CPA Practice Advisor

JUN 2018

Today's Technology for Tomorrow's Firm.

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JUNE 2018 ■ 13 EXPENSE MANAGEMENT: REVIEW Zoho Expense Zoho Expense is part of Zoho One, a comprehensive suite of applications designed for the small to mid-sized business. Part of the Finance Suite, Zoho Expense offers two product plans; the Free Plan, for up to three users, and the Standard Plan, which offers more storage space. Zoho Expense is best suited for small to mid-sized businesses. The product is available in two editions: A Free Plan which includes up to three users and 5GB of storage space, and a Standard Plan that includes up to ten users, unlimited storage, and auto scan. The Standard plan costs $15.00 per month. Those interested in Zoho can download the free plan or a demo of the Standard plan. Read the full review for this product online at: 12413229 4.5 2018 OVERALL RATING APPS MileIQ App MileIQ is well suited for organizations that need to track mileage for numerous employees, though it also is a good solution for freelancers who need to track travel mileage for tax purposes. Mile IQ currently offers three plans: Ahe Basic Plan, which is free and includes up to 40 drives per month; the Premium Plan, which is $5.99 per month, or $4.99 per month, billed annually; and the Team Plan, for companies that employ professional drivers. Pricing for the Team Plan is available upon request. Businesses with an active subscription to Microsoft Office 365 can get the Premium Plan at no cost. Read the full review for this product online at: 12413241 4.75 2018 OVERALL RATING NEAT NEAT offers excellent document and receipt management, with the system accessible via desktop, online, or mobile access. Users can easily scan documents directly into NEAT using the desktop utility, with users able to scan receipts, invoices, business cards, and any other business document. The NEAT mobile app also allows users to easily snap a photo of a receipt or document for easy uploading. NEAT is available in three editions: Lite, which is $79.99, and is designed for a single user; Premium, which is $119.99 and supports two users; and Business, which is $249.99 and supports up to five system users with all plans billed annually. NEAT also offers a free 30-day trial, so users can try out the system prior to purchasing. Read the full review for this product online at: 12413244 4.5 2018 OVERALL RATING Receipt Bank Receipt Bank is an automated bookkeeping application designed for small to mid-sized businesses. Receipt Bank also offers a comprehensive accountant and bookkeeper program that simplifies the sharing of information including invoices and receipts between offices. Receipt Bank pricing for a multi-user system that processes up to 50 items per month would run $25.00 per month, while 150 items processed per month would run $55.00 per month. An accountants program is also available that is priced separately. Those interested can visit the Receipt Bank website to download a free trial. Read the full review for this product online at: 12413245 5 2018 OVERALL RATING Shoeboxed Shoeboxed offers receipt management for smaller businesses that don't have the time or resources to process multiple receipts. Designed to organize receipts and business cards, Shoeboxed can also create employee expense reports as well. Shoeboxed offers three plans which include Lite, at $15.00 per month, which can manage up to 50 documents and supports one user, the Classic plan, which is $39.00 a month and handles up to 150 documents a month and supports two system users, and the Business plan is $69.00 per month, can handle 500 documents per month and supports up to three system users. Both the Classic and Business plans also include integration with QuickBooks. Users can also visit the Shoeboxed website to access a trial of any of the plans. Read the full review for this product online at: 12413239 5 2018 OVERALL RATING Read the full Expense Management reviews at:

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