Role-based user permissions
Permissions to perform actions or access or modify data are assigned to roles, which are then assigned to users, reducing complexity of administration.
Cat avg: 8.8
Top Performing Features
Enterprise Accounting
Create accounting for disconnected ERP and non-accounting source systems
Cat avg: 8.1
Location management
The software can track multiple goods across multiple locations.
Cat avg: 8
Single sign-on capability
The software system supports a centralized authentication mechanism allowing the user to access multiple systems with a single, centrally managed password.
Cat avg: 8.8
Worst Performing Features
Accounts payable
This includes the automation and tracking of payment to vendors and suppliers, with features such as payment scheduling, check printing, open purchase order alerts, document management, direct ACH bill payment, and vendor records.
Cat avg: 8.7
Cash management
The software provides a complete picture of a company’s cash flows, streamlines payment processing, and includes cash forecasting.
Cat avg: 8.4
Fixed asset management
This includes the ability to track fixed assets (e.g., laptops), including location, check-in and check-out, maintenance scheduling, audit history, specialized property tax period reports, cost and depreciation.
Cat avg: 8.1
Zoho Finance Plus Features from Reviews
Security
This component helps a company minimize the security risks by controlling access to the software and its data, and encouraging best practices among users.
8.5-3%
Single sign-on capability
The software system supports a centralized authentication mechanism allowing the user to access multiple systems with a single, centrally managed password.
Category average: 8.8
Role-based user permissions
Permissions to perform actions or access or modify data are assigned to roles, which are then assigned to users, reducing complexity of administration.
Category average: 8.8
General Ledger and Configurable Accounting
Financial management solution, including capabilities for general ledger and configurable accounting
7.4-9%
Accounts payable
This includes the automation and tracking of payment to vendors and suppliers, with features such as payment scheduling, check printing, open purchase order alerts, document management, direct ACH bill payment, and vendor records.
Category average: 8.7
Accounts receivable
This includes the management and automation of invoices and collections, with features like statements, invoices, receipts, payment reminders, customer records, auto billing, and refund checks.
Category average: 8.7
Cash management
The software provides a complete picture of a company’s cash flows, streamlines payment processing, and includes cash forecasting.
Category average: 8.4
Bank reconciliation
The software connects to a company’s financial institutions in order to reconcile accounting records with checking, savings and credit card accounts. Often month and year closing capabilities are included.
Category average: 8.5
Expense management
The software can log and track business expenses and reimbursements, including travel-related expenses, with the ability to tie them to particular projects.
Category average: 8.5
Time tracking
The software can track billable and non-billable employee time by project.
Category average: 7.9
Fixed asset management
This includes the ability to track fixed assets (e.g., laptops), including location, check-in and check-out, maintenance scheduling, audit history, specialized property tax period reports, cost and depreciation.
Category average: 8.1
Multi-currency support
The software supports transactions across multiple currencies.
Category average: 8.3
Multi-division support
The software is flexible and supports bookkeeping practices along multiple dimensions such as locations, branches or products.
Category average: 8.6
Regulations compliance
The software helps users adhere to typical accounting standards and regulations such as IFRS, GASB, or GAAP.
Category average: 8
Electronic tax filing
The software provides a full electronic interface for the filing of repeatable taxes, such as payroll or sales tax.
Category average: 8.5
Self-service portal
The software provides online portals for certain stakeholders to find information relevant to them, such as employees, vendors and customers.
Category average: 8
Global Financial Support
Account using multiple ledgers, multiple currencies, and multiple entities
Category average: 7.8
Primary and Secondary Ledgers
Record and report across multiple currencies and accounting standards with primary and secondary ledgers
Category average: 8.9
Intercompany Accounting
Automatically balance and reconcile GL for intercompany transactions
Category average: 8.4
Localizations
Meet reporting requirements with country-specific localizations
Category average: 7.9
Journals and Reconciliations
Automate and synchronize ledgers and processes
Category average: 8.9
Enterprise Accounting
Create accounting for disconnected ERP and non-accounting source systems
Category average: 8.1
Configurable Accounting
Configure accounting rules and segments for each chart of accounts
Category average: 8
Centralized Rules Framework
Integrate disparate ERP and transactional systems into single ERP instance
Category average: 8
Standardized Processes
Centralize financial management to facilitate standardized financial processes
Category average: 8.2
Inventory Management
The ability to track and manage the flow of goods or materials into and out of an inventory.
8+14%
Inventory tracking
The software syncs orders and stock to maintain a real-time picture of inventory and supports multiple methods such as LIFO and FIFO.
Category average: 7.7
Automatic reordering
The software can be set up to automatically reorder a good when it falls below a certain threshold.
Category average: 6.7
Location management
The software can track multiple goods across multiple locations.
Category average: 8
Manufacturing module
The software helps track and manage raw materials, work-in-progress items, and finished goods.
Category average: 6.5