While Anvesha Infotech is a robust company that provides a variety of services such as web design, SEO, PPC, ecommerce systems, and app development, today we’re going to focus on one of the company’s flagship products, the online finance and accounting Enterprise Resource Planning (ERP) module. Broken down into service channels, Infotech allows a client the flexibility to choose how much (or little) their business needs in the way of features. The software has the capability to provide in-depth accounting services, but so much more. Let’s take a quick look at what is included.

Features

The Infotech accounting product offers the choice to either install it on a local machine or access it through the cloud and mobile devices. Regardless of which approach you choose, the following functionality and features apply.

* Bar code integration
* Sales management
* Email integration
* Financial accounting
* Invoicing
* Inventory management
* Report generation
* Employee management

Additionally, the software serves as the gateway credit card processor at the POS (point of sale), and allows the user to manage both employees and customers over multiple locations. More than a simple bit of accounting, Infotech offers the complete vertical integration of programs needed to manage your entire flow of information throughout the company.

Comments

This accounting software is currently deployed across a number of industries such as real estate, banking, wedding, and dating websites, ranging from small mom and pop operations to multinational corporations with offices in multiple countries.

Of extreme importance to most potential clients is price. Anvesha Infotech doesn’t quote a price on its website, and a larger search of the internet revealed no clues in this area. While irritating to some extent, we do understand that the final price may range greatly depending upon the size of company and which particular services they want.

What you can count on is a free trial period of use that doesn’t require a credit card. This allows time to kick the tires and ascertain whether it’s a good fit or not. Though you can purchase maintenance service on a monthly retainer basis, Infotech accounting software is generally purchased for a one-time fee.

The Bottom Line

Anvesha Infotech is an India-based company which was formed in 2012. While there online reviews of the company’s products and services are rare (or non-existent), you shouldn’t let that stop you from taking a test drive if you feel motivated to do so. They do have testimonials and a well-planned website – although there are numerous language issues related to grammar and spelling in the copy. Hopefully, that doesn’t transfer into the software itself. Employing the services of a good English proofreader would likely take care of that problem.

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Busy pharmacists in search of a targeted accounting software solution that addresses the specifics of their business should take a look at ACME Insight. Medicine distribution is a complex business with a critical need to keep tight controls on inventory and know exactly what is on hand. Despite an unfortunate (perhaps) approximation of its name to the same one used by the company Wile E. Coyote relied on in the classic Roadrunner cartoon, we’ll let that slide for the moment. Accounting is serious business and this company understands that.

Features

We mentioned that ACME Insight is targeted at the pharmaceutical industry, but one should not overlook the fact that it works great for others as well. Satisfied customers from the general retail, architecture, grocery, consumer electronics, and other industries are counted as customers as well. Here are some of the main software features:

* Barcode integration for inventories and sales
* Customer and inventory management
* Financial accounting
* Invoice creation and management
* Gift card management
* CRM (this is a big one these days)
* Mobile integration for fast billing and making sales on the fly no matter where you are

Of course, there are more features. Too many to list within the modest goals of a single article. The overall point is that it will likely do whatever you need it to, and there is always the customization option should you discover a missing feature. One thing we like is that ACME Insight, though installed on a local computer, has a full-fledged app for both Android and iOS. Business owners can run multiple companies from the same install also.

Comments

While it’s always a little bit irritating when a software company makes it hard to find a price upfront, the free trial (with no credit card required) makes this decision a little more tolerable. They want you to call a discuss your personal situation before quoting a price. If this is something you can live with, you might want to give ACME Insight a spin. Online reviews report a positive experience and, ultimately, that’s what really matters. If you’re interested, the cost of a phone call and discussion with a company rep is a small price to pay to unlock a tool that could literally be the difference between profit and loss.

The Bottom Line

We should point out that secrecy behind price doesn’t mean that ACME Insight is not competitive in that area. In fact, one review posted by a small business owner complimented the company on being priced so reasonably. Despite its focus on pharmaceuticals, it appears to us that the software is comprehensive and well-designed to meet the needs of almost any capitalistic undertaking.

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Integra Enterprise Resource Planning (ERP) is accounting software and a whole lot more. As the ERP designation indicates, this company specializes in user-friendly applications for any operations ranging in size from a solopreneur to a multinational conglomerate. The standalone product is Integra ERP, but there are many variants to choose from that have been tailored towards specific industries and processes such as retail, production, and distribution. If you’re in the market for a vertically integrated data flow solution, this one might be worth checking out. Let’s take a look at some features.

Features

Included in the standard version of Integra accounting software are the kinds of features we’ve come to expect from industry leaders, including:

* Complete accounting functions
* Customer relationship management
* Warehouse and supply chain management
* HR and Payroll functions
* An intuitive dashboard to control it all
* Inventory and project management
* Purchasing

The Integra software is intended to allow a business to move from a sometimes-confusing spider web of vendors who provide various services to a single point of contact that incorporates complete information flow and manipulation within one service. This industry trend towards unity of process is understandable. Why make things complicated when they could be simple? Integra’s goal is to make interaction with the software so simple for the end-user that it fades into the background. Even those not especially technically adept can get up to speed managing such areas of the business as indicated above in short order.

Comments

There are a couple of ways you can go about trying Integra ERP before committing to pay the $500 one-time purchase price. The company offers a free version which, obviously, isn’t as powerful as the one you pay for. Still, it offers a chance to get a feel for whether or not this is a product with which you feel comfortable. Another option is to take advantage of the full-fledged software through a free trial period in which you can install it and take it for a real world spin just as if you were actually using it to run your business. All the reviews in the world probably aren’t as helpful as a few hours spent under the hood tinkering with it yourself.

The Bottom Line

This India-based company was founded in 1999. Since then, Integra has focused more on quality products than media campaign blitzes. Rest assured you won’t be left to flounder after the initial purchase. For a modest fee, clients can choose to have a representative available on site to show how to get the most from the software. No matter your business or accounting need, they’ve probably got a software to cover it.

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With an IT services history that traces all the way back to 1993, Logic ERP (Logicerp) offers clients a single information solution that includes point-of-sale (POS) and in-store management but also performs accounting, payroll, warehouse, and manufacturing tracking duties as well. The idea here, as explained by company Managing Director Swarndeep Singh to CIO Magazine in 2013 is to provide clients with a single point of contact for all their Enterprise Resource Planning (ERP) needs. In plain English, Logicerp specializes in allowing a business owner or corporation to keep all business processes under one roof and with a single point of contact rather than spread across a handful of vendors.

Keep in mind that the Logicerp software is intended to provide a complete and flexible solution for accounting and much more for companies with multiple offices in various locations and perhaps with a variety of products or services for sale.

Features

Potential customers have the option to choose from the following modules:

* Procurement
* Order processing
* Inventory management
* Warehouse management
* Supply chain management
* Payroll
* Accounting and Finance
* Promotions
* E-commerce and gift card management
* CRM and loyalty
* Point of Sale
* B2B orders

As you can see, Logicerp intends to serve as a single vertically-integrated information solution. Seems like a lot to take on. How well do they achieve this goal? Online reviews seem to indicate a happy customer base so, based on that, it’s probably worth at least a look.

Comments

We sometimes complain when a company doesn’t post obvious pricing, but in this case it’s understandable. The depth and breadth of Logicerp’s product line, and the ability for a client to pick and choose and customize what they need makes it almost a waste of time to try and generate a standard price without a discussion about a company’s specific needs. We’ll give them a break on withholding price.

If flexibility, scalability, and a dedicated problem response team makes a difference, you might decide to consider Logicerp for your information management solution. As with many vendors in this industry, you can take advantage of a free 30-day trial without supplying a credit card number.

The Bottom Line

Perhaps the best way to evaluate Logicerp is by taking a look at some of the mega-brands they have worked with: Disney, Reebok, Calvin Klein, and other clients operating at least partially in India. Logicerp has shown and ability to specialize in maintaining best accounting practices according to the legalities of both the United States and India. While this accounting software would likely work well for a business of any size, its track record does show a preference to provide solutions for large business concerns.

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The one consistent factor in the accounting software industry is change, and Marg ERP has positioned itself squarely ahead of the curve to cash in on the recent trend of providing one-stop Enterprise Resource Planning (ERP) to all sizes of businesses. ERP is a catch-all phrase that refers to the idea of integrating all business processes with one vendor. Rather than have separate contacts for POS, inventory managements, financial accounting, customer management, etc, Marg ERP offers a single solution that allows a company to manage all their business information and processes from a single platform.

Features

There are standard sets of features that a full service ERP provider is expected to have, and this software seems to have covered all the bases. A sampling of their offerings:

* Financial accounting and inventory management
* Quality control
* Sales and distribution tracking
* E-commerce (online store)
* Inventory management
* Payroll and HR services
* Warehouse management
* Credit card processing
* Invoicing and work orders

In the final analysis, Marg allows a business of any size to pick and choose which level of service it needs at price points ranging from a basic level of $109 all the way up to the premium edition at $545. While some software vendors charge a one-off fee, Marg clients incur a yearly cost at whichever level of service they have chosen. Considering the reality that you can ditch all your other vendors and replace them with this one solution, an annual charge is not surprising.

Comments

Like most industry leaders, this software is intended to be installed on your computer. There is no mobile or cloud-based integration at present, which might count as a black eye to users who like to interact with their software on the fly and from a variety of locations. Whether or not this is a dealbreaker depends upon personal preference and business processes.

Marg offers a legitimate explanation as to why they’ve avoided the cloud and mobile apps. In a word, security. With data breaches occurring at a mind-boggling rate, there is no doubt that a locally installed software solution is the most secure against hackers and other forms of electronic intrusion. In today’s world, there is a balance that must be found between security and usability, and this company has chosen to focus on the former.

The Bottom Line

Marg software is currently deployed across a variety of industries and has proven its ability to seamlessly integrate production planning, costing, order management, inventory, sales, financial accounting, and more into a single package. With online reviews running strongly in favor of its capabilities, potential customers might choose to test this software through a free trial period with no credit card required.

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This Windows-based accounting solution for small, medium, and large businesses actually does much more than simply keep ledgers balanced. Clients can choose from the flagship product, billing and accounting software, or a variety of sister products tailored to help manage various operations like a restaurant, salon, school, or just about any other small business. With a focus on clean, graphically-based, intuitive interfaces, Hyper Drive Technologies products are easy to start using quickly.

Features

While locally installed to your computer, HDPOS has made it a point to develop both cloud-based and mobile apps to allow customers the convenience of accessing their data from any place that has an internet connection. A sampling of features include:

* Financial Accounting
* Billing
* Inventory management
* Barcode printing
* Customized reports
* Customer management
* E-commerce option to open a web store

In general, HDPOS charges a one-time fee for use of its product rather than a monthly subscription. At the low end is a standalone, single cash register version for $270. Two client versions of the software on a single server runs $640, while cloud service with multiple access points costs $200 for initial setup and $60 monthly thereafter. Additional service modules, like the e-commerce store at $30 monthly, can be added on at any time. You can start out with the basic accounting software and then acquire different services as your needs change or business grows.

Comments

Since confusion in customers is not a good thing, HDPOS has focused on making their software as idiot-proof as possible. As an example, the interface is populated with pictures where practical, rather than long lines of explanatory text. This stands out in a sea of vendors who have shown perhaps an over-reliance on verbiage, which can intimidate and frustrate a new user who may not be a techie.

The Bottom Line

Headquartered in Bangalore, India, Hyper Drive Technologies is a software development company that started in 2005. Where some companies make a passing nod to customer service, HDPOS seem to make a sincere effort to insure the buying and using experience as painless as possible. There are plenty of ways to reach the company (email, telephone, Skype) with your questions, and none of them involve paying an extra fee. If you happen to be a technophobe but know you need a better software solution for your growing business, it might be worth your time to check out HDPOS.

Though the company doesn’t have as long of a track record as other industry players, they have seven offices scattered around India already and a handful of authorized dealers in Africa, Asia, and the Middle East. This product is in English and available for sale globally.

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With more than one million users globally, Tally Solutions offers small, medium, and large businesses accounting software and more. What began 30 years ago as a modest little software company has grown into a full-fledged Enterprise Resource Planning (ERP) resource for individuals and companies around the world. But what’s the bottom line? Is Tally software all it’s cracked up to be on their website? Our assessment is that it’s pretty good but functions better in some situations than others.

Features

With a real world focus on small to medium size businesses, here are some of the standard features you can expect from Tally:

* Financial accounting
* Manage inventory, sales, and purchases
* Integrated banking
* Payroll and HR management

When compared to other popular accounting software, one might notice that the list of features doesn’t run quite as long. That would be a realistic observation. If you need all the bells and whistles of a vertically integrated one-stop solution for your business, Tally might not be the first option. What it does well is provide basic accounting and ERP services, and that might be enough. Many companies find that all the fancy extras they paid for never get used. It’s a good idea to assess exactly what chores you need your software to perform, then compare it to what Tally offers.

Having said that, never let it be said we slandered their accounting features. Anything you need to do in that area is likely to be covered admirably, from AP/AR duties all the way to managing multiple companies within the same software installation.

Comments

Everyone wants to know about price, so let’s mention it here. Tally’s basic software solutions are sold with a perpetual license, which is just a fancy way saying you pay for it once and can use it as long as you like. The Silver Edition, which allows for a single user, goes for $360, while a multi-user license allows for unlimited users and costs $1,080. Add-on services are bundled and billed at a monthly rate that ranges from $72 to $216.

The Bottom Line

Tally accounting software is easy to use and install. The hardware requirements are low so you can run it on older computers without trouble. On the downside, the user interface looks a bit dated and doesn’t necessarily make us feel that we’re getting the latest and greatest. A revamping of the features would be nice, but if your requirements are simply a good accounting system, Tally has you covered. A million users can’t be wrong. As always, try out the demo version to make sure it fits your needs.

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Sometimes you don’t need bells and whistles and hundreds of fancy features with your accounting software. If that’s the case, Profitbooks might be the software for you. Reasonably priced and with all the core features a small business should need, this might be a credible accounting solution. The reality is that many accounting software packages are intended as an Enterprise Resource Solution (ERP) for medium to large corporations with multiple products, warehouses, and manufacturing locations. Profitbooks is less than that, but maybe perfect for you. Let’s dig deeper.

Features

It may be self-evident, but the only features that matter to a small business when it comes to choosing an accounting system are that it contains the ones that it needs. The rest are irrelevant. If you’re a small business, Profitbooks probably has all of what you need and none of what you don’t. Among the included features are:

* Accounts receivable
* Accounts payable
* Invoicing and billing
* Collections
* Expense tracking
* General ledger
* Payroll
* Tax management

Created in 2012 by a company based in India, Profitbooks is currently deployed in large numbers across Sri Lanka, South Africa, and the Middle East, though was created with the English language in order to interact easily with the U.S., Australia, Great Britain, and other western nations. Users may choose to process and make payments in multiple currencies.

Comments

Profitbooks continues the trend toward the cloud and requires no installation to a local machine. While some users have expressed concerns about data security inherent in this method, software companies across all industries have had to choose between the perceived higher risk of offering a cloud and mobile solution versus the traditional download and install route. With more providers choosing the former approach, it seems that the public has spoken. If you prefer locked-down data security over ease of access from multiple devices and locations, there are certainly alternative software providers to be found.

The Bottom Line

Small business owners will probably like the price of Profitbooks. After the free trial, you can choose to pay $9.99 monthly or $90.89 for a year’s worth of service. All accounts comes with the capability to have 10 users access the service. It’s difficult to find any naysayers across the spectrum of online reviews, with most offering four or five star comments. The company has been featured in such publications as PC Mag and The Telegraph’s Indian version. If you’re looking for a modestly priced, rock solid bit of accounting software for your small business, Profitbooks might be the solution you seek.

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Investing can get complicated quickly, a reality that might come back to bite you when tax time rolls around. For India-based investors looking to keep their portfolio and accounts organized, MProfit Investor offers financial accounting software designed with the busy investor in mind, whether they are in-country or an NRI (non-resident Indian). With a full range of integrated features, this software is a one-stop solution for tracking investments. With both a free-version and tiered pricing (which we’ll discuss later), MProfit Investor allows clients to try it out without risking money upfront. Let’s take a closer look at what this baby can do.

Features

In essence, MProfit Investor is a program that gathers asset prices related to your investments and allows you to track your profit and loss (hopefully more of the former than the latter), and easily produce ledgers and reports that show you – and the government – where your accounts stand at any point in time. Here is a more detailed list of features:

* Manage assets such as stocks, mutual funds, insurance products, real estate, precious metals, and more
* Manage multiple individual or group portfolios
* Automatic price updates every 15 minutes
* Generate goals, annualized returns, capital gains, allocation reports and more
* Data stored locally on your computer for maximum security

While this software is already considered a fairly robust financial accounting solution, recent tweaks have made a good thing better. Now it more fully integrates with brokers’ notes and formats, as well as allows you to filter capital gains for intra-day, short, or long-term gains.

Comments

While individual retail investors with simple portfolio needs may download and use a full-fledged version of MProfit, there are three more sophisticated levels of service ranging from $46 (USD) for the Individual+ version all the way up to $146 (USD) for MProfit Advisor. The latter is intended for use by investment, financial, and insurance advisors, sub-brokers, and high-volume professional traders. If you want to get a feel for how the software works, consider trying the free version to see if it meets your needs. Portfolio limits apply for all levels of the software.

The Bottom Line

The obvious benefit to using MProfit Investor software for your investment accounting needs is that it has been designed and created with the investor in mind. This is not traditional accounting software ported over to serve double-duty for those who need a way to manage their investment assets. Obviously, there is no one-size-fits-all solution that applies to every case, but if you need to get your investments organized, MProfit Investor could be worth a trial run.

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