Pallo offers a comprehensive suite of financial management features that replace multiple products, services and subscriptions that are traditionally required to manage both personal and business finances, saving customers time and money.
Short feature descriptions are provided below, with a link to additional information about each feature.
A single view across all linked Financial Institutions and the ability to add cash transactions allows customers visibility and management across every personal and business transaction. They can associate a transaction with a specific business, reconcile and book-keep regardless of which bank or credit card account the transaction occurred on.
Individual personal and business budgets are automatically created and tracked by expense category.
Professional invoices can be created, sent and managed right from within Pallo. Products, services, projects, billable time and reimbursable expenses can be added in one tap. And, payments can be received via Stripe, Venmo, PayPal, Zelle, CashApp, Bank Accounts, and more.
Receipts are captured via photo and Pallo matches them to the correct transaction & stores them for tax or reimbursement proof.
Billable and non-billable time can be captured in real-time or added after the fact with Time Tracking in Pallo. It can then be associated with projects and clients and added to an invoice with a single tap. Even those who do not bill hourly benefit from understanding and adjusting pricing according based on the overall time spent to produce a project or product.
Trips can be automatically tracked with Mileage or added manually. These miles can be associated with a specific vehicle and categorized as a personal trip or added to a specific business. Tracked trips can then be easily included on an invoice for reimbursement or for non-reimbursable business mileage, Pallo calculates the tax deduction for each trip as well.
Pallo customers can export Profit and Loss statements and other reports for each of their personal or business profiles in seconds.
Pallo provides Smart Insights on both business and personal finances and visualizes spending habits by time period, category and budget, and provides information on where to optimize for specific goals.
Pallo identifies tax deductions throughout the year and provides the ability to file taxes for Premium (Annual) subscribers.