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UPI Based Dynamic QR Code on B2C Invoices & Solution by Our Eco-system

Posted on: March 24, 2021 | Last modified on: October 1, 2021

Notification mandating dynamic QR code on B2C invoices Business applicability  Services/ businesses exempted from dynamic QR code Details that need to be captured in dynamic QR code Plan of action from Tally Solution from our partners Notification mandating dynamic QR code on B2C invoices In reference to Notification No. 14/2020-Central Tax dated 21st March, 2020 and circular No. 146/02/2021-GST regarding self-generated dynamic QR code on B2C invoices.  The notification mandates entities with an aggregate turnover exceeding Rs. 500 crores in a FY to include a QR code on their B2C invoices. It was also specified that a Dynamic Quick Response (QR)…

How to Manage the Online Reputation of a Service Business

Posted on: December 22, 2023 | Last modified on: January 4, 2024

Online reputation management, as the name indicates, involves managing the online presence and brand image of a business. With more and more people looking at online reviews before choosing a business, enhancing the online presence of your business has become crucial. Online reputation for a service business is like its spine. The reviews and remarks on the web have a huge impact on the business. This is why managing online reputation has become one of the priorities for all businesses, especially those offering services. Managing online reputation not only improves the visibility of your business but also helps understand what…

Everything You Must Know about Advertising Expenses in Business Accounting

Posted on: June 2, 2020 | Last modified on: April 16, 2024

Investing in advertising is essential for businesses to reach their target market and attract the right demographic. However, understanding your advertising expenditures is essential to optimize your spending and ROI. Regardless of the medium (television, radio, or online), every marketing campaign incurs costs to increase brand awareness. This advertising expenditure monitoring affects your bottom line. Through sustained visibility, advertising expenditures generate revenue over the initial investment when appropriately optimized. For instance, a well-designed Google Ads campaign can generate a return of over $2 per $1 spent. Entrepreneurs must have a fundamental understanding of ad expense management to generate leads and…

Choosing the Right Cloud Service Provider to Maximise Business Efficiency

Posted on: August 13, 2020 | Last modified on: February 10, 2025

The advent of cloud services has been a catalyst for organisations to optimise their IT spends towards business needs over related infrastructure costs. Aligning to worldwide trends over the last several years, enterprises have increasingly become more inclined to migrate their essential data and computing workloads to the cloud, while also becoming comfortable and assured in executing this as a strategic decision for scaling their businesses. Cloud services are way matured now than a decade ago, when it was considered as an emerging technology. Gartner reports cloud revenue at USD$227.8 billion at the end of 2019 and projects a growth…

AI Winter or AI Spring – Where are We Headed?

Posted on: September 8, 2020 | Last modified on: September 8, 2020

Any discussion on AI, today, invokes a host of emotions ranging from fear to anxiety to cheer! Here, I will try to paint a realistic picture of AI, covering its background, evolution and current state and debunk a few myths along the way. Is AI = ML = DL? In order to answer that question, it is imperative that we first look at the evolution of AI. The field’s official founding can be traced back to a small workshop organised at Dartmouth college in 1956, by a young mathematician - John McCarthy. He had this idea of creating a ‘thinking…

Social Media: Impact, Relevance and Usefulness in the growth of MSMEs

Posted on: July 2, 2019 | Last modified on: August 24, 2021

This article, where our Global Marketing Head, Jayati Singh talks about how social media and digital marketing has influenced MSMEs in becoming more successful was published in yourstory.com on July 1, 2019. In this modern era, social media seems to have become a part and parcel of our lives. We practically, eat, sleep, breathe in this world surrounded by Facebook, Twitter, Instagram, et al, for we believe it makes the world a smaller place to live in. Apart from becoming one of the mainstream modes of communication, social media has also proved to be extremely beneficial for businesses and industries across…

Small Business Management Tips for Success

Posted on: September 23, 2021 | Last modified on: May 23, 2023

Tips for small business management Does business management software help small businesses? Small business management is no easy feat. It requires hard work, smart work, time, dedication, patience, and skills. However, with a clear mind and determination to make your small business soar, you can make your small business thrive. Every decision you make regarding your small business can change the course of your business so every little detail matters. While you will learn as you run your business, there are some tips that can certainly help. Essential Business Software for Small Business and Start-ups 5 Tips to Keep your…

How Businesses Are Leveraging Technology to Improve Their Payment Process

Posted on: December 9, 2022 | Last modified on: February 13, 2023

Technology has streamlined, simplified, and enhanced the way businesses perform activities. Today, all businesses use some form of technology to improve certain aspects of their operations. For example, integrated payment processing is one of the areas that has improved how businesses handle customer payments. Earlier, payments were accepted using another device, and the reconciliation process was completely done manually. With the help of an integrated payment processing system, accepting payments became easy, automated, and fast. It has improved business operations, customer satisfaction, and ROI. How are businesses using integrated payment processes to simplify their operations? The following are some ways…