Hnry vs Parpera - Which One is Better?

When searching for accounting tools, several things to consider are: their features, ability to automate manual tasks, and reliability.

Unless they combine all three, such tools are useless to you.

Both Hnry and Parpera tools possess all the characteristics mentioned above.

However, if you are not sure which one to choose, a one-on-one comparison can clarify things for you.

Let’s start with overviews!

Hnry Overview

Hnry is an accountant and tax automation tool tailored for sole traders, freelancers, and independent contractors.

It simplifies tax management by automating calculations, payments, and filings, so you can focus on running your business without worrying about taxes.

Hot Features

👉 Automatic Tax Calculations & Payments — Taxes are automatically calculated and paid as soon as you receive income.

👉 Unlimited Invoicing — Easily send invoices and get help chasing late payments.

👉 Expense Management — Snap a photo of your expenses, and Hnry’s accountants will handle the rest to maximize your tax relief.

👉 Personal Accountant — Hnry’s team of real accountants files your tax returns and answers your tax questions.

👉 Flexible Payment Options — Accept various payment methods, including credit cards, without extra costs.

How Hnry Works?

When you get paid into your Hnry Account, the platform instantly calculates and pays your taxes. This includes income tax, GST, ACC levies, and student loans.

The remaining amount is immediately transferred to your personal bank account.

For easier accessibility and navigation, Hnry offers an app where you can:

Best For

Hnry is ideal for self-employed professionals, including freelancers, tradies, medical contractors, and independent contractors, who want to simplify their tax management.

About Pricing

Hnry’s pricing is straightforward: 1% + GST on income, capped at $1,500 annually. No hidden fees, just pay as you earn.

Let's break down the costs:

Is Hnry right for you? If you value time savings, financial clarity, and professional support, it's worth considering!

Parpera Overview

Parpera is an all-in-one business app designed specifically for sole traders, company directors, freelancers, and entrepreneurs.

It streamlines your business finances, saving you time and allowing you to focus on growth.

Hot Features

👉 Instant Business Account & Debit Card: Open a business account quickly and access your funds with a Business Debit Mastercard.

👉 Easy Invoicing: Create and send personalized invoices, and track payments with ease.

👉 Real-Time Financial Insights: Monitor your income, expenses, and taxes in real-time.

👉 Automated Tax Management: Get automated tax estimates, save for taxes, and prepare your BAS effortlessly.

👉 Flexible Payment Options: Accept payments via card, QR code, or payment links, ensuring you get paid faster.

👉 Human Support & Partner Benefits: Access personalized support and exclusive rewards from partners.

How Parpera Works?

Parpera provides a business account and debit card that you can set up in minutes and is accessible directly from your phone.

You can use features like invoicing, payment processing, and real-time financial insights to monitor and effectively manage your business finances.

When it comes time to pay your obligations, the tool will automatically estimate your tax, track your receipts, and prepare your BAS to keep your finances in check.

Best For

Parpera is perfect for sole traders, freelancers, company directors, and small business owners looking for a simple, efficient way to manage their finances.

About Pricing

Parpera’s pricing is competitive: they offer 2 premium tiers, both with opportunities for you to earn money. They give you 3.60% p.a. return on your business account with no hidden fees.

Let's break down the key points:

Is Parpera right for you? If you value financial efficiency, real-time insights, and comprehensive business tools, it might be your cup of tea!

Hnry vs. Parpera: Which One to Choose?

When deciding between Hnry and Parpera, it's a paramount to consider the following aspects:

When to Choose Hnry?

Hnry is the right tool for you if:

✔️ You Prefer a Hands-Off Approach to Taxes

Hnry is perfect if you prefer to delegate all tax-related tasks to professionals.

The platform automates tax calculations, payments, and filings, ensuring you never miss a deadline or deal with tax surprises.

With a team of accountants ready to handle your returns and answer your questions, Hnry provides peace of mind for those who want to focus solely on running their business.

✔️ You are Looking for Ease and Efficiency

Hnry's comprehensive tax and accounting solution is a dream for those seeking simplicity.

It's a one-stop-shop that manages it all - from tracking expenses to filing returns. This makes Hnry an excellent fit for sole traders and freelancers who'd rather not dive into the complexities of tax management.

When to Choose Parpera?

Choose Parpera if:

✔️ You Want Comprehensive Financial Tools

Parpera offers a broader range of features beyond tax management, including real-time financial insights, flexible payment options, and interest-earning on your account balance.

If you’re looking for a single platform to handle your invoicing, payments, and financial tracking, Parpera provides the versatility you need.

✔️ You Prefer More Control Over Your Finances

Parpera is better suited for business owners who like to stay hands-on with their financial management.

It gives you the tools to manage taxes, track expenses, and optimize your finances while still offering automated features for efficiency.

✔️ You Need Flexibility and Growth Opportunities

With partner rewards and integrations, Parpera is designed to support growing businesses.

It’s ideal if you’re looking for a financial tool that evolves with your needs and offers more than just basic accounting services.

Hnry vs Parpera: Bottom Line

If your priority is complete tax automation with minimal involvement on your part, Hnry is the clear choice.

However, if you’re seeking a more comprehensive tool that gives you control and offers broader financial management features, Parpera is likely the better fit.

Ultimately, your choice should align with the goals we set at the beginning of this section.

If you are still not convinced which of the two should be your pick, we suggest you look at a third option: ANNA One.

Streamline All Your Finances with ANNA

ANNA is a comprehensive financial management tool designed to support Australian entrepreneurs at every stage of their business journey.

From company registration to day-to-day financial operations, ANNA provides the tools and expertise needed to streamline your business finances.

Key Features and Benefits

👉 Business Setup and Management

👉 Invoicing and Payment Collection

👉 Financial Organization

👉 Tax Management

👉 Business Health Monitoring

👉 Expert Support

ANNA serves as a dedicated financial ally for small enterprises and independent contractors across Australia. Our platform streamlines crucial monetary tasks, delivers insightful analysis, and provides access to professional guidance.

Our goal is to empower entrepreneurs like you to concentrate on expanding your venture, all while maintaining sound financial management.

Get started with ANNA Ona to supercharge your finances starting today!