Additional users can be added by purchasing the add-on which works up to Rs 150 monthly, per user, the company said.

The software provides accountants a one-stop solution to streamline their firm's workflows, and seamlessly collaborate internally and with their clients, empowering them to offer more value-added services and grow their own firms.

"Today, we have launched Zoho Practice to serve one of the most critical stakeholders in the financial ecosystem -- the Chartered Accountants. Our aim is to help them increase productivity and achieve operational efficiency, so that they can focus on growing their firm," Sivaramakrishnan Iswaran, Global Head, Zoho Finance and Operations Suite, said in a statement. Zoho Practice comes with client management, document management, task management, timesheet, and billing capabilities.

The application also offers a few industry-first capabilities, built from the ground up for distributed firms, like advanced collaboration through chat, voice or video calls, and document sharing. It also offers AI-driven anomaly detection to identify inconsistencies in transactions, so that the issue can be rectified quickly, the company mentioned. "Zoho Practice is a complete solution that consolidates all these important aspects, simplifying a CA firm's day-to-day operations, equipping them with the insights needed to provide exemplary services, and helping them manage their team efficiently," said CA Sanjib Sanghi, Chairman EICASA and, Vice Chairman EIRC of ICAI.