Wednesday, Jun 7 2023 | Time 18:18 Hrs(IST)
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Online accounting, invoicing, and inventory management will emerge as first preference for the new age entrepreneur : Instamojo Report

Kolkata, Mar 18 (UNI) The pandemic brought to the forefront a new wave of digitization which posed a unique set of survival challenges for small business owners and entrepreneurs at large.
From hindered operations to accessing financial data, the absence of digital presence proved costly. The recent COVID situation has helped business owners realize that systems and software, especially for invoicing and accounting should not be location dependent. Data from a recent report by Instamojo titled, ‘Indian E-commerce Outlook Report 2021’, reported that the preference for e-invoicing and single-platform automation are emerging to be the most preferred modes for business operations by micro-businesses and new-age entrepreneurs.
The report states that around 90% of the business owners do not come from accounting backgrounds. Having realized the ease brought in by the digital shift, businesses now look for accounting software, that is not only user-friendly and feature-rich, but also affordable in terms of cost of ownership. Today, business owners want the financial data to be easily accessible especially from their smartphones or laptops. Data from the report shows close to a 125% increase in the usage of email invoices and a 150% increase in usage of invoices with payment links, indicating that businesses owners prefer integrated accounting software over isolated offline software.
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KIIT to provide jobs, free education to Bahanaga train tragedy victims family members

07 Jun 2023 | 5:20 PM

Bhubaneswar, June 7 (UNI) The KIIT Deemed-to-be-University will provide employment to one of
the family members of the deceased from Odisha who died in the Bahanaga train tragedy.

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Odisha train tragedy: CBI team seizes phones of railway employees on duty

07 Jun 2023 | 5:16 PM

Bhubaneswar, June 7 (UNI) The CBI inquiring into the June 2 Bahanaga train tragedy has seized the phones of some of the Railway employees who were on duty on the day of the horrifying accident.

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Umiam dam in Meghalaya on verge of a shutdown

07 Jun 2023 | 3:37 PM

Shillong, June 7 (UNI) Umiam dam, the main source of hydro-electricity in Meghalaya is on the verge of a shutdown due to the depleting water level in the reservoir.

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Meghalaya extends 100 per cent support to farmers for Kharif & Rabi growing seasons

07 Jun 2023 | 2:41 PM

Shillong, June 7 (UNI) The Meghalaya government is extending support of 100 per cent to farmers
for the Kharif and Rabi growing seasons in 2023-24 under the crop insurance scheme, the Pradhan Mantri Fasal Bima Yojana (PMFBY), an official said on Wednesday.

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WB job scam: CBI raids multiple locations linked to alleged civic body recruitment irregularities

WB job scam: CBI raids multiple locations linked to alleged civic body recruitment irregularities

07 Jun 2023 | 2:32 PM

Kolkata, June 7 (UNI) The anti-corruption unit of the Central Bureau of Investigation (CBI) on Wednesday conducted raids at multiple locations in connection with the alleged recruitment
irregularities in several civic bodies across West Bengal, official sources said.

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