From Approval to Payment: Why Connected Banking is the Missing Link in AP
Close the gap in AP. Learn how connected banking streamlines invoice approvals, automates payments, and builds stronger vendor relationships.
Debtors Vs Creditors: Key Differences Explained
In business and personal finance, the terms “debtors” and “creditors” represent essential financial relationships that…
Mandatory ISD Provisions Under GST from April 2025: What Businesses Need to Know
Starting April 1, 2025, businesses that receive input service invoices for multiple branches must compulsorily register as an Input Service…
GST Registration in India
Goods and Services Tax (GST) is a comprehensive indirect tax levied on the supply of goods and services across India. Introduced on July 1,…
What is a Debit Note? Meaning, Uses & Importance
Imagine you’re running a retail store, and you’ve just received a shipment of electronics from your supplier. Upon inspection, you…
Indian Bank Names: Full Forms & History
Indian bank names often come across as a puzzle of letters – SBI, HDFC, ICICI, PNB – but what do these abbreviations actually…
OPEN Glossary: Your Guide to Financial Terms and Features
Welcome to the OPEN Glossary! Whether you’re new to financial services or just need a refresher, this guide is designed to help you…
Cash Memos: What They Are and Why They Matter
Managing financial paperwork doesn’t have to be complicated. Among the various documents you’ll handle, cash memos stand out as…
Udyam Registration: A Quick Guide for Small Businesses
Micro, Small, and Medium Enterprises (MSMEs) form the backbone of the Indian economy, contributing significantly to employment generation and…
Understanding Prepaid Payment Instruments (PPI) in Banking
Prepaid Payment Instruments (PPI) lets you purchase goods with prepaid money in your online wallets, paper vouchers, prepaid smart cards, and…
What is a Credit Note? Meaning, Uses & Benefits Explained
Every business transaction doesn’t always go as planned. When customers return products, dispute charges, or receive incorrect invoices,…