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Zoho partners with Mashreq

The partnership brings banking and accounting together in a single platform for businesses in the UAE

Zoho partners with Mashreq

Zoho announced its partnership with Mashreq, one of the leading financial institutions in the UAE to bring connected banking solution in the region through Mashreq NeoBiz.

With this solution, NeoBiz account holders will have access to Zoho Books, the most powerful VAT-compliant accounting software, to eliminate manual data entry and automate reconciliation.

NeoBiz is the first digital banking proposition in the UAE exclusively aimed at small and medium enterprises to empower them with smart choice to initiate, transact and manage their banking requirements.

Prashant Ganti, Head of Product Management, Global Tax, Accounting, and Payroll solutions, Zoho Corp said, "Until now, corporate banking and ERP integration was a luxury that only larger businesses enjoyed. We are happy to join forces with Mashreq to equalize this for businesses of all sizes and make everyday banking and accounting easier,"

Rohit Garg, Head of NeoBiz and Business Banking at Mashreq said, “Mashreq continues to be at forefront of digital transformation and we believe that our partnership with Zoho will further enhance customer experience and make banking simple. The collaboration will enable SMEs in the UAE to streamline their business operations by combining seamless banking transactions through NeoBiz and leverage the accounting software of Zoho on a single platform thus increasing productivity and reducing manual errors.”

Pricing and Availability

Mashreq's NeoBiz account holders get six months of free subscription of Zoho Books. Businesses that don't have a NeoBiz account can apply for one within 20 minutes. Once it is approved, they can instantly access Zoho Books right from the NeoBiz digital portal.

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