Penny Software vs Zoho Books: Which Should You Choose in 2026?
Choosing between Penny Software and Zoho Books comes down to understanding what each tool does best. This comparison breaks down the key differences so you can make an informed decision based on your specific needs, not marketing claims.
By Toolradar Team · Last updated February 28, 2026 · Methodology
Short on time? Here's the quick answer
We've tested both tools. Here's who should pick what:
Penny Software
Streamline procurement and spend management with AI-powered automation.
Best for you if:
- • You need invoicing features specifically
- • AI-powered procurement and spend management platform.
- • Automates the entire purchasing workflow from requisition to payment.
Zoho Books
Comprehensive accounting as part of the Zoho ecosystem
Best for you if:
- • You want the higher-rated option (8.4/10 vs 0.0/10)
- • You need accounting features specifically
- • Zoho Books is cloud accounting software for small businesses
- • It provides invoicing, expenses, and bank reconciliation
| At a Glance |  Penny Software |  Zoho Books |
|---|---|---|
Price | Free + Paid | Free + Paid |
Best For | Invoicing | Accounting |
Rating | —/100 | 84/100 |
| Feature | Penny Software | Zoho Books |
|---|---|---|
| Pricing Model | Freemium | Freemium |
| Editorial Score | — | 84 |
| Community Rating | No ratings yet | No ratings yet |
| Total Reviews | 0 | 0 |
| Community Upvotes | 0 | 0 |
| Categories | InvoicingExpense Management | AccountingInvoicing |
How Penny Software and Zoho Books Compare
Penny Software
Streamline procurement and spend management with AI-powered automation.
Free tier available
Zoho Books
Comprehensive accounting as part of the Zoho ecosystem
Free tier available · 84/100 score
Penny Software is a invoicing tool. Zoho Books is in accounting.
Who Should Use What?
On a budget?
Both are freemium. Compare plans on their websites.
Go with: Penny Software
Want the highest-rated option?
Zoho Books scores 84/100. Penny Software is unrated.
Go with: Zoho Books
Value user reviews?
Neither has user reviews yet.
Go with: Zoho Books
3 Questions to Help You Decide
What's your budget?
Both are freemium. Pricing won't help you decide here.
What's your use case?
Penny Software is a invoicing tool. Zoho Books is in accounting. Pick the category that matches your needs.
How important are ratings?
Not all tools have been rated yet.
Key Takeaways
Zoho Books
- Higher score: 84/100 vs unrated
- Free tier available
- Our pick for this comparison
Penny Software
- Better fit for invoicing
The Bottom Line
Zoho Books (84/100) is our pick.
Frequently Asked Questions
Is Penny Software or Zoho Books better?
Zoho Books scores 84/100 in our evaluation. Both are freemium.
What are Penny Software and Zoho Books used for?
Penny Software: Streamline procurement and spend management with AI-powered automation.. Zoho Books: Comprehensive accounting as part of the Zoho ecosystem.
What does Penny Software cost vs Zoho Books?
Penny Software is freemium (free tier + paid plans). Zoho Books is freemium (free tier + paid plans). Visit their websites for detailed pricing.