New Delhi, Wednesday, 2nd December 2020: India's fastest growing fintech start-up, Khatabook, launched a new employee management platform, Pagarkhata App. The app helps MSMEs to digitally manage workforce-related tasks like monthly/hourly wages, attendance/leaves, payslips, salary calculation, payment, and more. Pagarkhata is the third digital offering by the company for India's MSME segment, with others being the flagship Khatabook app for digital bookkeeping and MyStore app for creating an online store for digital selling.
Pagarkhata app is equipped with a user-friendly interface available in 13 languages, enabling hassle-free access for business owners across linguistic backdrops. The app is currently available on Android and will soon be released on iOS. With its salary management and attendance tracking functionality, Pagarkhata is an extension to the core value offering of the flagship Khatabook app's financial management capabilities. Pagarkhata app is already experiencing a high organic penetration in the Khatabook app's user base.
Commenting on the launch, Ravish Naresh, CEO, and Co-founder, Khatabook, said, "Pagarkhata is a step forward for us in our mission to digitally enable Bharat's MSMEs. Employee management platforms are not a new concept for the digital world. But till now, such platforms only catered to the requirements of organized businesses and corporates. Merchants like small Kirana stores, salons, electric shops, too need digital solutions to manage their workforce. Pagarkhata app is the digital solution for MSME's workforce management requirements with the mobile-first approach and a simple user interface exclusively designed for the requirement of the segment."
With the Pagarkhata app, the businesses are likely to save time on managing and maintaining employee records, speed up the payment cycles for individual employees, reduce disagreements, eliminate human errors in wage calculations, digitally pay salaries and streamline many such activities related to staff management. The app aims to organize the MSME ecosystem in India by bringing in a structure to the daily operations and positively impacting the productive output.