Febi.aiBlogs
How Can a All-in-One Financial Platform Save Your Hours Every Month
Imagine this—instead of spending your productive hours with spreadsheets, digging through emails for invoices, or scrambling to prepare for tax season, you have all your financial tasks streamlined and automated. Sounds like an entrepreneur’s dream, right? With an...
Important Financial Ratios for Your Business
For every business, clear understanding and effective use of financial ratios is crucial for making informed decisions and assessing the financial health of a business. These ratios prove to be powerful tools that provide insights into a company's performance,...
How to Map Your Startup’s Financial Efficiency
Financial efficiency isn't just a buzzword—it's the lifeline that can make or break your business. Imagine running a startup where every rupee you spend directly fuels your growth, every process is streamlined to perfection, and waste is a thing of the past. Sounds...
Tax Season Essentials: How Automated Tax Compliance Can Save Your Business Time and Money
Statistics indicate that by the end of 2024’s first quarter, 127 thousand startups were officially recognized by the Department for Promotion of Industry and Internal Trade (DPIIT). With so many startups hustling and competing together, managing tax compliance is one...
How to Create Financial Statements in 2024
Are you still using the same, conventional manual method of creating financial statements? Today, creating accurate and insightful financial statements is more critical than ever. Whether you're a solo entrepreneur, startup, investor, or financial analyst,...
Top 5 Benefits of Automated Invoicing You Cannot Miss
Picture this: you’re a business owner tackling the daily challenges of running your company—managing clients, overseeing operations, and planning for growth. Amidst these responsibilities, the task of invoicing often looms as a time-consuming chore. But what if there...
Union Budget 2024: Key Highlights for Sectors and Industries
Finance Minister Nirmala Sitharaman unveiled the Union Budget 2024-25 in the parliament today. This marks the first budget of Prime Minister Narendra Modi’s third term. The 2024 budget focuses on nine strategic priorities to create ample opportunities for all....
GSTR-1 Return Filing: Comprehensive Guide on Due Date, Formats, Late Fees and Rules
Picture this–You're running a successful business, everything is going smoothly until it's time to handle your GST returns. GSTR-1, a crucial part of this process, might seem intimidating at first, but it's essential for every registered taxable person. This return...
Top 5 Ways to Process Invoices for your Business and Clients
Are you stuck with the endless piles of invoices of your business? You are not alone. For most founders and businesses invoice processing and management is one of the most complex tasks. Moreover, doing your invoices manually could be costing your significant...
Financial Predictive Analytics: Importance and Key Tips in 2024
Imagine a tool that helps you foresee the right opportunities and market trends, personalise customer experiences and outsmart fraudulent activities. This is exactly what Financial Predictive analytics does for businesses. It can create a lot of difference and help...
Analysing Financial Statements With AI
Introduction In the business world, understanding the intricacies of financial statements has never been more critical. Financial statements provide a snapshot of a company's financial health, guiding decisions for stakeholders from investors to managers. But as these...
Cash vs Accrual Accounting: Which one should startups choose
As a startup founder, you've got a lot on your plate—building your product, attracting customers and getting leads, and maybe even trying to catch a breath. But there's one more crucial decision that can make or break your financial strategy: cash vs accrual...
AI Data Entry: How to Get Started?
In today’s world, data is the new goldmine. Not only does it keep all operations flowing seamlessly it also acts as the cornerstone for smart decision-making and optimising ROI to its best potential. Yet, the conventional methods of manual data entry are increasingly...
Top 10 Cloud Based Accounting Software Companies in India
Introduction Cloud based accounting software has revolutionized how small businesses manage finances, offering accessibility, efficiency, and real-time data analysis. In this blog, we explore the best cloud-based accounting software in India, designed for small...
5 Benefits of Cloud Accounting You Can Not Miss
Is your company still working on desktop software and spreadsheets to manage your bookkeeping and accounting? If yes, it’s time to switch up your operations and productivity with Cloud-based accounting. Using Cloud lets remote servers save, access, and share data,...