GenieBooks

GenieBooks, developed by Dandelion Technologies Pvt. Ltd., is an integrated platform designed to simplify and automate financial planning, accounting, and operations for small and medium-sized businesses. According to the vendor, GenieBooks caters to finance managers, directors, owners, accounting professionals, and small business owners across various industries.

Key Features

Record: According to the vendor, GenieBooks provides a single platform to record all business transactions, simplifying the process of financial planning, requisitions, delivery, payables, and receivables. The platform's automation engine is designed to handle transactions of any size and complexity.

Track: GenieBooks allows businesses to track every single business transaction in real-time, offering high visibility and transparency. The platform enables transaction tracking, inventory tracking, ledger tracking, and payment and accounts receivable tracking. Managers can monitor key performance indicators (KPIs) and receive alerts and notifications for important transactions.

Reporting & Analytics: GenieBooks offers reporting capabilities that provide insights into financial transactions and business operations. Users can access enterprise dashboards, analytical dashboards, invoice and voucher reports, registers, HR payroll reports, and financial reports. The vendor claims that these reports offer actionable insights for data-driven decision-making.

User-Centric Platform: GenieBooks is designed with the user in mind, offering a simplified and intuitive user experience. The platform features dashboards that provide a quick snapshot of business parameters and allow for deep-dives into detailed insights. GenieBooks ensures data security and privacy through user and role-based access. It also supports cross-channel accessibility for convenience and flexibility.

Automation of Business Operations: According to the vendor, GenieBooks helps automate repetitive and tedious tasks in accounting and operations, improving efficiency and minimizing errors. The platform offers automation features such as data migration, direct GST filing, procure-to-pay, quote-to-cash, connected banking, and auto salary verification. The vendor claims that these features help businesses save time and effort.

Custom Accounting Entries: GenieBooks allows users to create custom accounting entries, enabling them to record and manage various types of transactions easily. The vendor states that this feature enhances flexibility and adaptability to specific business needs.

Real-Time Transaction Visibility: GenieBooks enables businesses to track transactions in real-time, ensuring up-to-date information on payables, receivables, and inventory. The vendor claims that this visibility helps businesses make informed decisions and respond quickly to changing market dynamics.

Efficient Fixed Asset Management: GenieBooks simplifies fixed asset management by providing a comprehensive system to track and manage assets. Users can easily record asset details, track depreciation, and generate reports, ensuring accurate financial reporting and compliance.

HR and Payroll Recording: The platform includes features for HR and payroll recording, streamlining the process and ensuring accurate and timely salary calculations. Users can easily record employee details, track attendance, manage leaves, and generate payroll reports, according to the vendor.

Connected Banking: GenieBooks offers seamless integration with banking systems, enabling businesses to reconcile bank transactions and automate bank feeds. The vendor claims that this feature simplifies the reconciliation process, reduces manual effort, and ensures accurate financial records.