Incorporated in 2012 and based in Pune, Maharashtra, ProfitBooks is a Technology Platform presenting accounting and inventory solutions to small and medium enterprises to improve invoicing, expense management, inventory management, and accounting. In short, it’s a complete accounting software solution.
Since its inception, many companies in over 60+ countries from different business verticals entrust ProfitBooks with managing their operations.
ProfitBooks actively serves enterprise-level clients with the white-label solution and has exhibited effective user engagement with the proven product.
The GoodFirms team speaks with Harshal Katre, CEO of ProfitBooks- a listed GoodFirms software company focused on the performance and growth of businesses in accounting aspects.
Starting with the interview, Harshal mentions that he looks after sales and marketing functions in the company as a CEO.
Further, talking about the idea behind the inception of the software, Harshal cites that every business needs accounting software. Still, unfortunately, most software is very complex to use, and only seasoned accountants operate them.
Ergo, ProfitBooks’ team wanted to change that and thus built an easy-to-operate solution to get the work done, which the business owners find very easy to use.
ProfitBooks is a dominant billing system that helps manufacturers generate professional invoices and get reimbursed faster while estimating financial accounting in the framework. With ProfitBooks, clients can build professional invoices and track outstanding expenses due with fewer clicks.
Using this software, business people can start taking credit/debit cards, net banking, or even wallet payments from their customers. The software sends a payment link with the invoice, and money is deposited directly to clients’ accounts.
The professionals at ProfitBooks have carefully added multiple invoice templates according to the industry type, using which the manufacturers can upload their business logo, show/hide things, or change column names.
Moreover, business owners can capture extra details like vehicle number, salesperson name, etc., using custom domains. ProfitBooks records day-to-day business costs and manages payables.
Besides this, taxes calculated automatically gives businesspeople peace of mind, keeping their accountants happy. The sales reports generated through this software give clients actionable insights to improve the team’s performance and make more profit.
Harshal further mentions ProfitBooks’s cloud-based inventory management system features that automate businesses’ unique workflows and accelerates purchase requisitions. Using this feature, business owners can convert purchase orders to purchases in one click.
The system combines with accounts payable, cash management, and inventory, so entrepreneurs don’t have to enter the same information twice.
The following are its features –
- It quickly creates sales orders and manages the entire order workflow. Business people can fulfill the orders partly and create invoices only for the given items.
- Manufacturers can easily categorize all the orders according to the projects. This way, it becomes super simple to track the fulfillment status of a specific task.
- From acquiring raw supplies to finished goods, one can get complete perceptibility on their development process with ProfitBooks.
- One can also create multiple repositories in ProfitBooks to better track their inventory and determine where to keep the stock while recording a possession or making a sales bill.
- Using this software, entrepreneurs can get an accurate overview of their stocks with a warehouse-wise stock report. Similarly, they can extract any information quickly for making versed decisions.
- It drives cost savings and saves time with procuring process efficiencies by ensuring acquisitions are placed with the preferred suppliers more often.
Thus, having such robust features as mentioned and many others, ProfitBooks gets dubbed as one of the best accounting software at GoodFirms.
In conclusion, Harshal explains that ProfitBooks makes it easy to do ‘sales accounting’ apart from financial accounting. Business owners can produce accounts for their sales executives and allot them a ‘sales role.’ This way, they can track the sales achievement individually.
Harshal explains that ProfitBooks primarily caters to its service to the trading industry. Small-scale manufacturing industries also prefer ProfitBooks for its inventory management functions.
The team always aims for the highest ratings for customer satisfaction and improves the rating; they focus a lot on onboarding customers.
Thus, having read the above information and features shared by Harshal Katra about ProfitBooks, one can also go through the detailed one published at GoodFirms.
About GoodFirms
Washington, D.C.-based GoodFirms is a maverick B2B research and reviews firm that aligns its efforts in finding software delivering unparalleled services to its clients. GoodFirms’ extensive research process ranks the companies, boosts their online reputation, and helps service seekers pick the right technology partner that meets their business needs.
