ERP + PFP for Entrepreneurs: What to Track First
Entrepreneurs: You Need Two Financial Views
Most entrepreneurs in Qatar focus on business finances — revenue, expenses, profit. But they forget to track personal finances alongside the business. When your salary, investments, and business cashflow are intertwined, you need a unified view.
That's where ERP + PFP (Personal Financial Planner) comes in.
The 5 Things to Track From Day One
1. Cash Flow (Business)
Know exactly how much money is coming in and going out — daily. AI-powered ERP gives you real-time cash flow dashboards, not month-end surprises.
2. Receivables & Payables
Who owes you money? Who do you owe? Automated invoice tracking and payment reminders ensure you never lose track.
3. Inventory Costs (if applicable)
For restaurants, coffee shops, and retail — your inventory is your cash sitting on shelves. Track cost of goods sold (COGS) and reorder points automatically.
4. Personal Net Worth
As an entrepreneur, your wealth is tied to your business. Track personal assets, liabilities, and net worth alongside business performance.
5. Tax Obligations
While Qatar has favorable tax policies, understanding your financial obligations (VAT, licensing fees, etc.) requires organized records that ERP automates.
Why AI Makes This Easier
AI-powered ERP doesn't just record numbers — it analyzes patterns. It tells you:
- When cash flow is trending down before it becomes a crisis
- Which customers consistently pay late
- Where you're overspending compared to industry benchmarks
- How your personal wealth is impacted by business decisions
Start Simple, Scale Smart
You don't need a complex system from day one. Start with invoicing, expense tracking, and personal finance monitoring. As your business grows, add inventory management, payroll, and advanced analytics.
Explore our ERP & PFP solution →
Need help setting up? Book a free consultation →