Chit Biz
Chit Biz is a specialized ERP software designed to help chit fund companies automate their daily operations, manage auctions, and track subscriber payments through a centralized digital platform.
Exciteon
Exciteon is a comprehensive digital agency providing custom software development, mobile app creation, and web design services to help businesses automate operations and establish a professional online presence.
Quick Comparison
| Feature | Chit Biz | Exciteon |
|---|---|---|
| Website | chit.biz | exciteon.com |
| Pricing Model | Custom | Custom |
| Starting Price | Custom Pricing | Custom Pricing |
| FREE Trial | ✘ No free trial | ✘ No free trial |
| Free Plan | ✘ No free plan | ✘ No free plan |
| Product Demo | ✓ Request demo here | ✓ Request demo here |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 0 | 2013 |
| Headquarters | Chennai, India | Tiruchirappalli, India |
Overview
Chit Biz
Chit Biz provides a comprehensive digital environment to manage your chit fund business with precision. Instead of relying on manual ledgers or fragmented spreadsheets, you can handle everything from subscriber enrollment and auction management to automated payment reminders in one secure system. It simplifies the complex calculations associated with dividend distribution and foreman commissions, ensuring your books remain accurate and transparent for all stakeholders.
You can monitor your entire business performance through real-time dashboards that highlight pending payments and upcoming auctions. The platform is built to handle the specific regulatory and operational needs of the chit fund industry, allowing you to scale your groups without increasing your administrative overhead. Whether you are managing a single branch or a multi-state operation, the software keeps your data synchronized and accessible.
Exciteon
Exciteon provides a full suite of digital transformation tools and services designed to take your business online. Whether you need a custom enterprise resource planning (ERP) system to manage internal operations or a high-converting e-commerce storefront, you can build tailored solutions that match your specific workflow. The platform focuses on turning complex business requirements into functional digital products that drive growth.
You can collaborate with their team to develop native mobile applications for iOS and Android, ensuring your customers stay connected on the go. From initial UI/UX design to final deployment and digital marketing, you manage the entire lifecycle of your digital presence in one place. It is particularly effective for small to mid-sized enterprises looking to automate manual processes and scale their digital reach without hiring an in-house development team.
Overview
Chit Biz Features
- Auction Management Conduct and record auctions digitally while the system automatically calculates dividends and installments for every subscriber in the group.
- Subscriber Portal Give your members access to their own accounts where they can view payment history, outstanding balances, and upcoming auction dates.
- Automated Collections Track daily, weekly, or monthly collections and send automated SMS reminders to subscribers to ensure timely payments and better cash flow.
- Financial Reporting Generate instant reports for trial balances, profit and loss statements, and balance sheets specifically formatted for chit fund accounting.
- Agent Management Manage your field agents by tracking their collections and automatically calculating commissions based on their performance and group targets.
- Multi-Branch Support Oversee multiple branch locations from a single admin account with centralized data storage and branch-specific permission levels.
Exciteon Features
- Custom ERP Development. Streamline your entire business operation with a centralized system built specifically to manage your unique data and workflows.
- Mobile App Creation. Reach your customers anywhere with high-performance native iOS and Android applications tailored to your brand identity.
- E-commerce Solutions. Launch a professional online store with integrated payment gateways and inventory management to boost your digital sales.
- UI/UX Design. Improve user retention and satisfaction with intuitive interfaces designed to make your software easy and pleasant to use.
- Web Application Development. Build powerful, scalable web-based tools that your team can access from any browser without complex local installations.
- Digital Marketing Integration. Grow your audience using built-in SEO and social media marketing strategies that drive traffic to your new platform.
Pricing Comparison
Chit Biz Pricing
Exciteon Pricing
Pros & Cons
Chit Biz
Pros
- Specialized specifically for chit fund accounting rules
- Automates complex dividend and commission calculations
- Centralized dashboard provides real-time business visibility
- Reduces human error in manual ledger entries
Cons
- Pricing is not transparent on the website
- Interface may feel dated compared to modern SaaS
- Requires initial setup time for group configurations
Exciteon
Pros
- Highly customized solutions tailored to specific business niches
- End-to-end service from design to digital marketing
- Strong focus on mobile-first user experiences
- Responsive communication during the development lifecycle
Cons
- Custom development requires a significant time investment
- No transparent public pricing for quick budgeting
- Limited off-the-shelf products for immediate deployment