The hyperlocal delivery businesses in India have been thriving on the customers’ demand to get things delivered at the doorstep within a click of a button! Now that the pandemic is clouding the economic outlook, the hyperlocal delivery model — hands down — creates new opportunities for more such small Read more…
Processing payroll is a recurring financial operation for every business. And since payroll is a substantial business expense, small businesses need to set aside dedicated time & resources on it periodically. Research suggests that, on average, a small business spends over 120 hours in a year on payroll taxes alone. And Read more…
Payment gateways are the ultimate go-to for both B2B and B2C companies as they ensure your company gets the benefit out of the online payment collection process. And once new customers start availing the services, using multiple payment gateways becomes inevitable. But as we all know, not all payment gateways Read more…
2020 brought about changes in the way businesses collect online payments across the globe. Especially with the pandemic at the forefront, the second wave has shaken the economy and the very core of companies. But the enduring spirit of small businesses to thrive regardless is what has been keeping many Read more…
Virtual accounts are a compelling alternative for companies to simplify tracking amount receivables! Most companies are looking to stay in control of business cash flow. And Open’s virtual accounts enable businesses to manage expenses smartly. By overviewing the entire cash flow and cash positioning from a single dashboard, businesses can Read more…
As business owners, most of you will agree the satisfaction that comes with every employee being paid on time is an unparalleled one. Payroll processing is definitely one of the most crucial yet still underrated business functions. That being said, is your payroll processing the best there is? For most Read more…
E-commerce startups have gone through a lot of changes in the last decade when it comes to managing business finances. The e-commerce industry in India has developed drastically over the years. While the internet was introduced in India back in 1995, it also marked the beginning of e-commerce in the Read more…
Vendor payments are crucial to every business — whether they’re for office amenities, SAAS subscriptions, or products & services specific to an organization. Consider this — if you’re an IT service provider, you might have a subscription to the Jira software; in the case of a digital marketing agency, it Read more…
The recurring revenue model commonly called recurring payments or subscriptions has been prevalent in India for a long time now. But with the growth of internet penetration and adoption of digital payments, recurring payments have moved online & have now become the buzzword in town. Recurring payments are nothing but Read more…