How to simplify your business accounting with Open
Read on blog 
Smart Invoicing
Create GST compliant invoices & handle business payments seamlessly
Stay on top of your Account Receivables & Payables
Get a boss-level view of your business account receivables & payables
Easy Payment Reconciliation
Categorise & reconcile your business transactions in a click
Powerful Bookkeeping Reports
Get a top-level view of your business finances with profit & loss, cashflow reports and more
Instant E-way Bills
Generate E-way bills within minutes for easy transportation of your consignments
Instant Invoicing
Sort out your business payments the smart way
GST Compliant Invoicing
Create GST compliant invoices in 2 minutes
Inbuilt Payment Links
Send out invoices inbuilt with payment links for faster payments
Easy Tracking
Track payment status of all invoices in a single dashboard
Range of Payment Options
Get paid faster by giving your customers payment options like NEFT, RTGS, IMPS
Manage account
receivables & payables
Stay on top of your business finances with automated accounting
Share estimates with your business prospects
Generate GST compliant invoices with ease
Easily manage payables and initiate payouts
Create bills and receipts for customers
Tally Plugin
A smart Tally plugin for all your business accounting needs
Simplified Bookkeeping
Enjoy bookkeeping that comes integrated with your banking
Track Payments Easily
Reconcile your customer payments automatically
Insightful Reports
Stay on top of your finances with smart cashflow and profit & loss reports
Powerful
bookkeeping & cashflow reports
Generate insightful financial reports
Got Questions?
Here is our FAQs section to help you understand all about our current account offering
What is automated accounting?
Automated accounting is a feature provided by neobanks/accounting softwares to help business owners simplify accounting. Businesses can
automate repetitive tasks in accounting like data entry, reconciliation, generation of bookkeeping reports, etc.
Automated accounting means that you let technology do mundane yet important accounting tasks for you. This way, you can focus on scaling
your business while the platform/software does all the heavy-lifting for you.
The advantages of automated accounting are many. For example, accuracy of your books of accounts can be improved by doing away with human
errors that are unavoidable in traditional accounting.
The best part is that by automating accounting, you can free up bandwidth for your finance team to focus on your business’s growth.
What are the benefits of automated accounting?
Automated accounting benefits small businesses who spend hours juggling between multiple tasks on a daily basis. The advantages of
automated accounting are:
• Saves time by eliminating data entry for every single accounting transaction
• Reduces complexity & redundancy in day-to-day accounting
• Simplifies accounting with auto-reconciliation & bookkeeping reports
• Improves accuracy of your books of accounts
• Simplifies tax filing for your business
• Improves cash flow management
How Open’s automated accounting system helps businesses?
Open’s automated accounting module is built for small businesses who switch between multiple interfaces for banking, payments,
expense management & accounting.
With Open, businesses can login to one platform to make & receive payments - with multiple payment options. And every single transaction
on Open will be automatically recorded in the accounting section on the dashboard.
As a result, businesses can save countless hours spent on bank reconciliation with UTR numbers. Business owners can also stay on top of all
their account receivables & account payables anytime, anywhere.
To know more, sign up & experience Open’s automated accounting yourself.