Open Money Software Pricing, Features & Reviews

What is Open Accounting Software?

Open accounting solution helps businesses manage all their accounting processes, right from bookkeeping and invoicing to payment reconciliation, all from a single platform. This automated accounting solution is integrated with Open business account that is built specially to suit the specific needs of small businesses.

With this accounting software, businesses can register, collect and make payments via multiple payments options, view account statements and get complete visibility of multiple business accounts from a single platform. Moreover, every single transaction made on this platform will automatically be recorded in the on the dashboard which helps businesses save ample time on reconciliation.

Why Use Open Accounting Software?

From basic invoicing and billing to automated accounting, Open Accounting Software is an essential tool that covers a business’ financial needs on one platform.

Accounts paybale and receivable: Stay on top of your accounts payable and receivable at all times with Open automated accounting.

Categorize and reconcile business transactions in a click
Easily manage payables and initiate payouts

Bookkeeping reports: Enjoy bookkeeping that comes integrated with banking

Oversee business finances with profit & loss and cashflow reports

Instant invoicing: Collect customer payments trouble-free.

Create GST-compliant invoices with in-built payment links in no time
Collect customer payments instantly via multiple payment modes
Track transaction status for all the invoices from one place

Benefits of Using Open Accounting Software

Automates repetitive tasks in accounting like data entry, bookkeeping reports, etc. and helps focusing more time on business growth.
Saves time by eliminating manual data entry for every single accounting transaction.
Simplifies the entire accounting process with powerful bookkeeping reports and easy payment reconciliation.
Improves accuracy and speed of accounting records and cashflow management.
Enables efficient and simpler tax filing process for businesses.

Pricing of Open Accounting Software

Open Accounting price details are available on request at techjockey.com. Please request a call back for subscription-related details and to avail offers on premium packages.

Open Money Pricing & Plans

Monthly transaction(0-10 Lakhs)-Starter

Connect Bank Account-Multiple Accounts
Create Bills & Invoices-Unlimited
Payroll Software
Payment Gateway & Payment Links
Android/IOS App
GST Billing & E-Invoicing
Integration
GST & TDS
Expense And Spend Management

- Licenses
- Monthly

Starting at ₹ 1500

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Open Money Features

Reconciliation

Reconcile payments automatically to cut down on manual mistakes.

Dashboards

Manage all the finance-related needs conveniently on a unified dashboard.

Sales

Manage account receivables and payables for every sale with Open money.

Banking

A banking platform that letsbusiness owners collect payments and make seamless payouts.

Payroll

With Open Money, get the benefit of an integrated payroll method that goes beyond regular salary payments.

Collect Payments

Easily accept payments with different modes of money transfer including IMPS, NEFT, RTGS and UPI.

Role-Based Access Control

Access to users can be allocated and managed as per the team’s requirement.

Accounting Automation

Manage all accounting-related functions like bookkeeping, invoicing, etc. on a single platform.

Expense Management

Manage expenses in a hassle-free manner with Open’s virtual cards and prepaid expense cards.

Open Money Specifications

Supported Platforms :
Device:
Deployment :
Suitable For :
Business Specific:
Business Size:
Language:

Ubuntu Windows iOS Android MacOS
DesktopMobile
Web-Based
All Industries
All Businesses
Small Business, Startups, Medium Business, SMBs, SMEs, MSMBs
English

Open Money Review

Have recommended this product

Overall Score

4/5

Based on 1 Review

Features 4/5

Value for Money 4/5

Ease of Use 4/5

Customer Support 4/5

Review this product

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Trail

Verified reviewer:

Product Manager, Computer Networking

Individual

Reviewed on: Dec 6, 2023

4/5

“Great Platform to manage payouts”

As a user of Open.money, I've found it to be a game-changer for managing my business finances. The ease of connecting bank accounts and integrating with accounting software like Tally and Zoho Books has simplified my payment processes immensely. The platform's ability to handle GST invoicing and provide payment links for online transactions has been incredibly efficient. Additionally, the feature of tracking account payables and receivables offers great clarity in financial management. The support from major Indian banks ensures seamless transactions directly from the Open dashboard, making it a reliable and convenient tool for business payments. Overall, Open.money has significantly streamlined my financial operations, saving me time and enhancing my financial control.

Pros : 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.

Cons : 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.

Reason to switch : Simplified Payment Processes: The seamless integration with bank accounts and accounting software has made sending and receiving payments much more efficient. Better Financial Management: Features like GST invoicing and tracking of payables/receivables provide a clear overview of my business finances, aiding in better decision-making. Time-Saving: Automated reconciliation and financial reporting save considerable time, allowing me to focus on other critical aspects of my business. One-Stop Solution: The availability of additional tools for payroll, expense management, and tax filing means I can manage most of my financial tasks in one place, avoiding the need for multiple platforms.

Features

4/5

Value for Money

4/5

Customer Support

4/5

Ease of Use

4/5

Open Financial Technologies Pvt Ltd. Company Details

Brand Name	Open Financial Technologies Pvt Ltd.
Information	Open is Asia’s first and fastest growing business banking platform for SMEs and startups. Open helps businesses automate their finances by letting them collect online payments, do bulk payouts, reconcile transactions and integrate banking into their business workflows
Founded Year	2014
Director/Founders	Ajeesh Achuthan, Anish Achuthan, Deena Jacon, Mabel Chacko
Company Size	1-100 Employees
Other Products	Open Payroll