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Embark on a journey through the intricacies of
Ankpal's creation,from lines of code to the cloud

About Client

 

Industry

Finance

 
 

Business Type

Startup

Ankpal stands out as an exemplary cloud-based accounting solution, tailored to meet the diverse needs of businesses across a spectrum of sizes and industries. Whether you're operating a small-scale enterprise or managing the financial complexities of a larger corporation, Ankpal offers a robust set of features and functionalities that empower businesses to navigate their financial landscape with utmost efficiency.

 

One of Ankpal's key strengths lies in its cloud-based architecture. By harnessing the power of cloud technology, Ankpal allows businesses to access their accounting data anytime, anywhere. This not only enhances the convenience of financial management but also ensures real-time collaboration among team members, irrespective of geographical locations.

 

Objective

The inception of Ankpal was spurred by a critical challenge identified by its founder – the cumbersome process of migrating accounting data between Chartered Accountants (CAs) and their clients. The inefficiency of this transfer, coupled with the additional burden of CAs constantly chasing clients for timely data submissions, prompted the need for a solution. In response to this, the founders conceptualized a software that aimed to simplify accounting and compliance processes for everyone involved.

Beyond addressing the data migration issue, the founders envisioned Ankpal as a comprehensive solution that consolidates various aspects of financial management. The software was strategically crafted to bring together accounting, compliance, and inventory management into a unified ecosystem. This vision underscores Ankpal's commitment to providing users with a holistic platform that caters to diverse financial needs, ensuring seamless integration and efficiency across different facets of business management.

Client’s Requirement

  • Requirement 01
    The software should possess robust data migration capabilities, allowing smooth and efficient accounting data transfer between Chartered Accountants (CAs) and their clients. This includes features that streamline the process, eliminating the need for constant follow-ups and ensuring timely data submissions.
  • Requirement 02
    Additionally, the software must offer user-friendly interfaces for both CAs and clients, promoting accessibility and ease of use. Special attention should be given to creating an intuitive dashboard that facilitates a seamless experience for users engaged in accounting and compliance tasks.
  • Requirement 03
    A central aspect of the software's development should focus on creating a unified ecosystem. This involves incorporating comprehensive modules for accounting, compliance, and inventory management, ensuring that all essential financial components are integrated within a single platform. The software should provide versatile tools for managing diverse aspects of financial data, including invoicing, expense tracking, payroll management, and tax compliance.
  • Requirement 04
    Security is paramount in handling sensitive financial information. Therefore, the software must implement robust encryption protocols and authentication mechanisms to safeguard data integrity and confidentiality.

Types of Challenges We Faced

Thin deadlines

As the government norms about compliance change, it was important to match the timeline of development to enable seamless compliance for end customers. The changing government norms and rules made the team work on their toes to make Ankpal a complete GST-compliant software.

Multi-layered R&D

To build a perfect ecosystem of accounting, compliance, and inventory, it was also important to do thorough R&D on the product and then develop it accordingly.

Market analysis

To cater to vast markets, it was necessary to learn the vertices on which Ankpal can be implemented. To develop Ankpal as a software for many, it was also important to understand and implement the working culture of the target audience. The target was to serve as many industries as possible, including pharmaceuticals, manufacturing, wholesalers, engineering goods, CAs, etc. To match the expectations of such a vast yet diversified TG, we had to develop various features in the software to meet the demand.

Detailed Documentation

As the competitors were already providing a range of services in the market, it was important for us to come up with something that stood out. The idea here was to make things easy for end users, and hence we were required to undergo detailed documentation to provide seamless services to the client.

Solution We Provided

 

Seamless invoicing

A dynamic platform for invoicing was created, using which end customers can create invoices flexibly in no time.

 

E-invoice and E-Way bills

The team successfully implemented state-of-the-art technology to enable smooth e-invoicing and e-way bills.

 

GST Compliance

With the thorough research and development of the subject, we achieved single-click compliance on Ankpal, including GSTR 1 and GSTR 3b

 

Advanced Inventory Management

To meet the demand of our end customers, we built an advanced inventory management system that includes barcode-, batch-, size-, and attribute-wise inventory management

 

Advanced reports

reports that can help the end user understand the business dynamics and number game. This was done by collating the customer's data within the system. These reports also became helpful in making important business decisions

The Execution Roadmap

We follow a goal-specific development process to deliver the desired results.

 
 
Step 1

Client Consultation and Requirements Gathering

 
 
Step 2

Feasibility Assessment

 
 
Step 3

System Design And Architecture

 
 
Step 4

Prototyping & Designing

 
 
Step 5

Development and Coding

 
 
Step 6

Integration of Cloud Services

 
 
Step 7

Testing and Quality Assurance

 
 
Step 8

Deployment

 
 
Step 9

Client Review and Feedback

 
 
Step 10

Monitoring and Optimization

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12+

Years of
experience

 
 

250+

Happy
Clients

 
 

10+

Countries with
Happy Customer

 
 

100+

Raised by StartupsExperienced
Engineers

 

Key Modules of Solution

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Easy Invoicing

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Accounts receivable and Payable

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GST Billing & Filling

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Inventory Management

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Business Performance Dashboard

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Reporting

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Data Security & Backup

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E-Way Billing

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Manage Expenses

 

The Result

76,000 +

invoices Generated

600+ cr

invoices worth created

150+ cr

E-invoices Generated

1000 +

Companies registerd

 

Tech Stack

Angular

Flutter

Node.js

PHP

 

Testimonials from our valued clients

We bring our experience, expertise, and innovative mindset into every project to deliver the best results.

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