Busy Infotech: Equipping Enterprises with Integrated and Customized Accounting Software

CIO Vendor The Indian Accounting Software Market is projected to grow at a CAGR of over 14% between 2016 and 2021, with factors such as the rising demand for real-time analysis, increasing online adoption and growing awareness on accounting software, driving this development in India. With accounting being the backbone of every business, many small & medium-sized businesses are now relying on this software to eliminate spreadsheets, streamline operations, boost productivity, and improve the accuracy of their processes. While a reliable accounting system can help preserve data and serve as a time-saving device through automating processes for businesses of all sizes, the heavy costs, complexities associated with system configuration and implementation, need for yearly support and maintenance, loss of data and training requirements present many challenges. Additionally, although accounting software can work with almost any business, some enterprises demand customized functions, where having to tailor generic accounting systems to fit their specific needs further adds to the concerns. Acknowledging and addressing these challenges, Delhi headquartered Busy Infotech Pvt. Ltd brings integrated and customized business accounting software to cater to the specific needs of a wide range of enterprise segments.

Incepted in 1997, Busy Infotech, a subsidiary of Digitronics Infosolutions, was established by a group of computer professionals with the primary objective of providing professional IT services including third-party maintenance of PCs and Peripherals, customized software solutions and turnkey IT projects. The company has since grown by leaps and bounds and has carved a niche for itself in the Accounting Software domain through focusing extensively on the development and marketing of its trademark BUSY Business Accounting Software. This software is designed to be both flexible and scalable, to cater to all aspects of a business’ accounting, ranging from bookkeeping and invoicing to inventory and final statutory compliance. With a strong MIS and exhaustive control mechanisms, BUSY enables small and medium-sized businesses to survey pilferage, avoid common errors and maintain their overall financial discipline.“Small business owners often gravitate towards simple accounting solutions with a low learning curve, that doesn't require any formal accounting knowledge,” reveals Rajesh Gupta, Director, and CTO, Busy Infotech. “Taking these requisites into consideration, the BUSY framework has been designed to understand the needs and the language of the common man as opposed to complicated accounting terms,” he goes on to add.

Redefining Accounting for SMBs
In order to cater to the diverse requirements of the SMB segment, Busy Infotech offers three editions of its BUSY software, i.e. the Basic, Standard & Enterprise variants. While the Basic edition caters to small businesses through providing complete bookkeeping, invoicing, basic inventory and
statutory reports, the Standard edition incorporates additional features for operations such as Quotation/Order/Challan processing, Point of Sale, Batch and Serial No., Parameter wise stock management, and Direct email and SMS facilities. The Enterprise edition, however, is primarily designed for large organizations with multiple branches and large volumes of data. With modules for exhaustive control mechanism, online report viewing, customer inquiry and support, scheme management, material workflow and automatic data synchronization among multiple branches, this software furnishes its users with a host of features that are mandatory for every enterprise.

With a strong MIS and exhaustive control mechanisms, BUSY enables small and medium-sized businesses to survey pilferage, avoid common errors and maintain their overall financial discipline

While an accounting software can work with almost any business, some organizations demand customized functions to meet their specific requisites. BUSY addresses this requirement by providing adequate flexibility to incorporate additional features and integrate with other software applications as well. Offered along with Windows as BusyWin, this software allows multiple possibilities for customization, so as to meet the distinct needs of its users. “We have a team of dedicated and well-trained solution partners that can connect BUSY with any software application to design the solution that the user envisages,” adds Rajesh. Furthermore, in order to help its clients derive the maximum benefits of the software; Busy Infotech also equips them with post-sales training and implementation support services. The training content designed by the company includes courseware, videos, and documents that not only help accountants in understanding the functionality of BUSY but also accounting & taxation concepts that are prevalent in today’s time.

The Road Ahead
Having implemented numerous prestigious projects across Asia, Africa and Middle East in the last two decades, Busy Infotech has built adequate business process knowledge and technical expertise in this domain. The company hopes to utilize this expertise to widen its product portfolio, establish significant partnerships and create a community of software developers, to customize and deliver Busy’s Enterprise Solutions. Busy Infotech also envisions bringing a number of GST Compliance solutions and updates ranging from GST compliant invoicing and managing inward supplies to final GST returns filing, to make every business GST compliant in the upcoming future.