Prepaid expense cards are still predominantly used by most businesses despite online payments and transactions like UPI soaring in this era of digitization. Why, you ask? While online payments have their place, offline expenses and transactions are still prevalent and widely used by businesses simply because they cannot be done Read more…
Corporate cards are now growing in popularity, thanks to the efficiency and flexibility they offer. Not to mention, using corporate cards makes life easier for everyone – be that of an employee, or an accountant or you, the business owner. By streamlining the entire business expenditure, corporate cards help in Read more…
Did you know that Open — Asia’s first neo-banking platform for SMEs and Startups has built virtual cards? That’s right! Open’s virtual cards help manage online subscriptions for your business. But we get it. This piece of information doesn’t stand out on its own. So we’ve created a list of Read more…
Managing business finances is a massive yet slow-moving task for finance teams. Simply consider the reconciliation of bank statements with your company books for every single accounting entry in a given day. In other words, tracking collections & payouts to know the cash flowing in & out of the business Read more…
It’s a well-known fact that small businesses & startups play a substantial role in contributing to the GDP of the country. But wait, how often have you heard about banking services that are specifically built for them? Not very often I guess! There is a huge need for this & Read more…
Hands up if you love filling expenses. Anybody? I didn’t think so. Let’s face it – claiming expenses is no fun. In fact, the process of filing reimbursements manually is a nightmare. While employees & finance teams lose out on precious time keeping a tab of receipts, businesses on a Read more…
In India, the market size for travel and expense management solutions aimed at SMEs and MSMEs alone approximately amounted to $1 Billion in 2018. A number that shouldn’t come as a shock as business trips & meetings are where the real deals are done. But are business trips and meetings Read more…
Let’s face it, startups have it tough. We’re always in a race against time to crush those deadlines. And managing our business expenses by switching between multiple platforms becomes just another hurdle to cross. Though there are various banking & accounting solutions out there, all of them exist in a silo. Read more…