How AlignBooks Is Transforming SMBs with B2B App

In response to the Covid-19 pandemic, businesses worldwide were forced to restructure their business models and move to online platforms.

Three-quarters of Indian businesses believe digital adoption is vital to their success, according to HP Asia SMB (small and medium business) Report 2020. As a result, traditional SMBs that are undergoing a digital transformation to revive their businesses are experiencing the impact.

Align Info Solutions, a popular cloud-based accounting platform provider, launched a B2B app in July of this year, recognizing the need for SMBs to be supported. Based on JavaScript, it works on Android and iOS.

Through the app, businesses can see real-time information about their bills and expenses, stock levels, and business performance without logging into the web platform.

When it comes to managing expenses and inventory, they can make more informed decisions. Even without an accountant/CA, they can track GST compliance.

With the integration of the AlignBooks B2B app with Amazon, it is easier to fetch and import e-commerce invoices in bulk. As 1.5 lakh new businesses went digital with Amazon India last year (Source: Amazon SMB Impact Report 2020), this move came as a great relief to small-scale e-commerce merchants.

About the New AlignBooks B2B App

Accounting and ERP software for SMBs, this app simplifies GST, e-invoicing, and other compliance-related tasks. Through the app, accounting professionals and CAs can receive audit rights.

SMBs are able to manage their financial operations 24x7 via mobile devices. From a centralized location, the app can be used to manage multiple branches and warehouses.

This application is free, and it has almost the same features as the web platform. As a supplement to its web-based mobile application, it can work even with poor Internet connectivity.

Depending on their access rights, users can access inventory, POS/retail, purchases, finance, sales & billing, HR/payroll, production, asset management, and job work.

Benefits of the New AlignBooks B2B App for SMBs

The tool has already been downloaded over 10,000 times since its release and is helping businesses streamline MSME operations so that they can focus on their core activities. SMBs are transforming through the AlignBooks B2B app in the following ways:

Easier Payment

Multiple secure payment methods are available via the app. The app integrates with banks and payment centers for mobile accounting and automatic reconciliation. It supports multi-currency options for SMBs who wish to conduct overseas transactions and boosts customer satisfaction.

Faster Invoicing

AlignBooks customers have reported a significant improvement in invoicing speed. E-invoices and e-way bills can be generated at any time by businesses. In addition, emails and texts can be used to send invoices and reminders.

Employee Management

There are also ERP features such as employee dashboards, attendance tracking and management, GPS-based location access, and more. As a result, you do not need to buy extra software to manage attendance and supervise human resources.

Inventory Management

A B2B app provides businesses with access to inventory modules and the ability to track units of goods moving around warehouses, stores, and production floors. You can also create barcodes that can later be scanned with a mobile camera, thereby avoiding the expense of purchasing thermal scanners. You can also define re-order levels to prevent situations with out-of-stocks, such as generating real-time product valuation.

The app also allows for the creation of contacts with unique IDs and the recording of vouchers and transactions.

It also supports multiple regional languages to help Indian SMBs from tier-2 and tier-3 cities expand their businesses.

In conclusion

Align Info Solutions has worked relentlessly to expand its customer and partner base on a pan-India basis since its establishment in 2017. AlignBooks B2B is the latest step in this expansion.

By partnering with ICICI Bank, AlignBooks plans to streamline its digital banking experience.