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Chit Soft

Brand: Smart Global Solutions

  • 4.5

  • 1 Rating & 1 Review

Chit Soft is a web-based software for chit fund management and helps companies manage their accounting, subscribers, agents, auctions, and prizes.

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Starting Price
₹1,000 excl.GST
₹ 1,180 incl. GST

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Chit Soft Software Overview

What is Chit Soft?

Chit Soft is a user-friendly web-based chit fund management software. It is designed for secure and efficient chit-fund operations. It makes a secure database of chit funds, transactions, subscriber data, payments, agents, etc. in a centralized database. The application interface allows users like agents, subscribers, and managers to perform their operations online, access information, and participate in chit-fund activities. It keeps transactions error-free and provides financial records for analysis and reporting. It supports secure data management with password protection and user-friendly operation for those without system knowledge. It provides tools that help manage chit operations for multiple branches with a single dashboard. It comes with mobile apps that help manage tasks on the go flexibly.

Chit Soft supports subscriber and chit-group data maintenance. It integrates various collection machines that help in payment collection instantly and online. It helps receipt and payment processing, includes due updating and auction options, and enables agent and commission tracking. This software has features like member enrollment, transaction management, and SMS integration, and it manages processes to ensure secure financial transactions and easy reporting. Additional features include employee salary management, online access, member and agent management, chit transaction oversight, auction and payment facilitation, accounting, terminal machines for on-spot billing, and detailed reporting in PDF and CSV formats.

Why Choose Chit Soft?

  • Manage transactions: Allows chit fund companies to manage their accounting and transactions, conduct online auctions, and distribute prize money.
  • Check chit-status: Through it, a subscriber can check his/her chit-status, pay online, refer new customers, and earn commissions using the customer app.
  • Collect money: An agent can collect money from subscribers using a collection machine connected to the software and collect incentives from the company.
  • Analyze and send reminders: A chit fund company can send reports, receipts, and SMS alerts to subscribers and agents for payment and auctions.
  • Compliance: Allows a chit-fund company to comply with the legal and regulatory requirements of the chit-fund industry.

Benefits of Chit Soft Software

  • Automation: It saves time and money by automating the chit-fund operations and data entry and reducing manual errors.
  • Customer satisfaction: Helps enhance customer satisfaction and loyalty by providing online payment, status check, SMS alerts, and referral options.
  • Agent productivity: Enhances agent productivity and motivation by providing collection, tracking, and incentive features.
  • Data security: It ensures data security and privacy using encryption, backup, and authentication methods.
  • Business growth: Supports business growth and compliance by enabling multiple branches, users, and legal reports for analysis.

Pricing of Chit Soft

Chit Soft price in India starts at INR 1000 per month at techjockey.com. It has multiple pricing plans and caters to a diverse customer base.

For subscription-related details and offers on premium packages, please request a call back from our product experts.

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Smart Global Solutions Company Details

Founded Year:  2008

Smart Global Solutions provide flexible, reliable, and versatile software tools to manage risk, auditing, and compliance-based activities.

Director/Founders N/A
Company Size 1-100 Employees

Chit Soft Pricing & Plans

BASIC
Key Features
  • Active Group 3
  • Active Customer 100
  • Active Branch 1
  • Mobile Application Customer 100
  • Collection Application 1
  • OTS Fee: INR 2,000

Calculated Price

1000 Exclusive of all taxes
    • Licenses

      Licenses
      Licenses
    • Monthly

      Monthly
      Monthly

Key Features

  • Active Group 3

  • Active Customer 100

  • Active Branch 1

  • Mobile Application Customer 100

  • Collection Application 1

  • OTS Fee: INR 2,000

Chit Soft Features

  • icon_check Member Master Records
    Maintain a comprehensive digital database of all subscribers including their photos, KYC data, and contact information daily.
  • icon_check Flexible Auction Entry
    Effortlessly record monthly auction details, dividend distributions, and foreman commission with automated calculations.
  • icon_check Group Management
    Create and oversee multiple chit groups with varying values, durations, and member limits from a single unified dashboard.
  • icon_check Real-Time Receipting
    Generate professional digital payment receipts instantly upon collection of installments to ensure transparent accounting.
  • icon_check Multi-Branch Support
    Manage operations across several geographical locations with consolidated financial reporting and branch-wise user access.
  • icon_check Staff Mobile Application
    Empower your collection agents with a dedicated mobile app to record field payments and sync data with the office system.
  • icon_check Customer Self-Service
    Provide subscribers with a mobile app to check their payment history, pending dues, and upcoming auction dates on the go.
  • icon_check Secure Data Management
    Data is encrypted and backed up regularly to avoid unauthorized access and loss.
  • icon_check User Friendly
    The software has a simple and intuitive interface that makes it easy to use for anyone.
  • icon_check Cost Effective
    The software offers affordable pricing plans and saves money by reducing manual errors and paperwork.
  • icon_check Access Anywhere, Any Time
    Access the software from any device or use the mobile apps for Android and iOS devices.
  • icon_check Transactions
    Manage all chit-fund transactions, such as collections, payments, auctions, and prizes, with just a few clicks.
  • icon_check Dashboard
    View and monitor the chit fund performance, status, and activities with graphical charts and tables.
  • icon_check SMS Integration
    Send and receive SMS alerts and notifications to subscribers and agents and keep them updated.
  • icon_check Reporting
    Generate and download various reports, such as subscriber list, agent list, and chit group list, for analysis.

Chit Soft Specifications

Supported Platforms
Ubuntu Ubuntu Windows Windows iOS iOS Android Android MacOS MacOS Linux Linux
Devices
Desktop Desktop Mobile Mobile Tablet Tablet iPad iPad
Deployment
Cloud-Based Cloud-Based
Suitable For
Finance Lottery
Business Specific
All Businesses
Business Size
Small Business Startups Medium Business Enterprises SMBs SMEs MSMEs
Customer Support
Phone Email Live Chat
Language
English
Integration
API Integration
Training Resources
Live Online Documentation Videos
Technology
Next Generation

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Chit Soft Review

4.5

Out of 5

img

Overall Rating

Based on
1 Verified Review

Rating Breakdown

  • Features 4.5
  • Value for Money 4.5
  • Ease of Use 4.5
  • Customer Support 4.5

90% Recommend this Product

Add Review

Jayesh

Lead

Industry: Finance User since: 1-2 years

4.5

Reviewed on: Jan 19, 2024

Techjockey Verified

“Good Software”

Pros

Easy to use

Cons

NO CONS

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Chit Soft Alternatives

See All Chit Soft Alternatives

Which operating system does Chit Soft support?

Chit Soft is compatible with Windows, Ubuntu, Linux, and macOS.

Is there any Chit Soft app?

Chit Soft app is available for Android and iOS mobile devices.

What is the deployment type of Chit Soft?

Chit Soft supports Web-based deployment.

How much does Chit Soft cost?

Chit Soft price in India starts at INR 1000 per month at techjockey.com.

Who are the potential users of Chit Soft?

Chit Soft is typically used in the chit-fund industry by chit-fund companies, subscribers, and agents for managing chit fund operations.

Is there any free trial or demo for Chit Soft?

The Chit Soft demo is available for free with techjockey.com.

Is Chit Soft free?

Chit Soft offers a free trial. However, the premium plan with advanced features starts at ? 1000.

How can you download Chit Soft?

Chit Soft installation is not required, as it is web-based. Just open the Setup Wizard to get started.

How does Chit Soft work?

Chit Soft helps automate chit-fund operations, enhance customer satisfaction, improve agent productivity, ensure data security, and support business growth.

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Terms and Condtions

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Users with registered businesses can purchase goods from merchants on the platform to satisfy their business needs. Users are not permitted to utilize any products acquired through the platform for resale, advertising, business, or further distribution.

For each purchase made, users will receive a Tax Invoice (or 'GST invoice') that includes specific details such as:

  • the GSTIN of the user associated with their registered business, and

  • the specified Entity Name for their business.

It should be noted that not all products are eligible for GST Invoice. Only the products displayed by participating sellers with the 'GST-based Invoice Available' callout on the product description page would qualify.

Certain goods and services are not eligible to get a GST Invoice, including items with VAS, i.e., Value Added Services (e.g., Total Mobile Protection/Assured Buyback) and those involving an exchange offer at the time of purchase.

Users must ensure the accuracy of the GSTIN, and business entity name provided for the GST Invoice. Requests for corrections into GST Invoice would not be accommodated by Techjockey.com or any Seller, and any issues arising from user-provided information are the sole responsibility of users.

Techjockey.com is not liable for the GST Invoice or any associated input tax credit. To efficiently claim an input tax credit, users should select the registered place of business address as per the GST authority's data and follow the provisions of the GST Act and rules.

To claim an input tax credit, the delivery and billing addresses must match. Furthermore, input tax credits will not be granted if the delivery address and GSTIN on the invoice are from different states. In case of incorrect GST details provided during the order placement, the order will be canceled automatically.