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OkCredit

Brand: OkCredit Psi Phi Global Solutions

  • 4.3

  • 14 Ratings & 10 Reviews

Designed for small businesses to manage their financial transactions, track payments, and simplify reconciliation processes.

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OkCredit Software Overview

What is OkCredit?

OkCredit is a user-friendly digital accounting and bookkeeping software tailored for small businesses and merchants. It helps users effortlessly track sales and purchases, manage outstanding payments, and maintain accurate financial records. This Reconciliation Software eliminates the need for traditional paper-based bookkeeping, enabling businesses to digitize their transactions and streamline their accounting processes.

With features like payment reminders, transaction categorization, and detailed reporting, OkCredit simplifies financial management and enhances transparency. Additionally, it offers a reconciliation feature that helps users match their recorded transactions with bank statements, ensuring accuracy in financial reporting.

Why Choose OkCredit Software?

  • User-Friendly Interface: Simple and intuitive design for easy navigation, making it accessible for all users.
  • Completely Free: No monthly fees, allowing small business owners to manage their accounts without financial burden.
  • Secure Data Management: Ensures that only you have access to your data, providing peace of mind regarding privacy.
  • Automated Payment Reminders: Sends timely reminders via SMS and WhatsApp to help collect outstanding payments efficiently.
  • Digital Ledger Management: Replaces traditional paper account books with a digital solution, reducing clutter and improving organization.
  • Multi-Language Support: Available in 11 languages, catering to a diverse user base across India.
  • Online and Local Backup: Guarantees data safety with regular backups, ensuring your records are always accessible.
  • Real-Time Access: Allows users to view reports and statements anytime and from any device.

Benefits of OkCredit Software

  • Easy Integration: It can easily integrate with various payment platforms, allowing for seamless tracking of digital payments alongside cash transactions.
  • Multi-User Access: It allows multiple users to access the software, making it suitable for businesses with teams that need to collaborate on financial management.
  • Customizable Features: Users can tailor the software to their specific business needs, including customizing categories for transactions and reports.
  • Secure Data Storage: It ensures that sensitive financial data is stored securely, providing peace of mind regarding data privacy and protection against loss.
  • Instant Notifications: Users receive instant notifications for pending payments and transactions, helping them stay on top of their financial commitments.
  • Customer Relationship Management: It helps businesses maintain records of customer transactions, improving customer service and fostering better relationships.
  • Cloud-Based Solution: Being cloud-based, it provides the advantage of data backup and accessibility from any device with an internet connection, reducing the risk of data loss.
  • Versatile Application: Suitable for various businesses, including grocery stores, pharmacies, and service providers.
  • Streamlined Transactions: Digitizes credit and payment transactions, simplifying bookkeeping for small business owners.

Pricing of OkCredit

OkCredit price details are available on request at techjockey.com.

The pricing model is based on different parameters, including extra features, deployment type, and the total number of users. For further queries related to the product, you can contact our product team and learn more about the pricing and offers.

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OkCredit Psi Phi Global Solutions Company Details

Founded Year:  2017

OkCredit is a mobile application that helps micro businesses collect their receivables faster and pay their payables on time. We have more than 30 Lakh (3 Million) MSMEs who use our products actively across India.

Director/Founders Gaurav Kumar, Harsh Pokharna
Company Size 101-500 Employees

OkCredit Pricing & Plans

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OkCredit Features

  • icon_check Collection Reminders
    Automates reminders for pending payments to ensure timely collections and enhance cash flow.
  • icon_check Multi Language Support
    Supports various languages, making it accessible for users from diverse backgrounds.
  • icon_check Reports
    Generates financial reports that offer insights into sales, expenses, and overall business performance.
  • icon_check Customer Management
    Maintains detailed records of customer transactions and interactions to improve customer service.
  • icon_check Transaction Management
    Simplifies recording and tracking of all financial transactions for better financial visibility.
  • icon_check Data Backup at Cloud
    Securely backs up financial data in the cloud, reducing data loss risks and allowing easy access.
  • icon_check Billing & Invoicing
    Creates professional invoices and bills, streamlining payments and enhancing financial documentation.
  • icon_check Receipt Entry
    Facilitates easy entry and management of receipts for accurate expense tracking.
  • icon_check Account Statements
    Provides comprehensive account statements summarizing all transactions and balances for better oversight.
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Watch the demo video to explore key features, real workflows, and how the software fits your business needs.

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OkCredit Specifications

Supported Platforms
Android Android
Devices
Mobile Mobile
Deployment
Cloud-Based Cloud-Based
Suitable For
All Industries
Business Specific
All Businesses
Business Size
Small Business SMBs
Customer Support
Phone Email
Language
English
Training Resources
In Person

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OkCredit Reviews

4.3

Out of 5

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Overall Rating

Based on
10 Verified Reviews

Rating Breakdown

  • Features 4.4
  • Value for Money 4.1
  • Ease of Use 4.5
  • Customer Support 4.3

87% Recommend this Product

Add Review

Pros

  • "Very quick to record entries and share updates with customers."

    Ashley Jun 27, 2025

  • "Very simple interface, even for someone like me who isn’t tech-savvy."

    Harleen KaurFeb 27, 2025

  • "OkCredit makes managing credit and payments really easy. It saves me a lot of time compared to manual books."

    Sam Jan 16, 2025

Cons

  • "It requires internet to update the records, which is difficult when the network is weak."

    Sam Jan 16, 2025

Marina Gregory

Civil Engineer

Industry: Travel & Tourism User since: 1-2 years

4.6

Reviewed on: Feb 19, 2025

Techjockey Verified

“Great App for Small Businesses Like Mine”

I own a small tailoring shop, and this app has made my life so much easier. No more confusion about dues or who paid what. Everything is digital and safe.

Pros

Completely free and very easy to use.

Cons

No export-to-Excel feature yet.

Switched from AutoRek

Reason to switch

AutoRek was too focused on payments, and I needed something simple for managing credits, which OkCredit does really well.

test one

Digital Marketer

Industry: Warehousing User since: 1-2 years

4.5

Reviewed on: Jun 28, 2025

Techjockey Verified

“Digital Ledger that Just Works!”

My father and I both use OkCredit for our shop. It reduced mistakes and made our work easy. Everything is transparent with the customers now, which builds trust.

Pros

Clean design and supports Hindi and other languages.

Cons

Needs integration with UPI for faster payments.

Switched from Gresham

Reason to switch

OkCredit was faster to set up and had fewer ads than Gresham, which I found very annoying.

Pratiksha goriya

Systems Engineer

Industry: E-commerce User since: 1-2 years

4.3

Reviewed on: Aug 12, 2025

Techjockey Verified

“Makes Collections Hassle-Free”

I was tired of calling people to remind them of dues. OkCredit’s automated reminders did that for me. Collections improved, and I get paid on time now.

Pros

Payment reminders save me time and effort.

Cons

Needs better customer support response time.

Switched from Numeric

Reason to switch

Numeric was more accounting-oriented. I needed something simple for credit and collections, and OkCredit is exactly that.

See All OkCredit Reviews

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What is the pricing structure for OkCredit Software?

Pricing details for OkCredit are available upon request at techjockey.com.

Is there a mobile application available for OkCredit Software?

Yes, OkCredit offers mobile applications for both Android devices.

Which operating systems are compatible with OkCredit Software?

OkCredit is compatible with mobile operating systems like Android.

Does OkCredit Software provide a free trial option?

There is no free trial needed, as OkCredit is free to use with basic features.

What is the operational process of OkCredit Software?

OkCredit Software operates by allowing small business owners to record credit transactions digitally, send payment reminders, and manage customer accounts through a user-friendly app, enhancing transparency and efficiency in financial management.

Who can benefit from using OkCredit Software?

Small business owners, merchants, and freelancers looking for efficient financial management can benefit from OkCredit.

Is there a free demonstration available for OkCredit Software?

OkCredit does not offer a formal demo since it is free to use; users can explore all features.

Is OkCredit Software available at no cost?

Yes, OkCredit Software is available at no cost for basic functionality, with optional paid features.

Can I use OkCredit Software offline?

No, OkCredit Software requires an internet connection for full functionality, as it is cloud-based.

Is customer support available for OkCredit Software users?

Yes, OkCredit offers customer support through various channels, including in-app support and help centers.

Can I customize the invoice templates in OkCredit?

Yes, users can customize invoice templates to match their business branding and requirements using OkCredit.

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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.