As GST registered business owners in India, the founders of Treflo realized how challenging it is to manage accounts and to deal with portals that fail at precarious points.
Treflo, a Bangalore-based SaaS startup, today announced the launch of a ‘free GST invoice app’ for MSMEs. Treflo is rolling out the tool for free to reach out to India’s 64+ million MSMEs. To make GST invoices, MSMEs can log in and register their customers by entering their GST numbers. After that, it can be made available to customers on Whatsapp, through email, or via SMS. It also offers inventory updates, which makes it convenient for businesses. MSMEs can save over 70% of their time with this productivity tool.
As GST registered business owners in India, the founders of Treflo realized how challenging it is to manage accounts and to deal with portals that fail at precarious points. That is when the company began developing a solution to automate some of the painful daily tasks and eliminate time-consuming processes.
“For India to reach $5 trillion in economic activity by 2025, MSMEs must be supported, digitized, as they form the backbone of our economy. Our free GST invoice app is one step in this direction. We aim to create a one-stop platform that allows businesses to manage their accounts more efficiently, embrace digitalization, and get insights for business growth, all while monitoring compliances and other activities more easily. With Treflo, we want to offer software and technology solutions for MSMEs, including mobility, artificial intelligence, machine learning, voice-activated digital assistants, among others”, said, Rahul Meena, Founder and Technology Head, Treflo
Commenting on the launch, Ankit Garg, Product Head, Treflo, said, “The biggest hurdle to technology adoption is a poor digital understanding. We have been obsessed with making tools that are so intuitive that they do not require steep learning curves, to ensure ease of use and to reduce compliance time. Having successfully launched B2B enterprise software for some of the very best in the industry, the team’s broad experience in the space makes this ambitious goal very achievable”.
The company also plans to introduce E-way bill automation in November. Treflo’s proprietary technology will make it easy for business owners to create an E-way bill for GST invoices in less than a minute. The company aims to help MSMEs expand and manage their businesses more efficiently with the help of their adaptable Business management solutions. It is also developing technology solutions to fill the void created by the rapid penetration of mobile & internet in India, the introduction of streamlined indirect taxation and compliances in the form of GST, and the growing trend of small & large traders adopting technology.
Source: Business World