The newly launched platform, touted as a game-changer in the industry, allows businesses to handle invoicing, inventory, and accounting from a single location, automating time-consuming tasks so business owners can focus on growth.
United Kingdom — GIDDH, a technology company focused on developing financial tools for businesses, announced today the launch of its online accounting software designed to simplify financial management for small and medium-sized enterprises (SMEs). The software provides a range of features to improve business operations and help businesses comply with tax regulations.
"Businesses need solutions that simplify accounting while keeping up with changing regulations," said Shubhendra Agrawal, founder of GIDDH.
According to Agrawal, the launch comes in the wake of more businesses moving away from traditional accounting methods. "GIDDH aims to be at the forefront of that change. Many small businesses still rely on spreadsheets or manual processes to manage their finances, and GIDDH sees this as an opportunity to offer a more efficient, secure, and scalable solution," he explains.
"Small business owners often avoid accounting software because they think it's too complex or expensive," Agrawal said. "We've designed our software to be easy to use, affordable, and scalable, making it accessible for businesses of all sizes."
The software includes a wide range of tools, such as invoicing, bank reconciliation, inventory management, and multi-currency support. As Agrawal puts it, GIDDH's platform is built to support businesses in managing their finances securely and efficiently while meeting regulatory requirements.
According to Agrawal, GIDDH's invoicing tools help businesses create and send invoices, track payments, set due dates, and manage reverse charges. The software also allows unlimited user access with customizable roles, providing businesses with security controls to limit access based on date ranges and IP addresses.
"With security a top concern among businesses, especially SMBs, the platform restricts access to financial data by authorizing only specific IP addresses, ensuring that sensitive information remains protected," explains Agrawal.
As Agrawal explains, the inventory management feature helps businesses track products and services in real time, group items, and scan barcodes for quick updates. GIDDH's multi-currency functionality enables seamless transactions in over 100 currencies, with automatic conversion based on real-time exchange rates.
GIDDH also integrates with popular platforms like Shopify, enabling businesses to automate order processing, synchronize payments, and access real-time sales and inventory data. A mobile app for iOS and Android devices provides business owners the flexibility to manage their finances on the go.
The software includes reporting tools such as trial balances, profit and loss statements, balance sheets, and aging reports, which offer businesses a clear view of their financial health. These reports help business owners make informed decisions and ensure accurate, timely submissions to regulatory authorities.
The audit trail feature logs all transactions, allowing users to track changes and maintain accountability for internal reviews and regulatory compliance. The date range security feature further enhances privacy by restricting access to financial data during specific periods.
GIDDH's platform also includes tax calculation tools that align with regulatory requirements, ensuring businesses are ready for tax filing. The software is fully compatible with HMRC's Making Tax Digital (MTD) program, supporting businesses in transitioning to digital tax reporting.
Ashish Yadav, concept creator at GIDDH, said the software is built to scale as businesses grow. "As businesses expand, their business accounting needs become more complex. Our software offers the flexibility to adapt to these changes while ensuring the security and control businesses need to manage their financial data," Archer said.
Those who want to learn more about GIDDH may visit www.giddh.com.
About GIDDH
GIDDH is a provider of online business accounting software designed to help businesses streamline financial management and ensure tax compliance. The platform offers invoicing, bank reconciliation, inventory management, and multi-currency support, with an emphasis on security, flexibility, and ease of use.
GIDDH's online accounting software is now available to businesses worldwide, providing a comprehensive solution for managing finances and ensuring tax compliance. The platform aims to help businesses streamline their operations and improve efficiency while staying up to date with ever-changing financial regulations.
Contact Details:
Business: GIDDH
Contact Name: Shubhendra
Contact Email: shubhendra@giddh.com
Website: https://giddh.com
Country: United Kingdom
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