Febi.aiBlogs
Why E-Commerce Businesses Really Need Specialized Accounting Solutions
The digital age has flipped traditional commerce on its head. No store? No problem - these days, you can run a thriving online business straight from your couch using an e-commerce accounting software. Getting an ecommerce site live and running is easier than it’s...
Types of Taxes Every Business Owner Should Know in 2025
Taxes - ugh, right? But hear me out. Understanding how taxes work in India isn’t just a box to tick on your compliance checklist. It can seriously shape how your business grows, what decisions you make, and how confidently you face investors or regulators. Still,...
How to Implement ERP: A Step-by-Step Guide for Beginners
If you’re a business owner or manager, you’ve likely heard about ERP systems. But what exactly is ERP, why is it such a game-changer, and how can you implement it successfully? In this detailed beginner’s guide, We’ll walk you through everything you need to know -...
Understanding GST Return Forms in India: GSTR-1, GSTR-3B, GSTR-9, and Beyond
Introduction Running a business in India? Then getting your head around GST return forms isn’t just handy — it’s vital. Filing them properly online feels a bit like cleaning your house before a big festival. It saves you from that stressful last-minute scramble and,...
The Role of Blockchain in Modern Accounting Beyond Cryptocurrency
Blockchain, with its revolutionary advancements in data security, transparency, automation, and auditability has the potential to completely transform accounting procedures. It is changing the accounting landscape across industries, from enabling real-time...
Quantum Computing and Its Future Impact on Financial Modelling
Introduction to Quantum Computing 1. What is Quantum Computing? What if your computer could think in countless directions all at once? That’s the magic of quantum computing! Unlike traditional computers that rely on regular bits (which can only be 0 or 1), quantum...
From Data to Decisions: Leveraging AI Insights in Cloud Accounting for Strategic Growth
In recent years, getting access to a plethora of financial data and documents is not the challenge, but making sense of it and analyzing it is. As businesses can now generate large amounts of data quickly and efficiently, from sales and operational expenses to taxes...
How AI Helps with Accounting Compliances
1. What is Accounting Compliance? Accounting compliance refers to following legal, tax, and financial reporting rules set by authorities. It involves accurate bookkeeping, timely tax filings, and reporting financial activities according to government standards. For...
AI in ESG Reporting — Automating Corporate Responsibility
In today’s world, businesses are expected not just to grow financially, but to show responsibility through their Environmental, Social, and Governance (ESG) reports. This is where AI in ESG reporting steps in. It transforms sustainability reporting from a manual,...
AI & Cloud Accounting: Fighting Fraud and Cybersecurity Risks
In the current, ever-evolving world, we are moving towards a more digitalized future where accessing all our accounts and financial documents is a mere click away. While this brings convenience, flexibility, scalability, and ease of access, it also compromises the...
Top 5 AI Based Accounting Tools
In today’s fast-paced world, managing your books and keeping up with changing regulations can be difficult and stressful, especially for small businesses. Luckily, the sudden rise of AI tools for finance is making it easier than ever to automate boring tasks, stay...
Real Estate Accounting Guide: Simplifying Your Finances
The real estate sector is not an exception to the profound influence of technology on various industries in the contemporary world. Accounting, a critical component of real estate, is presently experiencing a transformation due to the emergence of innovative...
Understanding E-Invoicing: What It Is and How It Works
During its 35th meeting, the GST Council resolved to establish an e-invoicing system that would apply to specific categories of individuals, primarily large enterprises. Subsequently, it was extended to encompass mid-sized and small enterprises. This blog explains...
How Robotic Process Automation (RPA) is Redefining Automation and Efficiency
Automation is reshaping industries worldwide and has become the backbone of the modern industries, driving efficiency and accuracy across sectors like health, manufacturing, retail, and logistics. A report states that RPA (Robotic Process Automation) usage is...
Benefits of Real-Time Expense Tracking for Small Businesses
Running a small business means juggling multiple operations and workflows—managing customer relationships, addressing employee needs, developing products, and, of course, keeping track of finances. When doing financial management, even small mistakes can have...