

Prrasanna Ponnalla is the founder and Chairman. A result focused enthusiast and a
go-getter brings more than 20 years of experience across multiple industries
including deep expertise in Information Technology, Interim Management, Program
Management, Strategic Planning, Outsourcing and Organizational Change Management.
Prrasanna has experience in enabling business transformation through technology
and in transforming IT organizations into growth enablers, also developed
comprehensive technology strategies with emphasis on process and operational
Improvements and led strategic global sourcing initiatives for companies to
enable scale, cost savings and building infrastructures to maximize program
outcomes.
Prrasanna has worked in startup organizations, technical sales, product
management, product marketing, and corporate development and has been an
enterprise software executive and entrepreneur.
He is passionate about Photography
(Frames99.com) and Music(NaSwaram.com).
A super passionate professional in Finance. accounting, He is positively focused
about his personal and professional growth.His extraordinary
Communication,interpersonal skills and his methodical approach make him unique in
the company.
He is skilled in:
• Handling overall Indirect Expenses Accounting
• Handling overall Revenue Accounting
• Creditors Management and Payments,Accounting, Ledger Scrutiny.
• Experience to setting up Process of Procurement and accounting
• Forecasting monthly, quarterly and annual results
• Approving or rejecting budgets
• Conducting risk management
Sudhakar Kalakonda a Scientist by profession working in the USA, who was born in India where the world’s oldest scripture is written and preserved. Raised like everyone in India by receiving unconditional Love from parents. Learned secular sciences to survive and support family. Living in the Land of opportunity for close to two decades. In my life really it is a land of opportunity. Because, I was able to meet my spiritual Guru Swami Chinmayananda through his disciple Swami Dheerananda. I learned a lot from my Guru. Purpose of human life is to support each other and exchange talents freely.
Rrajesh Ralabbandi is our amazing startup strategist who is born in Hyderabad, India. Along with his journey of learning about the fascinating dynamics of startup ecosystems, in which startups can prosper. He has also demonstrated great insights in start-up enablement. His orientation towards sales strategies, understanding market pulse and amazing thoughts to attract new scales makes him our key member. He is partnering/assisting with us in enabling few start-ups in our important verticals like Logistics, Apparels and food processing units. He is also a Techie who has worked for few notable top fortune 500 companies till date with an International critical client handling exposure from different geographies. He ensures effective outcome for the organization and projects in different verticals of our future start-up’s. He also has a portfolio of fascinating accomplishments in Information Technology, Sales strategy for infra / Real-estate sector and owns a food start-up as well.
Linga Gudibandla is a CEO of ProInvest Financial Group, he has more than 23
years’ experience as an IT architect with a record of success in the US Federal
Government and private sector. He has demonstrated ability to consult, lead and
manage all aspects of large and small businesses, grow revenue, and lead
profitable delivery of a full range of products and services to customers.
His passion and hunger for knowledge, wealth, and determination to turn
opportunities into action has contributed to his most recent success at ProInvest
Financial Group, where he has helped/helping many people to start their own
entrepreneurial journey and make six figure income part-time.
Linga believes mindfulness in the workplace is key to success and always
interested in a challenge.
Ramachandram Badugu, A scientist and assistant professor was born and raised in rural India and has his loving family in Hyderabad. He completed his doctorate at the University of Hyderabad, worked as a scientist in Japan, and is now an assistant professor of chemistry at the University of Maryland in the US. He has had several scientific accomplishments throughout his career. With his versatile background, he has worked as an editor, peer professional, and more. He shows interest and thinks of possibilities outside-the-box and pursues new intellectual and business enterprises.
Ramesh Banoth, a civil services officer (Indian Police Service), with over 15 years of diverse experience in managing law and order in the state of Karnataka,
Working as Superintendent of Police in Bengaluru city. Ramesh has a successful track record of leading/managing large and complex assignments and he always looks for challenging assignments. Demonstrated exceptional administrative and leadership qualities by conviencing and successfully coordinating and implementing many meaningful social intervention programs. His Multi-sector, multi- functional knowledge with the ability to strategize, formulate and pursue the vision and mission of the organization,balancing the proximate with longer term objective. Ramesh is specialized in leveraging technology in his everyday activities.
Phani Sivaraju, passionate in photography and videography, He is a technology expert works in the USA. His passion for pictures has made him the best photographer in the east coast of the USA, He has developed his personal style that sets him apart from everyone else, This style showcased the direction he decided to take visually in his niche and branding of freshnforever.com one of the top photography companies across the nation.
pending...
LACTS provides best book-keeping services for small-medium businesses. We
specialize in day-to-day accounting functions including book-keeping, budgeting,
and forecasting, accounts receivables, financial statement preparation, etc.
If you are in search of reliable outsourced bookkeeping services, you can put
your faith in us. We provide quality services following the best industry
standards.
As an established online Accounting consulting service, we offer a wide range of accounting services to our clients. It includes a daily tally of paying bills, invoicing customers, posting payments, and making deposits.
• Timesheet Management
• Recording customer receipts
• Keeping track of bills provided to clients
• Supplier payables and bill entries
• Verifying and recording invoices from suppliers
• Preparing financial reports
• Processing employee payments and other related governmental reports
• Monthly Closing & Statutory compliance checklist management
• Monitoring individual accounts receivables
• Recording depreciation and other entries
• MIS Reports (Standard and Customized)
• Review of Business Contracts
• Time Entry in Accounting Books
• Raising Invoices to the Customers
• Generating Payroll with Time Entry hours
• General Ledger
• AR Follow Up & Processing Payables
• Customer, Vendor and Bank Reconciliations
• Periodic Closing of Books
LACTS help companies and individuals understand their Tax obligations, plan and prepare their investments and expenditures accordingly to ensure compliance and at the same time profit maximization. LACTS is adept at preparing Tax Documents and filing them in a punctual, accurate and effective manner. Our team is specialized in tax planning and preparation of the tax plan and ensures both the advice and services that clients receive are precise to their needs.
There are many rules and regulations by the state government on a business, even the central government does impose certain rules. You need to be updated to avoid any complications and we at LACTS will make sure about these terms. Any business does have 2 important facts, such as internal governance and external governance like legal and HR compliances. We will support you during all the audits and inspections. You will receive all the knowledge about legal acts and legislations.
• Advising on tax savings
• Tax computation for Individual or Business
• Suggestions to save tax
• Returns filing for individual and corporate
• Monthly, quarterly, half yearly and Annual returns filings GST, TDS, PF, PT, STPI, SEZ etc.
When you are need of financing assistance, then LACTS could be the best choice for you. Working Capital is very important to run the complete business cycle. Financial assistance does play a vital role in many companies to grow. It is important for a company to know about their financial status before taking any kind of step. When you plan to start a new business or want to expand your business, a financial analysis is important. You cannot go forward without having any knowledge about where your finances would be.
LACTS team coordinate with Banks and other financial institutions to setup the following (based on the availability)
• Line of Credit Setup
• Overdraft Setup
• Working Capital Loans with Banks & NBFCs
• Business Loans
• Mortgage Loans
• Getting Corporate Credit Cards
We at LACTS, do the legal process of forming a corporate entity or company and then do systematic review and assessment of financial information and documents. We understand that every business, company or an entrepreneur needs auditing and advisory services so that the strategies, risks and other things can be assessed and managed. Our advisory services will help you plan and manage your business to its best advantage. Our expert team will give advice on complex issues like business insurance, capital recovery, risk management, business valuation, cost controlling, developing a partnership, filing of local licenses and permits, etc.
• Incorporation of sole trading, partnership and private limited companies
• ESI,EPFO,TAN,GST and other registrations
• Getting Trade licenses, Labour licenses and other business licenses
• Audit of Books, Customer and Vendor ledgers with bills and receipts
• Our team provide you the best advices to manage your business
operations
What is Digital Identity and Governance?
A: Digital identity is information on an entity used by computer systems to represent a person, organization, application, or device.
The system then associates individuals with their respective online identities. Consists of issuing and maintaining tokens (e.g. ID-cards) and certificates with respective information systems, and providing the infrastructure that enables the verification of online transactions.
In short, digital identities are the means with which we prove we are who we say we are in an online context.
The four functions of digital identity are credentials, user information, character information, and reputation.
Some of examples of Digital Identity includes the following:
A digital identity is a set of validated digital attributes and credentials for the digital world, similar to a person's identity for the real world. Usually issued or regulated by a national ID scheme, a digital identity uniquely identifies a person online or offline.
The Services that we offer in Digital Identity and Governance are:
To know more information, Contact us
What is digital marketing?
A:Digital marketing, also called online marketing, is the promotion of brands to connect with potential customers using the internet and other forms of digital communication. This includes not only email, social media, and web-based advertising, but also text and multimedia messages as a marketing channel.
Essentially, if a marketing campaign involves digital communication, it's digital marketing.
Why is Digital Marketing important?
A: Digital Marketing has now become the popular stream in the world where every business is stepping into the new strategy to build a high competitive strength. To increase the customers as well as to make the business a supreme one digital marketing is the leading way to foster the business.
What kind of business needs digital marketing?
A: Essentially, any business that wants to increase their online presence and attract more customers online can benefit from digital marketing services. This is the case for an increasing number of businesses, as more consumers are relying on the internet to find the products and services they are looking for.
Top Industries Using Digital Marketing To Grow.
There are as many specializations within digital marketing as there are ways of interacting using digital media. Here are a few key examples.
We offer all kinds of Digital marketing services to grow your business exponentially.
To know more information, Contact us
What is Web application development?
A: First, let's understand what web application?A web application is application software that runs on a web server, unlike computer-based software programs that are run locally on the operating system (OS) of the device. Web applications are accessed by the user through a web browser with an active network connection. These applications are programmed using a client–server modeled structure—the user(client) is provided services through an off-site server that is hosted by a third-party. Examples of commonly-used web applications include: web-mail, online retail sales, online banking, and online auctions.
Web application development means the work involved in developing applications on the web where an end user can access a web application through a web browser such as Google Chrome, Safari, or Mozilla Firefox,etc.
Majority of web applications can be developed using various JavaScript, Cascading Style Sheets (CSS), and HTML5. Web application development has a short development life cycle which includes Front-end development,it is accomplished through client-side programming.
Client refers to a computer application such as a web browser. Client-side programming will typically utilize HTML, CSS and JavaScript. HTML programming will instruct a browser how to display the on-screen content of web pages, while CSS keeps displayed information in the correct format. JavaScript will run JavaScript code on a web page, making some of the content interactive.
Server-side programming powers the client-side programming and is used to create the scripts that web applications use. Scripts can be written in multiple scripting languages such as Java and Python. Server-side scripting will create a custom interface for the end-user and will hide the source code that makes up the interface.
A database such as MySQL can be used to store data in web application development.
Difference Between a Web App and a Website?
Web applications are designed to be interactive whereas a website's purpose is to present information.Web applications contain various criterias,which includes Responsiveness,interactions,connectivity independent, safe,discoverable,linkable, re-engage and installable.
Advantages and Disadvantages of Web Applications?
A: Web-based applications ultimately ease the development process. Businesses can give their users interactivity without having to use the time and resources necessary for building a mobile application.
Advantages of Web Apps
web applications are an efficient option for boosting the UX of consumers who prize user engagement when it comes to their web browsing.
Web applications development won't take as much time to develop as mobile application development and also will be easy by comparison to mobile app development.
Web applications do not need to be downloaded or installed anything like mobile applications and also no need of updating in web apps.Mobile apps takes a lot of space on devices where web apps won't take any space.
One of the main advantages of web apps is that they are highly portable because you can access any web apps from any device like tablet,laptop,mobile devices,etc.And can be used in multi platforms like IOS,Android,PC.
Types of Web applications:
There are different types of web applications with different behaviors depending on how they’re built. While all these web application types still use web technologies they generally fall under the categories of client-side, server-side, or single-page applications.
These web apps are dominant in front-end development which means User Interface(UI) and they prioritize UX and bring users high-performance levels.
Server side web apps are dominant in back end development which means they are composed of building the databases, servers, application programming interfaces(APIs), and any other background processes that occur in an application.
They wield their power from only one page, typically deploying an infinite scroll mechanism to display all its content. they differs from a traditional multi-page application where new pages load only when you click a link and have advantages of both Client side and server side web applications.
To know more information, Contact us
What are Enterprise web applications?
A: Enterprise web applications are web-based applications that allow you to handle your company's internal and external needs and operations. A web application gears you towards a digital transformation and helps meet the modern needs of business in this digital world.
Most web apps are general-purpose software. But enterprise applications are large-scale software. It addresses an entire organization's needs rather than an individual. Enterprise architecture is large and complex, containing many processes and functions compared to web apps.
Differences Between Web Application And Enterprise Application
Web applications are software applications that run on web servers, unlike other software that runs on the local operating system (OS) of the device, and perform tasks over the internet. They allow the users to create, store and forward their content via web browsers.
Whereas, enterprise applications are also software applications but they are used by large organizations or governments rather than individuals for business to improve the efficiency and productivity of the organizations.
Web applications have a user interface that allows the users to connect to various websites through an internet connection and access the data or content available. They are similar to mobile applications, but unlike them, they run on web servers regardless of the operating system. They can be accessed through any device with an internet connection from anywhere.
Enterprise Web applications are specifically designed for enterprises to solve business related problems. The enterprise applications, an end-product of CRM development services are complex, mission-based and perform specific tasks for the organization.
Many web applications that we find on browsers are open source development services but enterprise web applications are not.
Advantages of Enterprise web applications:
Development of Enterprise web applications:
Enterprise software development comes into play when you need software or an application for internal use only. Most commonly, enterprise software is not consumer-facing and helps in day-to-day activities of an enterprise such as managing records, accounting, automation, project management, and other functions.
Now, the size of an enterprise software depends on the size of an enterprise and the needs it is required to deliver. You can have specific software that is only a process automation tool or a huge software that looks into everything that your business requires.
Enterprise web development is simply a process to develop a website or an application for enterprise-level business. It revolves around enterprise websites, enterprise web application development, and enterprise software development. In this fast-paced, technologically advanced era, an enterprise definitely needs at least one of these to cater to the needs and growing demands of businesses.
Benefits of Enterprise web applications:
as COVID-19 has triggered the digital turning point, web presence is becoming a given for ensuring business continuity.
Every successful company is building its online presence. In particular, enterprise web development provides an indispensable global channel for vocalizing a business’ value proposition to its target audience. Websites for businesses are a valuable tool for promoting products, services, and unique vision.
Digital presence blurs geographical borders and allows you to grow your business beyond its physical location. Thus, you don’t have to spend a lot of money on promoting your business in new markets, one website can cover it all.
A unified website also augurs optimized processes across departments and eliminates gaps within your organization. Since all processes are visible, management processes become easier and more streamlined with an enterprise website.
Every business, no matter what size, requires branding and marketing. With an enterprise website, you can increase your business’s reach and implement effective marketing strategies to make your business word of the mouth.
With desktop-based software, your data is prone to cyber threats and data leaks. Also, in case of malfunction, you’ll have to re-installed software on a new device, which may incur additional costs.
An enterprise web-based application, on the other hand, stores data in the cloud. It means that your data is distributed across the redundant servers, which improves security measures.
Your business goals and objectives are all that you are creating a website for. To achieve them in a better and competitive manner, a well-developed website can be of great assistance.
Every business needs to ensure good customer relations. Acquiring your goals and objectives depend on better customer services. An enterprise website allows you to get in touch with your customers directly by being available 24/7.
Must have features to develop Enterprise web applications:
Don't worry, we are here to help you develop your Enterprise Web Apps Solutions. Contact us for more details.
What is Mobile app Development?
A: Mobile application development is the process of creating software applications that run on a mobile device, and a typical mobile application utilizes a network connection to work with remote computing resources.
It can be preinstalled on the device or downloaded from a mobile app store or it can accessed through a mobile web browser.Mobile app development can be done through using various programming and markup languages like Java,Swift,C# and HTML5,react,etc.
Mobile app development is growing rapidly because of the usage of smart phones at higher extent.All kinds of business from Retail, telecommunications and e-commerce to insurance, healthcare and government organizations across industries must meet user expectations for real-time, convenient ways to conduct transactions and access information.
Today, Smartphones and mobile applications that unlock people's value,are the most popular way for businesses to connect to the internet.Organisations need to develop their mobile applications that their customers,partners and employees demand to stay relevant,responsive and successful.
Process for doing Mobile app development:
Firstly,we need to choose a platform where we need to develop our mobile application(IOS or Android or both).
Many independent application development teams choose to build their apps for Android first. Why? The vast majority—around 70 percent—of smartphones run Android, and the Google Play Store has fewer restrictions than the Apple App Store. On the other hand, mobile applications developed for iOS have far fewer devices that need support, making optimization simpler. And user retention is typically higher for iOS applications.
Depending on the intended use case and target audience for the mobile application you are developing, you might have other considerations. For example, if you’re designing an app for your organization’s employees, you’ll need to support the platforms they use, which may mean developing cross-platform apps that work for both Android and iOS. Or if you’re building a mobile application for your customers and you know the majority of them use iPhones, then developing iOS applications should be a top priority. Additional considerations when developing your mobile applications include monetization strategies and anticipated user behavior, which can be influenced by geographical and cultural factors.
Platforms used to develop Mobile applications:
The platform organizations needed to develop, deploy and manage mobile apps are made from many components and tools which allow a developer to write, test and deploy applications into the target platform environment.
Mobile app development includes "Front end Development" and "Back end development"
Front-end development tools
Front-end development tools are focused on the user interface and user experience (UI-UX) and provide the following abilities:
Back-end servers
Back-end tools pick up where the front-end tools leave off, and provide a set of reusable services that are centrally managed and controlled and provide the following abilities:
After developing mobile applications,there are some more things to look after,they are;
Don't worry, we are here to help you develop your Mobile App Development. Contact us for more details.
What is Web application development?
A: First, let's understand what web application?A web application is application software that runs on a web server, unlike computer-based software programs that are run locally on the operating system (OS) of the device. Web applications are accessed by the user through a web browser with an active network connection. These applications are programmed using a client–server modeled structure—the user(client) is provided services through an off-site server that is hosted by a third-party. Examples of commonly-used web applications include: web-mail, online retail sales, online banking, and online auctions.
Web application development means the work involved in developing applications on the web where an end user can access a web application through a web browser such as Google Chrome, Safari, or Mozilla Firefox,etc.
Majority of web applications can be developed using various JavaScript, Cascading Style Sheets (CSS), and HTML5.Web application development has a short development life cycle which includes Front-end development,it is accomplished through client-side programming.
Client refers to a computer application such as a web browser. Client-side programming will typically utilize HTML, CSS and JavaScript. HTML programming will instruct a browser how to display the on-screen content of web pages, while CSS keeps displayed information in the correct format. JavaScript will run JavaScript code on a web page, making some of the content interactive.
Server-side programming powers the client-side programming and is used to create the scripts that web applications use. Scripts can be written in multiple scripting languages such as Java and Python. Server-side scripting will create a custom interface for the end-user and will hide the source code that makes up the interface.
A database such as MySQL can be used to store data in web application development.
Difference Between a Web App and a Website?
Web applications are designed to be interactive whereas a website's purpose is to present information.Web applications contain various criterias,which includes Responsiveness,interactions,connectivity independent, safe,discoverable,linkable,re-engage and installable.
Advantages and Disadvantages of Web Applications?
A: Web-based applications ultimately ease the development process. Businesses can give their users interactivity without having to use the time and resources necessary for building a mobile application.
Advantages of Web Apps
web applications are an efficient option for boosting the UX of consumers who prize user engagement when it comes to their web browsing.
Web applications development won't take as much time to develop as mobile application development and also will be easy by comparison to mobile app development.
Web applications do not need to be downloaded or installed anything like mobile applications and also no need of updating in web apps.Mobile apps takes a lot of space on devices where web apps won't take any space.
One of the main advantages of web apps is that they are highly portable because you can access any web apps from any device like tablet,laptop,mobile devices,etc.And can be used in multi platforms like IOS,Android,PC.
Types of Web applications:
There are different types of web applications with different behaviors depending on how they’re built. While all these web application types still use web technologies they generally fall under the categories of client-side, server-side, or single-page applications
These web apps are dominant in front-end development which means User Interface(UI) and they prioritize UX and bring users high-performance levels.
Server side web apps are dominant in back end development which means they are composed of building the databases, servers, application programming interfaces(APIs), and any other background processes that occur in an application.
They wield their power from only one page, typically deploying an infinite scroll mechanism to display all its content. They differ from a traditional multi-page application where new pages load only when you click a link and have advantages of both Client side and server side web applications.
Don't worry, we are here to help you develop your Website/Portal Development. Contact us for more details.