SME Neobanks are solving the banking challenges of SMEs (Small & Medium Enterprises) like delays in processing loans, tedious paperwork, and repetitive tasks. According to research by Razorpay, businesses lose around Rs 67 lakh per annum due to age-old banking practices. Undeserved by traditional banks, small businesses are turning to SME neobanking for real-time financial…
Category: Uncategorized
5 benefits of getting your Tally data on mobile
Tally is one of the top accounting software used in India by businesses of all sizes to manage their finances more efficiently. It helps with a wide range of business finance activities like financial reporting, GST, TDS, payroll, and sales invoices. The software is used by more than 60 lakh businesses in India and in…
Plan your future growth with Cash Flow Projections
Cash flow can make or break your business. With an efficient cash flow management strategy, businesses can drive their growth plans. A US Bank study has disclosed that a whopping 82% of businesses failed due to poor cash flow management. The thumb rule of any business is ‘your expenses should never exceed your existing cash’….
Automated Reminders to Debtor: Future of Business Finance Management
Late and delayed payments from debtors are a severe problem for every business. Delay in payments is not an issue that can be overlooked. Many companies face financial troubles due to late payments from debtors. Late payments impact the cash flow of a business. These delays lead to complete business shutdowns on some occasions and…
Tally: An important tool for leading a successful business
With the kind of stiff competition in the market today, it is not enough to do the bare minimum. Staying ahead is the way to succeed. And anyone who knows anything about accounting will recommend you, Tally, to manage your finances. Among the most renowned accounting platforms out there is Tally – an accounting software…
7 reasons SMEs should choose ZikZuk to manage their business finances
The small and medium enterprise (SME) sector of India has the power to drive innovation and employment growth in the country. However, the sector is impeded by a lack of credit as many SMEs do not maintain proper books, leading them to either provide collateral or go for informal credit sources. According to the latest…
Five Essential Bookkeeping Guidelines for Small Business Owners
Bookkeeping is a crucial aspect of the success of any business. It helps you in understanding your business and making strategic decisions to prevent unexpected cash flow problems. Bookkeeping seems to be a daunting task, and most small business owners find it overwhelming. However, with the help of the simple guidelines provided in this blog,…
Top 10 Things to Know When Starting a Business
Starting a business is a highly stressful activity that no formal training can prepare an entrepreneur for. However, with a little planning, you can manage these multiple expectations and take smarter actions toward building your business. While not all businesses are the same, the foundation principles apply to similar instances occurring in most business processes….
Why Does Your Company Need Finance and Cash Flow Management Software?
Small and medium enterprises need to take special care of their finances. Most companies face a working capital crunch, ultimately leading to their failure. Understanding complex financial data and deriving actionable insights from them is not everyone’s cup of tea; however, finance and Cash Flow Management Software can help them. The software helps in organizing, planning,…