Including the Tax function ($10/month) is required if you’d like Bonsai to determine tax deductions and make your year-end tax prep course of simpler.
Bonsai Plans & Pricing
Bonsai has three totally different plan choices. You possibly can create a free Bonsai account to check the options with a pattern venture and get a really feel for the platform’s capabilities. After selecting a plan, you’ll obtain a seven-day free trial and use the options with precise tasks and shoppers.
You possibly can pay month-to-month or yearly:
- Starter: $25 month-to-month or $252 paid yearly
- Skilled: $39 month-to-month or $384 paid yearly
- Enterprise: $79 month-to-month or $792 paid yearly
You don’t want to offer your bank card quantity till the 7-day free trial interval ends.
Bonsai has two optionally available add-ons for many who need the added performance. Every add-on function prices $10 month-to-month:
- Crew Seat: Invite others to collaborate on tasks, observe time, and handle shoppers
- Bonsai Tax: Monitor bills, enterprise tax deductions, and estimate your earnings taxes
Right here’s a better take a look at what you get with every plan.
Starter
Price: $25 month-to-month or $252 yearly
Bonsai’s entry-level plan is superb for freelancers who need assistance with administrative duties and wish to handle every little thing from a single platform. The opposite plans are higher if you must combine with different enterprise software program or handle subcontractors.
Key options embody:
- Entry to all templates, kinds, and questionnaires
- Proposals and contracts
- Invoicing and funds
- Time monitoring
- Expense monitoring
- Consumer CRM and scheduling
- Limitless tasks and shoppers
The 2 greater plans embody all of those core options and extra.
Skilled
Price: $39 month-to-month or $384 yearly
Along with the core options supplied within the Starter plan, Bonsai’s mid-tier plan integrates with Calendly, QuickBooks, and Zapier. It additionally consists of extra workflow automations and limitless scheduling occasions.
This tier additionally gives a extra skilled look by eradicating the Bonsai logos from invoices and different correspondence. You additionally unlock a branded consumer portal that distinctly lets clients know they’re participating along with your firm.
Enterprise
Price: $79 month-to-month or $792 yearly
Bonsai’s premium Enterprise tier is designed for enterprise homeowners who work with subcontractors – an company, for instance. It provides subcontractor hiring agreements (1099s), an onboarding portal, and ongoing subcontractor administration instruments. You possibly can add limitless subcontractors to your profile.
Bonsai vs. Zoho
Zoho gives in depth CRM, gross sales, and advertising instruments that may accommodate giant enterprises. In truth, Zoho claims that 90% of Fortune 500 firms are utilizing its software program. The month-to-month plans vary from $14 to $52/month, paid yearly.
Nonetheless, that value is per consumer, so its simple to see how costly Zoho can get if in case you have quite a lot of customers. Zoho is price a glance if in case you have a big enterprise or group, however it may be overkill for solopreneurs and freelancers.
Bonsai vs. HoneyBook
HoneyBook gives contract templates, invoices, and fee choices at an inexpensive value. It’s probably the most related Bonsai various with limitless shoppers and tasks that may be managed on-line and thru time monitoring and scheduling instruments.
Pricing ranges from $8 to $33 per thirty days when paid yearly, however you could select the $33 Premium plan so as to add greater than two customers. Like Bonsai, HoneyBook provides a 7-day free trial.
Bonsai vs. QuickBooks
Take into account QuickBooks when you’re in search of strong accounting software program and produce other venues to handle shoppers and venture particulars. Its highly effective invoicing and bookkeeping software program, together with its optionally available payroll companies, is constructed to accommodate small and medium-sized companies with ease.
You possibly can select between a cloud-based or desktop platform to create invoices, observe gross sales and bills, and create and run experiences. You possibly can even observe your mileage robotically, and Quickbooks provides multi-currency assist when you do enterprise outdoors of the U.S. Pricing ranges from $7.20 to $42 per thirty days when you pay yearly.
FAQs
You should use Bonsai to realize fundamental or superior info from shoppers and leads, plus ship contracts and proposals. There are additionally in-depth options to handle tasks, ship invoices, and acquire funds. It additionally integrates with financial institution accounts to trace funds and tag tax-deductible bills.
A paid subscription is important to make use of the assorted invoicing, doc templates, and CRM instruments to conduct enterprise with shoppers and leads. The free account permits you to full fundamental companies with a pattern consumer to determine if the Bonsai enterprise administration software program makes your admin duties simpler.
Paid subscribers can use the automated chatbot and on-line library to search out options to basic issues. Stay chat assist could also be obtainable throughout common enterprise hours. Sending an e mail is obtainable 24/7.
