Bonsai
Product Identify: Bonsai
Product Description: Bonsai is a enterprise administration instrument that helps freelancers and small enterprise house owners run their enterprise.
Abstract
Bonsai is a enterprise administration instrument that permits freelancers and small enterprise house owners 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
- Consists of a number of useful consumer and undertaking 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
- Activity administration options will not be as strong as some rivals
- Additional price so as to add group members or use the tax planner
- Further 1% price for PayPal funds
- Restricted functionality for giant companies
- No free plan
Bonsai is a powerful 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 instantly by means of Bonsai.
They provide a 7-day risk-free trial to see if Bonsai is correct for your online 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 30 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 also help automate a number of duties, saving time and probably decreasing 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 will not be the best choice for task workflows with a number of shifting items and group members. Collaboration instruments like Asana or Trello are higher fitted to assigning sub-tasks, whereas Bonsai is best for establishing a due date, sharing minimal paperwork, and monitoring fee upon undertaking completion.
Bonsai Options
Desk of Contents
- At A Look
- Who Ought to Use Bonsai?
- Bonsai Options
- What Is Bonsai?
- Bonsai Options
- Quotes and Proposals
- Contracts
- Types and Surveys
- Shopper Relationship Administration (CRM)
- Add Staff Members
- Activity 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 focuses on 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 varieties and questionnaires
- Doc sharing
- Invoices
- Funds
- Scheduling
- Taxes
- Time monitoring
Particularly, you possibly can shortly entry industry-specific premade templates to draft proposals, contracts, and consumer consumption varieties. It can save you money and time by utilizing expertly-produced paperwork to speak clearly and enhance buyer engagement.
Along with having extra sources to pitch shoppers and collect important info from prospects, you possibly can simply bill and accumulate funds by means of PayPal or Stripe. The platform additionally presents an FDIC-insured enterprise checking account to watch your transactions simply.
Bonsai Options
Here’s a nearer take a look at a few of Bonsai’s most beneficial undertaking 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 straightforward to switch these paperwork and add extra element as required.
There’s an choice to create a clean proposal when a template isn’t 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 accumulate a partial fee with the consumer’s consent. Some examples embody non-disclosure agreements, letters of intent, and grasp providers agreements. Clean contracts are additionally prepared while you need to create one by hand by including or eradicating sections as obligatory.
The modifying course of highlights the fields you possibly can alter earlier than emailing the client 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 will not be state-specific, and chances are you’ll want so as to add extra modifications on your explicit scenario.
Types and Surveys
After procuring a buyer, you possibly can ship out premade varieties and surveys to assemble onboarding info and post-project suggestions.
For example, a medical workplace can generate one of many kind templates to be taught extra a couple of affected person’s related historical past, present wants, and expectations. Moreover, there are a number of consumption varieties you should utilize to assemble a buyer’s contact info and ask preliminary questions so that you don’t overlook to acquire the vital particulars.
You possibly can e mail or print the varieties that you simply create, and you can even combine them into your web site.
Shopper Relationship Administration (CRM)
Bonsai’s CRM software program can retailer pertinent contact particulars and undertaking histories for shoppers and leads. It’s also possible to automate duties, together with welcome emails, consumption varieties, and routine correspondence, by creating guidelines within the dashboard. Mid-tier and upper-tier subscribers could make a branded consumer dashboard to supply knowledgeable environment.
Add Staff Members
You possibly can add group members to your Bonsai account for $10 per 30 days or $100 per 12 months.
You possibly can assign 4 roles to a group member: Proprietor, companion, undertaking supervisor, and collaborator.
House owners have entry to each a part of Bonsai, whereas companions have entry to every part besides banking. Challenge managers can entry all consumer and undertaking info however not any monetary or income knowledge. Lastly, collaborators solely have entry to particular tasks and wouldn’t have entry to any consumer or monetary info.
Activity Supervisor
Bonsai’s on-line activity administration instrument enables you to create a number of duties inside a undertaking. With every activity card, you possibly can add subtasks, notes, and recordsdata you or your collaborators can entry.
This instrument is useful however might not embody as many workflow features as different, extra specialised platforms, corresponding to Asana or Trello. Nonetheless, it may present a high-level overview and needs to be ample for groups with only some collaborators.
Ship Invoices and Handle Funds
The Bonsai bill maker enables you to create itemized invoices inside minutes. They are often despatched on a one-time or recurring foundation.
A number 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. Should you desire money, wire switch, or examine transactions, offline funds are additionally potential by including directions within the “Different” part.
Prospects in america, 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. prospects.
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. Be aware that these funds incur a further 1% platform price.
Enterprise Banking Account
Bonsai customers can open a free enterprise checking account by means of the platform with out account minimums or hidden charges. This account gives as much as $250,000 in FDIC insurance coverage by means of Evolve Financial institution & Belief (FDIC Cert# 1299).
Banking advantages embody limitless digital envelopes to finances for your online business bills. It’s also possible to 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 firms can open an account with an EIN and different supporting paperwork. This is a wonderful checking account choice for freelancers because it integrates with the total Bonsai platform.
Time Tracker
Bonsai has a built-in time tracker that means that you can handle hourly tasks. You possibly can observe time by subtask and embody your hourly fee and notes. These additional tidbits make it simpler to draft an bill and let the client 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 enables you to enter time manually as properly.
Scheduling
The built-in scheduling instrument lets prospects 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 together with your varieties 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 means of a complimentary hyperlink.
With account syncing, you can even 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 establish 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 undertaking 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 supply your bank card quantity till the 7-day free trial interval ends.
Bonsai has two elective add-ons for individuals who need the added performance. Every add-on function prices $10 month-to-month:
- Staff Seat: Invite others to collaborate on tasks, observe time, and handle shoppers
- Bonsai Tax: Monitor bills, enterprise tax deductions, and estimate your revenue taxes
Right here’s a more in-depth 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 great for freelancers who need assistance with administrative duties and need to handle every part from a single platform. The opposite plans are higher if you have to combine with different enterprise software program or handle subcontractors.
Key options embody:
- Entry to all templates, varieties, and questionnaires
- Proposals and contracts
- Invoicing and funds
- Time monitoring
- Expense monitoring
- Shopper CRM and scheduling
- Limitless tasks and shoppers
The 2 increased 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 prospects know they’re partaking together with your firm.
Enterprise
Price: $79 month-to-month or $792 yearly
Bonsai’s premium Enterprise tier is designed for enterprise house owners 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 intensive CRM, gross sales, and advertising and marketing instruments that may accommodate massive enterprises. In truth, Zoho claims that 90% of Fortune 500 corporations are utilizing its software program. The month-to-month plans vary from $14 to $52/month, paid yearly.
Nonetheless, that price is per person, so its straightforward to see how costly Zoho can get when you have quite a lot of customers. Zoho is value a glance when you have a big enterprise or group, nevertheless it could be overkill for solopreneurs and freelancers.
Bonsai vs. HoneyBook
HoneyBook gives contract templates, invoices, and fee choices at an inexpensive price. It’s essentially the most comparable 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 30 days when paid yearly, however you have to select the $33 Premium plan so as to add greater than two customers. Like Bonsai, HoneyBook presents a 7-day free trial.
Bonsai vs. QuickBooks
Take into account QuickBooks for those who’re on the lookout for strong accounting software program and produce other venues to handle shoppers and undertaking particulars. Its highly effective invoicing and bookkeeping software program, together with its elective payroll providers, 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 reviews. You possibly can even observe your mileage robotically, and Quickbooks presents multi-currency assist for those who do enterprise exterior of the U.S. Pricing ranges from $7.20 to $42 per 30 days for those who pay yearly.
FAQs
You should utilize 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 accumulate 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 varied invoicing, doc templates, and CRM instruments to conduct enterprise with shoppers and leads. The free account enables you to full fundamental providers with a pattern consumer to resolve if the Bonsai enterprise administration software program makes your admin duties simpler.
Paid subscribers can use the automated chatbot and on-line library to seek out options to basic issues. Dwell chat assist could also be accessible throughout common enterprise hours. Sending an e mail is on the market 24/7.
