The days of bahi-khata (a traditional way to maintain accounts including handwritten entries in ledge format) are long gone, it’s the automation era we are living in, and businesses are adopting advanced accounting software as a strategic business move. AI, blockchain, cloud, and other emerging technologies are minimising human errors, and logistic losses while enhancing overall productivity significantly.
From the first accounting software for businesses in the late 1950s and early 1960s, handling the increasingly large volumes of financial data of large corporations to cloud and AI-backed billing and inventory for all businesses (small to large) in 2025, accounting software has itself evolved phenomenally over the decades.
As a business owner, you must know the latest movers & shakers the accounting software industry is going through. Here we are going to explore the same to help you amp up your business potential to newer heights.
We also recommend exploring Marg ERP 9+ as the best accounting software in India with advanced integrations, cloud backups, 7 layered security, and market dominance in the pharma and FMCG sector. Keep scrolling for more.
Top Trends in Accounting Software in India for Small and Growing Businesses
Emerging Technologies: Reshaping Accounting Universe
GenAI, deep learning, machine learning, and natural language processing together are proving game-changers for accounting teams and processes alike. Businesses are using these technologies to automate repetitive tasks, minimising errors and losses, and generate actionable data-based insights.
Small and growing businesses use these technologies for automatically categorising expenses, predicting future cash flows based on historical data, flagging duplicate invoices, and much more. Your team can utilise freed time thanks to emerging tech and focus on strategic analysis and sustainable growth initiatives.
The Cloud Supremacy: The Dominance of SaaS
Cloud-based invoicing and billing software, delivered through a SaaS model has become the industry standard, Business of all sizes SMEs, MSMEs, Startups, PSUs, and MNCs are utilising the cloud platform for flexibility, scalability, and accessibility.
Emerging Cloud Features and Types for Accounting Software India
- AI-powered smart invoice processing including data extraction, matching of invoices, purchases, and reducing manual entries
- Automated bank reconciliation, smart expense tracking, and predictive analytics
- Multi-factor authentication, regular security audits, and real-time data access
- Industry-specific tailored cloud solutions
- Cloud solutions designed with open APIs for seamless integration with other apps
- Optimised for mobile devices (smartphones, tablets, etc.)
Automation for Core Accounting Functions
Small and growing businesses are using automation at a much larger scale including core accounting functions such as invoice processing, generation of financial reports, and bank reconciliations.
Marg ERP, India’s no.1 small business accounting software, provides a wide range of automated features to streamline business operations, including automated invoice generation, inventory management, and payment processing. It also automates repetitive tasks like reordering and sends auto-reminders on WhatsApp, reducing manual effort and potential errors.
Advanced-Data Analytics and Visualisation
Advanced new-age accounting software has evolved into a powerful business intelligence tool. You can leverage it for analysing and interpreting the story behind numbers, tracking KPIs in real-time, extract specific data points to explain the drivers of your business revenue and expenses. Data-empowered reports help businesses make informed decisions for sustainable growth.
Seamless Mobile Accessibility
Mobile and multi-device accessibility is the need of the hour for every business. From taking online orders, advertising, and raising awareness, to scaling your business, you require software that helps you manage business online.
Mobile and user-friendly accounting software helps small and growing businesses to generate invoices, capture receipts, and manage cash flow anywhere anytime. You can explore Marg ERP for its several mobile-friendly features and apps.
Marg ERP provides mobile-accessible features, primarily through its integrated mobile apps, including eRetail, eOrder, eOwner, and eDelivery apps. These apps allow users to manage orders, track inventory, view ledgers, and monitor sales, collections, and GPS tracking on the move.
Seamless Integration Across Apps and Platforms
Seamless integration across apps empowers small and growing businesses to streamline their operations by creating a unified ecosystem where data flows effortlessly between departments. This eliminates data and process silos, reduces the need for repetitive manual data entry, and minimizes the chances of human error.
Whether it’s syncing inventory with sales, aligning marketing campaigns with financial goals, or automating invoicing and order management, integrated systems provide a centralised and consistent view of business activities. As a result, business owners gain real-time insights across departments and functions—from sales and marketing to inventory and finance—enabling faster, more informed strategic actions and improving overall efficiency and productivity.
Enhanced Security and Fraud Detection
Online security threats have become a major cause of concern in a digitised world. Your accounting software must provide assurance for secured data with advanced security protocols in place. Multi-layered protection, multi-factor authentication, encryption, and security audits are some of the features that you should check before buying an all-in-one accounting software in India.
Known for its exceptional security protocols, Marg ERP is your best bet for seamless accounting and invoicing without worrying about breaches. Join Marg users for;
- 7-layer data security
- Secure cloud access
- 28-automated data backups
- Advanced malware protection
- Use access management
- Recovery from backup
- Encryption for secure access
The Emergence of Blockchain Technology
Blockchain technology works on decentralised and peer-to-peer networks. Although it’s in the early adoption stage in the field of invoicing and billing, it has huge potential for maintaining financial records in a secure and immutable manner.
Businesses can use blockchain for real-time auditing, reduce the risk of fraud, and increase transparency in financial transactions. It can significantly impact financial management in future.
Focus on Intuitive UX and UI
There has been a shift in focus for creating accounting software in India with better UX and UI to make it for all business owners and customers. An intuitive and user-friendly billing and invoicing software reduces the learning curve and empowers businesses to manage their finances even without technical knowledge of accounts and finance.
About Marg ERP: India’s Best Accounting Software for Your Business
Marg ERP 9+ is the leading accounting software in India for GST, invoicing, and billing, trusted by over 10 lakh businesses worldwide. Their services span retail, distribution, manufacturing, pharma, FMCG, and more. Their strong pan-India network of 850+ support and sales centres serve businesses of all sizes with a focus on SMEs and MSMEs.
The software provides real-time data syncing, 24/7 auto backups, enterprise-grade encryption, 7-layered security, and much more. Overall, Marg ERP empowers small and medium enterprises to streamline operations, stay GST-compliant, and boost productivity with smart, automated tools built for growth.
Conclusion
These are core trends business owners must know about the evolving nature of accounting software and how to use it to make their financial management seamless, efficient, and safe. Billing and invoicing software with automation saves time and allows you to devote your time to more strategic thinking and crucial decision-making for business expansion and growth. Marg ERP with over 32 years of experience and the mentioned advantages is your perfect software for comprehensive financial management. Try now.
