What users are saying about
35 Ratings
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Score 8 out of 100
121 Ratings
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Score 8.2 out of 100

Feature Set Ratings

  • Zoho Books ranks higher in 4 feature sets: Security, Reporting & Analytics, General Ledger and Configurable Accounting, Customization

Security

4.3

Dext Prepare (with Receipt Bank)

43%
9.0

Zoho Books

90%
Zoho Books ranks higher in 2/2 features

Single sign-on capability

2.8
28%
2 Ratings
9.7
97%
18 Ratings

Role-based user permissions

5.7
57%
4 Ratings
8.3
83%
23 Ratings

Reporting & Analytics

5.9

Dext Prepare (with Receipt Bank)

59%
7.9

Zoho Books

79%
Zoho Books ranks higher in 3/3 features

Dashboards

5.5
55%
5 Ratings
7.4
74%
23 Ratings

Standard reports

6.3
63%
4 Ratings
7.4
74%
22 Ratings

Custom reports

N/A
0 Ratings
9.0
90%
1 Rating

General Ledger and Configurable Accounting

4.6

Dext Prepare (with Receipt Bank)

46%
8.2

Zoho Books

82%
Zoho Books ranks higher in 9/13 features

Accounts receivable

6.3
63%
4 Ratings
9.0
90%
23 Ratings

Bank reconciliation

4.8
48%
3 Ratings
5.8
58%
21 Ratings

Expense management

6.7
67%
5 Ratings
7.0
70%
22 Ratings

Multi-currency support

4.8
48%
3 Ratings
10.0
100%
13 Ratings

Multi-division support

2.8
28%
2 Ratings
N/A
0 Ratings

Regulations compliance

5.1
51%
3 Ratings
9.9
99%
12 Ratings

Self-service portal

4.7
47%
3 Ratings
10.0
100%
15 Ratings

Global Financial Support

2.8
28%
2 Ratings
N/A
0 Ratings

Intercompany Accounting

5.1
51%
3 Ratings
N/A
0 Ratings

Localizations

2.8
28%
2 Ratings
N/A
0 Ratings

Accounts payable

N/A
0 Ratings
8.2
82%
22 Ratings

Cash management

N/A
0 Ratings
8.0
80%
22 Ratings

Time tracking

N/A
0 Ratings
6.0
60%
14 Ratings

Customization

4.0

Dext Prepare (with Receipt Bank)

40%
6.0

Zoho Books

60%
Dext Prepare (with Receipt Bank) ranks higher in 1/2 features

Plug-ins

4.0
40%
3 Ratings
N/A
0 Ratings

API for custom integration

N/A
0 Ratings
6.0
60%
14 Ratings

Inventory Management

Dext Prepare (with Receipt Bank)

Feature Set Not Supported
N/A
6.6

Zoho Books

66%
Zoho Books ranks higher in 2/2 features

Inventory tracking

N/A
0 Ratings
6.1
61%
12 Ratings

Automatic reordering

N/A
0 Ratings
7.1
71%
7 Ratings

Order Management

Dext Prepare (with Receipt Bank)

Feature Set Not Supported
N/A
8.3

Zoho Books

83%
Zoho Books ranks higher in 4/4 features

Pricing

N/A
0 Ratings
7.0
70%
18 Ratings

Order entry

N/A
0 Ratings
9.0
90%
17 Ratings

Credit card processing

N/A
0 Ratings
9.0
90%
18 Ratings

Cost of goods sold

N/A
0 Ratings
8.3
83%
17 Ratings

Attribute Ratings

  • Dext Prepare (with Receipt Bank) is rated higher in 1 area: Usability
  • Zoho Books is rated higher in 2 areas: Likelihood to Recommend, Support Rating

Likelihood to Recommend

7.0

Dext Prepare (with Receipt Bank)

70%
10 Ratings
7.4

Zoho Books

74%
25 Ratings

Likelihood to Renew

8.2

Dext Prepare (with Receipt Bank)

82%
1 Rating

Zoho Books

N/A
0 Ratings

Usability

6.5

Dext Prepare (with Receipt Bank)

65%
6 Ratings
6.4

Zoho Books

64%
6 Ratings

Support Rating

5.1

Dext Prepare (with Receipt Bank)

51%
8 Ratings
5.2

Zoho Books

52%
6 Ratings

Likelihood to Recommend

Receipt Bank

It is great for accounting firms. Easy to add and administer client accounts. Easy to integrate with QuickBooks Online. Easy for clients to capture and submit receipts on the go. It is hard to use for manual data entry, and if your clients frequently have very long receipts the Dext Mobile app does not work well as it compresses the image to the point where it is completely illegible. It does not seem to be designed for business owners to use directly rather than using it through their accounting firm.
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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

Receipt Bank

  • Receipt Bank does a stellar job of extracting information from photos of receipts and bills. I'd say 95% of the time the information pulled is correct, so very rarely do I have to correct an amount or date.
  • One feature I really enjoy is not only the syncing with Quickbooks Online, but the fact that it also pushes the image to Quickbooks Online as an attachment! This means that for every expense/bill processed through Receipt Bank, an image of it is available inside of the transaction inside of Quickbooks Online. This makes researching a breeze.
  • Receipt Bank makes it very simple for users to add documents to the platform. Each company receives a dedicated Receipt Bank email address, which they can email to and upload documents, or users can use the phone apps (which are really easy to use), or they can upload documents from their computer. Training our clients to use it really can't be any easier!
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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

Receipt Bank

  • Receipt Bank Practice Platform has many great features. As they develop the platform I would like to see a rigorous review of all features so as not to add too many and overwhelm my team.
  • Having the flexibility to pick and choose from a suite of features and implement the ones that best suit my practice. A tailor made Receipt Bank Practice Platform. this would allow my practice to grow into the features rather than be overwhelmed by too many.
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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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Pricing Details

Dext Prepare (with Receipt Bank)

Starting Price

Editions & Modules

Dext Prepare (with Receipt Bank) editions and modules pricing
EditionModules

Footnotes

    Offerings

    Free Trial
    Free/Freemium Version
    Premium Consulting/Integration Services

    Entry-level set up fee?

    No setup fee

    Additional Details

    Zoho Books

    Starting Price

    $0 For businesses with turnover <50K USD per annum

    Editions & Modules

    Zoho Books editions and modules pricing
    EditionModules
    Standard$151
    Professional$402
    Premium$603
    Free$04

    Footnotes

    1. Per Organization/Month, Billed Annually
    2. Per Organization/Month, Billed Annually
    3. Per Organization/Month, Billed Annually
    4. For businesses with turnover <50K USD per annum

    Offerings

    Free Trial
    Free/Freemium Version
    Premium Consulting/Integration Services

    Entry-level set up fee?

    Optional $15

    Additional Details

    Zoho Books is available for both monthly and yearly plans. Users who sign up for the annual plan get a discount.

    Likelihood to Renew

    Receipt Bank

    Dext is the best way for us to manage our business expenses. Physical and PDF receipts/invoices will be around for a while, but the move to eInvoicing is very good and we look forward to Dext adding this feature
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    Zoho Corporation

    No answers on this topic

    Usability

    Receipt Bank

    Dext Prepare's usability is great, it has lots of functions and you can scan any type of document, including hard copy handwritten documents. It is not very accurate but it is handwritten!! Apart from it, you can use multiple functions like one page at a time, multiple, in bulk. You can send emails with multiple attachments and one of the greatest function is the mobile application capabilities.
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    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

    Receipt Bank

    Never used the support function. I guess that means it’s easy to use and works well because I never had an issue in 3 years. Not sure if the support team is helpful.
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    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

    Receipt Bank

    Receipt Bank is superior to Wave in terms of its accuracy of reporting and allocating expenses. Even though there is a fee for Receipt Bank and Wave is free, the monthly fee for Receipt Bank is well worth the money, given the benefits
    Read full review

    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.
    Read full review

    Return on Investment

    Receipt Bank

    • Helps to keep data consistent and accurate
    • Saves time in processing invoices and receipts
    • Saves time in reconciliation in our accounting package
    Read full review

    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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    Screenshots

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