Latest news with #ZohoBooks
The Sun
3 days ago
- Business
- The Sun
Zoho Launches Zoho Books Singapore edition
SINGAPORE - Media OutReach Newswire - 6 August 2025 - Zoho Corporation, a global technology company, today launched the Singapore edition of Zoho Books, cloud-based accounting software to help businesses simplify GST and e-invoicing compliance. This launch includes the Singapore edition of other solutions in Zoho's finance and operations suite of applications, offering businesses a better way to manage their financial and operational processes while staying compliant with the country's regulations. 'The launch of the Singapore edition of Zoho Books represents a significant step forward in enabling businesses and accountants to embrace digital transformation in financial compliance. With built-in AI capabilities and automation, Zoho Books simplifies GST calculations, ensures adherence to IRAS regulations, and helps mitigate compliance risks. As part of our 16+ country-specific editions, this launch empowers organisations to improve accuracy, reduce manual effort, and navigate an increasingly complex regulatory environment,' says Gibu Mathew, VP and GM, Zoho APAC According to a recent survey by Zoho, a majority of businesses in Singapore report managing GST compliance efficiently, with 82% finding IRAS guidance easy to follow. However, challenges remain, 32% of businesses still file manually through the IRAS portal, and 71% spend up to five days preparing GST returns. The most common difficulties cited were: staying updated with regulatory changes, accurately calculating input/output tax, and ensuring timely filing. These insights point to a growing need for automation in tax compliance. Zoho Books addresses this by providing real-time updates on GST regulations, automating tax calculations, and generating IRAS-ready F5 returns. By reducing manual processes, the solution helps businesses improve accuracy, save time, and minimise compliance risks. This is particularly relevant in light of recent enforcement trends. In FY23/24, the Inland Revenue Authority of Singapore (IRAS) recovered $162 million, including penalties, through over 2,500 audits across industries. A significant portion of these penalties stemmed from compliance lapses, highlighting the importance of adopting reliable, audit-ready systems like Zoho Books. Zoho Books offers e-invoicing compliance which provides B2B businesses the ability to send invoices electronically directly into their accounting systems according to the PEPPOL standards. Zoho Books will soon offer integration with InvoiceNow to push invoices to the IRAS. With this accounting solution, businesses can also manage their finance end-to-end, perform core accounting functions, track stocks, reconcile bank accounts, and manage projects. The software offers PayNow payment method to streamline payment collections. With AI-driven receipt capture, businesses can automatically record expenses and bills within the application. Zoho Books also comes with other advanced capabilities like audit trail, order management, budgeting and workflow automation. With the application's built-in Zoho Analytics integration, businesses can leverage Zia, Zoho's AI-based analytics assistant to track financial trends with smart visualizations, perform predictive analysis and make data-driven decisions. The Singapore edition of other solutions in Zoho's finance and operations suite offers the following capabilities: --> Zoho Inventory, a comprehensive solution to manage inventory, track stock levels, and generate GST and e-invoicing compliant invoices, ensuring seamless integration with shipping carriers and aggregators like Singapore Post, and Easyship for efficient order fulfilment. The solution offers advanced warehouse management capabilities and provides faster order processing. Businesses can leverage location tracking and labelling, stock counting, stock out alerts, and role-based access to the warehouse operations for better inventory control. --> Zoho Billing is a versatile billing platform, offering one-time billing, subscription management, with GST and e-invoicing compliance, along with AR automation capabilities. The solution offers project billing, Quote-to-Cash (Q2C) and revenue reporting functionalities. Additionally, Zoho Billing offers subscription management capabilities like trial management, prorated billing, usage billing, customer lifecycle management, and retention. --> Zoho Invoice is a free invoicing solution built for small businesses that helps manage receivables. Businesses can send quotes and create customised, GST compliant invoices. --> Zoho Expense, end-to-end travel and expense (T&E) management software, that provides businesses with capabilities to manage all stages of employee travel, and automate expense reporting. With self-booking capabilities, employees can book flights, hotels, taxis, and trains according to company policy, reducing administration. Per diem rates and rules can be auto-imported, compliant with government regulations, automating business travel allowances. --> Zoho Commerce, a complete e-commerce platform that helps businesses create and manage online stores, accept orders, send GST-compliant invoices, process payments, manage shipping and track inventory. With Zoho Commerce, businesses can easily set up an online presence without needing any coding expertise. --> Zoho Practice is built for accounting professionals, helping them deliver client services efficiently. Workpapers simplifies audit and compliance workflows by automatically fetching client financial statements from Zoho Books, enabling easy comparison, adjustments, document management, and collaboration for seamless review and approval. The self-service portal enables accountants to collaborate with clients that use third-party services, facilitating document requests, digital signatures, and communication. Powerful Platform Zoho's finance suite of applications is built on the same platform, enabling instant interoperability and contextual data flow between applications, resulting in improved data accuracy and saved productive hours in manually re-entering data. Bringing 15+ years of experience and innovation, the finance and operations suite provides 16 country-specific editions tailored for local tax and compliance needs, including Singapore, UK, India, and the UAE. The platform offers advanced capabilities, using which businesses can easily customize, scale, and extend the applications according to their requirements. This significantly reduces the need to invest in IT resources and quickly go to market with any change. Pricing and Availability All products are available for immediate use. The pricing of Zoho Books starts at S$18 per month, per organization. The application also offers a free plan.
Malay Mail
3 days ago
- Business
- Malay Mail
Zoho Launches Zoho Books Singapore edition
Helping businesses ensure e-invoicing compliance and improved accuracy in their GST filing Your business at a glance with the Dashboard in the Singapore edition of Zoho Books Zoho Inventory, a comprehensive solution to manage inventory, track stock levels, and generate GST and e-invoicing compliant invoices, ensuring seamless integration with shipping carriers and aggregators like Singapore Post, and Easyship for efficient order fulfilment. The solution offers advanced warehouse management capabilities and provides faster order processing. Businesses can leverage location tracking and labelling, stock counting, stock out alerts, and role-based access to the warehouse operations for better inventory control. Zoho Billing is a versatile billing platform, offering one-time billing, subscription management, with GST and e-invoicing compliance, along with AR automation capabilities. The solution offers project billing, Quote-to-Cash (Q2C) and revenue reporting functionalities. Additionally, Zoho Billing offers subscription management capabilities like trial management, prorated billing, usage billing, customer lifecycle management, and retention. Zoho Invoice is a free invoicing solution built for small businesses that helps manage receivables. Businesses can send quotes and create customised, GST compliant invoices. Zoho Expense, end-to-end travel and expense (T&E) management software, that provides businesses with capabilities to manage all stages of employee travel, and automate expense reporting. With self-booking capabilities, employees can book flights, hotels, taxis, and trains according to company policy, reducing administration. Per diem rates and rules can be auto-imported, compliant with government regulations, automating business travel allowances. Zoho Commerce, a complete e-commerce platform that helps businesses create and manage online stores, accept orders, send GST-compliant invoices, process payments, manage shipping and track inventory. With Zoho Commerce, businesses can easily set up an online presence without needing any coding expertise. Zoho Practice is built for accounting professionals, helping them deliver client services efficiently. Workpapers simplifies audit and compliance workflows by automatically fetching client financial statements from Zoho Books, enabling easy comparison, adjustments, document management, and collaboration for seamless review and approval. The self-service portal enables accountants to collaborate with clients that use third-party services, facilitating document requests, digital signatures, and communication. SINGAPORE - Media OutReach Newswire - 6 August 2025 - Zoho Corporation, a global technology company, today launched the Singapore edition of Zoho Books , cloud-based accounting software to help businesses simplify GST and e-invoicing compliance. This launch includes the Singapore edition of other solutions in Zoho's finance and operations suite of applications, offering businesses a better way to manage their financial and operational processes while staying compliant with the country's regulations."The launch of the Singapore edition of Zoho Books represents a significant step forward in enabling businesses and accountants to embrace digital transformation in financial compliance. With built-in AI capabilities and automation, Zoho Books simplifies GST calculations, ensures adherence to IRAS regulations, and helps mitigate compliance risks. As part of our 16+ country-specific editions, this launch empowers organisations to improve accuracy, reduce manual effort, and navigate an increasingly complex regulatory environment," says Gibu Mathew, VP and GM, Zoho APACAccording to a recent survey by Zoho, a majority of businesses in Singapore report managing GST compliance efficiently, with 82% finding IRAS guidance easy to follow. However, challenges remain, 32% of businesses still file manually through the IRAS portal, and 71% spend up to five days preparing GST returns. The most common difficulties cited were: staying updated with regulatory changes, accurately calculating input/output tax, and ensuring timely insights point to a growing need for automation in tax compliance. Zoho Books addresses this by providing real-time updates on GST regulations, automating tax calculations, and generating IRAS-ready F5 returns. By reducing manual processes, the solution helps businesses improve accuracy, save time, and minimise compliance risks. This is particularly relevant in light of recent enforcement trends. In FY23/24, the Inland Revenue Authority of Singapore (IRAS) recovered $162 million , including penalties, through over 2,500 audits across industries. A significant portion of these penalties stemmed from compliance lapses, highlighting the importance of adopting reliable, audit-ready systems like Zoho Books offers e-invoicing compliance which provides B2B businesses the ability to send invoices electronically directly into their accounting systems according to the PEPPOL standards. Zoho Books will soon offer integration with InvoiceNow to push invoices to the IRAS. With this accounting solution, businesses can also manage their finance end-to-end, perform core accounting functions, track stocks, reconcile bank accounts, and manage projects. The software offers PayNow payment method to streamline payment collections. With AI-driven receipt capture, businesses can automatically record expenses and bills within the application. Zoho Books also comes with other advanced capabilities like audit trail, order management, budgeting and workflow automation. With the application's built-in Zoho Analytics integration, businesses can leverage Zia, Zoho's AI-based analytics assistant to track financial trends with smart visualizations, perform predictive analysis and make data-driven Singapore edition of other solutions in Zoho's finance and operations suite offers the following capabilities:Zoho's finance suite of applications is built on the same platform, enabling instant interoperability and contextual data flow between applications, resulting in improved data accuracy and saved productive hours in manually re-entering data. Bringing 15+ years of experience and innovation, the finance and operations suite provides 16 country-specific editions tailored for local tax and compliance needs, including Singapore, UK, India, and the UAE. The platform offers advanced capabilities, using which businesses can easily customize, scale, and extend the applications according to their requirements. This significantly reduces the need to invest in IT resources and quickly go to market with any products are available for immediate use. The pricing of Zoho Books starts at S$18 per month, per organization. The application also offers a free more details on pricing, please visit the following pages for each product: Zoho Commerce , and Zoho Practice .Hashtag: #zoho #zohobooks #singapore The issuer is solely responsible for the content of this announcement. Zoho Corporation With 55+ apps in nearly every major business category, Zoho Corporation is one of the world's most prolific technology companies. Zoho is privately held and profitable with more than 18,000 employees globally with headquarters in Austin, Texas and international headquarters in Chennai, India. Zoho APAC HQ is located in Singapore. For more information, please visit: Zoho respects user privacy and does not have an ad-revenue model in any part of its business, including its free products. The company owns and operates its data centers, ensuring complete oversight of customer data, privacy, and security. More than 120 million users around the world, across hundreds of thousands of companies, rely on Zoho everyday to run their businesses, including Zoho itself. For more information, please visit:
Yahoo
31-07-2025
- Business
- Yahoo
What a Real Back Office Looks Like for a Two-Truck Operation
Let's clear this up: your back office isn't an office. It's the system you build to make decisions, protect your money, and stay on the road legally. It doesn't need to be big—but it does need to be tight. The three main roles of your back office are: Financial Visibility – So you know what each truck is making (or losing). Compliance Control – So you don't get sidelined by fines or failed audits. Operational Clarity – So you can grow without chaos. If your current setup involves a legal pad, a shoe box of receipts, and a mental note that something's due 'sometime this month,' you're already behind. Your Financial System Is the First Line of Defense Every successful small carrier knows their breakeven rate down to the penny. And that starts with having a real financial system, not guesswork. What You Need: A basic digital accounting platform (QuickBooks Online, Wave, or Zoho Books) Weekly tracking of: Revenue per truck Load-specific expenses Fuel, maintenance, tolls, permits Pay, insurance, factoring fees What to Set Up: Load Profit Tracker (per truck) Monthly P&L snapshot Reconciliation checklist for checking vs. EFS/fuel cards : If you can't answer 'How much profit did I make per truck last month?' in 60 seconds, you need better visibility. Compliance Isn't Optional You don't get a pass on DOT compliance because you're small. The fines hit just as hard. And worse—your insurance rates and CSA score can spiral fast if you're not buttoned up. Minimum Compliance Setup: FMCSA registration log (MC, DOT, UCR, MCS-150) IFTA folder with quarterly checklists Centralized storage for: BOC-3 Proof of Insurance Annual inspections Driver qualification files (even if you're driving yourself) ELD data pulled weekly Use Google Drive or Dropbox to keep everything searchable and backed up. Use calendar alerts for expirations. Miss nothing. Set one recurring calendar block each Friday for a 'compliance sweep' so you never fall behind. Documentation and Admin That Doesn't Suck Up Time Paperwork is the silent killer of growth. The more time you spend chasing down BOLs and resending rate confirmations, the less time you spend doing what pays: running trucks. What to Systematize: BOL Upload Flow: Driver → scanner app → shared folder Rate Confirmation Tracker: Spreadsheet or TMS with rate, broker, and load info Invoice Sent Log: Track invoice date, payment terms, and due date Broker Email Templates: For follow-ups, disputes, and rate confirmations Free tools like Adobe Scan, Gmail templates, and a simple spreadsheet can replace hours of admin time. If you can't afford a TMS, build your own with Airtable or Google Sheets. Every hour saved on admin is one you can spend quoting higher-paying loads or onboarding better brokers. Broker Management Is a Back Office Function Too many small carriers treat broker relationships like one-night stands—book a load, hope it pays, move on. That's not a strategy. What to Track: Payment terms for every broker you work with Payment history (on-time, late, issues) Red flags (chargebacks, changed rate cons, poor communication) Volume history and seasonality Use a tracker (spreadsheet, Airtable, or CRM) to log every interaction. Use DAT or Truckstop's data tools to assess repeat volume before you call. Stop treating every broker the same. If a broker's rate is always low and their payment always late, you're not being flexible—you're being exploited. When to Outsource and What to Let Go If you're spending more than 6 hours a week doing admin tasks, you're ready to start outsourcing. Not everything needs to be done by you—and frankly, some of it shouldn't be. What You Can Offload First: IFTA prep Invoicing and collections Permit renewals and filings Maintenance reminders and DOT inspection scheduling You don't need a full VA—just someone who can log in a few hours a week and keep the wheels turning behind the scenes. The goal is simple—free up your time to work the business, not just in it. Use Load Boards for Freight, Not Back Office Load boards are a tool—not a business model. Use them to fill gaps, spot trends, and test lanes—but don't let them dictate your strategy. Use Load Boards To: See lane trends and compare RPMs Find new brokers (after vetting) Spot outbound strength before you deadhead Don't Use Load Boards To: Rely 100% for freight Skip broker tracking and vetting Assume all brokers are equal If you can't explain your load board strategy without saying 'I just look for what's available,' you don't have a strategy. Final Word Your back office isn't something you 'get to later.' It's the foundation. For a two-truck operation, you don't need expensive systems or a full-time admin. But you do need structure. If you want to grow beyond two trucks—or even keep both trucks profitable long-term—you've got to start treating the business like a business. That means tracking, organizing, and executing with intention. The ones who win in this game don't just out-drive the others. They out-manage them. The post What a Real Back Office Looks Like for a Two-Truck Operation appeared first on FreightWaves. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Wire
19-06-2025
- Business
- The Wire
Xflow announces plans to power Cross-Border Payments for over 30,000 Indian Exporters by year end
Anand Balaji, Co-Founder and CEO, Xflow Bengaluru (Karnataka) [India], June 19: Xflow, India's leading cross-border payments platform, today announced its bold vision to support over 30,000 Indian exporters by the end of 2025. The company is on a mission to simplify global money movement for IT service providers, funded startups, SaaS companies & fintech platforms by offering transparent, fast, and cost-effective alternatives to traditional banking systems. • Enabling Indian service exporters to go global with seamless, affordable, fast and transparent international payments • Xflow currently enables businesses to receive payments in 25 currencies • With savings of up to 50% compared to conventional ways, Xflow has become the trusted partner for thousands of digital-first exporters Xflow currently enables businesses to receive payments in 25 currencies, allowing Indian companies to collect globally like a local. With savings of up to 50% compared to conventional banking channels, Xflow has become the trusted partner for thousands of digital-first exporters. Anand Balaji, Co-Founder and CEO, Xflow shared, 'We're now working towards enabling over 30,000 Indian exporters to manage their global receivables through Xflow by the end of the year. It's a big milestone, and it reflects the trust businesses have placed in us. Our focus remains on building intuitive, compliant, and truly simple cross-border financial infrastructure that helps Indian businesses thrive globally.' Varghese Thomas, Co-Founder and Director, Demand NXTX customer of Xflow shared, 'Xflow has ensured we don't leak money when moving our funds from US to India.' As India's digital services sector continues to grow its global footprint, Xflow is strengthening its commitment to making cross-border payments simple, affordable, and scalable for businesses of all sizes. The team is focused on expanding platform capabilities, forming new partnerships, and ensuring that exporters from emerging startups to established enterprises have access to seamless and secure global payment solutions. Additionally, to streamline global payment workflows for fintech platforms, Xflow has also integrated with leading platforms such as Zoho Books, Drip Capital, Savedesk etc. These integrations allow users on these platforms to seamlessly manage invoicing, accounting, trade financing, and cross-border payments from a single interface. By embedding itself into tools exporters already use daily, Xflow eliminates the friction of fragmented systems - enabling faster reconciliation, greater transparency, and savings up to 30% for these users. About Xflow Xflow - a leading fintech offering cross-border payments for SMEs (ITES & Funded Startups). Designed to eliminate inefficiencies in international transactions, Xflow offers a seamless, transparent, and fully compliant payment experience for businesses of all sizes - from freelancers and startups to large-scale enterprises. The company is currently servicing over 10,000 businesses & has processed hundreds of millions. Founded by Anand Balaji, Ashwin Bhatnagar and Abhijit Chandrasekaran, Xflow simplifies global money movement with innovative solutions that ensure effortless international transactions, efficient currency conversion, instant settlements, and full regulatory compliance. Headquartered in Bangalore, India, Xflow is backed by Lightspeed, General Catalyst, and Stripe, providing a strong financial foundation for long-term innovation. (Disclaimer: The above press release comes to you under an arrangement with PNN and PTI takes no editorial responsibility for the same.). This is an auto-published feed from PTI with no editorial input from The Wire.
Time Business News
31-05-2025
- Business
- Time Business News
Best CRM for Small Business: Best CRM Platforms for Small Business
Customer Relationship Management (CRM) platforms have become essential tools for businesses of all sizes. For best crm for small business can make the difference between growth and stagnation. It streamlines communication, organizes customer data, automates follow-ups, and enhances customer experience. With countless CRM platforms available in the market, choosing the best one can be overwhelming. In this blog, we'll explore the best CRM platforms tailored for small businesses, focusing on usability, affordability, and essential features. Why Small Businesses Need a CRM Small businesses often manage customer relationships manually, using spreadsheets, email folders, or even handwritten notes. This might work for a short time, but as your business grows, you need a system that keeps everything in one place. A CRM centralizes customer data, tracks sales interactions, and improves collaboration between team members. It helps you build stronger relationships with your customers by giving you insights into their behavior, preferences, and past interactions. This allows small businesses to compete effectively, offer personalized service, and scale efficiently. Key Features to Look for in a CRM When selecting a CRM for a small business, there are several core features to consider. These include contact and lead management, email marketing integration, sales pipeline tracking, task automation, and reporting. Ease of use is also crucial—your team should be able to learn and use the system without extensive training. Affordability is another major factor for small businesses. Many CRMs offer free tiers or affordable pricing plans designed for startups and small teams, which is ideal when you're working with a limited budget. HubSpot CRM: Powerful and Free HubSpot CRM is often the first recommendation for small businesses—and for good reason. It offers a robust free plan that includes contact management, deal tracking, email templates, scheduling, and live chat. HubSpot also integrates seamlessly with Gmail, Outlook, and a wide range of third-party tools. What makes HubSpot stand out is its user-friendly interface and scalable ecosystem. As your business grows, you can add more advanced marketing, sales, and customer service tools without switching platforms. It's ideal for startups and small teams looking for a flexible, long-term CRM solution. Zoho CRM: Affordable and Customizable Zoho CRM is another excellent option that balances price with performance. Known for its affordability and wide feature set, Zoho offers workflow automation, sales forecasting, AI-powered insights, and multichannel communication. Its interface is intuitive, and the platform is easily customizable to fit various business needs. Zoho's pricing plans start low, making it accessible even for solo entrepreneurs. Plus, Zoho's suite of business apps (like Zoho Books, Zoho Projects, and Zoho Mail) can be integrated seamlessly, providing an all-in-one solution for small businesses. Salesforce Essentials: Enterprise Power for Small Teams Salesforce is a global CRM leader, but its enterprise offerings can be overwhelming for smaller businesses. That's where Salesforce Essentials comes in—it's a simplified version tailored specifically for small businesses. With Essentials, you get access to powerful CRM features like lead and opportunity management, email integration, mobile access, and automation tools. It's a bit pricier than some other options, but you benefit from the reliability, scalability, and security that Salesforce is known for. If your small business plans to scale quickly and needs a platform that can grow with you, Salesforce Essentials is worth considering. Pipedrive: Sales-Focused Simplicity Pipedrive is a CRM built specifically with salespeople in mind. Its visual sales pipelines are intuitive and easy to manage, allowing teams to focus on closing deals rather than navigating complex systems. Pipedrive includes features like activity reminders, email tracking, customizable pipelines, and detailed sales reporting. Its drag-and-drop interface is particularly user-friendly. While it doesn't offer as many marketing tools as some other CRMs, it excels at helping small sales teams stay organized and productive. It's an ideal CRM for businesses where the sales cycle is the top priority. Insightly: CRM and Project Management in One Insightly combines CRM and project management in a single platform, which is a big plus for service-based small businesses. It provides standard CRM features like contact and lead management, email templates, workflow automation, and integrations with Google and Microsoft apps. What sets Insightly apart is its ability to manage projects linked to customer records. This feature is especially useful for businesses offering services like consulting, event planning, or marketing. Insightly also offers customization options and reporting tools to help small teams optimize operations and customer relationships. Freshsales: AI-Driven Sales Automation Freshsales by Freshworks is an intuitive CRM that leverages AI to boost sales productivity. With features like lead scoring, email tracking, sales sequences, and a built-in phone system, Freshsales simplifies the sales process for small teams. The platform also offers visual pipelines, customizable dashboards, and smart analytics. The AI assistant, Freddy, can help identify the best leads and recommend actions to increase conversions. Freshsales has a generous free plan and affordable paid tiers, making it a strong choice for small businesses looking for a modern, tech-savvy CRM. Choosing the Best CRM for Your Business The best crm platforms for small business depends largely on your business goals, size, and specific needs. If you're just starting out, HubSpot CRM or Zoho CRM are great free or low-cost options. For sales-driven teams, Pipedrive or Freshsales offer excellent pipeline management tools. If your business requires project tracking along with CRM features, Insightly is a solid choice. Meanwhile, Salesforce Essentials provides robust capabilities for growing teams willing to invest in a long-term solution. Ultimately, take advantage of free trials, explore user interfaces, and consider integration needs before making a decision. TIME BUSINESS NEWS
