Namu Pricing, Features, Reviews & Comparison of Alternatives

Namu

Cloud-based financial management software for freelancers

5.0/5 (2 reviews)

Namu overview

What is Namu?

Namu is a cloud-based financial management software designed to help freelancers manage invoicing, retirement and tax planning, accounting, and reporting, among other processes on a centralized platform. Self-employed professionals can view their tax obligations, calculate required savings based on income or expense levels, and schedule recurring invoices according to individual requirements.

Namu's tax planning module utilizes data from various sources including bank or credit card transactions and invoices, which helps real estate agents calculate quarterly tax estimates and state or local income taxes. Freelancers can manage credit card or automated clearing house (ACH) payments, scan receipts, and generate profit and loss (P&L) and Schedule C tax reports. The software also helps concierges file annual tax returns, download transactions, and set up bookkeeping processes.

Using Namu, real-estate agents can calculate profitability and estimated taxes, add, filter, or organize financials, and gain visibility into property listings on a dashboard. Other features include invoice templates, built-in CRM, and expense tracking.
www.namu1099.com

Pricing

Starting from
$5/month
Pricing options
Subscription
Free trial
Value for money
View Pricing Plans

Devices

Business size

S
M
L

Markets

United States

Supported languages

English
Namu screenshot: Namu transaction category managementNamu 1099 Explainer Video Oct 2019

Namu user reviews

Excellent
2

Very good
0
Average
0
Poor
0
Terrible
0
Value for money
Features
Ease of use
Customer support
  5.0
  4.0
  4.5
  5.0
Alyssa Orcuilo

Namu is the best financial platform specifically for freelancers

Used monthly for 6-12 months
Reviewed 2020-09-16
Review Source: Capterra

Overall, Namu has been very easy to use and worth every dime. It has what I need and trims away a lot of the stuff I don't need, which makes it really cost-effective. Their customer support has also been very prompt and responsive in helping me with getting onboarding and answering any questions I've had.

Pros
The invoicing system is very robust. I was able to connect with my existing Stripe account and start getting paid instantly. My clients can very easily pay invoices by card or ACH. I was also able to connect with my bank account and credit card. Namu downloads my transactions so that I can link deposits from Stripe to invoice payments and categorize expenses to find deductions. All of my income and expense data flows into their tax planning tool which helps estimate my quarterly taxes. Never have I found a tool that did this so accurately! Namu also has a simple-to-use retirement planning solution that can use my accounting data.

Cons
Namu has a user interface that is a bit complex at times, like with the tax planning feature. However, the entire system is currently undergoing a facelift that has made it much easier to use. I would like to offer PayPal payments, especially to my international clients. This is a feature request that Namu does plan to soon roll out though.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 9/10

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Jennifer Rosenbaum

Built just for self-employed professionals? Yes, please.

Used weekly for less than 6 months
Reviewed 2020-09-16
Review Source: Capterra

All in all good. Excited to see the next iteration because I really want the retirement module so I don't have to worry about my future.

Pros
It's easy to set-up and they have excellent customer service. As part of the free trial, I got an hour of call time with the founder, who wound up forming my LLC and got me up and running on the platform. As a female entrepreneur, I was happy to see that they were gender agnostic - I've found a lot of other platforms not helpful in helping to answer the basic questions. So glad I found Namu.

Cons
As with any software, there are bugs, but Namu is constantly updating the software and the best part, is that as a user I can hotjar a bug or give feedback. It's a great solution IMO.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

Minimize review

Namu pricing

Starting from
$5/month
Pricing options
Subscription
Free trial
View Pricing Plans

Namu is offered across three pricing plans, outlined below. A 30-day free trial is available.
• Standard-
Standard: $5 per month
Plus: $10 per month
Premium: $15 per month
• Real-estate-
$20 per month
• Concierge-
Gold: $100 per month
Silver: $250 per month
Platinum: $500 per month

Namu features

Accounting Management
Billing & Invoicing
Expense Tracking
Invoice Management
Reporting & Statistics
Third Party Integration

API (296 other apps)
Accounting Integration (179 other apps)
Activity Dashboard (251 other apps)
Audit Trail (150 other apps)
Automatic Notifications (178 other apps)
Compliance Management (206 other apps)
Customizable Reporting (177 other apps)
Data Import/Export (199 other apps)
Electronic Payments (184 other apps)
Financial Analysis (144 other apps)
Invoice Processing (161 other apps)
Multi-Currency (177 other apps)
Real Time Data (157 other apps)
Workflow Management (167 other apps)

Security and privacy

Encryption

Encryption of sensitive data at rest
HTTPS for all pages

Access control

Multi-factor authentication options
This will ask you to sign in with LinkedIn

Videos and tutorials

Additional information for Namu

Key features of Namu

  • Accounts Receivable
  • Automatic Billing
  • Billing Portal
  • Budgeting & Forecasting
  • Budgeting/Forecasting
  • Customizable Invoices
  • Financial Reporting
  • Hourly Billing
  • Invoice Creation
  • Invoice History
  • Mobile Payments
  • Online Invoicing
  • Online Payments
  • Payment Processing
  • Project Billing
  • Recurring/Subscription Billing
  • Tax Calculator
  • Tax Management
View All Features

Benefits

Integrated data flow including invoicing, accounting, tax calculations and retirement planning.