Search DubaiPRNetwork.com

Dubai and UAE
Home >> Banking & Investments

Zoho to make Zoho Invoice Free of Charge to Empower SMEs to Rebuild and Grow

Zoho to make Zoho Invoice Free of Charge to Empower SMEs to Rebuild and Grow

Monday, July 26, 2021/ Editor -  

Share

Home >> Banking & Investments
The company's decision reinforces its support for the SME community and will allow business owners to simplify billing and payment processes, helping companies receive payments faster.
 
Dubai - July 26, 2021: Zoho Corporation, a global technology company, announced that starting today, its online invoicing solution, Zoho Invoice, will be completely free of cost to further extend the company's support for small and medium-sized enterprises.    
 
In the last four years, Zoho Invoice's revenue growth has rapidly increased, demonstrating the need for a comprehensive invoicing solution to aid businesses from any industry to shift from manual to digital. Due to the pandemic, SMEs have decided to modernize their invoicing processes at an accelerated rate. To continue its support of the SME community, Zoho Invoice offers advanced capabilities such as time tracking, auto recording of expenses, project billing, and 30+ real time reports to help freelancers and small businesses easily navigate the billing and payment collection process, without the concerns of cost. 
 
For small and medium-sized enterprises, billing and payment collection has continued to be a challenge due to administrative costs, limited staff, and insufficient time resources. Additionally, businesses need the ability to access data remotely, which has caused a shift from on-premise solutions to cloud-based solutions. 
 
According to an Analysys Mason study, SME spendi ng on on-premise solutions for invoice management will be stagnant between 2019 and 2025, while spending on cloud-based invoicing solutions will increase from USD 0.9 billion to USD 2.1 billion. Fully cloud-based, Zoho Invoice enables businesses to create and send fully-customized, professional invoices in less than a minute, follow up for payments automatically, and get paid online to achieve efficiency in their invoice process. 
 
Zoho has supported SMEs for over 20 years, and Zoho Invoice has helped businesses with their invoicing needs for 13 of those years. Zoho Invoice's free offering will continue to help businesses streamline their billing and payment collection process through streamlined payment collection, simplified billing, tax handling, and more. Invoice integrates with Zoho applications, and also integrates with third-party applications so that businesses can use the solution to contextually sync their AR information to relevant systems. 
 
'We launched Zoho Invoice in 2008, with the goal of providing a fully customizable invoicing solution for businesses of all sizes. Since then we've grown to millions of users worldwide. Through the migration from paper-based invoicing to digital invoicing we've seen the need for simplified billing to fit the customized needs of the SME community,' said Hyther Nizam, President of MEA, Zoho Corp.
 
'Our roots are centered around helping the SME community which has supported Zoho from the beginning, and we understand the challenges that SME's have had to undergo that were onset from the global pandemic. We hope offering Zoho Invoice for free continues to help businesses rebuild and grow amongst challenging times that they face today and for the future,” he added. 
 
Key benefits of Zoho Invoice include:
Simplified billing: Businesses can create and send fully customized, professional invoices within minutes. Invoices can be sent automatically if they are recurring in nature. 
Tax Handling: Businesses can track the tax levied on every transaction with tax summary reports to assist with tax filing.
Streamlined payment collection: Payments can be collected quickly and securely online through Debit/Credit Cards and PayPal. 
Automated payment reminders: Based on customizable settings, the system will automatically send payment reminders to customers through email. 
Effortless expense tracking: Expenses can be recorded automatically by scanning the bill or receipt using the Zoho Invoice mobile app.
Client portal: Businesses can allow their customers to keep track of all relevant invoices, projects and make payments through the client portal. 
Time tracking: Businesses can manage multiple projects, track time and accurately bill their customers. 
Instant reports: Businesses have access to 30+, real-time reports that provide insights into key financial metrics such as best-selling products, invoice statuses, pending payments, and more.
Mobile apps: Zoho Invoice is available on the web or as a fully functional, downloadable mobile app available for all devices.
Availability
Zoho Invoice is available for free immediately on the web and as a fully functional, downloadable mobile app on all devices. 

Previous in Banking & Investments

Next in Banking & Investments


Home >> Banking & Investments Section

Latest Press Release

Second edition of Saudi Food Show surges in size, expanding global reach and inf ...

RTA completes 45% of First Contract for Phase 4 of Al Shindagha Corridor Improve ...

Dubai Central Laboratory implements AI-based technology to detect ‘Legionella' b ...

Hat trick for Pogačar at the Giro

HE Al Owais: UAE has proven its leadership in promoting nursing profession and e ...

HE Al Olama: Nursing Profession Vital for Health Sector Sustainability, Nurses E ...

Pogačar prevails in Perugia time trial at Giro D'Italia

Whatever the Quest, Renault Koleos Has You Covered

Nissan of Arabian Automobiles Introduces the Adventure-Ready 2024 X-TRAIL N-TREK

Bombay High Court Grands Interim Order Against Defamatory Post Circulating About ...

Wonderful Indonesia Night at Raffles Dubai showcases essence of Indonesia

His Highness Sheikh Hamdan Bin Zayed Issues a Decree On the Air Quality System i ...

The DFSA 2023 Annual Report chronicles a year of growth, innovation, and collabo ...

Wings of Change: Climate-action Partnership announced to research solutions for ...

Carrefour Announces Savings Extravaganza with “Big Brand Festival”

Emirates returns to Edinburgh with a daily A350 service

Al Hudhud Publishing And Distribution And Emirates Literature Foundation Partner ...

Milaidhoo Maldives Claims Prestigious Accolade in Tripadvisor Travellers' Choic ...

HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of flydubai

Etihad Airways reports record profit after tax of AED 526 Million in first Quart ...