New Delhi, July 31 -- HostBooks : Small and medium businesses are the backbone of the economy. There is also a massive push from the government to favour this segment. Over the period the scale of business and the dynamics have changed a lot and hence the operational complexities. These business owners have to deal with various challenges in their day-to-day operations. These challenges are resulting from lack of optimum manpower, technical knowhow, lengthy time consuming manual process required to keep a track of their inventory, sales, profit and loss.

Hypothetically, a Kirana owner would find it cumbersome to sell his products, maintain records of the transaction, sales, inventory, file regulatory compliances etc all at the same time....