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.

person-image border-img

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

  • 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.
  • 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.
  • 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.
  • 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.
person-image

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

execution-rodamap

Explore Innovative solutions with Iconflux through 500+ successfully expecited project

Gain the expertise of a dedicated team of developers and Creative Designers from IConflux to meet your objectives. Start your project within 48 hours.

12+

Years of experience

250+

Happy Clients

10+

Countries with
Happy Customer

100+

Experienced Engineers

 

Key Modules of Solution

key-modules-solution-icon

Easy Invoicing

key-modules-solution-icon

Accounts receivable and Payable

key-modules-solution-icon

GST Billing & Filling

key-modules-solution-icon

Inventory Management

key-modules-solution-icon

Business Performance Dashboard

key-modules-solution-icon

Reporting

key-modules-solution-icon

Data Security & Backup

key-modules-solution-icon

E-Way Billing

key-modules-solution-icon

Manage Expenses

 

The Result

 
 

76,000 +

invoices Generated

600+ cr

invoices worth created

150+ cr

E-invoices Generated

1000 +

Companies registerd

 

Technologies We use

flutter-icon angular-icon node-icon mysql-icon

Here's What Our Client Has Got To Say

Our association with IConflux has been very fruitful. Together, we have worked on a number of projects for the UAE government and the private sector. Taking a step further in our professional relationship, we recently became their exclusive technology partner.

profile
Nabil Azar

Co-Founder @ ACIS Information Technology

The Iconflux team has been instrumental in turning my vision into reality while making it seem extremely easy and effortless. They are available to answer any questions and are quick and efficient to fix any bugs or issues. In addition to their strong work ethos, their advice and guidance was key to make my product up to date in today’s market and future markets. Finally, they deliver on time as promised.

profile
Juliana Khalaf

Co-Foucer @ Asala Art

The IConflux team has helped me to scale up a very complex project and the team is continuously adding more value to the project, they are quick in understanding requirements, communicating and delivering quality & accurate work.

profile
Brian Cardinale

Principal Consultant

I chose Iconflux because, after quite some research, I simply could not find any other provider that offered all the tools I needed to create a Music App. Iconflux showed a deep understanding of the technological challenges of building a native IOS and Android App. The process was smooth, on time meetings, progress updates and quick follow up on support. Great company, certainly recommended!

profile
Willem Zevenbergen

President @ Tracx System Ltd

I am thrilled with IConflux's exceptional development services. Their expertise, responsiveness, and commitment to delivering high-quality results are impressive. They created a robust, user-friendly software solution that revolutionized each industry's operations. I highly recommend them for top-notch software development services.

profile
John Ragsdale

CEO @ TAP Innovations

More Case Studies

globe

Club Community App

Unifying the Gujarati Community Across UAE: A Dyna...

globe

Wearable Computer Application Development

Essence of warehouse management with the smart and...