A New AI-Powered ERP Platform for Growing Businesses

NetAcct Solutions has recently launched Entries ERP, a new ERP software suite built on top of their Entries AI Platform, with the intent to make life easier for startups and SMEs using AI in business management. According to the company, this new platform brings together finance, accounting, payroll, human resources, compliance, inventory, and all other aspects of business management within one unified cloud-based solution.

Addressing the Challenges of Fragmented Business Software

There are various software programs used by many SMEs for accounting, payroll, human resource management, procurement, invoicing, and banking. The use of these independent programs poses risks of inefficiency, delays, and non-compliance due to the need for data transfer or other integrations.

The Entries ERP system is specifically developed to address these challenges through providing a central point where all the business information is stored. Through integration of various business processes, the system will ensure that there is improved visibility in operations without much manual labor.

AI at the Center of Business Operations

The new ERP system runs on Entries AI Platform, which leverages AI technology for automating various processes in business. Capabilities of AI include financial automation, payroll, compliance, reporting, and generating insights about business performance based on real-time data of operations.

As per the company’s claims, the platform offers founders and finance teams with the ability to have dashboards that can help them to monitor their receivables, inventories, payroll costs, compliance, profitability, and other critical metrics in their business.

Designed for Indian Businesses

According to NetAcct Solutions, Entries ERP is specially designed for Indian startup companies and SMEs. The system contains built-in functionality that takes care of all regulatory requirements, like GST, TDS, PF, ESIC, etc. The application is not only useful for Indian companies but also for different types of industries like manufacturing, retail, healthcare, technology, logistics, education, professional services, trading, etc.

Building on Earlier Success

This recent introduction comes after the firm introduced cloud-based accounting software, Entries.ai, where over 30 firms have already jumped on board since its release. The firm has been helping their clients move their accounting records from older software systems such as QuickBooks, citing increased efficiency and financial management in the process.

With the use of Entries ERP system, NetAcct Solutions will introduce their range of ERP services using artificial intelligence into the business processes of their clients.