Software Alternatives, Accelerators & Startups

Open.money VS Remoty

Compare Open.money VS Remoty and see what are their differences

Open.money logo Open.money

Open is a connected banking platform for business payments that simplifies the process of sending, receiving, and reconciling payments for businesses.

Remoty logo Remoty

Streamline HR Operations and Processes for Remote or Hybrid Workforces
  • Open.money Landing page
    Landing page //
    2023-09-18

Founded in 2017, OPEN is a business payments platform that empowers SMEs, startups and freelancers to manage everything from accounts payables, accounts receivables, to auto-reconciliation, accounting, expense management, compliance and payroll in one single platform. Today the platform powers more than 40 lakh SMEs and processes over USD 30 billion in annualized transactions. The platform also adds over 100,000 SMEs every month, making it the fastest-growing platform in this space globally.

In May 2022, OPEN raised its Series D round and became the 100th Unicorn from India. OPEN is backed by leading global investors like IIFL Finance, Temasek, Google, Visa, Tiger Global, Beenext, Recruit Strategic Partners, 3one4 Capital, Speedinvest, Tanglin Venture Partner Advisors, Angellist, Unicorn India Ventures, to name a few and has raised over USD190 million in funding to date.

  • Remoty Landing page
    Landing page //
    2023-10-20

Remoty is a comprehensive platform designed to facilitate remote teams in managing attendance, time tracking, and Paid Time Off (PTO) or leave management. It seamlessly integrates with popular team communication tools such as Slack and Microsoft Teams, providing a streamlined and efficient solution for HR processes.

Open.money

Website
open.money
$ Details
freemium $81.52 / Annually
Platforms
Browser Android iOS
Release Date
2017 May
Startup details
Country
India
State
Karnataka
City
Bengaluru
Founder(s)
Ajeesh Achuthan
Employees
250 - 499

Remoty

Website
remoty.dev
$ Details
freemium $4.0 / Monthly
Platforms
Slack Microsoft Teams Jira Clickup
Release Date
2022 March

Open.money features and specs

No features have been listed yet.

Remoty features and specs

  • Attendance Management: Yes
  • Leave Management : Yes
  • Project Billing : Yes

Open.money videos

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Remoty videos

Overview of Remoty

Category Popularity

0-100% (relative to Open.money and Remoty)
Online Payments
100 100%
0% 0
Time Tracking
0 0%
100% 100
Accounting & Finance
100 100%
0% 0
Slack
0 0%
100% 100

Questions and Answers

As answered by people managing Open.money and Remoty.

What makes your product unique?

Remoty's answer:

Remoty offier seamless integrations with popular team communication tools like Slack and MS Teams, allowing remote and hybrid teams to manage attendance, time tracking, and PTO/leave management all in one place. This minimizes context switching, allowing for greater productivity.

Why should a person choose your product over its competitors?

Remoty's answer:

Our pricing is unbeatable, and we offer exceptional customer support that truly stands out!

How would you describe your primary audience?

Remoty's answer:

HR managers of startups, small, and medium enterprises looking for an efficient and effective solution to automate HR operations so they can focus on something that truly matters.

Who are some of the biggest customers of your product?

Remoty's answer:

When COVID-19 hit, the landscape of work changed dramatically, with remote work becoming the new normal. Many new companies emerged, creating tools to solve the problem of not being in the same office. However, we realized that that the problem was bigger than that. The challenge was two-fold: It wasn't just about not being in the same place; it was also about being in different time zones. We believed that true remote work required the flexibility to work from home according to one's own time zone, making asynchronous communication key.

That's why we created Remoty. In a world where the traditional office environment has evolved, Remoty was born to bridge the gap and provide a solution specifically tailored to the needs of modern teams. Our goal is to empower managers to focus on what truly matters, leaving the tedious tasks to us. By seamlessly integrating with popular communication platforms like Slack and MS Teams, we minimize the need for context switching and enhance productivity, allowing teams to thrive in the digital age.

We began with fundamental products such as attendance management, leave management, and project billing. Today, Remoty continues to evolve and innovate, constantly striving to meet the ever-changing needs of its users and redefine the future of remote work. So, whether you're a small startup or a growing enterprise, Remoty is here to support you on your journey to success.

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Open.money and Remoty

Open.money Reviews

  1. Great app

    Overall, I highly recommend Open to fellow entrepreneurs and business owners. The platform offers a comprehensive set of features that streamlined my financial operations. Open provides tools for tracking expenses, invoicing clients, and managing cash flow. The user-friendly interface makes it easy to navigate and access the necessary information efficiently. The ability to connect multiple bank accounts and view consolidated financial data in one place has saved me a tremendous amount of time and effort. However, I do miss the founder's One Card, which was a valuable addition to the platform. I hope that Open considers relaunching it soon, as it provided convenience and enhanced control over business expenses.

  2. Simplifies transactions and exceptional support

    I have been utilizing Open for my business transactions, and it has been an incredible experience. It seamlessly integrates with my existing systems, making the payment process straightforward. I feel extremely secure using it, and whenever I have had inquiries, their customer support has been exceptionally helpful. Open provides a variety of payment options, which has significantly contributed to the growth of my business. Overall, my experience with Open has been exceptional.

  3. Effortless Financial Tracking with Open's Digital Dashboard

    The open digital dashboard provides the summary of my account balances, payables, and receivables, making it easy to track my finances. Moreover, the beneficiary management feature simplifies handling recipients, ensuring seamless and efficient transactions. I enthusiastically recommend it to anyone seeking to streamline their financial management.

Remoty Reviews

  1. Best Time Tracking App For Slack Users

    Using it with my team. I am having an awesome experience with it. Really love it. Highly RECCOMENDED!!!!!!

    👍 Pros:    Easy to use|Easy user interface|Easy integration|User-friendly|Cost effective

49 Best Timesheet Alternatives - Features, pros & cons, pricing | Remote Tools
Timesheet Alternative #1 Remoty Track your time in no time! About & Top features Remoty offers a lightning quick way to track your time in Slack, courtesy of a few short slash commands. Use it to clock in and out, mark off breaks and let others know when you’re back. Remoty also does daily standup meetings and offers export files for preparing timesheets or billable hours...

Social recommendations and mentions

Based on our record, Open.money seems to be more popular. It has been mentiond 1 time since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Open.money mentions (1)

  • open.money bank reviews
    Has anyone used open.money for banking purpose? Source: about 1 year ago

Remoty mentions (0)

We have not tracked any mentions of Remoty yet. Tracking of Remoty recommendations started around Mar 2021.

What are some alternatives?

When comparing Open.money and Remoty, you can also consider the following products

Razorpay - Payment gateway solution for India with robust, developer friendly API and simple economic pricing.

Standuply - Run daily standup meetings and track your metrics in Slack

Stripe - Online payment processing for internet businesses. Stripe is a suite of payment APIs that powers commerce for online businesses of all sizes. Use Stripe’s payment platform to accept and process payments online for easy-to-use commerce solutions.

StandupScreen for Trello - Turn a magnetic whiteboard into an interactive Trello board

Zoho Books - Smart Accounting for Growing Business

Timizer - Time tracking app for freelancers 🗓🥳