Product Introduction
- Overview: Raseed is a comprehensive, cloud-based business management platform designed specifically for small and medium businesses (SMBs) in India. It integrates GST-compliant billing, inventory control, and financial accounting into a single unified system.
- Value: The primary value proposition is operational consolidation, enabling business owners to manage their core financial operations—from sales invoicing and stock tracking to GST return filing and payment reconciliation—from one centralized dashboard, eliminating data silos and manual errors.
Main Features
- Smart GST Billing & E-Invoicing: Automatically generates GST-compliant invoices with HSN/SAC codes, supports e-invoicing (IRN generation), and facilitates seamless E-Way Bill creation directly from the sales order, ensuring full regulatory compliance.
- Real-Time Inventory Management: Offers multi-location stock tracking, low-stock alerts, barcode and QR code generation/scanning, and batch/expiry date tracking, providing complete visibility into inventory levels and movement.
- Automated Accounting & Financial Reporting: Automatically posts all transactions to the general ledger, manages accounts payable/receivable, performs bank reconciliation, and generates key financial statements like Profit & Loss and Balance Sheet, streamlining bookkeeping.
Problems Solved
- Challenge: SMBs often struggle with managing disparate systems for billing, inventory, and accounts, leading to data discrepancies, compliance risks, and inefficient manual processes.
- Audience: This software is essential for retail store owners, distributors, restaurateurs, pharmacies, and other GST-registered small businesses across diverse verticals like FMCG, hardware, jewellery, and textiles.
- Scenario: A supermarket owner can use Raseed to scan items at checkout (POS), instantly generate a GST invoice, update inventory counts, record the payment, and have the sale automatically reflected in the day's accounting records—all in one action.
Unique Advantages
- Vs Competitors: Unlike basic billing apps or legacy desktop software like Tally, Raseed offers a modern, integrated cloud suite with industry-specific workflows (e.g., for restaurants, pharmacies) and direct connectivity to the InfinityHub ecosystem for payroll, CRM, and more.
- Innovation: Its integrated OCR Scanner Software allows users to digitize physical purchase bills instantly, extracting key data to auto-create entries, significantly reducing manual data entry and improving record-keeping accuracy.
Frequently Asked Questions (FAQ)
- What is Raseed software used for? Raseed is an all-in-one business management platform used by small businesses for creating GST invoices, tracking inventory across multiple locations, managing accounts receivable/payable, filing GST returns (GSTR-1, 3B), and generating essential financial reports.
- Can Raseed generate E-Way Bills and E-Invoices? Yes, Raseed's billing module is fully compliant with GST laws and includes integrated features to generate both E-Invoices (with IRN) and E-Way Bills directly from the software, streamlining logistics and compliance.
- How does Raseed help with inventory management? Raseed provides real-time inventory tracking with barcode support, low-stock alerts, batch/expiry management for perishables, and multi-warehouse stock transfer capabilities, giving businesses precise control over their stock levels.