Empirical: Business Finances

Know how your business is really doing—and discover ways to increase profit. Empirical is a bookkeeping and expense-tracking app built for self-employed business owners who want more than organized records. Track income and expenses, understand how your business is performing, and get insights based on your actual numbers—so you can make more informed decisions about what to do next. UNDERSTAND YOUR BUSINESS PERFORMANCE • 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 performance over time to understand what changed—not just where the business stands today. FIND WAYS TO IMPROVE PROFIT • Get plain-language insights when margins shrink, spending increases, profit changes, or cash flow dips. • See the business activity behind each insight and review practical suggestions based on your performance. • Empirical uses your actual numbers—not forecasts or generic advice—to help you identify opportunities, control costs, protect cash flow, and make informed changes. TRACK EXPENSES WITHOUT THE BUSYWORK • Scan or upload a receipt and let AI capture the merchant, date, subtotal, tax, and total. The receipt stays attached to the expense, so the complete record is always easy to find. • Connect a business bank account or card with read-only access. Transactions are imported automatically, and purchases that may be deductible are flagged for your review—even when there is no receipt. KEEP EVERY PURCHASE ORGANIZED • Expenses from receipts and connected accounts are automatically sorted into US or Canadian tax categories with a deductible percentage you can review and change. • Create tags for clients, projects, or job sites to see what each one costs. • Search your complete expense history whenever you need it. BUILD COMPLETE, READY-TO-USE RECORDS • Category-specific guidance shows which details to record for each expense. • A readiness status shows what is complete and what still needs attention. • Create expense and financial reports when 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.