Ever wondered how businesses keep their finances on track and avoid cash mishaps? Proper financial record-keeping isn’t optional – it’s a critical foundation for any company’s long-term success. At the core of sound financial management is a fundamental tool: the …
You’d certainly agree that an online current account for startups and SMEs is more essential than a regular bank account! Whether you’re a small business owner with an uninterrupted cash flow or an established entrepreneur whose company is in the …
Ever stopped to think about why smart payroll software should be your Number 1 priority?
The 2020 outbreak changed our outlook on many things. One of which includes prioritizing the hybrid working style. Given this transformation, good payroll software ought …
Regardless of their size, businesses today show a clear preference for adopting SaaS (Software as a Service) options in favor of infrastructure ownership and its financial as well as logistical burdens. According to a Statista report, in the last …
Managing business finances is a massive yet slow-moving task for finance teams. We would all agree with it, especially when it comes to the reconciliation of bank statements. Cross-verifying all the accounting data with books of accounts every single day …
Over 60 million small and medium businesses account for about one-third of India’s GDP. These SMBs play an important role in maintaining the circular flow of income in the nation’s economy. They are highly inclined toward digitisation, but the tax …
Imagine that you need to celebrate a colleague’s birthday at the office, that one of your branches has run out of toilet paper, or that you immediately need to reimburse a staff member for a small purchase. From where do …
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 …
The Government of India introduced e-Invoicing in October 2020 through the Goods and Services Tax (GST) System. Although e-Invoicing is not a new technology, its relevance has grown multi-fold in recent times. The pandemic pushed several businesses to develop digitally …
Recently, there was a lot of buzz around how the RBI has found four viable products for cross-border payments under its regulatory sandbox. Many of our readers and colleagues didn’t know/hadn’t heard of ‘Regulatory Sandbox. In this blog, we deconstruct …
For any GST (Goods and Services Tax) registered business, the most important thing is timely filing of Returns and Challan payments. The GST Council of India has lately laid out a few requirements for the GST registered companies to comply …
Richard Branson, the UK-based entrepreneur rightly said,
“You don’t learn to walk by following rules. You learn by doing and falling over.”
The second part of the two-part blog completes the best practices in neobank UI/UX started in the first part of the blog. It concludes with offering a neobank CX framework that can help neobanks provide their offerings to customers, keeping …
