Accountmate vs ZarMoney

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Our analysts compared Accountmate vs ZarMoney based on data from our 400+ point analysis of Accounting Software, user reviews and our own crowdsourced data from our free software selection platform.

Accountmate Software Tool

Product Basics

AccountMate, owned by the AccountMate Software Corporation, helps medium and small-scale businesses by providing them with flexible and robust business accounting management. It can be locally installed or used as a SaaS.

It handles modular, financial, ERP and business management functions to help SMEs grow their traditional accounting methods.
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ZarMoney is an all-in-one cloud accounting solution that helps businesses of all sizes with invoice management, billing, inventory accessibility and online payments. It makes data secure and ensure compliance by giving administrators the power to grant location- and access-based control. Ensure item organization and stock level management with custom fields and product lines. It empowers businesses by streamlining sales operations, processing payments and sending automated notifications with the order status. Supervisors can keep a tab on the warehouses across different locations, manage sales and purchase history and track inventory.

Pros
  • Simple Interface
  • Mobile App Access
  • Affordable Plans
  • Expense Tracking
  • Basic Invoicing
Cons
  • Limited Features
  • No Inventory Management
  • Basic Reporting
  • No Multi-Currency
  • Limited Integrations
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$100/User, Monthly
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Tailored to your specific needs
$15 Monthly
Get a free price quote
Tailored to your specific needs
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Mobile

Product Assistance

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Knowledge Base
24/7 Live Support
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Product Insights

  • Save Time: It helps confirm or eliminate software frontrunners to save time and energy, which can be invested in the business’s core objectives.  
  • Quick Research: Reduce research turnaround. Ensures no time is wasted researching modules’ features 
  • Supports New Features: Leverage support for new software features, functions and capabilities that you might not have known before.  
  • Flexible: Its flexible and scalable accounting and business management software evolves as the business expands to fit growing needs.  
  • Adaptable: Customizable source code lets it adapt to changing requirements and evolve as the business moves forward.  
  • Multi-Currency Capability: A built-in translation engine for multilingual businesses lets them conduct business on a global scale and handle numerous foreign currencies.  
  • Simplifies Payment Processing: Businesses can issue checks and post-credit card statements immediately after the invoice is generated to save time. Authorize pre-payments and payments for multiple vendors simultaneously. 
  • Free Trial: A free trial is provided for users to test before purchasing the system in full. Users can fill out a form on their website to access their complete demo 
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  • Simplified Workflow: Streamline everyday tasks like invoicing, expense tracking, and bank reconciliation with an intuitive interface and automated processes, freeing up valuable time for business growth.
  • Financial Clarity: Gain real-time insights into your financial health with comprehensive reports and dashboards that track income, expenses, and profitability, allowing you to make informed decisions with confidence.
  • Enhanced Efficiency: Eliminate manual data entry and tedious tasks with features like automatic invoice reminders, purchase order integration, and seamless payroll processing, boosting productivity and minimizing errors.
  • Cost-Effective Management: Control your financial resources effectively with flexible pricing plans tailored to your business needs, helping you optimize spending and maximize your return on investment.
  • Mobile Accessibility: Manage your finances on the go with a user-friendly mobile app, allowing you to review reports, approve invoices, and track expenses from anywhere, anytime.
  • Improved Client Relationships: Send professional invoices, track payments, and offer flexible payment options, fostering stronger relationships and encouraging timely payments from your clients.
  • Data Security & Peace of Mind: Rest assured knowing your financial data is secure with bank-level encryption and robust data backup systems, providing peace of mind and ensuring compliance with industry regulations.
  • Scalability & Growth: As your business expands, ZarMoney scales with you, accommodating your growing needs with additional features and functionalities to support your long-term success.
  • Expert Support: Get the help you need with dedicated customer support, readily available to answer your questions and provide guidance, ensuring a smooth and successful accounting experience.
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  • Modifiable Source Code: Unlike other accounting solutions that require you to change the core business processes in order to use the software, the system offers customizable mechanics with modifiable source code. It can conform to unique business process requirements as and when needed. 
  • Real-Time Information: Provides real-time business information solutions to help users understand the competition and make well-informed decisions to boost the bottom line. Its bank reconciliation module gives detailed information about the real-time cash position of the business.  
  • Data Integrity: Built-in safeguards ensure data protection using encryption technology. 
  • On-Premise or Cloud-Based: Accessible via the cloud or on remote servers. Choose between on-premise or cloud-based deployment strategies with secure data practices to fit the needs of the business. 
  • Multiple Versions: Optimized for medium and small-scale businesses and available with enterprise, express, cloud, LAN and SQL versions.  
  • AccountMate Enterprise: It provides real-time, customizable financial and business management solutions to ensure the accommodation of multiple concurrent users.  
  • AccountMate SQL: Designed for businesses that want the stability of SQL but do not have the expenditure bandwidth to afford it. It comes with modifiable source code and can be customized to fit different business processes and needs. 
  • AccountMate LAN: This fully customizable module provides businesses with data management and administrative features that evolve as the business grows.  
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  • Invoicing: Create and send invoices in minutes. Give customers the freedom to pay directly from the invoice with the Pay Now option. Auto-populate fields from a customer’s database. 
  • Reporting and Integration: Get instant access to over 1,000 customizable reports and 40+ built-in reports for different business functionalities=. Use insights from regular reporting to control the business. Integrate with leading market applications like Shopify, Zapier, Gusto and MailChimp. 
  • Account Payable: Manage cash flow with Payable Calendar. Keep a tab on the bill status and create payments against the balances. Pay more than one vendor in one go. Upload, attach and send receipts and invoices individually or in batches. 
  • User Access: Limit who can access the data with an advanced role-based entry system. Periodically monitor access, minimize risk and reduce cost by enforcing company policies. Ensure compliance with the latest standards. 
  • Account Reconciliation: Know the real-time status of the bank account. Identify the cause of differences between cash book and passbook. Check for errors and frauds and keep all the information regarding payments and collections up to date.  
  • Inventory: Minimize overstock and out of stock. Provide support for multiple locations and warehouses. Connect incoming inventory to existing POs. Provide support for split PO payments and enable predictive analysis. 
  • Online Payment: Secure and optimized deposits to send money faster. Allow customers to pay invoices with one click and send invoices with a Pay Now button. Ensure instant posting of transactions to the history of the customer and ERP.  
  • Quotes: Convert quotes into invoices with one click. Create, print and email personalized quotes. Automatically fill the details from the customer’s database. 
  • Purchase Order: Ensure end-to-end management of the purchasing process. Know where the money is going and reduce cost by optimizing vendor pricing. Gain complete transparency by enabling an audit trail. 
  • Sales Order: Streamline the sales process and gain complete visibility into the latest customer order status. Track and manage backorders and activate partial payment of invoices. Enforce the provision to accept prepayments and deposits.  
  • Sales Tax: Specify tax zones according to store locations or customers. Add multiple tax zones. Automatically file and calculate taxes. Override invoice data when required.  
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Product Ranking

#26

among all
Accounting Software

#538

among all
Accounting Software

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Analyst Rating Summary

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Analyst Ratings for Functional Requirements Customize This Data Customize This Data

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Accounts Payable Accounts Receivable Banking And Cash Management Budget And Expense Management Financial Statements And Revenue Management General Ledger And Chart Of Accounts Integration And Extensibility Inventory Management Journal Entries Mobile Support Multi-company Accounting And Asset Management Platform Capabilities Project Accounting Reporting And Analytics Tax Management 0 82 98 34 74 75 0 98 93 0 14 0 77 0 65 0 25 50 75 100
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User Sentiment Summary

Great User Sentiment 27 reviews
Excellent User Sentiment 143 reviews
89%
of users recommend this product

Accountmate has a 'great' User Satisfaction Rating of 89% when considering 27 user reviews from 3 recognized software review sites.

94%
of users recommend this product

ZarMoney has a 'excellent' User Satisfaction Rating of 94% when considering 143 user reviews from 3 recognized software review sites.

5.0 (2)
4.8 (21)
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4.72 (64)
4.3 (22)
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Awards

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ZarMoney stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award

Synopsis of User Ratings and Reviews

User-friendly interface: Accountmate's intuitive design and customizable dashboards make it easy for users of all levels to navigate and manage their accounting tasks efficiently.
Robust reporting capabilities: The software offers a wide range of customizable reports, including financial statements, cash flow statements, and balance sheets, providing users with deep insights into their financial performance.
Integration with third-party applications: Accountmate seamlessly integrates with popular business applications such as Microsoft Office, QuickBooks, and Salesforce, streamlining workflows and eliminating data entry redundancies.
Excellent customer support: Accountmate provides comprehensive technical support through phone, email, and online resources, ensuring users have prompt assistance when needed.
Scalability and flexibility: Accountmate can be tailored to meet the specific needs of businesses of all sizes, from small startups to large enterprises, offering customizable modules and features.
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Intuitive Interface: Users consistently praise ZarMoney's user-friendly design, making it easy to navigate and manage finances even without extensive accounting experience.
Comprehensive Features: ZarMoney offers a robust set of features covering invoicing, expense tracking, bank reconciliation, reporting, and more, addressing a wide range of accounting needs.
Customizable Dashboard: Users appreciate the ability to personalize their dashboard with shortcuts and widgets for quick access to key metrics and frequently used features, streamlining workflows.
Mobile App: The ZarMoney mobile app enables users to manage finances on the go, ensuring flexibility and access to essential information anytime, anywhere.
Responsive Customer Support: Users commend ZarMoney's prompt and helpful customer support team, providing timely assistance and resolving issues efficiently.
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Outdated Interface: Users complain about the outdated and cluttered user interface that makes navigation and data entry cumbersome.
Limited Customization: Accountmate offers limited customization options, making it difficult for users to tailor the software to their specific business needs.
Integration Issues: Users report frequent integration issues with other software, leading to data loss and workflow disruptions.
Lack of Mobile Support: Accountmate's lack of a mobile app or responsive web interface limits accessibility and convenience for users who need to access data on the go.
Poor Customer Support: Users express dissatisfaction with the quality and responsiveness of Accountmate's customer support, leading to unresolved issues and delays.
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Limited Scalability: Some users with complex accounting needs or high transaction volumes report that ZarMoney's features can become limiting, requiring an upgrade to more robust accounting software.
Integration Issues: Occasional difficulties integrating ZarMoney with third-party applications like payroll software or CRMs are mentioned by some users, requiring additional setup or workarounds.
Limited Reporting Customization: While offering report customization options, some users feel the level of detail and flexibility falls short compared to more advanced accounting software.
Pricing Concerns: Some users, particularly freelancers or solopreneurs, find the subscription pricing model less cost-effective compared to one-time purchase alternatives, especially for basic accounting needs.
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Accountmate's customizable dashboards, user-friendly interface, and extensive reporting capabilities have earned praise from users. Its inventory management features, such as real-time stock tracking and multi-location support, are particularly well-regarded. However, some users have reported occasional performance issues and a lack of certain advanced features found in competing products. Compared to QuickBooks, Accountmate offers a more robust feature set and greater flexibility, making it better suited for larger businesses with complex accounting needs. Its multi-company and multi-currency capabilities give it an edge over Sage 50cloud, which is more suitable for small businesses. Accountmate's strong reporting and customization options set it apart from NetSuite, which excels in cloud-based scalability and integration. Accountmate is an ideal choice for businesses seeking a comprehensive accounting solution with customizable dashboards, advanced inventory management, and extensive reporting capabilities. Its user-friendly interface and flexible configuration options make it accessible to both small and large businesses.

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ZarMoney users praise its user-friendly interface and comprehensive feature set, making it ideal for small businesses and individuals with basic to moderate accounting needs. They particularly appreciate the customizable dashboard, mobile app, and responsive customer support, simplifying financial management on the go and ensuring prompt assistance when needed. Compared to competitors like QuickBooks, users find ZarMoney more intuitive and budget-friendly, especially for its core functionalities. However, some limitations emerge for complex accounting or high-volume businesses. ZarMoney's scalability can feel restrictive, prompting users to graduate to more powerful software. Integration with specific third-party tools can also be challenging, requiring extra effort to set up. While offering report customization, the level of detail might not suffice for users seeking advanced financial analysis. Overall, ZarMoney shines for its ease of use, affordability, and essential features. Users looking for a simple yet powerful accounting solution for their growing business will find ZarMoney a strong contender. But for intricate financial structures or extensive customization needs, exploring alternatives might be necessary.

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ZarMoney

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