# Open Software Reviews, Demo & Pricing - 2026 > Review of Open Software: system overview, features, price and cost information. Get free demos and compare to similar programs. Source: https://www.softwareadvice.com/online-banking/open-profile --- [Home](https://www.softwareadvice.com/) / [Financial Management Software](https://www.softwareadvice.com/erp/financial-management-system-comparison/) / Open Software Advice offers objective insights based on verified user reviews and independent product and market research. When our advisors match you to a software provider, we may earn a referral fee. Overview [Reviews](https://www.softwareadvice.com/online-banking/open-profile/reviews/) # Open 2026: Benefits, Features & Pricing Wondering if Open is right for your organization? Our Financial Management Software selection experts can help you in 15 minutes or less. On this page - Overview - User Interface - Popular Alternatives - Pricing and Plans - Features - User Reviews ## Overview Open 4.7 [(27)](https://www.softwareadvice.com/online-banking/open-profile/reviews/) Pricing Starting at $7.87 per month ### About Open Open is a cloud-based solution that helps startups and small to medium businesses manage virtual accounts, expenses, taxes, payments, invoices and other operations via a unified portal. The platform enables enterprises to manage customer payments, bookkeeping, financial reports and other accounting activities. Open includes a centralized dashboard, which lets organizations gain visibility into cash-in-bank and cash-in-hand, send automatic payment reminders and share estimates, cash memos, invoices and credit notes with vendors/customers. Supervisors can generate payslips, monitor employees’ leaves and attendance, and analyze reports using the payroll management functionality. Additionally, accountants can send invoices to vendors and accept payments via RTGS, NEFT, IMPS and other modes. Open offers payout API, which allows users to automate one-time or bulk payments and track multiple transactions. It is available for free and monthly, quarterly or annual subscriptions. Support is provided via phone, email and other online measures. Wondering if Open is right for your organization? Our Financial Management Software selection experts can help you in 15 minutes or less. ## Open User Interface ## Popular Open Alternatives Main Product Open 4.7 [(27)](https://www.softwareadvice.com/online-banking/open-profile/reviews/) Ratings Breakdown - 4.70Ease of use - 4.85Value for money - 4.67Customer support - 4.52Functionality Pricing Starting at $7.87 per month Get Price Alternative Product [QuickBooks Online](https://www.softwareadvice.com/product/393202-QuickBooks-Online/) 4.3 [(8464)](https://www.softwareadvice.com/product/393202-QuickBooks-Online/reviews/) Ratings Breakdown - 4.24Ease of use - 4.16Value for money - 4.00Customer support - 4.27Functionality Pricing Starting at $38.00 per month Get Price Alternative Product [NetSuite](https://www.softwareadvice.com/accounting/netsuite-financials-accounting-software-profile/) 4.2 [(2045)](https://www.softwareadvice.com/accounting/netsuite-financials-accounting-software-profile/reviews/) Ratings Breakdown - 3.96Ease of use - 3.85Value for money - 3.81Customer support - 4.21Functionality Pricing Available upon request Get Price Alternative Product [Xero](https://www.softwareadvice.com/accounting/xero-profile/) 4.4 [(3300)](https://www.softwareadvice.com/accounting/xero-profile/reviews/) Ratings Breakdown - 4.36Ease of use - 4.25Value for money - 4.04Customer support - 4.30Functionality Pricing Starting at $25.00 per month Get Price Alternative Product [MYOB Acumatica](https://www.softwareadvice.com/revenue-management/myob-advanced-profile/) 4.1 [(77)](https://www.softwareadvice.com/revenue-management/myob-advanced-profile/reviews/) Ratings Breakdown - 4.06Ease of use - 3.86Value for money - 3.95Customer support - 4.18Functionality Pricing Available upon request Get Price Alternative Product [QuickBooks Enterprise](https://www.softwareadvice.com/construction/qb-desktop-enterprise-profile/) 4.5 [(20653)](https://www.softwareadvice.com/construction/qb-desktop-enterprise-profile/reviews/) Ratings Breakdown - 4.31Ease of use - 4.30Value for money - 4.14Customer support - 4.40Functionality Pricing Starting at $2210.00 per year Get Price ## Open Pricing and Plans Starting price: $7.87 per month Free Trial Free Version Basic $7.87 usage based, per month No plan information available Confused about pricing? We've got you covered. Get a personalized pricing breakdown tailored to your specific needs—no guesswork, no generic estimates. ## Open Features - Popular features found in Financial Management Budgeting/Forecasting Cash Management Multi-Currency Project Management Revenue Recognition Tax Management - More features of Open Accounting Accounts Payable Accounts Receivable API Bank Reconciliation Compliance Management Credit Note Customer Accounts Customizable Reports Electronic Payments Employee Database Financial Management Financial Reporting General Ledger Invoice Creation Mobile Access Payment Processing Payroll Management Payroll Reporting Real-Time Monitoring Real-Time Reporting Reminders Self Service Portal Tax Compliance Third-Party Integrations Time & Attendance Transaction History Transaction Monitoring Two-Factor Authentication ## Open User Reviews Overall Rating 4.7 Ratings Breakdown 5 67% 4 33% 3 0% 2 0% 1 0% Secondary Ratings Ease of Use 4.7 Value for money 4.9 Customer support 4.7 Functionality 4.5 Pranav M. Verified reviewer Food & Beverages 2-10 employees Used daily for less than 6 months Reviewed December 2021 Great platform with amazing functionality! 5 The reason behind working with Open was pretty simple. It provided us with a feature to access our funds in our bank account in ways other than the conventional methods like Bank Transfer, NEFT, or RTGS. Ratings Breakdown 4 Ease of use 5 Value for money 5 Customer support 4 Functionality Pros: Open Money made it extremely easy for us to manage our foreign transactions related to online portals like Shopify, G Suites, etc. The interface is pretty convenient and the ability to create different expense cards based on the expense category really helps in managing and tracking all the marketing expenses. Cons: The integration process did have some glitches at first but nothing major that cannot be solved with some tweaking. Rest everything was pretty seamless. Read More DW Deepak W. Verified reviewer Education Management Self-Employed Used weekly for less than 12 months Review source Reviewed July 2021 Still a lot to do. 4 It has eased some of the issues that I faced with banking but has a lot of room to improve. Ratings Breakdown 4 Ease of use 5 Value for money 5 Customer support 4 Functionality Pros: It is a cloud based platform, so there is no worry about losing the data. (The previous app I used, had a sync issue and had to redo six months of accounts again.) I went for it for two reasons: 1. The annual package was attractive with a business credit card and access to a website building platform. 2. It has many automations related to payments so I do not have to reconcile records manually (in most cases). With a majority of my customers preferring digital payments, multiple modes of payments facilitate timely receipts of payments which are a most for a small business. The data can be imported to Tally which my CA loves the most. You can even allow access solely for accounting purpose. Cons: 1\. They need to design the platform to suit a businessperson's needs (to whom they are trying to sell it). 2. Often on weekends, NEFT mode of payment has issues which get sorted only on Monday mornings. No customer support on weekends. Failed payment reversals take eternity. 3. PAIN to use on a mobile phone. Cannot import contacts. UI on mobile feels like a website adjusting full version to mobile. 4. Customer care often has text book replies. They are improving but are a still a long way from being user friendly. Reasons for choosing Open Cost effective and transparent pricing. Real time settlements except for cards. Reasons for switching to Open For the sole reason of linked virtual bank account and business credit card. Read More SS Sachin dev S. Verified reviewer Chemicals 51-200 employees Used weekly for less than 12 months Review source Reviewed November 2022 Open office app 4 My experience in this product very good very useful products Ratings Breakdown 4 Ease of use 4 Value for money 3 Customer support 5 Functionality Pros: In open office app more thing good but it's graphics tools very useful Cons: More thing in software that's I like graphics tool and other things Reasons for choosing Open I don't know alternative products it's products ossum Read More AM Ashraf M. Verified reviewer Retail 2-10 employees Used daily for less than 12 months Review source Reviewed February 2021 Best way to sort our business account reconciliation 5 Overall a positive experience. My biggest challenge was not having all my accounts in one place. With Open I don't have to juggle between multiple softwares and above all, for a startup the best part is I get to experience all features free of cost. Ratings Breakdown 5 Ease of use 5 Value for money 4 Customer support 5 Functionality Pros: I love that it's an all in one software. I can create professional invoices for free and my clients can directly pay with a link via card or netbanking or UPI. So the choice of payment is at the users discretion but for me, all my business payments come in one place and the status of the payment gives me clarity without having to keep checking my bank statement at all times. So big bonus for account reconciliation which for small businesses is a headache! Cons: Unable to categorize virtual cards. I have to keep an offline record of which virtual card is for which purpose, like - marketing, food, etc. Reasons for choosing Open These products provide only payment gateway. However, Open is a one stop shop solution. Plus Zoho Books was very expensive for a startup. Read More RM Rahul M. Verified reviewer Financial Services 51-200 employees Used daily for less than 2 years Review source Reviewed July 2021 Best software for open banking for startup 4 Open Bank has helped me and my business greatly. Earlier I would have to make transactions from individual banks’ websites and bother myself with the slow processing time, transaction restrictions, adding beneficiaries at a slow rate, etc. Open Banking puts all of that in one place and makes the transactions way smoother and more convenient. The UI/UX is great and very appealing. Ratings Breakdown 5 Ease of use 5 Value for money 5 Customer support 4 Functionality Pros: It allows me to make bulk payments and review transactions and balances of all the banks I have accounts in, in one single place. As I manage multiple accounts of my own, Open Banking makes it easy for me to also view their accounts and make transactions from a single page without having to log in and out in ten different places and bother myself with the account details and passwords every time. It also has an extremely convenient system for filing TDS and GST. Some things now I can save my business hours on. They also offer expense cards that can be used with virtual accounts that they provide to reduce the risk factor involved with it. They have connected Tally software with their systems and automated the entries made into the system so I don’t have to enter it every time I make a transaction. The one thing that tops all of this is the Founder Card that they have provided me with which can be used as both credit and debit card. Wherein I could use the money in my account, but I also get a credit limit for my expenses. Cons: I need one feature where we can use the same account but with multiple users. Reasons for choosing Open Open Banking puts all of banking, payments and taxes in one place and makes the transactions way smoother and more convenient. It has a great and very appealing UI & UX. Vendor Response Thank you, Rahul. This review means a lot to us. Replied July 2021 Read More Mp Mallikarjuna p. Verified reviewer Media Production 11-50 employees Used daily for more than 2 years Reviewed December 2021 media 360 values "open"'s efforts for making daily banking transactions effortless. 5 making daily banking transactions effortless. Ratings Breakdown 4 Ease of use 5 Value for money 4 Customer support 4 Functionality Pros: 1\. Easy to use, quick and effortless addition of payee, etc.... 2. No waiting or cool down time at the time of first transfer. 3. Minimal transction value. Cons: 1\. takes little time to credit the amount to benificiary account, needs a improvement (mainly while we transfer IMPS transfers) 2. RTGS options not available. Read More SH Santosh H. Verified reviewer Financial Services 2-10 employees Used daily for more than 2 years Reviewed December 2021 Ease of use 4 All end to end financial support can be availed at open to support your business. Happy to be a customer of open Ratings Breakdown 5 Ease of use 4 Value for money 4 Customer support 4 Functionality Pros: All that is needed to operate one's business is available with open Cons: Subscription plans should be more cheaper Reasons for switching to Open Financial support Read More NM Noor M. Verified reviewer Information Technology and Services 2-10 employees Used daily for less than 2 years Reviewed December 2021 Great All in one finance handling tool 4 All features and functionalities are great with a minimalistic UI Ratings Breakdown 5 Ease of use 5 Value for money 4 Customer support 4 Functionality Pros: This tool has virtual bank account with all payment features a company requires, invoicing, payment links , payment reminders bulk payouts etc… Cons: May 24\* 7 support will help much as this is kind of banking platform too Reasons for choosing Open It doesn’t have a virtual bank account type Read More RA Rashi A. Verified reviewer Health, Wellness and Fitness 2-10 employees Used daily for less than 12 months Reviewed February 2022 Open: A blessing in disguise for an SME 5 Ratings Breakdown 4 Ease of use 5 Value for money 5 Customer support 4 Functionality Pros: When we started, we were facing lot of challenges managing our estimates, invoices, collecting payments, etc. And then we got to know about Open Money. After using Open Money I can comfortably say that the platform has eased out all our challenges of making vendor payments, collecting payments, invoicing on the go and so many others. Founders One Card is a blessing in disguise for an SME like us. Cons: So far we haven't faced any challenges while using Open Money. Read More RS Rituraj S. Verified reviewer Computer Software 2-10 employees Used daily for less than 2 years Reviewed December 2021 Good experience 5 Ratings Breakdown 5 Ease of use 5 Value for money 5 Customer support 5 Functionality Pros: I like to use open because of the ease of transactions it provides to me. Plus, it makes the accounting as well very easy. Cons: I think it needs to be a bit more secured. Like the user should be logged about after sometime if the system remains idle. Read More Showing 1 - 10 of 27 Reviews [See All Reviews](https://www.softwareadvice.com/online-banking/open-profile/reviews/) ## Other Top Recommended Financial Management Software [Wrike](https://www.softwareadvice.com/project-management/wrike-profile/) **4.4** (3016) Recently recommended **0** times [NetSuite](https://www.softwareadvice.com/accounting/netsuite-financials-accounting-software-profile/) **4.2** (2045) Recently recommended **0** times [Sage Intacct](https://www.softwareadvice.com/accounting/intacct-accounting-profile/) **4.3** (687) Recently recommended **0** times [SAP S/4HANA Cloud](https://www.softwareadvice.com/accounting/sap-s-4hana-cloud-profile/) **4.3** (358) Recently recommended **0** times Stuck Between Options? Our experts can help you compare Open with other top options, so you can find the best fit for your needs. ## See what companies are saying about Software Advice