What is Busy Software?
Busy Infotech Pvt. Ltd. is a software company that provides an integrated business accounting and management solution for Micro, Small & Medium Enterprises (MSMEs). Busy accounting software helps its customers in their financial, GST filing, and payroll needs.
In 1993 the Busy Infotech Pvt. Ltd. started with the idea to empower all types of MSMEs by helping them manage their accounts and other business management processes. It has over 6 Lakhs users and over 1,00,000 installations worldwide. It is one of the leading business accounting software in India.
What is TranZact?
TranZact is a zero-effort Digital Transformation tool that helps in digitizing the entire business process right from Inquiry to Sales & Dispatch. It is not just a Traditional ERP or Inventory Management software but is very much different from them. Because TranZact also provides all the benefits and features of ERP and Inventory Management software like streaming of all business processes, faster documentation, inventory management, and financial assistance.
IIT and IIM graduates founded TranZact in 2017. The main idea behind TranZact is that every Indian SME and Traditional Businesses should take a step forward in Digitalizing themselves entirely. And so they can achieve great fortune. Also, they can contribute successfully to the Digital India initiative of the country.
How is TranZact different from Busy Software?
First of all, I would like to clarify that Busy is more focused on providing Accounting solutions. Many people get confused about the role of Busy software. Busy helps businesses managing their Payroll, GST Reports, Multi-Currency Accounting, Trading Excise Registers, Service Tax & TDS, MIS Reports & Analysis needs.
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Whereas the Enterprise Resource Planning (ERP) software helps manage the supply chain, manufacturing, services, financial and other processes of an organization. ERPs automate and simplify individual activities across a business or organization, such as accounting and procurement, project management, customer relationship management, risk management, compliance, and supply chain operations. So it is not wrong to say that Busy software is more of an Accounting solution. And not like the main ERPs as ERP software are not meant for SMEs.
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Now let’s come to TranZact, so it is also not ERP software. But is known as a Digital Transformation Tool. TranZact offers businesses services like Inventory Management, Document Processing, Batch Management, and also in procurement. TranZact helps in automating and managing all of the business’s core activities. And also in maintaining the proper flow of information among the different departments without any difficulty.
How Busy and TranZact by using together can help SMEs?
Software Companies like SAP, Oracle, Odoo offers ERP and Business Management software as their products and are among the Best software in the world. But there is a problem that it is not suitable for organizations like small and medium scale businesses. Firstly, because the ERP implementation process is lengthy and complex and some extra features of ERPs are of no use for them. Secondly, this software is very costly, so many small businesses are unable to pay for them. So SMEs are left with many other choices which are easy to implement, affordable, and satisfy all their needs. And that is where TranZact and Busy come together to help them out.
- Busy helps businesses in all their Accounting needs which is crucial to them. It is the best alternative to Tally. It also helps in payroll management that Tally does not provide. TranZact helps in the Document Preparation necessary for Accounting as it serves as proof of transaction.
- Busy software is easy to use, and it helps maintain all the year-round accounting and tax compliance-related information data required for Income Tax filings. For TranZact, it helps to provide Chartered Accountants all documents with GST return filing details for the Auditing and Income Tax filling purposes digitally.
- TranZact BI dashboards and other features help business owners to track all the business activities regularly and efficiently. Busy provides the Financial reports required for different purposes. Together with both these reports, it makes the Decision-making process for the owners data-driven and efficient.
- Busy and TranZact can serve as checking tools for each other for matching the balances of Creditors and Debtors of a business. And it can get verified that accounting entries are done correctly or not. TranZact helps, sending payment reminder emails to their debtors, and serves as a medium of conversation among two businesses.
- Busy serves as the best tool for the Accounting Department of SMEs. And which also helps in managing their payroll management needs. TranZact is best for Purchase, Sales, Inventory, and other departments that need information that TranZact offers. And it is the best software which serves as a medium for information flow from one of these departments to other. As it is easy to use and requires no extra learning to use it.
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It is no doubt that software like SAP, Oracle, Odoo are best for big corporations and companies. But software like TranZact and Busy are best for businesses having around 5 to 30 users. Busy for 28 years is serving the SMEs markets for their accounting needs. And is one of the best alternatives for Tally, which is the market leader of this industry. TranZact is one such tool that offers all the features which Busy and Tally doesn’t provide but was earlier prepare on Excel by the businesses. So TranZact is replacing Excel and making the activities done on Excel digital and manageable. Therefore it is right to say that Busy and TranZact together offer all the services which SMEs need from ERP software and are affordable for them to use.
Read More about – How Tally & TranZact together useful for SMEs.