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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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CPI(M) raises voice against vacancies of Teachers and Heads of Schools in Andamans

06 Dec 2022 | 11:03 PM

Port Blair, Dec 6 (UNI) The Communist Party of India (Marxist) on Tuesday reiterated its demand for filling up all vacant posts of teachers and heads of schools under the Education Department.
CPI-M Andaman and Nicobar State Organizing CommitteeSecretary D. Ayyappan told UNI that during his visit to North and Middle Andamans over the last few months, people have informed him that there is a shortage of teachers in almost all the schools. Studies of students have been adversely affected particularly in subjects like Mathematics and, Science.

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JHADC suggest Meghalaya government to set border outpost at Mutha Siang Kwai

06 Dec 2022 | 10:40 PM

Mukroh (Meghalaya), Dec 6 (UNI) The Jaintia Hills District Autonomous Council (JHADC), has decided to suggest the Meghalaya government to set up a police border outpost at Mutha Siang Kwai village after five Pnar villagers were gunned down by Assam police here on November 22.

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Meghalaya: UDP first to announce candidate list

06 Dec 2022 | 10:32 PM

Shillong, Dec 6 (UNI) United Democratic Party (UDP), one of the largest regional political parties in Meghalaya, on Tuesday announced its first list of 32 candidates for the upcoming 2023 Assembly elections in the state.

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Arunachal CM launches Nugong Bridge in Siang dist

06 Dec 2022 | 10:23 PM

Itanagar, Dec 6 (UNI) Arunachal Pradesh Chief Minister Pema Khandu on Tuesday inaugurated the Nugong Bridge – a motorable steel suspension bridge over river Siang between Pangin and Komsing village in Siang district, thus fulfilling the long pending aspiration of the people of the region.

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Meghalaya: BJP castigates NPP for ‘eyewash inaugurations’

06 Dec 2022 | 10:18 PM

Shillong, Dec 6 (UNI) The Bharatiya Janata Party (BJP), which is a constituent of the NPP-led Meghalaya Democratic Alliance (MDA) government, on Tuesday took pot shot at the Conrad Sangma-led party for its “sudden urge” to work for the people of the state in the background of the chief minister being on an inauguration spree of administrative units in the state.

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