Are you still using paper for billing and spending hours in invoicing and accounting with greater chances of human errors?
If you are still doing all these, it’s time to upgrade and shift towards efficient pharmacy billing software. Advanced billing software like Marg ERP understands the nuances of pharma business and offers solutions for efficient management of billing, invoicing, inventory, stock, reporting, e-prescriptions, orders, and analytics through a centralized interface.
Lack of GST Billing Software can Cause Challenges for Pharma Business
- Affects overall business performance
- Enhance the burden of manual calculations
- Human and manual errors
- Lower customer satisfaction that can affect brand image
In today’s passage, we will see why your business needs the best billing software in India and key features to look in a right billing software for your pharma business in 2025 and beyond.
Why Your Business Needs the Best Billing Software in India?
Improved Efficiency and Accuracy
- Automated billing: Generates invoices and bills automatically, saving time and reducing manual errors.
- Streamline Checkout: Speeds up the sales process, reducing customer wait times.
- Reduced Manual Workload: Frees up staff to focus on customer service and other critical tasks instead of paperwork.
Enhanced Inventory Management
- Real-time Stock Monitoring: Track stock levels, helping to avoid stockouts and reduce wastage from expired products.
- Expiry Management: Automatically tracks product expiry dates, which is crucial in the pharmaceutical industry.
- Purchase Order Automation: Generates purchase orders for restocking, ensuring prompt delivery and preventing stockouts.
Better Financial Management
- Accurate Tax Calculation: Calculates and manages complex tax requirements, such as GST, compliance etc.
- Automated Reporting: Generates financial reports for sales analysis, profit margins, and tax filing, providing clear insights into business performance.
- Payment Processing: Handles various payment methods and accurately tracks payment statuses and outstanding balances.
- Audit-Ready Records: Maintains detailed, organised records for every transaction and product, making it easier to meet regulatory and industry guidelines.
- GMP Compliance: Helps maintain records about drug salt content, which is vital for Good Manufacturing Practices (GMP)
Improved Customer Experience
- Faster Service: Quick transactions lead to a smoother checkout process and increased customer satisfaction.
- Better Prescription Management: Integrates with prescription handling to provide accurate dispensing and customer support.
- Enhanced Service: Allows pharmacists to spend more time assisting customers and fulfill fulfilling orders accurately, leading to better service.
Key Features to Look for in the Best Billing Software
GST and Tax Compliance: Your billing software must equip to manage automatic GST calculations, e-invoicing, and generate necessary reports for tax filing and compliance.
Audit Readiness: Digital record-keeping and compliance documentation are crucial for maintaining audit readiness.
Real-Time Stock Tracking: Monitor stock levels, track batch numbers, and manage expiry dates to avoid losses from spoilage or expired products.
Automated Reordering: Receive low-stock alerts and generate purchase orders to ensure a continuous supply of medicines.
Rack Management: Maintain inventory with a rack-wise system to easily locate products during billing.
Fast and Automated Invoicing: Generate error-free invoices quickly, with options for customised formats and multi-mode payment integrations.
Barcode Scanner: Speeds up the billing process by scanning products at the point of sale.
Discount and Price Management: Ability to manage discounts, special offers, and price variations common in the pharma sector.
Integrated Accounting: Simplify bookkeeping, manage accounts payable and receivable, and generate financial statements.
Bank Reconciliation: Easily reconcile bank transactions to maintain accurate financial records.
TDS/TCS Modules: Supports deduction and return filings for Tax Deducted at Source (TDS) and Tax Collected at Source (TCS).
Detailed Records: Maintain detailed records of customer purchase histories and supplier performance for transparency.
Other Key Features
- Customer friendly features like loyalty programs, timely prescription, etc
- Advanced reporting and analytics for actionable insights
- Demand forecasting through analysing historical data to predict demand, production planning, and improve supply chain.
- Integrated system with other relevant systems like accounting software or e-prescription platforms.
- Multi-user access and multi-location support
- User-friendly interface, scalability, data security, and 24×7 customer support
Marg ERP: The Best Billing Software in India for Pharma Industry
Marg ERP stands out as the premier billing software for the pharmaceutical industry due to its comprehensive features tailored to meet the unique needs of pharma businesses. With over 32 years of industry expertise, Marg ERP offers a robust solution that integrates billing, inventory management, accounting, and compliance into a single platform.
Key Reasons Why Marg ERP is the Best GST Billing Software for the Pharma Industry
- GST-Compliant Billing & e-Way Bill Generation: Ensures seamless tax compliance and simplifies the invoicing process.
Marg ERP facilitates one slot update option for new tax slabs and rates announced in GST 2.0 on 3rd September 2025. Call for demo and enjoy GST compliant billing and invoicing software.
- Expiry & Batch Management: Alerts for near-expiry items and manages batch-wise tracking to prevent stock wastage.
- Automated Reordering & Inventory Control: Utilizes sales trends to set smart reorder points, avoiding stock shortages or excess.
- Integrated Accounting & Payment Reminders: Tracks customer payments and sends automated reminders via WhatsApp, SMS, or email.
- Mobile Apps for Sales & Delivery: Offers eBilling and mobile rack management for efficient on-the-go operations.
- Comprehensive Reporting: Provides over 1,000 customizable reports for detailed business insights.
- Trusted by Industry Leaders: Serves over 1.75 lakh chemists and 80,000+ distributors across India.
Marg ERP offers a comprehensive and industry-specific platform to streamline operations and ensure compliance. To know more call for demo or avail 7-days free trial and improve your pharma business with Marg Invoicing software.
