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Zoho Books vs Zoho Inventory
July 03, 2023 | Author: Michael Stromann
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Zoho Books is an online accounting software with time tracking that allows you to easily manage the money flowing in and out of your business. Manage your customers and invoices, while keeping expenses in check. Record, monitor and reconcile your bank accounts and transactions, and collaborate with your accountant in real-time. Most importantly, Zoho Books helps you make better, more informed decisions and stay on top of your business.
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Zoho Inventory is a powerful order management software that takes care of your stock management, purchase and sales orders.
Zoho Books and Zoho Inventory are two distinct yet complementary software solutions offered by Zoho Corporation. Zoho Books is an accounting software that enables businesses to manage their financial transactions, invoicing, and expense tracking efficiently. It provides robust features like bank reconciliation, automated workflows, and tax management. On the other hand, Zoho Inventory focuses on inventory management, helping businesses handle their stock levels, orders, and fulfillment processes effectively. It offers features such as real-time tracking, order management, and integrations with various e-commerce platforms. While Zoho Books focuses on the financial aspect, Zoho Inventory streamlines inventory operations, allowing businesses to have a comprehensive solution for their accounting and inventory needs.
See also: Top 10 Inventory Management Software
See also: Top 10 Inventory Management Software
Zoho Books vs Zoho Inventory in our news:
2021. Zoho Books gets a Free Plan
Zoho has introduced the free plan for Zoho Books, a solution specifically designed to address the accounting requirements of small businesses, startups, and freelancers. The aim of Zoho Books' free plan is to revolutionize the financial workspace for small businesses by offering a modern cloud-based accounting platform that replaces traditional or spreadsheet-based accounting methods. This transition helps eliminate the risk of data loss, reduces manual effort and errors, and provides a more efficient accounting process. By utilizing the free plan, you can embrace a paperless approach, automate various accounting tasks, and access your accounting system from anywhere. The free plan enables you to create, customize, and send up to 1,000 invoices annually. You can conveniently collect payments both online and offline while automating payment reminders. Additionally, the plan allows you to upload expense receipts and effectively monitor expenses by category, helping you stay within your budget. By enabling the client portal feature, your customers gain access to view their outstanding invoices, provide transaction comments, make online payments, and leave reviews.
2018. Zoho Inventory gets new Android app
Zoho has introduced a brand-new Android app for Zoho Inventory, enabling users to manage order and warehouse operations conveniently while on the move. With the mobile app, you can instantly add items to your inventory and access comprehensive information about item groups and composite items. Utilize the mobile camera as a barcode scanner to quickly retrieve item details in your warehouse. The app also facilitates the entire order fulfillment process, from creating sales orders to product shipping, providing a seamless experience. Stay informed about reordering needs through timely notifications. Additionally, the mobile app provides a streamlined overview of shipment status for each order with just a single tap.
2017. Zoho Books gets document hub and receipt auto-scanning
The Zoho Books online accounting app has incorporated valuable features to enhance document management. The Auto-scan functionality within Zoho Books enables you to effortlessly scan your documents and automatically extract relevant details, which can then be converted into expenses, bills, or purchase orders. In case you have already scanned your documents, you can directly upload them, and our software will intelligently extract the essential data for you. With the Documents feature, a unique email address is provided, allowing you to conveniently import files into Zoho Books simply by sending an email. Upon receiving a file, you can organize it into folders or create a transaction, subsequently clearing the inbox. All uploaded documents are instantly stored in a secure centralized hub, providing a unified location for convenient viewing and management.
2015. Zoho launched inventory management service Zoho Inventory
To streamline the order and inventory process, Zoho has introduced its latest app called Zoho Inventory. This comprehensive solution combines a range of powerful features to simplify the entire order management cycle. It seamlessly integrates with popular platforms like Amazon, eBay, Shopify, and Etsy, allowing you to expand your sales opportunities and efficiently manage orders from multiple channels. With integration of over 25 shipping services, you can access real-time shipping rates and stay updated on the latest transit information. The automatic reordering feature sends notifications when stock levels are running low, ensuring you never run out of essential items. As stock moves in and out, Zoho Inventory automatically updates inventory quantities across all your selling channels. Additionally, Zoho Inventory offers a mobile app that enables users to conveniently track orders, inventory, and shipments directly from their mobile devices. Pricing for Zoho Inventory starts at $29 per Organization/Month.
2014. Zoho Books became available on iPad
Zoho has recently unveiled the new Zoho Books iPad app, designed specifically for iPad, iPad Air, and iPad Mini. This native application has been optimized to provide a seamless experience on your tablet, enabling you to manage your business operations from anywhere. The iPad app offers all the key functionalities available in the web version, empowering you to efficiently run your business on the go. Upon launching the app, you will be greeted with an interactive dashboard that delivers crucial insights into your business. Instantly access information regarding your receivables, payables, and cash flow, enabling you to evaluate the performance of your business and identify areas that require attention. Moreover, Zoho Books for iPad offers various features, including business expense management, time tracking, timesheets, estimates, and a range of informative reports.
2014. Zoho Books app for Windows 8.1 released
Zoho has introduced a Windows 8 version of its accounting app designed for growing businesses, known as Zoho Books. This app enables users to send invoices to clients instantly, record payments, track expenses, and categorize them by type. It also helps identify and reduce unnecessary expenditures, providing instant insights into business performance through interactive graphs and charts. With Zoho Books, users can efficiently organize contacts, capturing crucial information like currency, email, phone numbers, and billing addresses in a centralized location. Additionally, the app facilitates the maintenance of a product and price list for streamlined management.
2011. Zoho launched online accounting service Zoho Books
Zoho has recently addressed a notable gap in its suite of online applications for small businesses by introducing the online accounting service Zoho Books. With this addition, Zoho now offers a comprehensive set of tools tailored to meet the needs of small businesses. Zoho Books facilitates the management of financial transactions, bank accounts, invoice creation and delivery, as well as receipt of payments through PayPal or credit cards. It also enables revenue and expense planning. The integration of Zoho Books with Zoho CRM, Email, and spreadsheets enhances its suitability for accountants and other staff members. Existing users of Zoho Invoice will be provided with a straightforward upgrade path to Zoho Books. Unlike other Zoho products, Zoho Books does not offer a free version, instead providing a 30-day trial. This decision is understandable considering that most small companies typically have only one accountant, and offering a free single-user version would not be practical. The service is priced at $24 per month for a single account, with an additional cost of $5 per month for each additional user.
