![]() There's no one perfect solution when it comes to the best free invoicing tools. For more details on our process, read the full rundown of how we select apps to feature on the Zapier blog. We're never paid for placement in our articles from any app or for links to any site-we value the trust readers put in us to offer authentic evaluations of the categories and apps we review. We spend dozens of hours researching and testing apps, using each app as it's intended to be used and evaluating it against the criteria we set for the category. Download Financial Express App for latest business news.All of our best apps roundups are written by humans who've spent much of their careers using, testing, and writing about software. Get live Share Market updates and latest India News and business news on Financial Express. Zoho Creator, a low-code application development platform to be used for building Covid-19 apps for governments and non-profit organisations, Zoho Desk for Covid-19 call centre, currently used by Jammu and Kashmir administration, and Zoho Forms for health surveys, currently used by the Goa government are some of the company’s other offering. For governments, it would offer Zoho Meeting for online meetings, which currently Karnataka State Council for Science and Technology is using. It has also announced offering Zoho ShowTime with Zoho Classes. Zoho Classes, currently offered for early access, will integrate various aspects of education system, including teachers uploading courses, broadcasting live classes, sharing assignments and collecting responses and educational institutions collecting fees and sell merchandise such as school supplies through the mobile app. This include an app, Zoho Classes, which will enable schools and colleges to connect with their students online. ![]() The company on Wednesday announced Swadeshi Sankalp initiative with products designed to help education and government sectors in the time of Covid-19. The company is re-orienting its products towards the changes that are taking place now. Zoho will be a neutral observer in this consolidation, since it doesn’t want to go out and raise funds in this environment for any acquisition. SaaS players with strong balance sheet, ability to endure cost structure that are aligned and who are not out of control in their spend are the ones who will survive this. These issues were already there, but got exposed now, Vembu said. There are too many players with too many subscriptions that customers have to endure. This is going to lead to consolidation of SaaS, which is already overdue. The recovery in economy may not be a V-shaped or U-shaped one and it is going to be prolonged considering various systemic issues cropping up during the pandemic period. But at any cost we want to avoid lay-offs,” said Vembu. I don’t know whether we will be there in three or six months, nobody can promise anything this time. We cancelled bonuses, which is normal in this time, we have not cut anyone’s pay, and I have told our employees that we may have to be prepared for a pay cut though we are not there yet. I have prepared our own staff for a very tough time. “Impact of Covid on our business is not as bad as we feared, though we are still in April. Based on the GDP loss, the company has prepared itself for a larger hit on its business. ![]() ![]() While the US, which accounts for around 45% of the company’s business, has seen a 30% loss in GDP owing to the pandemic, some of the larger organisations, seeking to save at this time, are switching over to Zoho from other players. We have a lot of problems and there is no romance in solving a problem of a Japanese company in a location there, as against a company in Coimbatore,” he said. We also want to solve a lot of domestic problems. We have been systematically improving our India exposure, which is important, I believe. Five to seven years ago, we had more than 95% overseas exposure and we have been changing this mix. We are trying to improve our domestic market penetration. I don’t know whether the global trade system as existed pre-pandemic is going to continue a year or two or five from now. “In the emerging new world, I start to worry about it. On the Covid-19 impact, he said almost 90% of the company’s revenue is from overseas, which would have been considered a good thing in the normal circumstances. ![]() Zoho has rural offices in Tenkasi and in Renigunta. Currently, almost 99% of the workforce are working from home. The company is adding another 500-600 employees and will probably end the year with a headcount of about 8,300-8,400. Wipro promoters to take part in buyback, offers 97% of shares ![]()
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