Explore the Highlights
This post is part of our Financial Tech Stack Series, where we explore essential tools that help experienced service professionals streamline operations, maintain financial clarity, and scale with confidence. In this installment, we’re highlighting the HoneyBook CRM, a powerful tool that simplifies client management, invoicing, and payments.
So far, we’ve covered QuickBooks Online, Found, Stripe, Toggl, and Gusto—each playing a crucial role in building a financial infrastructure that enhances efficiency and decision-making.
HoneyBook isn’t just a CRM—it’s a powerful tool for managing cash flow, collecting payments, and streamlining business operations. It earns an Honorable Mention in this series because it keeps clients organized, automates invoicing, and ensures payments arrive on time with less effort.
Disclosure: Some links in this post are referral links, which means I may earn a small commission if you sign up through them—at no extra cost to you. I only recommend tools I trust and use in my own business.
The Role of a CRM in Your Financial Tech Stack
A Client Relationship Management (CRM) system does more than just store contacts—it centralizes client communication, invoicing, contracts, and payments to create a smooth and profitable workflow.
Without a reliable CRM, service-based businesses often face:
- Missed follow-ups, leading to lost revenue opportunities and delayed cash flow.
- Disorganized invoicing, making it harder to ensure every payment is tracked and collected.
- Time-consuming admin work, pulling focus away from revenue-generating activities.
At Two Arrows, we emphasize financial clarity, efficiency, and consistency, and HoneyBook supports all three by ensuring client management directly connects to financial workflows.
Why HoneyBook? A CRM That Supports Financial Clarity
HoneyBook isn’t just a client management tool—it’s a business operations powerhouse that integrates proposals, contracts, invoices, and payments into a single, automated system.
1. Get Paid Faster & On Time with HoneyBook
A common issue I see with clients is forgetting to send invoices or follow up on payments, which disrupts cash flow. Many service providers do the work but delay invoicing, while others send invoices but don’t follow up—leading to late payments and financial stress.
HoneyBook solves both problems:
- Getting Paid Faster – Clients can pay online immediately through HoneyBook’s secure portal, eliminating the need to chase payments or wait for business hours.
- Getting Paid On Time – Automated invoicing ensures invoices go out on time, so revenue doesn’t get delayed simply because a manual step was missed.
By leveraging HoneyBook’s automation and built-in payment options, businesses can create a predictable, consistent revenue stream with minimal effort.
2. HoneyBook’s Payment Processing: Powered by Stripe
Fun Fact: While HoneyBook acts as its own payment processor, it has partnered with Stripe to power the secure transactions behind the scenes. This means every payment processed through HoneyBook benefits from Stripe’s trusted financial infrastructure.
This is significant because:
- You don’t need to connect a third-party payment processor—HoneyBook handles it all internally.
- Stripe’s encryption and fraud protection keep transactions secure.
- For businesses using Stripe elsewhere (like for product sales or subscriptions), this reinforces its strength as a trusted processor in multiple areas of a financial tech stack.
By leveraging HoneyBook for service-based payments and Stripe for other revenue streams, business owners can streamline their invoicing while maintaining financial flexibility across different income sources.
3. Stay on Top of Clients & Capacity with HoneyBook’s Pipeline Feature
One of the most valuable features in HoneyBook is the Pipeline View, which allows you to track how many clients you’re working with at each stage. This feature centralizes client management, keeping every client top of mind and ensuring no one falls through the cracks.
There’s nothing worse than realizing you agreed to work with someone—but forgot to follow up.
With HoneyBook’s CRM, you can:
- Monitor active projects and leads in one dashboard.
- See your capacity at a glance, preventing overbooking or scheduling conflicts.
- Ensure every client gets the attention they deserve, which strengthens relationships and supports steady revenue.
This directly impacts finances, as a well-managed pipeline ensures that every potential revenue opportunity is followed through, invoiced, and collected on schedule.
Why HoneyBook is an Honorable Mention in the Financial Tech Stack Series
While HoneyBook isn’t a traditional financial tool like QuickBooks Online or Stripe, it plays a major role in cash flow, revenue consistency, and financial organization—all essential for service-based businesses.
HoneyBook isn’t just a client management tool—it’s a business operations powerhouse that integrates proposals, contracts, invoices, and payments into a single, automated system. Check out HoneyBook here to see how it can streamline your workflow.
A strong financial tech stack isn’t just about bookkeeping and payments—it’s about ensuring client workflows support financial health. HoneyBook bridges that gap by keeping payments, contracts, and projects connected to business finances, eliminating inefficiencies that slow down revenue collection.
At Two Arrows, we believe that business success comes from clarity, consistency, and control—and HoneyBook helps service professionals maintain all three.
Final Thoughts: Should You Add HoneyBook to Your Financial Tech Stack?
Service-based business owners need efficient client management and reliable payment systems. HoneyBook CRM simplifies workflows by automating invoicing, streamlining contracts, and ensuring faster payments.
When combined with QuickBooks Online, Stripe, and Gusto, HoneyBook strengthens your financial tech stack, enhancing efficiency, compliance, and business growth.
What’s Next in the Financial Tech Stack Series?
This wraps up our Financial Tech Stack Series! If you missed any of the previous posts, check out our deep dives on QuickBooks Online, Found, Stripe, Toggl, and Gusto—each playing a key role in building an optimized financial system for service-based businesses.
Want to refine your financial systems with expert guidance? Let’s talk—schedule a consultation today and start building the financial infrastructure your business needs to scale with confidence.
The Two Arrows Difference
At Two Arrows, we specialize in helping experienced service professionals create financial systems that work for them—not against them. Whether it’s bookkeeping, payroll, or integrating a CRM like HoneyBook into your workflow, our white-glove approach ensures every financial decision is intentional and strategic.
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