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AlignBooks B2B App Simplifies SMB Management

Cloud-based accounting software solution provider AlignBooks Thursday (July 22) announced a new B2B app that helps small and medium-sized businesses (SMBs) manage their financial operations in one place.

AlignBooks’ new app—which is available on Android and iOS—will allow companies to manage their operations from anywhere around the clock and features integration options with Amazon, payment centers and banks.

It includes tools for procurement, sales, billing, inventory management, point-of-sale oversight and asset management, according to the company announcement. It can also communicate with people who speak multiple languages.

“We launched the app to eliminate the stress of day-to-day operations for MSMEs [micro, small and medium enterprises] and enable them to focus on their core business,” said Anand Jajodia, co-founder of AlignBooks.

The launch of AlignBooks’ ERP App complements the company’s new Partner Sales Network program, which is aimed at expanding its reach into tier-two and tier-three cities and towns in and across India, said Shiv Kumar Gaur, national head of Channel Sales.

AlignBooks announced plans in January to work with ICICI Bank, a private-sector bank, to deliver a digital banking experience for SMBs.

Linking a bank account to the software will help users access automatic reconciliation, offer numerous payment options for customers, offer the ability to do mobile accounting while traveling and allow customers access to their books any time, according to a CRN India report.

The partnership also promises the ability for users to access their accounts offline if an internet connection isn’t available. That activity will then be synchronized automatically once the user can connect to the internet again.

Last year, unveiled three new services that are integrated into its bookkeeping platform and aimed at helping SMBs work more efficiently: R&D Tax Credit, enabling small businesses to capture research and development (R&D) tax credits; CFO Services, an outsourced service connecting SMBs to financial experts; and Extended Services, providing accounts payable and accounts receivable processes.

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