Sumit Agarwal Making Easy To Manage Business By Vyapar App

Sumit Agarwal is the founder of Vyapar, a smartphone and desktop programme for managing business finances, collecting payments on time, keeping track of inventory, generating GST reports, and more.

Over 100 million people work in India’s MSME sector, which accounts for 45 percent of the country’s manufacturing output. However, the majority of them continue to use outdated methods such as printing bills on paper. Helping SMEs adapt in the new world of digital accounting is a business opportunity in and of itself. Sumit Agarwal, a Bengaluru-based entrepreneur, saw this possibility while working for Intuit’s QuickBooks, a small company accounting software package.

Sumit decided to embark on a quest to provide MSMEs with streamlined accounting and inventory management solutions with just Rs 8 lakhs in savings. Vyapar, a simple company accounting and inventory management programme for small enterprises, was founded by him in 2016.

Vyapar is the most user-friendly accounting and inventory management software. Their mission is to make it simple for any business owner to manage his accounting and money, even if they have no prior accounting experience.

Vyapar makes it simple for any business to become digital by assisting them in keeping track of their receivables and payables, managing their inventory, sending customised invoices, viewing business success reports, being paid on time with ‘Payment Reminders,’ and much more.

Vyapar is a one-million-strong community of MSMEs that can’t envision going back to pen and paper once they’ve made the switch. As a result, Sumit wants to help other SMEs go digital and expand their client base.