Yendo merges cloud accounting with customer relationship management (CRM) and bulk email tools. While it cannot manage inventory, it can manage a sales team and customer communications. Even the Yendo online accounting introductory package supports up to 500 emails per month and unlimited invoices. It provides traditional bookkeeping tools as well as payment processing, data backup and credit card processing. The more advanced versions offer features such as developer APIs, two-factor authentication and dedicated infrastructure.
This service is best for those who manage sales or services rather than inventory. And it includes better CRM tools than basic accounting software. It manages basic contact information as well as company logos, bank data, social media names and status. Surprisingly, it cannot save default currency information with the contact file. The contact files also connect with the bulk emailing tool for sending out quick mass emails. The Enterprise+ version can send out 20,000 emails per month.
Yendo is helpful for those that need to manage more than one business. The Standard version supports five companies; the Enterprise versions support an unlimited number of businesses and users. All versions support unlimited invoices. However, it should be noted that “unlimited” is subject to the company’s fair-use policy. This is the only cloud accounting service reviewed that ties bulk emailing into its service offerings. If you want to send out newsletters or marketing materials to a long client list, this feature could be useful.
Its basic accounting tools range from invoicing and budgeting to reporting. It also includes more advanced tools such as managing deprecation of fixed assets, recurring invoices and budget forecasting. Yendo can be configured to import your bank data daily, and it creates forecasted budgets based on your spending and forecasted sales based on invoices. Reports are customizable and exportable as XLS or PDF files for sharing. While this accounting service does not offer a long list of integrations, APIs are available for developers to create custom integrations.
The standout feature for this product is its bulk email tools. While this is not generally included with accounting software, it can be a useful tie-in with your CRM data for mass mailings. This feature could be helpful for sales or marketing teams that want to maintain a high-level of contact with their clients. However, if you need to manage inventory or payroll, Yendo might not be the best choice for running your business.
Pros
Yendo provides a simple, clean interface that can manage most common accounting tasks such as creating invoices, running reports, tracking expenses and managing cash flow. It also creates annual and monthly budgets based on your actual spending trends.
Cons
This online accounting software is not designed to manage a lot of inventory or employees. Although Yendo provides developer APIs, it offers few integrations such as payment processing, document management or Google app compatibility.
The Verdict: 6.95/10
Yendo online accounting manages a wide variety of contact information, and it can manage sales reps – making it suitable for those who manage a consulting or sales team. It also offers bulk emailing so you can keep in contact with customers and prospects.
