Merrchant vs Zoho Daybook Comparison

86% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Merrchant

Accounting Software

5 4 user ratings

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83% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Zoho Daybook

Accounting Software

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Overview

Description	Merrchant hosts business applications ranging from CRM, POS to Payroll and everything in between. It bundles all the apps customized as per each business’ needs into an affordable pricing plan, saving them money as well as additional bloatware. Merrchant’s suite of applications run on all devices including PCs, Mac, and even smartphones. This is combined with real-time updates for all apps which helps businesses stay up to date on all current data irrespective of the device each one is using. With Merrchant, a business can manage all of its core functions under one roof, making it simpler for the manager, as well as the function heads. Its different plans allow for maximum scalability, covering the needs of fast growing teams and startups. Data stored in every Merrchant application is encrypted using industry-standard TLS ensuring fair usage of personal and financial information. Read more	Zoho Daybook is a comprehensive cash book and cash ledger management app that enables businesses to record their credit and debit transactions accordingly. The app automatically records all the transactions and saves users’ time that they would have spent tallying transactions manually. It provides a unified interface to store all business-related transactions. Thus removing the need of maintaining multiple spreadsheets. Zoho Daybook enables users to download their records in PDF format and share those with individual contacts accordingly. The app sends automated SMS notifications to contacts whenever a transaction gets recorded under their name. Users can also send friendly reminders to their contacts to request timely payments. Zoho Daybook comes with a dashboard where businesses can take a quick look at their transactions. It ensures complete data security and stores all the transactions and related information accordingly. Moreover, automated backup initiated by the app eliminates all potential risks of data loss. Read more
Pricing Options	Free Trial Available Starts at $5.00.	Free Trial Not Available Offers Free-forever plan.
SW Score & Breakdown	86% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more 100% Reviews 67% Momentum 60% Popularity 77%	83% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more 100% Reviews 60% Momentum 60% Popularity 63%
SaaSworthy Awards	Not Available	# 10 Fastest Growing

Features

Total Features	17 Features	18 Features
Common Features for All	Accounts Payable Handling the money owed by a business to its suppliers. Accounts Receivable Handling the money the client owes to the company. Bank Reconciliation Matching the balances of an entity's accounting records with the corresponding information on a bank statement. Billing and Invoicing This feature helps in issuing and handling the invoice and bills. Budget Forecasting Helps to create budgets using past performance and future projections. Forecasting uses data, trends, and analytics to predict revenue, expenses, and cash flow. CPA Firms Offers collaboration with a professional expert for financial and consulting services. Cash Management Collection and management of cash. Collections Recovery of cash from a business or individual. Expense Tracking Keep a count of your day to day expenses as well as allows you to quickly identify where the expense report is in the approval process. Fixed Asset Management Helps in tracking fixed assets for the purposes of financial accounting, preventive maintenance, and theft deterrence. General Ledger Maintaining and recording all the accounting related transactions. Multi-Currency Enables payment and collection in multiple currencies. Payroll Handling the salary payable to the employees Project Accounting Creation of financial reports specifically designed to track the financial progress of projects Purchasing Acquiring goods or services required for the business at minimal cost Revenue Recognition Determining the specific conditions under which revenue is recognized or accounted for Spend Management Managing the expenditure of a business in order to build its product or services Tax Management Management of finances for payment of tax as well as assessing the advance tax liability to pay your tax in time + 14 More - Show Less	Accounts Payable Handling the money owed by a business to its suppliers. Accounts Receivable Handling the money the client owes to the company. Bank Reconciliation Matching the balances of an entity's accounting records with the corresponding information on a bank statement. Billing and Invoicing This feature helps in issuing and handling the invoice and bills. Budget Forecasting Helps to create budgets using past performance and future projections. Forecasting uses data, trends, and analytics to predict revenue, expenses, and cash flow. CPA Firms Offers collaboration with a professional expert for financial and consulting services. Cash Management Collection and management of cash. Collections Recovery of cash from a business or individual. Expense Tracking Keep a count of your day to day expenses as well as allows you to quickly identify where the expense report is in the approval process. Fixed Asset Management Helps in tracking fixed assets for the purposes of financial accounting, preventive maintenance, and theft deterrence. General Ledger Maintaining and recording all the accounting related transactions. Multi-Currency Enables payment and collection in multiple currencies. Payroll Handling the salary payable to the employees Project Accounting Creation of financial reports specifically designed to track the financial progress of projects Purchasing Acquiring goods or services required for the business at minimal cost Revenue Recognition Determining the specific conditions under which revenue is recognized or accounted for Spend Management Managing the expenditure of a business in order to build its product or services Tax Management Management of finances for payment of tax as well as assessing the advance tax liability to pay your tax in time + 15 More - Show Less

Technical Details

Organization Types Supported	Individuals Large Enterprises Medium Business Small Business	Individuals Large Enterprises Medium Business Small Business
Platforms Supported	SaaS/Web/Cloud Mobile - Android Mobile - iOS	SaaS/Web/Cloud Mobile - Android Mobile - iOS
Modes of Support	24/7 (Live rep) Business Hours Online	24/7 (Live rep) Business Hours Online

Reviews & Ratings

User Rating	5/5 4 user ratings	Not Available
Rating Distribution	Excellent 100% Very Good 0% Average 0% Poor 0% Terrible 0%	Not Available
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Pricing

Pricing Options	Free Trial Available Starts at $5.00.	Free Trial Not Available Offers Free-forever plan.
Pricing Plans Monthly Plans Annual Plans	Merrchant $5.00 $5.00 per month	Zoho Daybook Free
	View Detailed Pricing	View Detailed Pricing

Alternatives

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