The chit fund software assists a company in effectively managing and keeping track of chit members, in turn, a chit group, and the money flow in both directions. Using this software, a company can create and edit profiles of their customers, i.e., the chit members, maintain the financials involved, and the auction records.

Chit Fund Software provides the following benefits to its customer:

• The data can be accessed from anywhere in the world.
• Mobile apps to monitor the receivables and to make collections from the customers.
• Bluetooth printers can be configured to give a print out to customer for the receipts.
• Can communicate with the customer about auctions, payments, and receipts using SMS, Email, and push notifications from apps.
• Receipts received from clients can be tracked by using geo-location-based mobile apps so that you can track the collection accurately.