Empirical: Business Finances

Know how your business is really doing—and discover ways to increase profit. Empirical is a bookkeeping and expense-tracking app for self-employed business owners who want more than organized records. Receipts and connected account activity are automatically turned into organized books and a clear picture of your business. See what you earn, spend, and keep, then get plain-language guidance based on your actual numbers so you know where to focus next. KNOW HOW YOUR BUSINESS IS DOING • See revenue from every client or platform, spending by category, net profit, profit margin, cash flow, recurring costs, and an estimate of what to set aside for taxes. • Follow your numbers over time to understand what changed—not just where your business stands today. FIND WAYS TO INCREASE PROFIT • See when margins shrink, spending rises, profit changes, or cash flow dips. • Understand the activity behind each insight and get practical suggestions based on your performance. • Use your actual numbers—not forecasts or generic advice—to spot opportunities, control costs, and protect cash flow. KEEP YOUR BOOKS UP TO DATE • Connect a business bank account or card with read-only access. Transactions are imported and sorted into income and expenses automatically. • Purchases that may be deductible are flagged, even when there is no receipt. • Compare income sources and spending categories to see where money comes from and where it goes. TRACK EXPENSES WITHOUT THE BUSYWORK • Scan or upload a receipt. AI fills in the merchant, date, subtotal, tax, and total, then keeps the receipt attached to the expense. • Expenses are automatically sorted into US or Canadian tax categories with a deductible percentage you can change. • Add tags for clients, projects, or job sites to see what each one costs, and search your complete expense history anytime. KEEP RECORDS READY • Category-specific guidance shows which details to keep for each expense. • A readiness status shows what is complete and what still needs attention. • Create expense and financial reports whenever you need them. CHOOSE THE PLAN THAT FITS Empirical Track includes receipt scanning, expense tracking, automatic categorization, likely deduction flags, searchable records, and expense reports. Empirical Books includes everything in Track, plus the business dashboard, profit and cash-flow trends, recurring costs, tax estimates, complete financial reports, and guidance based on your numbers. Important: Empirical provides estimates and educational information, not tax, legal, or financial advice. Consult a qualified professional for advice about your situation. Terms of Use: https://withempirical.com/terms Privacy Policy: https://withempirical.com/privacy Empirical offers auto-renewing subscriptions. Features vary by plan. Payment is charged to your Apple Account at confirmation. Subscriptions renew automatically unless canceled at least 24 hours before the end of the current period. Manage or cancel in your App Store account settings.