Funding
Funding not disclosed
Founders
Product
Problem
Micro, small, and medium-sized enterprises (MSMEs) often struggle with manual financial record-keeping, leading to errors, inefficiencies, and a lack of real-time insights into their business performance. Many affordable solutions lack key features or are difficult to use, hindering effective financial management for these businesses.
Solution
Shopbook is a mobile application designed to help MSMEs efficiently manage their finances by providing tools to track transactions, manage credit, oversee inventory, and generate invoices. The application allows businesses to record cash inflows and outflows, monitor stock levels with low stock alerts, and create professional invoices and bills that can be shared via messaging apps. Shopbook also offers reporting and analytics features, enabling business owners to monitor performance and make informed decisions. Data is backed up to the cloud, ensuring accessibility even if the user's device is lost or damaged.
Target Audience
The primary target audience is micro, small, and medium-sized enterprises (MSMEs) seeking a free and easy-to-use mobile application for managing their finances.
Features
- Cashbook module to track cash in and cash out.
- Credit management system to keep track of credit accounts.
- Stockbook module for inventory management with low stock alerts.
- Invoicing feature to generate and send professional invoices and bills via WhatsApp and SMS.
- Reporting module to monitor business performance with detailed reports and analytical insights.
- Automatic data backup to the cloud.
- Offline accessibility (currently in development).