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Bookkeeping with ZarMoney: Streamlining Financial Management

A cloud-based accounting tool called ZarMoney is made to help companies of all sizes manage their finances and inventories. Team communication, quote creation, invoicing, transaction tracking, remote access, and approval workflows are some of the key features. ZarMoney assists businesses in streamlining sales orders, accepting payments, and notifying clients of order statuses automatically.

You can use its calendar feature to highlight and prioritize tasks, manage customer callbacks, and assign invoice numbers to the respective buyers. The application also lets supervisors monitor warehouses across multiple locations, track inventory items, and maintain sales and purchase histories.

Organizations may secure their data and uphold compliance by using ZarMoney to provide users with role- and location-based access control. The platform allows all the crew members to sort particular items with custom product brands, fields, or other attributes. Also, it allows tracking transfers in real time to maintain stock levels. It helps managers record vendor expenses for all purchase orders and generate batch numbers for managing cash flow.

What makes ZarMoney special?

Some similarly priced accounting software platforms like QuickBooks, Xero, and Zoho Books do offer inventory management features. But compared to any of these platforms, ZarMoney has a much greater number of inventory management options. ZarMoney’s tools for multi-site inventory management, two-step warehouse transfer, pick lists, and split transactions are not even present in QuickBooks, which is frequently regarded as the industry leader in accounting software platforms.
For this reason, we’ve considered ZarMoney to be the best accounting software for inventory management.

Pros and Cons of ZarMoney

ZarMoney is gaining recognition as a versatile accounting software platform with a strong focus on inventory management. Let’s delve into the pros and cons of using ZarMoney for bookkeeping:

Pros of ZarMoney

Advanced Inventory Management:

ZarMoney stands out by offering an array of inventory management features usually exclusive to ERP systems. These features include multi-site inventory management, barcoding, and split transactions.

Competitive Pricing:

Despite its advanced inventory management capabilities, ZarMoney remains competitively priced, making it an attractive choice for budget-conscious small businesses.

Cons of ZarMoney

Limited Receipt Capture:

ZarMoney falls short when it comes to features for capturing expense receipts, which may be a drawback for businesses that rely heavily on this functionality for expense tracking.

No Mobile App:

ZarMoney does not offer a mobile app, which can disadvantage businesses that require on-the-go access to their accounting data.

ZarMoney's Key Features

Multi-Location Inventory Management: ZarMoney is one of the few non-ERP accounting software platforms that offer features for managing inventory at multiple locations.
Customized, Real-Time Inventory Data: Businesses can customize product fields and access real-time inventory data, allowing for efficient tracking of product availability.
Financial Reporting: ZarMoney provides various financial reports, including tax reports, to help businesses make informed decisions.
Automatic Invoicing: ZarMoney simplifies invoicing, allowing users to create and send invoices manually or automatically. It also offers various payment options.
Customer Payment Reminders and Order Updates: The platform includes tools for notifying customers of changes in their order status, helping businesses stay organized, and improving customer communication.
Payment Calendar: ZarMoney's payment calendar streamlines bill tracking and ensures timely payments.

Usability and Customization

ZarMoney is user-friendly, with a manageable learning curve. While it may not be the most intuitive platform, it doesn’t require weeks of training to master. Users of ZarMoney’s highest-priced plan receive specialized training, a dedicated account representative, and priority support, enhancing usability. Customization options are also available to tailor the platform to your specific business needs.

Pricing Plans

ZarMoney offers three pricing plans:

Entrepreneur: Priced at $15 per month, this plan is suitable for solo users.
Small Business: At $20 per month, this plan accommodates a team of two and offers additional user slots for $10 each.
Enterprise: Starting at $350 per month, the Enterprise plan is designed for larger teams and includes priority customer support, a dedicated account representative, specialized training, and custom features.

All plans are available with a 15-day free trial period. Also, there are no hidden fees or additional costs. While ZarMoney’s pricing is competitive, it is worth noting that other platforms like Zoho Books, QuickBooks, and Sage Accounting may have slightly lower costs.

Setting Up ZarMoney

Setting up ZarMoney is straightforward, with no need to download desktop applications. Importing vendor and customer data is seamless, ensuring that your financial data is readily available. For enterprise users, dedicated support and training are provided during implementation. Self-service tools, including articles and videos, are available to assist with setup. However, ZarMoney’s integrations are somewhat limited compared to industry-leading platforms like QuickBooks.

Customer Support

ZarMoney offers responsive customer support via phone, live chat, and email during business hours. There is also 24/7 support available through live chat. The platform provides a wealth of self-service resources, including articles and videos, to address common questions and concerns. While priority support and a dedicated account manager are exclusive to the Enterprise plan, all users have access to these self-service tools.

Meru Accounting's Expertise in using ZarMoney for Inventory Management

Meru Accounting is your dedicated partner in harnessing ZarMoney’s full potential. With extensive inventory management experience, customization to meet your specific business needs, and financial reporting competence, we optimize your financial processes for increased efficiency and accuracy.

Meru Accounting’s commitment to your success guarantees that you stay ahead in today’s competitive business world. Whether you want mobile access or personalized reporting with ZarMoney, we can offer you all. If you are looking to manage your inventory using ZarMoney, Meru Accounting is here to help.

Unique Inventory Features in ZarMoney

One of the key reasons why we recommend ZarMoney is the rich set of inventory management features it provides. These features are typically found only in high-end ERP platforms like Oracle NetSuite. These features are available to all ZarMoney users, regardless of the plan they choose. Let’s delve into some of the exceptional inventory tools that set ZarMoney apart:

Pick Lists: ZarMoney empowers businesses with the ability to generate pick lists, a crucial tool for efficiently managing order fulfillment. This feature streamlines the picking process, reducing errors and improving order accuracy.
Multi-site Inventory: Managing inventory across multiple locations can be complex, but ZarMoney simplifies this with its multi-site inventory management tools. Users can easily track and control inventory levels across various sites, making informed restocking and purchasing decisions.
Barcodes: The inclusion of barcode support in ZarMoney ensures precise tracking and management of inventory items. This feature enhances efficiency in stocktaking, reducing the chances of errors and saving valuable time.
Real-Time Inventory Data: Access to real-time inventory data is essential for making informed decisions. ZarMoney provides up-to-the-minute information on product availability, ensuring that businesses can respond promptly to changing demands.
Split Transactions: Split transactions allow for more accurate accounting by dividing a single transaction into multiple categories. This feature is particularly valuable when dealing with complex inventory transactions.

ZarMoney Integrations

PayPal: PayPal is a versatile payment solution that allows you to send and receive payments, make online purchases, and manage your finances securely. Its integration offers a comprehensive set of tools for businesses to handle transactions effectively.
Google Calendar: Google Calendar is a web-based time management and scheduling application. Its integration helps you organize your appointments, events, and tasks efficiently, making it easy to manage your time and stay on top of your schedule.
Gusto: Gusto is an all-in-one HR platform designed for growing businesses. Its integration offers features for payroll, benefits administration, employee onboarding, and more, streamlining your human resources processes.
Stripe: Stripe is an online payment processing platform tailored for internet businesses. Its integration enables you to accept payments online securely, manage subscriptions, and handle transactions, making it an ideal choice for e-commerce companies.
Zapier: Zapier is an automation platform that connects various apps and services to automate tasks and workflows. Its integration simplifies data integration between different tools, allowing you to create custom automation to enhance productivity.
Authorize.net: Authorize.net simplifies the process of getting paid. It's a payment gateway solution that enables businesses to accept online payments securely. Its integration supports various payment methods, making it easy for customers to make purchases.
QuickBooks Payments: QuickBooks Payments is a mobile credit card processing solution designed for vendors and small businesses. Its integration allows you to accept credit card payments on the go, making it convenient for businesses that need a mobile payment solution.
MMC Receipt: MMC Receipt is a handy receipt-capturing and processing application. Its integration simplifies the task of capturing and managing receipts, making it easier for businesses to track expenses and maintain financial records.

ZarMoney is a complete cloud-based accounting solution primarily known for its exceptional inventory management features, setting it apart from competitors like QuickBooks and Xero. With capabilities usually reserved for high-end ERP systems, such as multi-site inventory management, barcoding, and split transactions, ZarMoney caters to businesses of all sizes with complex inventory needs. Its competitive pricing makes it an attractive choice for budget-conscious small businesses.

ZarMoney has advanced inventory management capabilities, making it an excellent choice for businesses seeking a comprehensive accounting solution with a focus on inventory control. If you are looking for the best inventory management solution, choosing ZarMoney may be the best option. At Meru Accounting, we have trained professionals who can utilize ZarMoney’s capabilities and features to meet all the needs of your business. Contact Meru Accounting now and get customized ZarMoney solutions for your business.