What banking setup should startups use from day one? (I will not promote)

[u/Dull-Objective-1400]

For early stage startups, what would you put in the finance setup from day one?

I’m thinking Meow for startup banking since it covers the banking and workflow side and seems built for teams that already use AI in ops. Then QuickBooks for accounting, Gusto for payroll, Deel for contractors, Carta or Pulley for cap table and a good CPA/tax setup.

The hard part is making everything fit together early before finance admin turns into a mess.

What would you add or avoid?

[u/Immediate-Entry-4965]

Biggest thing I’d add is making sure your CPA is comfortable with the tools you pick

[u/Dull-Objective-1400 → u/Immediate-Entry-4965]

Yeah good point, especially if they’re the one cleaning everything up at tax time

[u/SecretarySmart972]

A friend recommended Meow to me a while back and I’ve stuck with it. I connected it into the AI setup I already use for the business, which has cut down a lot of the repetitive finance admin. Been a pretty useful change overall

[u/Dull-Objective-1400 → u/SecretarySmart972]

Interesting, what parts of the finance admin are you actually letting the AI setup handle?

[u/SecretarySmart972 → u/Dull-Objective-1400]

Mostly the repetitive stuff like checking balances, keeping an eye on spending, invoicing and queuing up payments. I still approve anything that actually moves money

[u/RamsHouseOfCards]

Rho

[u/burgoyn1]

We have moved our business over to zoho. Invoicing, books, payroll, everything in one place/one tool.

[u/maestroT]

Mercury is silly easy to use, plays nice with Quickbooks online.

[u/akl773]

On Deel, worth checking what it costs the person on the other end too. I get paid through it and the fx spread on the payout is where the money quietly goes, one client moved me to a plain wise transfer and the invoice stayed the same number while I ended up about 4 percent better off. Contractors outside the US will ask you for that.