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ProfitBooks Review

ProfitBooks
Our score: 8.9 User satisfaction: 97%

What is ProfitBooks?

ProfitBooks is an online accounting solution that caters to startups, growing entrepreneurs, and SMBs. It features tools that allow you to create professional-looking invoices, manage inventory, monitor expenses, and manage your business’ finances even without accounting knowledge.

The platform lets you record income, expenses, and journal entries as well as accordingly handle taxes. It also helps you make better business decisions by allowing you to share the transaction data with your bookkeeper for financial advice and strategies. You can also use it to streamline your inventory management because it’s capable of tracking your entire inventory lifecycle – from purchase to sales.

ProfitBooks helps handle your business processes regardless of whether you’re in servicing, selling, distributing, or manufacturing trade. It also has a mobile app available for both Android and iOS users, empowering finance management on the go. ProfitBooks supports startups with its free forever plan, where users can create up to 50 invoices per month.

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Overview of ProfitBooks Benefits

Complete Invoicing Solution

With ProfitBooks, creating professional invoices, tracking, and chasing outstanding payments are just a few clicks away. The software helps broaden your horizons by allowing you to accept different modes of payments, including net banking, wallet payments, and credit/debit cards. When sending an invoice, the payment link is attached, and the deposited money goes directly to your account. Moreover, you don’t have to create your invoice from scratch because a multitude of customizable invoice templates is available that fit different industries.

Online Inventory Management

ProfitBooks empowers you to keep tabs on all your inventory purchases and purchase orders by placing them all in one central digital location. With this, purchase management becomes easier since every PO can be converted to purchases with just a click. The inventory system also connects with other aspects of your business like accounts payable and cash management, so no need for risky double entries. Furthermore, you can fulfill partial orders, and the software will create invoices only for the items successfully delivered.

Filterable Financial Reports

The platform gives instant access to critical reports such as low stock, pending orders, product-wise transactions, and inventory evaluation. Every report can be filtered down, allowing for easy and thorough scrutiny of details so that you won’t have to pull together data from various sources like paper trails, excel files, and emails when needed.

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Overview of ProfitBooks Features

  • Invoicing
  • Billing
  • Accounting
  • Inventory Tracking & Management
  • Payroll & Tax Management
  • Transaction Data Sharing
  • Mobile Apps
  • Financial Reports

Awards & Quality Certificates

An award given to products our B2B experts find especially valuable for companies
An award given to products our B2B experts find especially valuable for companies

ProfitBooks Position In Our Categories

Since businesses have their own business-related requirements, it is only practical they steer clear of deciding on a one-size-fits-all, ideal software. However, it is hard to find such a software system even among widely used software solutions. The logical step to do can be to take note of the several important aspects which need analysis including major features, pricing, skill competence of staff, organizational size, etc. Next, you must perform the product research systematically. Go over these ProfitBooks analyses and look over each of the software products in your list more closely. Such well-rounded research ensure you stay away from mismatched apps and select the one which delivers all the benefits your business requires.

Position of ProfitBooks in our main categories:

TOP 50

ProfitBooks is one of the top 50 Accounting Software products

TOP 50

ProfitBooks is one of the 50 Online Accounting Software products

TOP 100

ProfitBooks is one of the top 100 Sales Tools products

Enterprises have unique wants and requirements and no software application can be perfect in such a situation. It is futile to try to find an ideal out-of-the-box software product that meets all your business needs. The smart thing to do would be to adapt the solution for your unique wants, worker skill levels, budget, and other factors. For these reasons, do not rush and pay for well-publicized trendy solutions. Though these may be widely used, they may not be the perfect fit for your unique wants. Do your groundwork, check out each short-listed system in detail, read a few ProfitBooks Accounting Software reviews, speak to the vendor for explanations, and finally choose the application that offers what you want.

How Much Does ProfitBooks Cost?

ProfitBooks Pricing Plans:

Free Trial

Startup

Free

SMB

$15/month

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What are ProfitBooks pricing details?

ProfitBooks Pricing Plans:

Free Trial

Startup

Free

SMB

$15/month

ProfitBooks offers a limited but free forever plan suited for startups and an enterprise pricing package suited for growing businesses.

Startup – Free

  • Single User
  • Up to 50 Invoices per month
  • Unlimited Products
  • Unlimited Customer
  • Unlimited Suppliers
  • Unlimited Sales Orders
  • Online Payments
  • Multiple Currencies
  • Inventory Management
  • Payables & Receivables Tracking
  • Tax Management
  • 40+ Financial Reports

SMB – $15/month

  • All features in Startup +
  • Unlimited Users
  • Unlimited Invoices
  • Priority Support

User Satisfaction

Positive Social Media Mentions 49
Negative Social Media Mentions 2

We realize that when you make a decision to get a Accounting Software it’s crucial not only to learn how professionals score it in their reviews, but also to discover if the actual users and companies that purchased these solutions are genuinely happy with the service. Because of that need we’ve designer our behavior-based Customer Satisfaction Algorithm™ that collects customer reviews, comments and ProfitBooks reviews across a wide array of social media sites. The information is then presented in a simple to understand way indicating how many clients had positive and negative experience with ProfitBooks. With that information available you will be ready to make an informed business choice that you won’t regret.

Video

Technical details

Devices Supported

  • Windows
  • Linux
  • Android
  • iPhone/iPad
  • Mac
  • Web-based

Deployment

  • Cloud Hosted

Language Support

  • English

Pricing Model

  • Free
  • Monthly payment

Customer Types

  • Small Business
  • Medium Business
  • Freelancers

What Support Does This Vendor Offer?

  • email
  • phone
  • live support
  • training
  • tickets

What integrations are available for ProfitBooks?

ProfitBooks application integrates with:

  • Instamojo payment gateway
  • Cashfree payment gateway
  • Razorpay payment gateway
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Louie Andre

By Louie Andre

B2B & SaaS market analyst and senior writer for FinancesOnline. He is most interested in project management solutions, believing all businesses are a work in progress. From pitch deck to exit strategy, he is no stranger to project business hiccups and essentials. He has been involved in a few internet startups including a digital route planner for a triple A affiliate. His advice to vendors and users alike? "Think of benefits, not features."

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