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Bangalore- 560100, India
Why this project ?
We started this project for Two main reasons
1) We wanted to give a Powerful tool
2) Provide Unlimited Experience Vs Limited SaaS experience.
1) We wanted to give a Powerful tool
- Which is simple to use and Cost effective , Can Operate even with small teams.
- Same Tool to handle Organization at different stages be it at 10 or 20 employee headcount stage till 20,000 headcount stage.
- Capture most of the organization information and support Decision making.
- Should Make 1x Entity to 2x and with more data should even optimize the entity even further.
2) Provide Unlimited Experience Vs Limited SaaS experience.
The Team
We are a team of Charted accountants and Developers working with a goal to help organizations across the globe.
The team is lead by Mr.Sarath Chandra , a chartered accountant with morethan a decade of experience in Accounts and Finance working with Startups , Midsize , Listed entities of both India and USA.
Why we don’t suggest buying Accounting softwares under SaaS (Rental Model) ?
Under SaaS model (Software as a Service model) , Software provider owns the software and controls the software and Data. You will just access the software through ‘Web Browsers’ like Google chrome , Mozilla etc by entering User ID and Password given by your software provider , you will never own the software nor the Data generated.
However Accounting softwares are ‘Life systems’ for every organizations, you need to maintain ‘Books/Data’ for at least 8 (Eight) years. In case, if any Legal cases/ Notices are pending , then you may have to Keep Books for Even more.
The problem under SaaS is You will loose your Data in any of these situations :
- The moment you stop paying SaaS Rent , you not only loose access, also loose your historical data.
- Even if are paying SaaS Rent regularly, If your Service Provider becomes ‘Bankrupt/ close his business’.
- If your Vendor did not become Bankrupt but has taken ‘Business decision to discontinue’ (For any reason like Not getting expected revenue , Getting losses etc or any reason like Quickbooks Left India).
- Also , under SaaS your Vendor/ Provider wants you to ‘Pay regularly’ but can give only Limited Functionalities, Limits you ‘Usage’ and ‘Experience’.
So we wanted to give ‘Unlimited experience’ and with ‘License Model’ , you own the software and we give Full flexibility to choose where to host(run) your Database and Files. You will control ‘Your Software and Data’. Also this model allows us flexibility to ‘Give more functionalities and can go deeper in any module’.
