Is it essential for start-ups to maintain reporting? Why not wait until start-ups are at a specific size and then start measuring and documenting the processes? What is the purpose or significance of documenting such activities or business processes? Enterprises currently have access to fundamental solutions that tackle many...
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M&A’s have benefited many enterprises in becoming more prominent than what they could have managed by themselves. Several entities working in the same industries are bound to create a better competitive background for themselves. Instead of competing with one another, start-ups are entering into M&A’s to achieve their organizational...
Due to the COVID-19 outbreak, there are massive changes taking place in the country. There are various measures taken by the Ministry of Finance for the extension of statutory and regulatory compliances. The Finance minister Nirmila Sitharaman announced the following measures – Income Tax Income tax returns dates are...
An Employee Self Service Module(ESSM) is a common Human Resource practice that firms use to increase the transparency/efficiency of the employees with respect to payroll related questions, holidays and other issues. For the management of any company, answering these frequent questions of employees can be a time consuming task...
Compliances form a very important part in any company incorporation. The Companies Act 2013 is an inclusive act of the Central Government which basically lays down all the rules about the establishment and functioning of any company operating in India. Without further ado, let’s have a look at some...
Accounts of any business are considered as its backbone! The mathematics of numbers is really the mathamagic of numbers that transform your business! Small firms, commonly known as “start-ups” usually outsource their accounting to an outsider and this outsider is known as Accounting Outsourcing Partner. This partner takes care...
IT business and accounting are inter-dependent. While accounting uses technological tools and advancements to boost the whole process, IT business includes accounting to record, evaluate and interpret data. One reason why the IT industry is a common receptor of such problems is, it changes dynamically in even a short...