June 6, 2011

60mo – An Online Business Manager

As the owner of a small but growing business, you could hire a chief financial officer, an HR manager, and a full time accountant. Or you could sign up for 60mo. 60mo is useful business management tool that entrepreneurs can use for financial forecasting, basic budgeting, and employee management. Unlike similar applications, 60mo can be used to run multiple companies with a single login.

Although 60mo doesn’t offer any free accounts, you can try out the system for 30 days without paying a dime. The app also offers special discounts for people who manage non-profit organizations. Once you’ve signed up for an account and logged into the system, you’ll need to give 60mo access to your bank accounts. 60mo can connect to more than 10,000 banks, financial institutions, and credit cards, so there’s no need to worry about whether the app will connect to your accounts. By giving 60mo access to your accounts, you’re making it possible for the app to get your real financial data in real time. Each time you login, you’ll see an overview of the cash available, monthly revenue, and monthly expenses. 60mo also keeps a running list of any financial alerts that need to be taken care of – such as bills that need to be paid and accounts that require some type of attention.

The more you use 60mo, the more it understands the way you work. In time, 60mo can start creating budgets and forecasts that you can use to manage employees and keep track of cash flow. And because the site is secure, verified, encrypted, and compliant, you’ll never have to worry about sensitive information getting into the wrong hands.

Practical Uses:

  • Keep track of how much revenue your business is bringing in
  • Create budgets that managers at your establishments are expected to follow
  • Get immediate alerts when there is a problem with one of your bank accounts
  • See how long it’s going to take your business to start generating a positive cash flow

Insider Tips:

  • 60mo integrates with QuickBooks and QuickBooks Online
  • Monthly transactions can be viewed on the bottom right corner of the dashboard
  • 60mo uses 256-bit SSL encryption and SAS 70 ii / PCI-DSS compliance
  • Businesses can manage their money in 300+ currencies

What we liked:

  • Because the system is cloud-based, users can manage finances from anywhere
  • 60mo helps business owner make good decisions with future financial forecasts
  • Entrepreneurs can manage multiple businesses with one 60mo account
  • Real time data transfers help people know how much money they have available at any given time

What we didn’t like:

  • 60mo is aimed at small to medium size businesses, and it wouldn’t be ideal for larger companies


Company Info:

  • Launched: October 2010
  • Privately Held
  • Headquarters: Wooster, Ohio
  • Founded by: Ed Buchholz, John Siladie and Keith Kauffman
  • Web site:


  • Free 30-day trial
  • Forecasting plan is $29/month


  1. Ed Buchholz is one of the good guys…

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