Walkover Studies About Number-zoned Entrepreneurs in Digital Times
INDORE, India, May 3, 2016 /PRNewswire/ --
Indore-based tech-preneurs of Walkover learnt that accounting is one of the major concerns of today's businesses. They faced the same issue themselves when they got exposed to accounting troubles. The expert techies of Walkover then spent two weeks in brainstorming and researching about which finance software could suit business needs best. In a striking conversation, a very suave entrepreneur, Narendra Sen, founder of Rackbank datacenter, which basically deals in servers, told them about his experience.
Narendra said, "Tally seemed the most appropriate option for Rackbank. But it was also very important for me to access my data from anywhere at anytime. Tally lacked that. I then consulted an accountant at my friend's office, who suggested me to try online accounting software. But these software were not as feature rich as Tally."
Entrepreneurs today are tech educated, but they lack finance education. Accounting is too much maths for them.
If you read Twitter and Quora, you will find that the sentiments of many entrepreneurs are just about the same. Online research suggests that it is mostly Tally vs online software.
These tech-preneurs compared Tally and online software and this is what their conclusions said.
Features are almost the same in Tally and good online players like Xero, Quickbooks, Profitbooks and the newest one, Giddh. You may choose according to your need.
Security is the main concern, right? Tally data is locally stored. It means a Company is only one virus away to loose their data, unless they have created a backup of it.
Cost-wise Tally demands one time purchase cost, plus the maintenance and upgradation. One big plus is that online software will give you free instant support. While you will need to shell a penny in Tally every time their engineer visits you.
Organized stuff feels great. Online software looks beautiful and are way more organized. You might like Giddh, whose UI is quite compelling.
Who cares so much?
Nerds like Narendra and some companies do! They are curious people and they ought to see where their business is going. The good thing is, if you go with online software, you don't need advanced math skills to understand your business numbers. Design also matters and that is why these online software make it look beautiful.
Software their research highly recommends
Xero: You must have heard about this one. You will like the reports, although design could be improved. Features are almost the same, but at a lesser price, which is nice.
Quickbooks: The older and wiser, this, people say, is a really good option. It gives you a feature loaded accounting, but the data looks a bit cluttered.
Some Indian software may also cater to your simple business needs. Like profitbooks, that has a very clean interface. And the upcoming one, which you can try in beta version, Giddh. They are releasing it for a very small price, and by far, their support has been amazing. You will like the orange and the simple look. It generated reports very beautifully and the design of their ledgers seemed eye appealing.
When entrepreneurs start taking this business and Company kind of thing seriously, with the big expenses and receivables kicking in, then you know it is time to pause and think about what you could be using for accounting. Narendra is going to take a day more time to think.
About Walkover:
Walkover is an IT firm specializing in core product development. It recently celebrated its 5th anniversary and is innovating new products periodically. Its product, MSG91, works as a communication bridge between several organizations by providing them enterprise messaging solutions. Walkover is an active member of NASSCOM and IAMAI.
Media contact:
Ankita Chadha
Mediapreneur
[email protected]
+91-9977033971
Walkover Web Solutions Pvt. Ltd.
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