The system violates too many fundamental accounting principles. It would be terrifying to rely on this bookkeeping system to support an IRS Audit.So far, it appears that Zoho Books uses what we called in school "that new math." The way the system works, you must avoid having much trust with the balances depicted.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.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. The practice of Journal Entries is cumbersome.
The system does not allow change once implemented, so you must get every one of your beginning balances perfect.The absolute worst aspect is the fact that if you make even the slightest error in data input there is no backing up. There is no integration allowed for paying employee expenses. Zoho Books is only available in Texas and California.Integration Platform as a Service (iPaaS).Professional Employer Organizations (PEO).PLANERGY delivers significant savings by digitizing the Procure-to-AP-Automation process, eliminating maverick purchasing, off-contract purchasing, reducing invoice fraud, and improving compliance and accountability.ĪP-Automation removes up to 80% of the processing time required to enter and 3-way match purchase orders to deliveries to vendor invoices using OCR, Machine Learning and A.I.īook a discovery call today and be amazed at how much your business can save with PLANERGY. PLANERGY automates the entire Procure-to-Pay and AP Automation process giving immediate real-time reporting dashboards, approval automation, removing bottlenecks, controlling budget management and matching Purchase Orders, with Receiving, with AP Automation. It’s easy-to-use, intuitive, user interface allows for onboarding in weeks instead of months. PLANERGY is a global Spend Management platform that enables mid-market businesses in all industries to manage their Business Spend confidently. Founded in 2009, PLANERGY is Headquartered in Boston and Dublin and has offices in the UK, Serbia and Poland, it helps over 1000 businesses worldwide to process in excess of $12 billion in Business Spend.
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