AccountMate vs. Zoho Books

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
AccountMate
Score 8.0 out of 10
N/A
AccountMate offers accounting software for small, midsize, or growing businesses. AccountMate SQL Software is specifically for businesses with high transaction volumes and heavy user loads. It can accommodate hundreds of simultaneous users, providing businesses with a comprehensive, real-time business and financial management solution. AccountMate Express Software is designed for businesses with up to five concurrent users that desire the stability and speed of a SQL database…N/A
Zoho Books
Score 8.2 out of 10
N/A
Zoho Books is an accounting solution that is designed to help small businesses manage their finances. This solution includes dashboards and a wide variety of reports. Business users can automate tasks and set up custom workflows. The vendor offers a 14 day free trial.
$0
For businesses with turnover <50K USD per annum
Pricing
AccountMateZoho Books
Editions & Modules
No answers on this topic
Free
$0
For businesses with turnover <50K USD per annum
Standard
$15
Per Organization/Month, Billed Annually
Professional
$40
Per Organization/Month, Billed Annually
Premium
$60
Per Organization/Month, Billed Annually
Offerings
Pricing Offerings
AccountMateZoho Books
Free Trial
NoYes
Free/Freemium Version
NoYes
Premium Consulting/Integration Services
NoNo
More Pricing Information
Community Pulse
AccountMateZoho Books
Top Pros
Top Cons
Features
AccountMateZoho Books
Payroll Management
Comparison of Payroll Management features of Product A and Product B
AccountMate
8.8
1 Ratings
Zoho Books
-
Ratings
Pay calculation10.01 Ratings00 Ratings
Direct deposit files9.01 Ratings00 Ratings
Salary revision and increment management8.01 Ratings00 Ratings
Reimbursement management8.01 Ratings00 Ratings
Security
Comparison of Security features of Product A and Product B
AccountMate
9.0
1 Ratings
Zoho Books
9.1
24 Ratings
Single sign-on capability9.01 Ratings9.818 Ratings
Role-based user permissions00 Ratings8.323 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
AccountMate
7.0
1 Ratings
Zoho Books
7.9
23 Ratings
Dashboards6.01 Ratings7.323 Ratings
Standard reports9.01 Ratings7.322 Ratings
Custom reports6.01 Ratings9.01 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
AccountMate
7.6
1 Ratings
Zoho Books
8.2
24 Ratings
Accounts payable8.01 Ratings8.122 Ratings
Accounts receivable9.01 Ratings9.023 Ratings
Cash management7.01 Ratings8.022 Ratings
Bank reconciliation8.01 Ratings5.621 Ratings
Expense management9.01 Ratings7.022 Ratings
Time tracking7.01 Ratings6.014 Ratings
Multi-currency support7.01 Ratings10.013 Ratings
Multi-division support9.01 Ratings00 Ratings
Regulations compliance7.01 Ratings10.012 Ratings
Electronic tax filing8.01 Ratings00 Ratings
Global Financial Support8.01 Ratings00 Ratings
Intercompany Accounting5.01 Ratings00 Ratings
Journals and Reconciliations8.01 Ratings00 Ratings
Enterprise Accounting7.01 Ratings00 Ratings
Configurable Accounting7.01 Ratings00 Ratings
Standardized Processes7.01 Ratings00 Ratings
Self-service portal00 Ratings10.015 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
AccountMate
8.0
1 Ratings
Zoho Books
6.5
12 Ratings
Inventory tracking9.01 Ratings6.112 Ratings
Automatic reordering8.01 Ratings7.07 Ratings
Manufacturing module7.01 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
AccountMate
8.6
1 Ratings
Zoho Books
8.3
21 Ratings
Pricing8.01 Ratings7.018 Ratings
Order entry9.01 Ratings9.017 Ratings
Credit card processing9.01 Ratings9.018 Ratings
Cost of goods sold9.01 Ratings8.217 Ratings
End-to-end order visibility8.01 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
AccountMate
9.0
1 Ratings
Zoho Books
6.0
14 Ratings
Plug-ins9.01 Ratings00 Ratings
API for custom integration00 Ratings6.014 Ratings
User Ratings
AccountMateZoho Books
Likelihood to Recommend
10.0
(1 ratings)
7.3
(25 ratings)
Usability
-
(0 ratings)
6.3
(6 ratings)
Support Rating
-
(0 ratings)
5.1
(6 ratings)
User Testimonials
AccountMateZoho Books
Likelihood to Recommend
AccountMate
AccountMate is a great product for wholesale and distributors. It manages the inventory cycles comprehensively, from purchasing to stocking, to sales and delivery. There are a great many tools available to manage inventory, properties, and financials. The availability to have third-party add-ons offers even greater opportunities to meet the needs of the end-user. The system is not really suited for certain types of service industries: legal, medical, and those businesses that invoice on time.
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Zoho Corporation
If using other cloud applications and you wish to create Zoho Books transactions via APIs, Zoho Books is great. The overall UI and flow of the application are great. If you need a detailed job cost accounting solution and robust reporting there is some room for improvement here.
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Pros
AccountMate
  • Ease of use
  • Ability to easily adapt the solution to fit the needs of the end user
  • Integration of data across different platforms
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Zoho Corporation
  • Zoho Books invoicing and receipting features are second to none. We find it easy to quickly invoice clients and add items to their bills and also for our own receipting internally.
  • The accounting features are great for our accounting team to be able to see where we are financially and how the business is doing.
  • The ability to add contacts and run a mini CRM channel with clients within Zoho is invaluable. Since we use this in conjunction with our other CRM channels, it helps to have a centralized place to follow up and see through a sales funnel.
  • Zoho Books allows us to take payments from clients around the globe a feature we didn't have when we used another accounting system.
  • The pricing for Zoho Books is fairly reasonable for an SME organization which is a great for us as it pays itself back many times over every month.
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Cons
AccountMate
  • Custom reports: The current system uses Crystal Reports, which is a bit cumbersome.
  • True cloud-based solution is missing
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Zoho Corporation
  • Zoho Books is only available in Texas and California. There is no integration allowed for paying employee expenses. The absolute worst aspect is the fact that if you make even the slightest error in data input there is no backing up. You cannot undo an error.
  • The system does not allow change once implemented, so you must get every one of your beginning balances perfect. The practice of Journal Entries is cumbersome. When reconciling, Zoho Books has adopted a number of required steps that significantly overcomplicate reconciliation using practices that are not consistent with general accounting principles in the US.
  • On the customer side, you must look in two places to see the beginning balance and the current receivables that might exist for current invoicing.
  • The way the system works, you must avoid having much trust with the balances depicted. So far, it appears that Zoho Books uses what we called in school "that new math."
  • It would be terrifying to rely on this bookkeeping system to support an IRS Audit. The system violates too many fundamental accounting principles.
  • The software is used by so few people that there is concern that we might never find a skilled bookkeeper.
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Usability
AccountMate
No answers on this topic
Zoho Corporation
Customization is the biggest struggle for us and most of the time we need to involve a tech person. The chat support is a great feature and very helpful. It would be great to be able to customize and create invoices and correspondence (templates) such are reminders in multiple languages within one organization. The currency (USD) would be the same. We have clients in different countries that don't speak English but pay in USD.
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Support Rating
AccountMate
No answers on this topic
Zoho Corporation
The support team feels very disjointed. We have filtered through a number of "lead" contacts and are frequently spammed by other Zoho members. Once getting an appropriate support contact on the phone - the team is very helpful, it just takes a lot of hoop jumping to get there. We actually unsubscribed from their support package as we were not getting the value we were looking for.
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Alternatives Considered
AccountMate
We use AccountMate for a number of reasons, particularly its ease of use and the ability to customize any part of the system (with source code residing on the end-user system--a HUGE advantage).
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Zoho Corporation
We had a lot of problems with Exact Online, support-wise and price-wise. So Zoho Books wins on every point there. While Exact offers way more options, it tends to be really slow... and complex. Again Zoho Books wins. If you want an easy-to-use tool and not pay a lot of money, or if you are a small administration office with a few clients, this tool will be perfect for you.
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Return on Investment
AccountMate
  • Allows us to quickly gain insight into the current and past performance of the company
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Zoho Corporation
  • Integration: Zoho Books offers out of the box integrations to extend the functionality and connect with the applications you love like MailChimp, Microsoft Outlook, PandaDoc, and Quickbooks, etc.
  • Flexibility makes Zoho Books great!
  • Since I can use forecast reports, I can create customizable sales forecast data from the dashboard to accurately measure revenue forecasts and establish sales quotas.
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