Zoho Announces Zoho Spend and Zoho Billing Enterprise Edition, Offering Large Businesses Greater Control and Flexibility Over Billing Operations and Company Spend as They Scale
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The new offerings include Zoho Spend, an industry-first complete spend management solution that includes payroll capabilities with Accounts Payable (AP) automation, travel, expense, and procurement onto one platform; and Zoho Billing Enterprise Edition, powerful billing software that lets large organizations monetize their offerings with modern strategies, streamline their billing operations, and recognize revenue in real-time.Also announced is the implementation of new AI features within applications from Zoho’s Finance and Operations Platform, enabling companies and finance teams to automate day-to-day tasks, provide deeper financial and operational insights, uncover trends, and predict future outcomes. These features were designed with Zoho’s customary focus on company data privacy in mind.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againInterested in more newsletters? Browse here.“Enterprises are looking for more control over spend and revenue, but they don’t want that control to come at the cost of agility,” says Kevin Permenter, Research Director, Financial Applications at IDC. “Zoho Spend reflects customers’ demand for centralized spend management across core finance processes, while Zoho Billing Enterprise Edition gives organizations the flexibility to support more sophisticated monetization and pricing strategies as their business scales.”Zoho Spend is an industry-first, all-in-one solution to manage procurement, AP automation, corporate travel, employee expenses, and payroll. With a comprehensive dashboard, the software provides a consolidated view into each of these critical areas, allowing finance leaders to take control of their budgets, strengthen governance, and curb maverick spend, converting spend management into a strategic advantage.A significant share of a company’s total spend includes procurement, payroll, travel, and employee expenses, yet many organizations rely on disconnected systems which limit full visibility and control. As a result, finance leaders lack 360-degree insights into company-wide expenses and purchases, managers can’t efficiently track approvals or compare budgeted versus actuals, and employees don’t have a unified way to track reimbursements or purchase requests. This siloed approach leads to fragmented oversight, compliance gaps, and unmanaged costs.Zoho Spend helps solve these challenges by bringing together every major spend category, including payroll, into a single platform, offering holistic visibility and tighter spend controls.Zoho Billing Enterprise Edition offers businesses the flexibility to monetize using any modern revenue strategy, with the scalability to solve the most complex billing scenarios. The solution further supports businesses with market agility by helping them quickly adapt pricing models and monetize their offerings. With 15 country-specific editions that are compliant with regional tax regulations, and e-invoicing support for nine countries including Mexico, India and Germany, the solution provides built-in support for a company’s ongoing growth, whether domestic or global.Additionally, businesses benefit from AI features inside of the Billing platform. Ask Zia serves as a Finance Assistant, helping the user with actionable insights on critical areas like billing efficiency, customer behavior, and overall business performance with a range of prompts. Zia Insights helps businesses gain a deeper understanding of key reports by identifying anomalies, tracking trends, and forecasting future performance. Finance leaders can leverage the AI-based revenue forecasting capability to identify risks and opportunities to make timely and strategic business decisions.Powered by Zia LLM, Zoho’s internally-built large language model and the first LLM built for businesses, the AI capabilities built into applications from Zoho’s Finance and Operations Platform’s improve operational efficiency while keeping sensitive information safe. Insights can be extracted to help with forecasting and improve decision-making capabilities. Zoho’s AI also allows users to view its actions, step-by-step, to catch any errors and interrupt when needed, improving human-machine collaboration.“When it comes to AI and data privacy, there is no greater concern than the safety of a customer’s financial information,” says Raju Vegesna, Zoho’s Global Chief Evangelist. “The AI tools introduced today across Zoho’s extensive Finance and Operations Platform serve as the perfect user assistant: providing deep insights and forecasting into company finances, flagging inconsistencies, and automating repetitive tasks—all within Zoho’s own Zia LLM to ensure that a customer’s data is never at risk.”Zoho Spend and Zoho Billing Enterprise Edition are available for use immediately. For more information, please visit: https://www.zoho.com/spend/enterprise/ and https://www.zoho.com/us/billing/enterprise/. For more information around pricing and availability in different regions, please find them here: India, United Kingdom, and UAE.For availability of AI features, please reach out to support@zohobooks.com. To learn more, please visit: https://www.zoho.com/blog/general/zoho-finance-ai-features.html.All trademarks, product names, and company names cited herein are the property of their respective owners.Zoho respects user privacy and does not have an ad-revenue model in any part of its business, including its free products. The company owns and operates its data centers, ensuring complete oversight of customer data, privacy, and security. More than 130 million users around the world, across hundreds of thousands of companies, rely on Zoho everyday to run their businesses, including Zoho itself. For more information, click here.With 55+ apps in nearly every major business category, Zoho Corporation is one of the world’s most prolific technology companies. Headquartered in Austin, Texas, with international headquarters in Chennai, India, Zoho is privately held and profitable with more than 18,000 employees. For more information, please visit: www.zoho.com. https://www.businesswire.com/news/home/20251218170986/en/ContactsAriel Rhodes ariel.r@zohocorp.com Sandra Lo slo@zohocorp.com#distroPostmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. Visit our Community Guidelines for more information.