In a remarkable turn of events, Ankpal Technologies emerged as a shining star, at the Startup Conclave 2023, held as a prelude to the Vibrant Gujarat event. The conclave witnessed a total investment of Rs. 34.5 Cr spread across 11 promising startups.

Ankpal Technologies found itself in the spotlight as one of the 21 approved pitches out of a staggering 358 applications. This recognition underscores the company’s dedication to innovation and its potential to make a mark in the tech and accounting solutions domain for Chartered Accountants (CAs) and Micro, Small, and Medium Enterprises (MSMEs).

Honors from Influential Leaders at the Startup Conclave

The ceremony was graced by the esteemed presence of Hon’ble Chief Minister of Gujarat, Shree Bhupendra Patel, along with Minister of State for Electronics & Information Technology, Shree Rajeev Chandrasekhar, and Minister of Health & Family Welfare, Shree Rushikesh Patel. The support extended by i-Hub Gujarat further added to the celebration.

Expressing gratitude for the overwhelming support, Ankpal Technologies emphasized the pivotal role played by these influential leaders from both the government and the industry. The event served as a testament to the collaborative spirit that propels startups forward in Gujarat.

Revolutionizing Tech and Accounting Solutions

Ankpal’s commitment to delivering cutting-edge solutions for CAs and MSMEs resonated with the audience, earning Ankpal a well-deserved place among the Conclave’s distinguished honorees.

The journey to this achievement began with a rigorous selection process, with Ankpal standing out among hundreds of applicants. This acknowledgment speaks volumes about the dedication and innovation embedded in Ankpal Technologies’ vision.

The team at Ankpal Technologies is now looking ahead to a future brimming with exciting possibilities. With the support and recognition garnered at the Conclave, the company is poised to make a lasting impact in the technology and accounting sector. Ankpal Technologies aims to revolutionize the landscape by providing comprehensive and user-friendly solutions tailored for CAs and MSMEs.

The recognition at the Startup Conclave 2023 serves as a crucial achievement for Ankpal Technologies. The company’s leaders expressed gratitude to all stakeholders involved, recognizing the collaborative effort that contributed to this significant milestone.

Ankpal, a leading provider of accounting software technology, took center stage during the third G20 Finance Ministers and Central Bank Governors (FMCBG) summit, which was held in Gandhinagar, Gujarat, under the Indian Presidency. The world’s largest economies met at this conference to talk about international tax cooperation, financial stability, and global economic strategies. Ankpal’s participation at this prestigious event was to demonstrate our dedication to transforming financial management for small and medium-sized businesses (SMEs) and micro, small, and medium-sized businesses (MSMEs).

Ankpal’s Unique Value Proposition

The unique selling point of Ankpal is that we provide more than just accounting services. It offers a thorough 360-degree financial solution that is ideally customized to the unique needs of MSMEs and SMEs. Among its distinguishing qualities are:

1. GSTR Filing:

Ankpal simplifies Goods and Services Tax Return (GSTR) filing, a critical task for businesses in India. This feature assures that companies can effortlessly fulfill their tax compliance duties, easing the stress brought on by complicated tax laws.

2. Cloud-Based Accounting:

Ankpal gives businesses the freedom to access their financial data whenever they want, from any location, by leveraging the power of cloud technology. Collaboration and data security, two key components of the contemporary company landscape, are improved by this cloud-based strategy.

3. Automation for IT and GST Compliance:

Ankpal advances automation by streamlining operations related to information technology (IT) and GST compliance. So, while making sure they comply with crucial regulatory standards, firms can save time and resources.

A Vote of Confidence from The RBI Governor

Ankpal had the honor of hosting the governor of the Reserve Bank of India (RBI) at their booth at the FMCBG meeting. Through this interaction, the government acknowledged and backed Ankpal’s aim to advance the digital revolution of accounting and compliance. The RBI governor’s visit demonstrated the value of advanced financial solutions that Ankpal provides.

Ankpal’s Vision for the Future

Looking ahead, Ankpal is committed to incorporating banking services into the scope of its offers. With the help of an integrated and effective financial ecosystem, businesses will be able to simplify their financial operations owing to this forward-thinking strategy. Companies can confidently manage their financial demands with Ankpal’s 360-degree strategy, lowering administrative responsibilities and embracing growth potential with greater efficiency and simplicity.

Ankpal demonstrated its dedication to improving financial management for SMEs and MSMEs by participating in the third G20 FMCBG summit. It is well-positioned to have a substantial impact on the financial landscape for small businesses because of its distinctive portfolio of services and a vision for an integrated financial ecosystem. Innovative accounting software like Ankpal is essential in enabling businesses to prosper in an evolving financial environment as the world’s economies continue to change.

Ankpal Signs An MoU With ICAI: Software Available For CAs At Discounted Price

Ankpal Signs An MoU With ICAI: Software Available For CAs At Discounted Price\

We are delighted to announce that Ankpal, a leading accounting software provider, has signed a memorandum of understanding (MoU) with the leading accounting body Institute of Chartered Accountants of India (ICAI), to provide our software at a discounted price exclusively for you. We value every CA’s dedication to the accounting profession and want to support them in every way possible. Find a few glances from the meeting below:

At Ankpal, we understand the unique challenges that Chartered Accountants face daily. The work can be overwhelming, from managing multiple clients to keeping up with the latest accounting standards and regulations. This is where our accounting software comes in, designed specifically to cater to the needs of CAs like you.

Our cloud-based software allows you to access your financial data securely from anywhere, anytime, providing flexibility and convenience to work remotely or manage clients from multiple locations. We also prioritize the security of your financial information with advanced security measures such as two-factor authentication and encrypted data transmission, ensuring that your sensitive data remains safe and confidential.

 

We are honored to offer the Digital Audit feature, enabling CAs to streamline the auditing process, saving valuable time and effort. With our software, you can review financial data, detect anomalies, and identify patterns in minutes. The software will also generate automated audit reports that can be easily customized to fit your needs.

We know that time is of the essence for you, and that’s why our user-friendly interface and ease of use are of utmost importance. Our intuitive dashboard, customizable templates, and automated workflows streamline your accounting processes, saving you valuable time and effort. With our software, you can focus on providing the best accounting services to your clients without worrying about time-consuming tasks.

Our software’s reporting capabilities are another standout feature that differentiates us from other accounting software providers. With just a few clicks, you can generate insightful financial reports and analyses in real-time, providing the tools to make informed decisions for your clients. Our software also has built-in compliance features, ensuring that your financial reports and statements always comply with the latest accounting standards and regulations.

The MoU between Ankpal and ICAI is a step towards providing affordable and accessible accounting software to CAs across India. With this collaboration, you can now leverage the power of Ankpal’s software at a discounted price and enhance your accounting practices. We are excited to offer our software to you at a reduced price, and we hope this will further strengthen our partnership with the Chartered Accountants community.

We are grateful for your hard work and dedication to the accounting profession. At Ankpal, we are committed to providing the best tools and support to enhance your accounting practices and drive digital transformation in the accounting industry. We look forward to working with you and being a part of your success.

Ankpal was officially recognised as a startup and a private company in November 2020 by the Department for Promotion of Industry and Internal Trade. The startup was registered under the financial technology and accounting sector. What this means for the digital environment of India is the incorporation of technology in MSMEs and enterprises, concurrent with the goals of Digital India.

Today, most businesses are compelled to come up with out-of-the-box plans for their growth. The use of technology and AI has increased consistently in 2020 and only slated to grow in the future. The result is financial technology.

Closer home in India, Ankpal is bringing waves of change with their customisable accounting software. Financial technology is not limited to online payments anymore: it is an umbrella term that encompasses a range of services. With Ankpal, businesses can now rely on automated cloud-based accounting software for an accessible, efficient accounting system. The fintech startup has already made it to the finals of Accelerate Bharat 2020.

Accounting in a post-Covid world

The business world is still grappling with remote working facilities, and the lack of business infrastructure is debilitating. Ankpal’s unique selling point is its use of remote servers to resolve additional costs. The startup solves the problem of accessibility with their accounting software. Ankpal provides complete digitisation of the business accounts so that it is only one click away. This quality is especially welcome in the pandemic with the deferral to remote working.

Remote working is now being considered more actively by both small businesses and large enterprises. This scenario promotes the use of accounting software as accessing accounts is not a problem with Ankpal. The startup promises accuracy and inefficiency and has a free trial opportunity that businesses can avail of for 30 days.

Cost-cutting for businesses

The pandemic induced a frenzy in business owners, and people are trying to cope with the recession. In a time like this, downsizing is an important measure. Accounting software allows businesses to minimise additional costs. Financial technology plays a pivotal role in downsizing. The USP of Ankpal is its E-Way Bill generation. This feature cuts down on the additional cost and time on payments.

Digitisation in the Business World

Business in times of technology is becoming increasingly dependent on the internet of things and automation. While the government may have launched the Digital India campaign, digitisation is still a dream. Ankpal is bridging that gap with its paperless system of filing accounts.

The startup has digitised the entire process. The absence of paperwork speeds up the process. Now businesses can store their accounts online. This way, accounting is more user-friendly, and you can allocate the resources you save into your business.

Digital assistance for financial management

Financial management is one of the problems that fintech seeks to solve. With digital assistance to aid accounting, the room for making mistakes is diminished. Auditing is easier with the presence of audit red flags.

Ankpal has unique customisation for Indian users. The software is tailored to include GST filing and has been created in accordance with the Indian economy. They have three plans in place for businesses: Standard, Professional, and Enterprise.

Businesses can opt for the most suitable plans in accordance with their features. The professional plan is their bestseller priced optimally at ₹18,000 per year. It generates 10000 invoices and is accessible to unlimited users. The additional cost of storage is included along with their usual features: inventory management, project analysis, GST filing, and E-Way Bill, among others.

The basic features of all the plans include an automated invoice, document management and access to a convenient mobile app. With every plan, businesses can get a certain number of GSTN companies registered. The renewal of the standard and professional plans are capped at ₹ 8000.

Bringing Startup India to fruition

Ankpal’s end-to-end financial services like bookkeeping, FDI, Tax Filing and GST are innovative and modern. Its services extend to startup mentoring, a key feature that adheres to the goals of Startup India. The startup is highly functional in financial technology, which gives rise to the question: is accounting software the future of accounting? Surely the features of Ankpal’s accounting software make manual accounting sound redundant and time-consuming.

The accounting software does much more than manual accounting could aspire to do. The data is stored in a single source. Ankpal promises data security for businesses and a dashboard that includes necessary checkpoints for a business: bank balance, business workflow, receivables, payables, and more. The software detects any security issue and reports it directly.

The world is slowly adapting to digitisation, and India needs to catch up. Automation is imperative in financial management, and Ankpal uses it to solve accounting problems. Choosing accounting software means staying ahead of the game. With Ankpal’s unique features, achieving this edge over competitors becomes easier with effective financial management.

Ankpal was announced as one of the finalists of Accelerate Bharat 2020 in the financial inclusion sector. This comes after being recognised by the Department for Promotion of Industry and Internal Trade of the Government of India as a startup and private sector company in the financial technology industry and accounting sector.

The startup industry is experiencing a revolutionary change with innovative and transforming ideas. Startups and entrepreneurs have contributed a lot to the economy and society. With unique proposals, they are set to change the view of our country. Most startups are emerging in the technology sector with online-based operations. One such terrific startup is Ankpal. Ankpal is cloud-based accounting software, modifying the way every financial activity is conducted.

Accounting has always been a task for many institutions and organisations. With elaborate and vast data, it can be a great burden. Ankpal is software that aims at making accounting easier for their clients. They claim to provide exceptional security of data and effortless functioning of the accounting system. Ankpal’s software helps you manage your accounts and eradicates any inclusion of paperwork or manual labour.

The founders started Ankpal when they personally started facing problems with tasks like filing of returns, business analytics, and data management. They thought of developing software that would be a common interface between accounting and filing. Both the founders were a part of IT Development and Marketing at Sanket’s former business. They are aware of all the inconveniences faced during managing accounts and thus started Ankpal.

With the world becoming digital in all aspects, the developers of Ankpal thought of making accounting digital as well. One of the advantages that the software offers with its digital facet is the availability of data anywhere and anytime. The user will be able to access the data whenever they want and look through their business transactions.

Features of Ankpal

As online accounting software, Ankpal has a lot in store for companies or institutions that are looking for easier online accounting. Their software is user friendly and easy to work with. Other than that, the software also offers the following:

Reports: The user will be able to generate reports of the financial statements and transactions to present in meetings or for any other purpose.

GST: The reason for its emergence was tax filing. They offer tax compliance services and tax filing services with negligible efforts.

Inventory: They offer inventory management services as well for trading companies.

Dashboard: They have developed dashboards for each user, from where every action can take place.

Receivables: As accounting software, it ensures proper receivable cycles and collections.

Invoicing: Invoice processing and verifying transactions with E-way bills.

Compliance: Pertain to the tax regulations and laws set by the Government.

Expenses: Meticulous recording and management of expenses. They can be categorised as well, with Ankpal.

Pricing Packages on Ankpal

On Ankpal, there are three pricing packages to choose from at your convenience. They aim at making Ankpal approachable in terms of pricing as well. The packages one can purchase are:

Basic (Free): 2 GSTN companies can be registered, and 3000 invoices can be sent. Inventory management and document management up to 10 GB is provided. For renewal, Rs. 8000 have to be paid.

Standard (Rs. 4,999): 3 GSTN companies with 5 multi-state branches can be registered. Basic services like E-bills, automated invoice, GST filing, and document management up to 20 GB is provided.

Enterprise (Get Quote): 5 GSTN companies can be registered, and unlimited invoices can be sent, with unlimited addition of multi-state branches. This package offers all services.

Ankpal uses SaaS-based Accounts and Tax compliance Software for swift recording and maintenance of accounts. It assures to help its users in compliance with GST, TDS, Income Tax, and Company Law provisions.
Ankpal attracts an audience through features like end-to-end financial services, zero paperwork, quick processes, and software suiting the Indian economic environment. Their target audience includes corporate companies, institutions like schools and churches, the construction sector, and all other enterprises where accounting is inevitable.

Ankpal’s accounting software service can be obtained through their official website, where all kinds of packages are available, and information related to every facet can be attained. The software is useful for accountants and CAs, as well. They can assign various companies to their staff using this software. With all financial aspects at reach, Ankpal has been able to stand true to its motive of the establishment.

Ankpal is a team of accounting professionals with 20+ CAs. With basic and advanced accounting services, they even offer bookkeeping, GST consulting, financial analysis, and company incorporation. Over the years, they look forward to making the chore of accounting much easier for every company and contribute to the growth of their client’s business.