Software Alternatives & Reviews

Bankfeed VS Zoho Books

Compare Bankfeed VS Zoho Books and see what are their differences

Bankfeed logo Bankfeed

Is your company receiving a lot of incoming payments? Are you using more than one bank? Bankfeed saves time and prevents errors by automating the import of bank statements to Microsoft Dynamics 365 Business Central and the reconciliation of payments.

Zoho Books logo Zoho Books

Smart Accounting for Growing Business
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  • Bankfeed Landing page
    Landing page //
    2023-06-12

Forget about logging into different banks. Have all your bank statements in Microsoft Dynamics 365 Business Central, and reconcile payments with invoices AUTOMAGICALLY!

If your company meets at least one of these conditions, you will find Bankfeed valuable: • Receives many payments • Uses several bank accounts • Wants to post transactions quickly and error-free • Wants to view payments in real time • Has operations in multiple countries

Bankfeed allows you to automate bank statement import into Microsoft Dynamics 365 Business Central as well as payment recognition and reconciliation with issued invoices.

The solution works with all European banks, including Santander, ING, Barclays, HSBC, Swedbank, Revolut, PayPal, Stripe, Wise, American Express, N26 and others.

Here's what customers have to say: “At least 98% of incoming payments are automatically identified and reconciled with invoices. This makes my daily work much easier.” Jurgita Lapinskiene, USAD

“We have more than 60 bank accounts, so it used to take a lot of time to manually manage all the incoming payments. I am happy that Bankfeed automates that.” Neringa Baronaitiene, Gelvorasergel

“The automatic recognition and reconciliation, as well as the separation of bank charges, saves at least 4 hours per day, i.e., about 10 days per month.” Sigita Geinaite, Trobos

FOR MORE INFORMATION PLEASE VISIT https://bankfeed.com/

  • Zoho Books Landing page
    Landing page //
    2022-03-08

Online accounting software designed for business to manage invoices, bills, banking and inventory. Sign up for free today.

Bankfeed features and specs

  • All European banks: Yes, 2300+ banks
  • Automatic bank statement import: Yes
  • Automatic payment recognition: Yes
  • Automatic payment reconciliation: Yes
  • Automatic invoice reconciliation: Yes

Zoho Books features and specs

No features have been listed yet.

Bankfeed videos

Bankfeed demo

More videos:

  • Tutorial - Bankfeed Assisted Setup for Bank Connection
  • Tutorial - Bankfeed Assisted Setup for General Settings
  • Tutorial - Bankfeed Guided Tour

Zoho Books videos

Zoho Books Overview | US Edition

More videos:

  • Tutorial - Zoho Books Accounting Software Review / Tutorial - Part 1
  • Review - Quickbooks vs Zoho Books
  • Review - Zoho Books Review
  • Review - Zoho Books Review 2021
  • Review - QuickBooks vs Zoho Books: Which Is Better?
  • Review - What is Zoho Books - Zoho Books Review - Zoho Books Pricing Plans Explained
  • Review - Zoho Books Review - 3 Reasons Not To Use Zoho Books - Walktrough, top features, Pros And Cons

Category Popularity

0-100% (relative to Bankfeed and Zoho Books)
Finance
100 100%
0% 0
Accounting
1 1%
99% 99
Accounting & Finance
3 3%
97% 97
Bookkeeping
0 0%
100% 100

Questions and Answers

As answered by people managing Bankfeed and Zoho Books.

Why should a person choose your product over its competitors?

Bankfeed's answer

Bankfeed works with all European banks, including Santander, ING, Barclays, HSBC, Swedbank, Revolut, PayPal, Stripe, Wise, American Express, N26 and others. 2300+ banks in total. The solution also provides automatic payment reconciliation with issued invoices.

Which are the primary technologies used for building your product?

Bankfeed's answer

Bankfeed works as an add-on for Microsoft Dynamics 365 Business Central. For the integration with all European banks, the solution uses open banking (PSD2) technology.

Bankfeed supports the most common bank formats worldwide: CAMT.053 (financial statement import) CAMT.052 (financial statement import)

How would you describe your primary audience?

Bankfeed's answer

If a company meets at least one of these conditions, it will find Bankfeed valuable: - Receives many payments - Uses several bank accounts - Wants to post transactions quickly and error-free - Wants to view payments in real time - Has operations in multiple countries

What makes your product unique?

Bankfeed's answer

Bankfeed allows you to automate bank statement import into Microsoft Dynamics 365 Business Central as well as payment recognition and reconciliation with issued invoices.

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Bankfeed and Zoho Books

Bankfeed Reviews

We have no reviews of Bankfeed yet.
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Zoho Books Reviews

5 Best Alternatives to QuickBooks Accounting Software
Excellent navigation and help: The user interface of Zoho Books is clean, intuitive and attractive, with easy navigation links on the side pane to quickly go to Sales, Purchases, Documents, Reports, Dashboard and Banking. There are also numerous support tools, including forums, FAQs and documentation, as well as different ways to contact experts via phone, email and chat.
The 8 Best QuickBooks Alternatives for Small Businesses
Zoho Books includes a long list of features normally available in much more comprehensive applications. With its easy to use interface and tons of help options, Zoho Books is great for the tech novice who is more comfortable with a spreadsheet application than a software application.
Source: www.fool.com
7 Best QuickBooks Alternatives for Small Businesses
Zoho Books is part of the Zoho One suite of services — which includes over 40 different business apps, including customer relationship management, HR tools and reporting options. Zoho Books’ four plans range in functionality, number of users and workflows that are included. First, Zoho offers a free plan. Then, the Standard plan costs $20 per month, the Professional plan...
Source: www.fundera.com
8 Best QuickBooks Alternatives You Can Use in 2021
Zoho Books is another impressive bookkeeping service. This gives an endless number of features, for instance, inventory management, banking integration, etc. The basic plan comes at $9 per month.
Source: techdator.net
The Top 11 Cloud-Based Accounting Solutions for Small Businesses
It’s ideal for small business owners who are looking for a simple way to manage their finances and prepare for their taxes. You can use Zoho Books to automate workflow tasks across all your departments as well.
Source: navitance.com

What are some alternatives?

When comparing Bankfeed and Zoho Books, you can also consider the following products

Xero - Xero is online accounting for your small business.

FreshBooks - The ideal accounting software for small business owners.

Sage Intacct - Intacct is a cloud-based accounting and financial management system that is designed for the businesses of all levels.

QuickBooks - Business runs better with QuickBooks, the #1 accounting solution for small business.

QuickBooks Online - QuickBooks Online is a Cloud Accounting for small business that can be used on iPad, mobile phone or computer to do invoicing, billing, run reports, or even pay employees online.

Odoo - An all-integrated business app suite to unleash your growth potential.