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Freelance Accounting Launched

Vlorish has introduced a platform designed to enable freelances to manage personal and business finances.  Other likely users include solopreneurs, independent contractors, and employees with side hustles.

The company said the capabilities of its platform include dual budgeting, debt tracking, financial goal setting, investment monitoring, estimated tax calculations, and comprehensive net worth tracking. A mobile application is slated for release later this year.

Vlorish has also introduced Peer Score, a peer financial wellness score that evaluates multiple facets of finances, providing a more comprehensive view of a user’s financial health, and Taxifile, a real-time tax estimation tool for American federal and state taxes.

In addition, users can share budgets with financial advisors.

Three editions are available, starting with the Personal edition, priced at $20 a month. It is designed for W-2 employees with no self-employment income and no need to compute estimated taxes. At $40 per month, the Business edition is targeted at freelancers and self-employed workers who need budgeting, calculation of profit and loss, and tax estimates.

There is also an Advisor edition for $50 per month, designed for professionals who want to collaborate with clients.

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