Deskera, a leading cloud-based business software provider, is eyeing the Rajasthan SME market with its GST-ready software suite which is beneficial to businesses in India as they get ready to implement the Goods and Services Tax (GST). The tax reforms would come into force by April 2017. With hands-on experience of tweaking its GST-ready solution to suit different needs of different countries at a price that is affordable to SMEs, the company aims at gaining a strong foothold in the Rajasthan SME market, with top clients expected to come from textiles, garments, marble and granite, cement and jewelry manufacturers. Besides manufacturing, Deskera products can fulfill the requirements of companies engaged in trading, distribution, engineering, building and construction.
Rajasthan is an SME hub, engaging largely in industrial and manufacturing activities. According to the Rajasthan Chamber of Commerce and Industry, the total number of SMEs in the state is around 3.35 lakh with total investments at Rs. 11,000 crore. They provide employment to more than 14 lakh people in the state. There are more than 750 textile manufacturers and over 700 marble and granite manufacturers spread across the state who play a crucial role in the state’s economy.
“We are the first cloud-based software provider to have a GST-ready business software suite in India. We can help enterprises make the shift towards GST seamlessly. Our cloud-based enterprise resource planning (ERP) helps SMEs migrate to an integrated cloud platform, thus enhancing productivity and promoting the government’s ‘Make in India’ mission,” said Somesh Misra, Co-founder and VP Operations, Deskera.
The move is indeed strategic given that the landmark law reform is expected to sweep India, leading to rising demand for relevant IT products to help companies adopt GST. According to Misra, there is huge potential for aggressively pushing software penetration in the state’s industries. Deskera is looking to help make businesses simpler, more user-friendly and automated, thus enhancing operational efficiency.
In line with the Rajasthan government’s endeavor to encourage and give a boost to the SMEs in the state and create a favorable environment for them to attain global competitiveness, Deskera is doing its bit to aid Rajasthan in its efforts to contribute to a Digital India.
“Our products are already being used in GST-compliant countries like Singapore and Malaysia. All we need to do is to configure the rates and we are ready to go. Switching to Deskera is easier and advantageous for a manufacturing company which has its financial data stored in a legacy financial software. It need not worry about its transition to GST as Deskera will seamlessly integrate the legacy data with the new structure which is GST-ready. This will ensure a smooth transition,” said Misra.
From production planning and process scheduling to quality, compliance and inventory control, Deskera products reduce total costs by obviating dead stock; gain real-time peek into every stage of the production process and managing resources. Deskera takes care of all day-to-day business functions such as finance, inventory, customer service, payroll, recruitment and projects with an integrated suite of cloud-based ERP, MRP, CRM, PM and HRMS. The software suite is compatible to and can support all modalities of the GST. All one needs in order to access information on the go is a web browser and Internet connection.