In a manufacturing business, there are many tasks to take care of. As a business owner, you also have to manage daily firefighting. Then there are bigger problems like stock level updates, shortage of stock, dead stock. Sometimes there are planning issues and invoicing is not done properly. This improper documentation leads to financial and accounting issues. All of this impacts the cash flow and company’s overall profit.
In this blog post, we will learn how Busy, business accounting software, and TranZact together can solve these problems for you. We will learn the Busy accounting software features, features of TranZact, and how Busy TranZact integration is one solution for all manufacturing problems.
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 software solution 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. Busy software for chartered accountants is one of the leading business accounting software in India.
What is TranZact?
TranZact is the easiest software to digitize the entire business process right from enquiry to dispatch. TranZact also provides all the benefits and features of ERP like streamlining of business processes, faster documentation, inventory management, and financial assistance. It was founded by IIT and IIM graduates in 2017. The main idea behind TranZact is that every Indian SME and Traditional Businesses should take a step forward in digitizing themselves. Using features such as inventory control in TranZact, and others, they can do this.
How is TranZact different from Busy Software?
Busy is an online accounting software. This accounting software for small business and big businesses, has many features like GST Reports, multi-currency accounting, trading excise registers, service tax & TDS, MIS reports & analysis.
An ERP (Enterprise Resource Planning) software has many applications that an organization can use to collect, store, manage, and interpret data from many business activities. ERP systems cover a huge range of functionalities. Key components typically include:
- Financial Management
- Human Resources (HR) Management
- Manufacturing and Production Planning
- Supply Chain Management (SCM)
- Project Management
- Customer Relationship Management (CRM)
- Purchasing and Procurement
- Order Processing
- Inventory Management
- Sales and Marketing
- Reporting and Analytics
- Compliance and Risk Management
- Business Intelligence (BI)
- Workflow and Process Management
- Integration Capabilities
TranZact is also not an ERP software. TranZact is especially made for Indian SME manufacturers. It helps to digitize more than 80% of your business, that is your processes from enquiry to dispatch. TranZact inventory management, sales and purchase management, production and planning management, help you take complete control of your manufacturing process. Using these you get time to focus on what’s really important, business growth!
Read More about - ERP for SMEs? Think again?
How Busy and TranZact by using together can help SMEs?
Many big companies, like SAP, Oracle etc, offer ERP solutions. These are good, except they are made for big businesses. This means, they are difficult to learn and are expensive. For organizations like small and medium scale businesses need an option that is easy to implement, affordable, and satisfies all their needs.
This is where TranZact and Busy come together to help them out.
Features of busy accounting software helps businesses in all their accounting needs. It is the best alternative to Tally. Advantages of busy accounting software include payroll management that Tally does not provide. On the other hand, TranZact helps in the documentation necessary for accounting, like invoicing and challan creation.
Some people use Busy inventory software but Tranzact inventory management software helps you to take complete control of your inventory. It provides real time updates on all stock movements. This helps to avoid stock outs or dead stock. Thus, Busy inventory management is not a good choice as Busy is made for accounting.
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. Using Busy inventory management software you can manage some parts of inventory management but not all.
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.
TranZact has 5 modules - sales, purchase, inventory, production and planning. It is the best software for information flow from one department to another. It is very easy to learn and can be implemented in less than 14 days.
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Busy And Tranzact: A Complete Manufacturing Solution
Busy is one of the best accounting software for small business, other than Tally. If you consider buying an ERP it will cost you more compared to getting Busy accounting software price and TranZact price added. TranZact offers all the features which Busy and Tally don’t provide. Usually SMEs have been using Excel for these tasks.
TranZact and Busy are best for businesses having around 5 to 30 users. Together they let you take control from enquiry to accounting.
Read More about - How Tally & TranZact together useful for SMEs.
