According to research, over 85% of businesses have reported a significant increase in the volume of financial transactions in the past year. This surge in transaction complexity and frequency highlights the growing importance of efficient financial management strategies, such as …
India is moving towards a cashless economy as such online payment methods have become increasingly popular. Since the COVID-19 crisis, customers have further limited their cash use and are now opting for other alternatives.
As a result, it became increasingly …
Get ready to say goodbye to regular accounts – virtual accounts are here to stay!
A Virtual Account, as the name suggests, is a non-physical bank account that you can create for your customers. These ‘new kids on the …
Being a startup founder is not an easy feat. Especially when it comes to the never-ending battle of managing expenses.
If you have been paying your company’s expenses from your personal credit card, then you’d know what I am talking …
Payroll Management Solutions can solve the growing challenge of timely salary payments for employees in small businesses in India. The reasons for this statement are, firstly, the exponential growth of the Indian Economy(6.8% growth is the growth target for …
Patently, the HR and Finance department looks after salary payments in any company. But if you run a business, more often you’re pulled into looking over the business finances yourself.
Most banks with several tedious processes in place, make salary …
Of late there has been a massive buzz around business automation.
So we thought of digging a little deeper to understand the why of it all!
While we talk about automating various segments of a business, automating business finances holds …
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 …
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, …
Technology is disrupting businesses across industries, and Startups today are taking a liking and adding on to this massive digital transformation in all aspects of their businesses, including making bulk payments!
