Udhaar Book is a digital ledger application that enables small businesses to manage their financial transactions, including cash flow, credit, and inventory, through an online platform. The app automates invoicing and payment reminders, improving collection rates and streamlining financial management for over 5 million users.
Funding
$6.1M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
AV+1Founders
Product
Problem
Small businesses often struggle with managing financial transactions, tracking credit extended to customers (udhaar), and maintaining accurate records of cash flow and inventory. Traditional methods are manual, time-consuming, and prone to errors, leading to inefficiencies and potential financial losses.
Solution
Udhaar Book is a digital ledger application designed to streamline financial management for small businesses. The platform enables users to record and track cash inflows and outflows, manage credit transactions with customers, and maintain an updated inventory. It automates invoicing and sends payment reminders, which helps improve collection rates and reduces the risk of bad debt. The application also provides reporting tools to analyze sales trends, monitor stock levels, and gain insights into overall business performance.
Target Audience
The primary target audience includes small business owners, retailers, freelancers, and other merchants who need a simple and effective way to manage their finances, credit, and inventory.
Features
- Digital khata (ledger) for recording all financial transactions
- Udhaar (credit) book to manage credit extended to customers with automated reminders
- Cash book to track business income and expenses
- Stock book for simplified inventory management with low stock alerts
- Invoice book for creating and managing professional invoices
- Sales POS (Point of Sale) feature to record sales instantly
- Staff payroll management to automate payroll, attendance, and salary payments
- Reporting tools to generate insights on sales trends and stock levels
- Option to receive payments from any bank or wallet
- Functionality to earn extra money on easyload, bill payments, and vouchers
- Web interface for access on desktop