If you're looking for a tool that will help you get your sole trader or small business finances and taxes sorted, you might be considering either Parpera or Thriday.
You might be:
Both Parpera and Thriday are great tools in their own right, but ultimately it comes down to understanding which one might be best for you. In this article, we’ll give you information on both tools so you can make a decision for yourself.
With that in mind, this article covers:
Note: You can try Parpera today for yourself by signing up and starting your free 30-day trial.
Parpera is a business finance management solution that’s designed to make it easy for sole traders and small business owners to manage their business finances from one app.
It takes minutes to sign up and when you do that you’ll also open your business account with our partner, Wise, which allows you to keep your business and personal money separate.
Here’s just some of what you can do with Parpera:
The process for both sole traders and companies to sign up is quick and easy, and all done from your phone!
To get started you’ll need:
Download the Parpera app then follow the 4-step sign-up process:
Parpera makes it easy to send and receive online and in-person payments with a click, with unlimited incoming and outgoing transactions.
Since invoicing is such a vital part of running a small business, we wanted to make sure it’s easy to quickly create a professional invoice. With the Parpera App, you can do it with a few taps and in less than 30 seconds.
We know getting paid quickly and without hassle is also important to small business owners, so we’ve made sure your payment details are automatically added to each invoice and are the most prominent feature.
With Parpera invoices you can:
You can Earn 3.35% p.a. (variable) return* on your money, all within the Parpera App. We know every dollar counts, and we're here to make sure yours work just as hard as you do.
With Parpera Earn you can:
* Variable return as of 21/09/2023. See our disclaimer and terms below to consider whether it’s right for you
The Parpera App is designed to make life easier for you as a sole trader or small business owner, and our tax management features are no different. We don’t want you to have to spend hours wading through invoices and receipts every quarter to prepare your BAS.
With Parpera you can:
Whether you're registered for GST or not doesn’t matter, as Parpera is designed to help you be tax compliant either way.
We know how frustrating it can be not to be able to get hold of some help when you need it, so we offer multiple ways to get in touch. We take a human approach to customer service, and this is available 24/7 via chat, email, or phone.
As well as our money management platform, you get access to a bigger community as well. You get the opportunity to test new features before they're rolled out, take part in discussions and share feedback with us. We also offer extra benefits such as events, webinars and discounts on Parpera partner services.
We’re up front about cost and believe in full transparency. Our name reflects this, since Parpera is Latin for "fair wallet".
With Parpera, you’ll never find yourself having to pay any unexpected, hidden fees. Instead, we have tiered pricing with multiple packages (which is tax-deductible too!):
You can try any of these packages for free for 30 days, and should you want to cancel you can easily do this at any time with the click of a button – no questions asked.
Parpera is great for:
Thriday is an all-in-one transaction and accounting platform for sole traders and small businesses that was founded in 2020.
When you become a Thriday member and your details are verified, you’ll be able to access your business transaction bank account. You can:
There are some extra fees so be sure to read the FAQs and fine print to know exactly what you could be charged.
When it comes to quoting and invoicing, Thriday allows you to:
You can scan and send bills to Thriday to automate bill payments. You can also:
Thriday offers accounting features such as automatic transaction reconciliation and expense categorisation. It also automatically generates monthly reports.
You can scan, send and save receipts on the go, and the app:
Thriday has a number of features designed to help you manage your taxes:
Currently, Thriday is only available to sole traders, so they’re good for sole traders who want to automate as much as possible. It’s also best for those who aren’t easily overwhelmed by having a lot of features available.
In this article, we compared Parpera vs Thriday, looking at the features and differences between the two platforms. Now it’s over to you to decide which one might work best for you and your business.
You can try both platforms for free for 30 days, so why not download the Parpera app today and see how well it works for you?
Download Parpera today and start your free 30-day trial.