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What is Qoyod?

Qoyod is an all-encompassing cloud-based accounting platform tailored for business owners and accountants, incorporating essential features such as financial oversight, e-invoicing, inventory management, point of sale, payroll processing, and comprehensive reporting into a unified system. This innovative solution enables companies to effortlessly create invoices, record expenses, manage both customer and supplier accounts, monitor inventory across multiple sites, and track crucial financial indicators like revenue and profit through an interactive real-time dashboard. The automatic accounting entries triggered by transactions empower users without accounting expertise to manage daily financial tasks, while seasoned accountants benefit from advanced functionalities, including customizable journal templates, recurring transactions, cost centers, and multi-currency support. Furthermore, Qoyod aids in ZATCA Phase 2 e-invoicing by generating UBL XML invoices equipped with QR codes and digital signatures, which are directly submitted to the Fatoora platform, ensuring not only compliance but also operational efficiency. All in all, Qoyod enhances financial management, simplifying the process for businesses to maintain accuracy and control over their accounting practices while adapting to evolving regulatory requirements. This adaptability ultimately positions Qoyod as a vital tool for modern business operations.

What is FinOptimal?

FinOptimal is a cutting-edge accounting automation platform aimed at boosting productivity by eliminating manual tasks in QuickBooks Online, thus enabling the automation of processes like accruals, journal entries, spreadsheet syncing, and real-time reporting, which aids finance teams in closing their books more efficiently and with greater precision. Its main products include Accruer, which simplifies the automation of prepaid expenses, deferred revenues, fixed assets, and payroll accruals by just defining the desired time frame; Booker, which facilitates smooth synchronization and bulk modifications of transactions in Google Sheets that are directly connected to QuickBooks; and Wrangler, which offers adaptable and insightful financial reporting tailored from QuickBooks data. This software integrates effortlessly into current accounting workflows while maintaining their integrity, ensuring that verified data is continuously synchronized, preventing the occurrence of duplicate entries, and providing users with access to audit-ready backups along with essential financial insights whenever required. By optimizing these workflows, FinOptimal not only conserves valuable time but also significantly improves the accuracy of financial reporting for organizations. Consequently, businesses can make informed decisions based on reliable data, further enhancing their operational efficiency.

Media

Media

Integrations Supported

Google Sheets
QuickBooks Online

Integrations Supported

Google Sheets
QuickBooks Online

API Availability

Has API

API Availability

Has API

Pricing Information

$319.56 per year
Free Version
Free Trial Offered?

Pricing Information

$29 per month
Free Version
Free Trial Offered?

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Qoyod

Date Founded

2016

Company Location

Saudi Arabia

Company Website

www.qoyod.com

Company Facts

Organization Name

FinOptimal

Date Founded

2014

Company Location

United States

Company Website

www.finoptimal.com

Categories and Features

Accounting

Accounts Payable
Accounts Receivable
Bank Reconciliation
Billing & Invoicing
CPA Firms
Cash Management
Cryptocurrency Support
Expense Tracking
Fixed Asset Management
Fund Accounting
General Ledger
Government
Multi-Currency
Nonprofits
Payroll Management
Project Accounting
Purchase Orders
Tax Management

Categories and Features

Accounting

Accounts Payable
Accounts Receivable
Bank Reconciliation
Billing & Invoicing
CPA Firms
Cash Management
Cryptocurrency Support
Expense Tracking
Fixed Asset Management
Fund Accounting
General Ledger
Government
Multi-Currency
Nonprofits
Payroll Management
Project Accounting
Purchase Orders
Tax Management

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