Software Alternatives, Accelerators & Startups

TimeStatement VS Zoho Books

Compare TimeStatement VS Zoho Books and see what are their differences

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TimeStatement logo TimeStatement

A simple time & expense tracking software with powerful invoice & report generation, best Excel alternative / extension, timesheet...

Zoho Books logo Zoho Books

Smart Accounting for Growing Business
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  • TimeStatement Landing page
    Landing page //
    2023-06-27

TimeStatement time management is ideal for SMEs, large companies as well as project workers and freelancers who are looking for an intuitive, platform-independent time recording solution.

There is a free version where 1 user can use up to 2 projects at the same time. Start today at www.timestatement.com

TimeStatement allows users to manage their respective projects and customers conveniently in the cloud, and to easily create customized invoices from the services provided by their employees.

Some features of TimeStatement time tracking:

  • Issue invoices in any language

  • Simple and fast power and working time tracking

  • Professional invoicing from recorded services

  • Project, customer and team management

  • Expense recording

  • Best Excel Alternative / Extension

  • Excel and PDF export for reports from users, projects and customers

  • Reports can be created and sent at any time

  • Interim reports can be sent at any time with a click

  • Supports multilingualism and international currencies

  • Cloud-based and without installation

  • Available anytime and from anywhere via the Internet - platform independent

  • The identification takes place automatically via the IP address

  • As a SaaS solution, updates and backups are performed regularly.

  • On request self-hosted in house solution

TimeStatement ist eine innovative, professionelle Zeiterfassung.

TimeStatement est un système professionnel du suivi du temps.

  • 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.

TimeStatement

$ Details
freemium €9.5 / Monthly (Jährlich | Pro Benutzer, Pro Monat)
Platforms
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TimeStatement features and specs

  • User-Friendly Interface
    TimeStatement offers an intuitive, easy-to-navigate interface, making it simple for users to manage their time-tracking and invoicing needs without requiring advanced technical skills.
  • Comprehensive Features
    The platform provides a wide range of features such as time tracking, expense management, invoice creation, and performance reporting, catering to the needs of freelancers and small businesses.
  • Cloud-Based
    Being a cloud-based solution, TimeStatement allows users to access their data from anywhere at any time, facilitating remote work and collaboration.
  • Multi-Language Support
    The software supports multiple languages, making it accessible to a global user base and aiding in seamless communication with clients from different linguistic backgrounds.
  • Security
    TimeStatement employs robust security measures to ensure that sensitive data such as financial information and personal details are well-protected against unauthorized access.

Possible disadvantages of TimeStatement

  • Cost
    For small businesses or freelancers on a tight budget, the subscription fees might be a bit high, especially when compared to some alternatives that offer similar features at a lower cost or for free.
  • Learning Curve
    While the interface is user-friendly, the plethora of features can be overwhelming for new users, requiring a certain amount of time to learn and effectively utilize the platform.
  • Customization Limitations
    Some users may find that the software lacks advanced customization options for invoices and reports, which can be a limitation for businesses with specific branding or reporting needs.
  • Internet Dependence
    As a cloud-based service, TimeStatement requires a stable internet connection for full functionality, which can be a drawback in areas with unreliable internet access.
  • Customer Support
    While the platform offers customer support, some users have reported that response times can be slow, which might be frustrating when immediate assistance is needed.

Zoho Books features and specs

  • Comprehensive Features
    Zoho Books offers a wide range of accounting features, including invoicing, expense tracking, project management, and tax management, catering to small and medium-sized businesses.
  • Integrations
    Zoho Books integrates seamlessly with other Zoho applications and third-party services, such as payment gateways, making it easier to manage all business processes in one place.
  • User-Friendly Interface
    The platform boasts a clean, intuitive interface that is easy to navigate, reducing the learning curve for new users.
  • Automation
    Zoho Books offers automated workflows and reminders, which help users save time on repetitive tasks and ensure timely updates and follow-ups.
  • Support and Resources
    Zoho Books provides extensive customer support, including chat, email, and phone support, as well as a comprehensive knowledge base and community forums.

Analysis of TimeStatement

Overall verdict

  • TimeStatement is considered a reliable solution for managing time and invoicing needs. Users find it beneficial for enhancing productivity and simplifying administrative tasks. It meets the needs of its target audience effectively, making it a strong contender in the time management tool market.

Why this product is good

  • TimeStatement is a comprehensive time tracking and invoicing tool aimed at freelancers and small businesses. It offers features such as project tracking, multiple currency and language support, and integration with popular accounting software. Users appreciate its user-friendly interface and the ability to generate detailed reports easily.

Recommended for

    Freelancers, small to medium-sized businesses, consultants, and professionals who require a robust time tracking and invoicing solution with a straightforward setup and execution.

Analysis of Zoho Books

Overall verdict

  • Zoho Books is a reputable and efficient cloud-based accounting tool that caters well to small and growing businesses. Its user-friendly interface and extensive features make it a strong contender in the accounting software market.

Why this product is good

  • Zoho Books is considered a good accounting software because it offers a comprehensive set of features including invoicing, expense tracking, project management, and inventory management. It is suitable for small to medium-sized businesses due to its affordability, ease of use, and seamless integration with other Zoho applications. Additionally, it supports multiple currencies and tax compliance, which makes it flexible for businesses operating in diverse regions.

Recommended for

    Zoho Books is recommended for small to medium-sized businesses, startups, and freelancers who need a cost-effective and scalable accounting solution with multi-currency support and integration capabilities.

TimeStatement videos

Create Template - TimeStatement your time tracking solution

More videos:

  • Review - Blog Time Tracking - The Pros and Cons of being a Freelancer - TimeStatement
  • Review - Professional invoicing TimeTracking - TimeStatement

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 TimeStatement and Zoho Books)
Time Tracking
100 100%
0% 0
Accounting
0 0%
100% 100
Project Management
100 100%
0% 0
Bookkeeping
0 0%
100% 100

User comments

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Reviews

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

TimeStatement Reviews

  1. Anna Bernard
    · Employee at Balesio Software AG ·
    Time tracking made easy

    We re using TimeStatement for some time now. It s an easy time tracking and invoicing tool. Setup within minutes it runs virtually on all devices (even offline) and is very user friendly. We re also tracking expenses and billing is done with a few clicks. Handling will be facilitated further by a new partnership with "Run my accounts".

    🏁 Competitors: Harvest

Zoho Books Reviews

Tally vs Busy: Which Accounting Software is Better For Your Business?
For retail businesses, BUSY, Marg ERP, or Zoho Books are good options because they offer inventory, billing, and barcoding features.
The 10 Best Alternatives to GnuCash for Managing Your Finances
Zoho Books is a solid GnuCash alternative if you're looking for cloud-based accounting software with a variety of features. It’s tailored to help startups handle their finances effectively, offering tools for invoicing, inventory management, and project management.
Top 10 QuickBooks Alternatives (Free/Paid)
Exploring the best QuickBooks alternatives can help you find the perfect accounting solution that fits your business needs, budget, and preferences. Whether you’re a freelancer, small business owner, or part of a growing enterprise, there are plenty of options like Xero, FreshBooks, Wave, and Zoho Books that offer powerful features and user-friendly interfaces. From...
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

What are some alternatives?

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

Harvest - Simple time tracking, fast online invoicing, and powerful reporting software. Simplify employee timesheets and billing. Get started for free.

FreshBooks - The ideal accounting software for small business owners.

Worksnaps - Worksnaps is a unique service specifically designed to track time for remote workers, telecommuters and freelancers.

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

Justworks Hours - Justworks Hours (Formerly known as Boomr) is an online time tracking software that allows you to effortlessly track your employee’s time with automation.

Xero - Xero is online accounting for your small business.