Invoicing is a crucial part of any business transaction as it works as evidence between the buyer and supplier for the supply made. It contains details like quantities sold, date of shipment, prices, and discounts and ensures transparency. Earlier it was easy for anyone to manipulate the invoices as the process was not transparent, which...Read More
Women Led Businesses It has been stated that women-led businesses, bring in more profit and fewer failed loans with a fintech firm’s support when compared with male-led businesses. From saving small amounts of personal money to adversely managing the household income to running smooth businesses, women have been making their way through for many centuries...Read More
e-Invoicing was a win-win move brought by the government to maximize the benefit to every stakeholder involved like the buyers, sellers, or the government. Before e-Invoicing, it was tough for Corporate Businesses to stick to compliance, reporting, and business management for the following reasons Multiple reporting Earlier, there was no fixed format of invoices, which...Read More
The fintech industry has gained popularity in the last 5 years as it is catalyzing the automation of the financial system with the strength of technologies. Many fintech companies offer credit card-like products and get into an arrangement with Issuers to offer co-branded credit cards. Credit card frauds and customer harassments related to debt recovery...Read More
Neobanks in India has e digital market has grown exponentially in the last three years with the penetration of smartphones, development in internet access, advancement of technology, and the recent pandemic. Every industry is experiencing reorganization and positive transformation with the digital boom. With the rise of neobanks, the financial industry is reshaping at a...Read More
An entrepreneur needs capital to run a business as the human body needs blood. A human maintains diet, exercise, and sleep to keep himself healthy. In the same way, to maintain good business health, a business needs to take care of many business functions. The need for capital in a business is interdependent on many...Read More
As regular jobs got automated and as there is a global explosion in the working-age population, the unemployment rate and gender-based employment gap took a steep rise globally. This has led to a lot of grinding. New perceptions and non-traditional growth stories can lead to a better economy and more employment opportunities. Today, entrepreneurship can...Read More
Fintech has disrupted the financial services industry with the use of technology. Fintech innovations have transformed many subsegments like retail payments, business banking, insurance, and wealth management services. As we all know, lending being one of the segments, has seen a transformation like never before. The reasons that led to this change are : ⦁ ...Read More
Shortage of liquid funds in business? Your cash is arrested in outstanding invoices? Businesses of multiple sizes across multiple industries function in the global market and contribute to the global economy. Businesses, especially the MSME businesses, often find it difficult to manage the balance of cash flow resulting in working capital impairment and poor business...Read More
As a vehicle runs on fuel, in the same way, capital works as fuel for a business, and access to formal credit has always been a problem for small businesses in the recent past. With the help of technological advancement, the gap is reducing. Fintech and banks are joining hands to solve this issue, where...Read More