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VENDOR INVOICE MANAGEMENT
How smart supply chain solutions are redefining B2B procurementProcurement has evolved into a strategic business driver, moving beyond its traditional support role. Modern enterprises are adopting intel...- India's greatest business school: No MBA, no campus, no degree — This is how the most successful business community in the world's most populous country actually learnsIndia’s business culture is changing fast. Yet one community understood entrepreneurial learning decades earlier. The Marwari business mind...
- How technology is streamlining B2B payment landscape in IndiaThe system eliminates manual processes and reduces errors. Bharat Connect for Business improves efficiency, cash flow, and security for bus...
- How an ex-Facebook employee stole Rs 40 crore from the company and repeated the fraud at NikeFormer DEI executive Barbara Furlow-Smiles sentenced for embezzling $5M from Facebook and Nike through fake vendors and cash kickbacks. Con...
- Can Budget 2024 leverage technology for effective tax administration in India?India's transformation through technology, specifically in tax administration, serves as a global example. The government is leading this c...
- How to build strong relationships with your suppliersVendor portals have become an essential solution for enterprises to manage their multiple suppliers and enhance collaboration. The portal a...
- BharatPe vows to claw back shares of ‘former founder’, sacks employeesWhile the statement didn't include names, it is clear the company was referring to its cofounder and former managing director Ashneer Grove...
- IBM Consulting's BPO unit wins vendor invoicing deal from IndianOilFor IndianOil, the outcome of the deal is technology-enable service delivery at scale. Sandeep Kumar Gupta, Director (Finance), IndianOil, ...
- Independent probe finds financial irregularities at BharatPe as pressure mounts on Ashneer Grover and wifeThe preliminary findings of the report by Alvarez and Marsal, dated January 24, said BharatPe pays recruitment fees to a number of ‘consult...
- Jana Small Finance Bank ties up with three TReDS platforms to help SMEsThe Trade Receivables Discounting System (TReDS) has been set up by RBI in order to resolve the credit challenges faced by the MSME supplie...
- Many companies unable to optimise Input Tax Credit claims for FY21: SurveyA multinational company in India incurred a total loss of Rs 850 crore due to suboptimal management of claiming ITC.
- Income Tax Department surveys offices of Swiggy and Flipkart unitThe I-T Department is conducting a survey at Flipkart Group company Instakart and Swiggy in connection with an alleged bogus input tax cred...
- Large companies fear losing out on GST credit if vendors, suppliers go bankrupt due to Covid crisisVendors face indemnity papers, blocked payments as firms try to ringfence them from defaults.
- Corporates miss vendor payments, bill discounting platforms see redSeveral large corporates which have issued ‘bills of credit’ are now demanding additional 30 to 60 days to honour their commitment. Accordi...
- How e-invoicing under GST will help businesses in the long runAdopting e- invoicing will save the government a staggering 450 million dollars annually.
- How to address the challenges expected from new GST returnsThere could be several other concerns that could come up during the actual GST return filing process under the new return system. Taxpayers...
- Is the new GST return filing system really simple? Reconciliation holds the keyThe crucial aspect that taxpayers have missed is that reconciliation under the new GST returns system has a fresh approach, which calls for...
- Industry and businesses not ready for GST; what they need to doWhile the benefits that the GST brings are beyond question, business and industry don’t seem to be ready for this historic indirect tax ref...
- American Express introduces new payment method for digital vendor paymentsThis web-based tool linked to Corporate Card fits and works within existing processes and includes reconciliation reporting that simplifies...
- Barclays launches 'Easy Cash Management Solution'Global banking major, Barclays on Wednesday announced the launch of 'Easy Cash Management Solution' in India, a service that would enable c...
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