Being in the domain for two decades, we always understand things from the customer’s perspective. This has helped us to create simple and easy GST offering that can create EASE to adopt, says Sudhir Singh, Co-founder and Managing Director, Marg CompuSoft Pvt Ltd, in conversation with Elets News Network (ENN).
What specialised GST Solution are you providing?
We kept this as a design principle while building GST. Our offerings are 100% GST-compliant and built to help small entrepreneurs and businesses to become GST compliant from day one.
Apart from pharmaceutical Industry Marg is providing customised solution to jewellery industry, bars and restaurants and others, can you elaborate on this?
As a legacy we’ve always believed in uniqueness of each trade operations. The same needs to be addressed with specific solution. This design principle helped us to build trade specific solution that can address dynamic segment like Pharma, Jewllery, Bar and Restaurants.
To give an insight of Marg jewellery Software, it is easy to maintain different inventories for precious metal or stone. Moreover, there is a provision in which jeweller can set different price rate for different customers, metals or stones which he can update with a single key while billing which helps in saving time. We’ve always created the benefits that will get easily adopted by different trade and it will add up to their business productivity, the same has been done in these three trades also.
It’s been a month since the Government of India launched GST, how do you see the current GST scenario? Has the nation adopted the “one nation-one tax” well?
Yes. We do agree there were teething issues across small businesses and MSMSs. However, these are expected ones as GST is a big change and it’s having confusion only because of less knowledge transfer across.
We’ve always created the benefits that will get easily adopted by different trade and it will add up to their business productivity, the same has been done in these three trades also.
We are proud to say that MargERP is the first product in GST automation space that has completed 100% customers to GST within 14 days since the latter came into existence. Most of our clients appreciated the effort we took for keeping their business continuity going.
We see it as a positive move, while also calculating various challenges ahead in terms of trained manpower and short-term inflationary pressures. The GST in the long-run is believed to boost GDP, simplify trade and generate more jobs.
What is the purpose of ERP Solutions of Marg?
The ERP solutions of Marg helps to automate and integrate critical processes ensuring to track all the entries thus, reduces duplication. In GST, businesses are expected to adopt e-filing for GST tax compliance. Marg ERP solutions will help in equipping your business with an automation software to address this challenge thereby making your task relatively easier and hassle-free.
What new softwares are you planning to launch soon (for education sector)?
We have plan to push MargERP retail software as it is the software which is helping to create employment in huge no’s in all part of country. We are already penetrating the institute, academies and education domain with our comprehensive ERP Solution.