What’s the ‘Made for India’ deal? Well, PaisaGate has subtle features that makes it an interesting product, targeted towards Indian consumers.
Given that more than 97% of transaction in India is still cash, what one needs is a solution that can support cash expenses as well as accept inputs using different mechanism.
In terms of features, what PaisaGate offers is support for SMS as well as Email. One can send an ![Logo[3]](http://www.pluggd.in/wp-content/uploads/2010/01/Logo3.jpg "Logo[3]"){kind=logo}
email with expense detail in the subject line as well as sms containing the expense details.
PaisaGate is primarily targeted at entities that involve a collection of individuals and require some form of an efficient expense management solution. The Chennai based startup is also positioning the product as an expense management solution for event organizers, volunteer organizations, non-profit organizations and even micro/small businesses.
Unlike other expense management solutions, PaisaGate allows tighter control over the budget and supports granular access control – owners can add members and limit their spending.
As far as business model is concerned, PaisaGate follows freemium model – i.e. basic service are free and paid services available with added features.
Overall, an interesting solution.
Other products in expense management space:
I really wish they had not used word ‘Gate’! It sounds like another scandal!
HI,
Why dont you think ” BillGates” ?…He is not a matter of scandal after all !
Gate is a threshold for any new experience !
People in media make mountain of a mole-hill and we follow it like asinine creatures ?
+1 watergate, zippergate and then paisagate.
Hi,
Well i think it should sound like paisasms or paisamail because u mail it or sms it by the end of day you can see how much u spended that day
Seems a nice tool, and sms feature is good because once we buyed some thing we can send a sms at the same moment, like other money manager tools where you need to feed the data at the end of day and also internet connectivity is also main.
So Lets see how this service will rock
Thanks & Regards
Sai Pothuri
Intuit Money Manager demands to share your net-banking account info which may not be so reliable considering the identity theft cases that are going on . Moreover we may fall prey to “Nigerian 419″ plot if the net banking account’s info are shared.
Hi,
I’m Vidyuth and I work with Intuit. I wanted to clear the aspersion that we might sell customer data. For the last 25 years, our products have relied on securing customer data and maintaining customer privacy. Over 1000 banks in the US trust us with their customers’ data, so you can rest assured that a “Nigerian 419? will not occur when you use Intuit Money Manager
Thanks vidyut, your answer was amicable and satisfactory. I was not happy with concept of ashiq. Companies of repute like Intuit has good hacker-proof database security. But, what would happen when there is a leak in the security. We can never say that all the database are foolproof/hackerproof. An expert in hacking may get your information atleast.
Sometimes it is felt that too much services offered by Intuit and ArthaMoney may not be necessarily used by the clients. Its like ordering a buffet when u really want is donuts.
Your judgement may be valid, but Intuit Money Manager has been built based on feedback received over 1000 follow-me-homes where we physically observe customers and draw out their key pain points. This seems to bring out our customer’s true needs and we build our solution accordingly. Hence, the solution covers most of the problems that our Indian customers face when it comes to managing their money.
Is Intuit Money Manager based on the mint.com framework or the soon to be discontinued Quicken Online?
For a new user ArthaMoney requests too much information and most of them come under the category of “required” info.On the other hand Paisa Gate registration is a child’s play and any body who has not been able to afford the services of a Full-Time accountant can enjoy PaisaGate’s service
The same is the case with Infor Expense Management. Too much of info is on platter and how can we afford to fill up the form when one of the objectives of using expense management service is to save TIME too.
I tried this paisa gate from past 3 days, and found few problems
1) the sms message will not get updated in the paisagate personnel page
2) Basically the transaction will be listed as unvalid and we need to select the transaction and click on valid button, but when tried its not successfull
3) Already mailed to the team regarding this validation problem, and got reply that there was a bug and they are in process of solving it and yet still facing problem in validating the transaction
Thanks & Regards
Sai Pothuri
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