T-Govt launches cloud-based business automation software 'Accloud' to 20,000 companies

09-11-2020

Hyderabad, Nov 9 (UNI) In an effort to help digitise the Micro, Small and Medium Enterprises (MSMEs) in Telangana, the state government has launched a free license of next generation cloud-based business automation software called ’ Accloud ’ to 20,000 companies here on Monday.

Sapio Analytics, a government consulting firm, brings the software to the companies, while the distribution platform is that of Telangana GlobalLinker, a platform and community for the state’s MSMEs.

The total market value of the licenses distributed free of charge by the state to the business community amounts to 72 million.

Speaking after launching the free software distribution virtually, Telangana Principal Secretary ( IT, Industries and Commerce) Jayesh Ranjan said the free license would be provided on first-cum-first service basis for those (MSMEs) who registered with the GlobalLinker up to 20,000 companies.

The digitization is important to play a key role in the post covid-19, he said this software enables MSMEs to access and manage tools to reduce their expenditure and get safety analytics.

After identifying 20,000 companies and providing free software, Mr Ranjan asked the software providers to conduct training and guide the companies technically on usage of the software.

The service providers should also evaluate on how the MSMEs are using and achieving their goals by using this software, he added.

The state government had earlier signed a Memorandum of Understanding (MoU) regarding this initiative, the IT Principal Secretary said the business automation software, called Accloud, has accounting, sales, purchase and inventory management modules, available on both web and mobile, in English, Hindi as well as Telugu, offering options in vernacular languages.

He said the accounting software which will help local MSMEs in increasing their efficiency and emerge as more competitive among their peers.

Mr Ashwin Srivastava, CEO, Sapio Analytics said that many of MSMEs have no access to technology but they access to customers and with this software it would help many more businesses to digitise their operations and find easy and simple ways to be compliant with GST, while not giving too much time away from the core business.

The software also help the economic revival of the businesses in the state which had been impacted due to COVID and will also help these businesses get better access to government policies in the process, he said.

Mr Srivastava said this is a step by the Telangana government to support the businesses that form the backbone of the economy and for the economic revival and growth.

Mr Amit Pau, COO, Accloud PLC, said we are a technology platform which is empowering SMEs in high-growth markets with mobile first business management tools. Our aim is to build a platform for economic growth and financial inclusion, enabling SMEs to enter the formal economy, creating jobs, driving social wellbeing and promoting global prosperity.

This software would help to increase the productivity of MSMEs businesses significantly and is an unique initiative by the government to work toward revival of the economy, he added.

Mr Samir Vakil, CEO GlobalLinker, said the platform is playing a vital role in helping MSMEs for their business growth.