Deskera, a cloud-based business software provider, is eyeing Rajasthan SME market with its GST-ready software suite beneficial to businesses as India readies to welcome the Goods and Services Tax (GST) by April 2017. With hands-on experience of tweaking its GST-ready solution to suit the diverse needs of different countries at a price that is affordable to the 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 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 INR 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 the landmark law reform expected to sweep India with demand for relevant IT products to help companies take the leap in favor of GST expected to shoot up.
According to Misra, there lies a 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 towards Digital India.
“Our products are already being used in GST-compliant countries like Singapore and Malaysia. All we need 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 any 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.