Zoho Reports, which is the online BI (business intelligence) app from Zoho, is now integrated with their online accounting software, Zoho Books.
After the integration of Zoho Reports after Zoho CRM and Zoho Projects, and also Zoho Recruit, Zoho Reports integration to Zoho Books is the next logical step in an all encompassing platform that provides users with a powerful platform to take their financial reporting to the next level.
Zoho Books inbuilt reporting module is pretty good, and provides all of the standard financial reports one might expect to need to run any small business.
Zoho Reports however allows you to do much much more in the way of data mining and real time data visualisation / analytics that one can only get using a fully fledged business intelligence service.
Quick setup
Setting up the advanced analytics is easy - in just a few clicks your Zoho Books platform will be synched to a new Zoho Reports database and even get numerous reports built in as standard.
Ready made reports and dashboards
In fact, the advanced analytics for Zoho Books function comes with a whopping 75+ pre-packaged reports and dashboards, designed with your needs in mind.
For example: important finance metrics like quick ratio, activity ratio, EBIT, gross/net profits etc, to viewing trends…
Create reports and dashboards
Zoho Reports is not a finite platform either, you can build on the standard reports to create more in the way of unlimited ad hoc reports and dashboards using the easy drag-and-drop interface.
Easily share reports and dashboards
All reports on the Zoho Reports platform can be shared with your team, management or shareholders. Fine grained access control permissions allow you to set who sees what and all reports are dynamic and interactive, meaning recipients can click links and use filters to drill down on the data in real time.
Analyze Zoho Books and Zoho CRM data together
The best part about all of this is that you can bring in your Zoho CRM data and combine it with Zoho Books data, and then create valuable sales/financial reports seamlessly, something that’s not easily doable with most other business intelligence tools in the market as they normally run as separate entities.
And, just like with the Zoho CRM advanced analytics option, you can get data from other sources and blend it with Zoho Books data, and create reports out of these mixed data sources.
Zoho offer a free 15-day trial of the add-on. Try it out, and we would love to hear your feedback.
And one last thing. In addition to the advanced analytics add-on for Zoho Books, Zoho also have an equally powerful advanced analytics add-on for QuickBooks Online!