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Open Money VS Novopay

Let’s have a side-by-side comparison of Open Money vs Novopay to find out which one is better. This software comparison between Open Money and Novopay is based on genuine user reviews. Compare software prices, features, support, ease of use, and user reviews to make the best choice between these, and decide whether Open Money or Novopay fits your business.

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Starting at

₹ 1,500 /Month

Price On Request

  • industries All industries
  • Banking
  • chek Payment Collect and Pay
  • chek Role-based access
  • chek Accounting Automation
  • chek Expense Management
  • chek Reconciliation
  • chek bill Payment
  • chek Audit Trail
  • chek Cash Management
  • chek Payments & Collection
  • chek Commission Management
4(1)
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Likelihood to Recommend

90%

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pros-list-icon Ease of Integration: Connects seamlessly with various bank accounts and accounting software like Tally. Comprehensive Financial Management: Offers features like GST invoicing, payment links, and tracking of payables and receivables. Bank Partnerships: Supported by major Indian banks for direct transactions from the dashboard. Streamlined Processes: Simplifies sending, receiving, and reconciling business payments. Posted - Dec 06, 2023

cons_icon Geographic Limitation: Primarily focused on Indian markets and major Indian banks, which may limit its utility for international users. Customer Support: The experience and responsiveness of customer support might vary, which could be a concern for resolving urgent issues. Posted - Dec 06, 2023

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Deployment

  • Web Based
  • On Premises

Device Supported

  • Desktop
  • Mobile
  • Tablet
  • iPad

Operating System

  • Ubuntu
  • Windows
  • iOS
  • Android
  • Mac OS
  • Windows(Phone)
  • Linux

Deployment

  • Web Based
  • On Premises

Device Supported

  • Desktop
  • Mobile
  • Tablet
  • iPad

Operating System

  • Ubuntu
  • Windows
  • iOS
  • Android
  • Mac OS
  • Windows(Phone)
  • Linux

A Quick Comparison Between Open Money and Novopay

Let’s have a detailed comparison of Open Money vs Novopay to find out which one is better. Let’s discover some of the essential factors that you must consider and decide whether Open Money or Novopay fits your business.

Comparison of Open Money vs Novopay In terms of Features

Open Money includes features like Payment Collect and Pay, Role-based access, Accounting Automation and Expense Management. Novopay is known for functionalities like bill Payment, Audit Trail, Cash Management and Payments & Collection. When you compare Open Money vs Novopay, look for scalability, customization, ease of use, customer support and other key factors. The one which suits your business needs is the best.

Comparison Between Open Money and Novopay In terms of Deployment Type

While Open Money supports Web Based deployment; Novopay is suitable for Web Based deployment. While selecting between Open Money and Novopay, figure out which one of the two is compatible with your devices. This will help in reducing the hassle after implementation.

Open Money or Novopay: Which Is Ideal for Your Industry

Open Money is ideal for industries like All Industries. For Banking, Novopay is a better choice. If you are confused between Open Money or Novopay, you can also check if the software has customizable modules for your industry. Industry-specific functionalities will ensure higher efficiency and ROI. However, do check for the hidden price, is any.

Which Is Better? - Open Money or Novopay

Open Money and Novopay can be used for different purposes and are well-suited for teams with specific needs. If you are looking for a platform that is easy to use, has low barriers to entry, and offers a lot of customization, flexibility, and integration options, then you must compare their specifications in detail at the time of demo. Compare Open Money and Novopay during demo to decide which one is best for your business.

FAQs

While Open Money offers customized features, Novopay has diverse modules. Select between Open Money or Novopay as per your business needs.
Both these products offer similar features but with a different approach. While Open Money emphasizes on user experiences, Novopay focuses on functionalities.
It all depends on the functionalities that you prefer. While Open Money offers add-ons along with essential features, Novopay emphasizes on customization.
No, the difference between Open Money and Novopay lies in terms of features and functionalities. While Open Money can be customized as per the user’s needs, Novopay addresses the diverse audience.
It depends upon your business requirement. Both Open Money and Novopay provides standard features to cater diverse industry needs.
The difference lies in terms of the user interface and functionalities. While Open Money is customizable, Open Money offers comprehensive modules.

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