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The unprecedented hike in revenue attributed to company’s much sought-after, GST-enabled and user-friendly inventory, billing and accounting software
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Company has been in an expansionist mood – opening seven new regional offices, 5000 Suvidha Centers and going in for tie-ups and acquisitions in a big way
New Delhi, October 24, 2017: Thanks to GST, Marg ERP, the country’s fastest growing business solution software provider has registered an unprecedented 300 % hike in revenue, this quarter, compared to the same quarter last year.
With the coming of GST, lakhs of small and medium sized enterprises (SMEs), coming under the tax net for the first time are going digital to get GST compliant. Marg ERP, which is a trade specific inventory and accounting solutions provider, has been their first choice to get GST-enabled.
They find Marg ERP best placed to provide them customized business solutions because it takes care of all their accounting, inventory, and business-related needs in a user-friendly and cost-effective manner. This has increased the demand for Marg software and its installation base has increased substantially, especially in Tier II and Tier III cities. In the last three, Marg ERP has helped thousands SMEs and MSMEs get GST-enabled and GST-compliant. This has sent the company’s revenue soaring to dizzying heights.
“Business is booming and it is raining clients. Our revenue in the latest quarter is 300 % higher than last year’s figure for the same quarter. Customer acquisition has gone up by as much as 400% in specific markets. Entrepreneurs have been migrating on a large scale from other software providers and adopting our GST-enabled software. This is extremely gratifying and we expect the upward spiral in revenues to continue in the coming days and months, says an elated Sudhir Singh, Managing Director, Marg ERP. “While our immediate aim is to equip and empower SMEs, MSMEs and entrepreneurs with a GST-friendly software, our long term goal is to facilitate easy of business, make Prime Minister Modi’s dream of ‘Digital India’ a reality and take the Indian economy to new heights, ” he adds.
Marg ERP has, off late, been in an expansionist mood – opening seven new regional offices, 5000 Suvidha Centers, and going in for tie-ups and acquisitions in a big way. The company has augmented its workforce with the addition of 5000 trained professionals. The country’s leading business solution software provider has also set up authorized Marg ERP Service Centerswith the help of local partners, in different part of the country. The company has acquired 1,000 such partners in TIER I and 10,000 partners in TIER II cities.