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 …
As the heart of financial operations, accounting software Tally (8 million users in India) plays a pivotal role in maintaining accurate financial records and enabling informed decision-making. Thus the market demands Tally integration to propel their business towards enhancing employee …
#ICICI Bank CONNECTED BANKING
Holding an ICICI current account? If yes, then this blog is for you!
Did you know that there is an amazing feature within your ICICI account, which will simplify how you manage your money?
Surprisingly, recent …
Three-generation families have built some of the great businesses in India. Let’s take a closer look at how connected banking revolutionized the Agarwals’ cash flow practices, setting a paradigm for efficient business payments.
In the ‘80s, the first generation, Mr. …
Effective payroll management is not just about disbursing salaries; it encompasses meticulous attention to detail, compliance with ever-evolving regulations, and maintaining the financial health of your organization.
It is estimated that there are 633.9 lakh MSMEs in India and a …
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 …
The Goods and Services Tax (GST) came into effect on July 01, 2017 in India. Since then, most small and medium-sized businesses have geared up to make their operations compliant with the new tax laws.
One of the major changes …
Post GST adoption and acceptance, e-Invoicing under GST has now become an integral part of business operations for Indian taxpayers. e-Invoicing under GST system has already been implemented in India since October 01, 2020. A lot of businesses, however, find …
Let us check out a typical “payments day” for Raj, a Proprietor of a supermarket with two outlets and his accountant before adopting connected banking.
The accountant logs into the accounting tool and the two current account banking portals. Through …
Since the boom of digital transformation, transactions have become online and accountants have shifted from piles of ledger books to accounting software.
However, business owners and accountants are struggling to unlock the full potential of their SBI current accounts and …
So you’ve decided to open a current account for your business.
Perhaps you want to open a second one for your cash inflow, or a new account altogether, to streamline your business transactions. Or maybe you’ve chosen a dedicated current …
From the bank’s perspective, transaction banking is the reorganisation of several (sometimes fragmented) transaction-based activities into a single unit. For the end user, or small and mid-sized enterprises in this case, it means being able to conduct several transaction-based functions …
Running a successful business is no easy feat, and managing finances can often be one of the most daunting tasks. Picture this: multiple current accounts scattered across different banks, navigating various Internet banking portals, juggling screens for payments and collections, …
