Monday, May 20 2024 | Time 08:53 Hrs(IST)
image
States » East


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.
More News
Voting underway for phase 5 of LS polls in Bengal

Voting underway for phase 5 of LS polls in Bengal

20 May 2024 | 7:38 AM

Kolkata, May 20 (UNI) Under a massive security blanket, the fifth phase election to seven Lok Sabha seats comprising mainly the industrial belt of West Bengal began at 7 am on Monday.

see more..
Bihar: Polling underway in 5 LS seats in 5th phase

Bihar: Polling underway in 5 LS seats in 5th phase

20 May 2024 | 7:38 AM

Patna, May 20 (UNI) Polling began on a peaceful note for the fifth phase of Lok Sabha elections in five seats in Bihar amid tight security arrangements at 7 am on Monday.

see more..
PoK is an integral part of India: Shah

PoK is an integral part of India: Shah

19 May 2024 | 10:13 PM

Bettiah, Bihar, May 19 (UNI) Union Minister Amit Shah said that "Pakistan-occupied Kashmir ( PoK) is an integral part of India and we will take it back".

see more..
PM appeals to electorate to ensure return of Modi Sarkar and to end  TMC government's appeasement policy

PM appeals to electorate to ensure return of Modi Sarkar and to end TMC government's appeasement policy

19 May 2024 | 9:32 PM

Medinipur/ Bishnupur/Purulia, May 19 (UNI) Prime Minister Narendra Modi on Sunday said the June 4 results are decided and appealed to the
electorate to strike hard on May 25 ensuring the return of Modi Sarkar at the Centre and the imminent end of the TMC government's
alleged appeasement policy in West Bengal.

see more..

Odisha: Polling officer dies of cardiac arrest

19 May 2024 | 9:29 PM

Bhubaneswar, May 19(UNI) In a tragic incident Polling officer Sushil Kumar Achraya posted at booth number 170 of Kantabanji Assembly seat in Odisha died of cardiac arrest on Sunday.

see more..
image