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  • India is home to 50 million micro, small and medium enterprises (MSMEs) according to data sourced from the Ministry of MSME, which is also one of the largest in the world. The role of small and medium businesses is extremely significant to India, given it is also one of the largest employers in the country, providing livelihood to millions of Indians across the board. Therefore, to keep these businesses healthy and functioning for the long term, it is always good to be able to keep pace with changing times and its requirements. It is also here, where India’s biggest fiscal reforms since independence-the Goods and Services tax- will actually reveal its biggest impact, although in a good way. At the heart of the GST reform is digitization- a revolutionary idea that will bring all SMBs at par with technology development and allow them to thrive, having built in efficiencies and timeliness to their daily workings. It really is a win-win for not only the government, since tax filings by businesses become inherently transparent, it also allows SMBs to grow business by almost 15% in a single year, given technology will help them wipe-out redundancies from their systems. That said, it is also true that in order to comply with GST, SMBs will have to be well-versed with certain GST-unique details, such as input tax credit, destination system, twin rates etc, that are best left to technology. So, what are these technologies that can then help SMBs better manage GST?

    What technologies and devices can help SMBs better manage GST?

    India is home to 50 million micro, small and medium enterprises (MSMEs) according to data sourced from the Ministry of MSME, which is also one of the largest in the world. The role of small and medium businesses is extremely significant to India, given it is also one of the largest employers in the country, providing livelihood to millions of Indians across the board. Therefore, to keep these businesses healthy and functioning for the long term, it is always good to be able to keep pace with changing times and its requirements. It is also here, where India’s biggest fiscal reforms since independence-the Goods and Services tax- will actually reveal its biggest impact, although in a good way. At the heart of the GST reform is digitization- a revolutionary idea that will bring all SMBs at par with technology development and allow them to thrive, having built in efficiencies and timeliness to their daily workings. It really is a win-win for not only the government, since tax filings by businesses become inherently transparent, it also allows SMBs to grow business by almost 15% in a single year, given technology will help them wipe-out redundancies from their systems. That said, it is also true that in order to comply with GST, SMBs will have to be well-versed with certain GST-unique details, such as input tax credit, destination system, twin rates etc, that are best left to technology. So, what are these technologies that can then help SMBs better manage GST?

  • 1.Personal Computers – PCs are immensely important when it comes to making businesses more profitable. SMBs across India have found greater efficiencies in using personal computer devices to scale up their businesses with ease, while no longer relying on inefficient methods of systems, vendor management, client management, logistics, etc. The time saved by using Personal Computers is immensely beneficial to business owners who want to grow their businesses.

    What technologies and devices can help SMBs better manage GST?

    1.Personal Computers – PCs are immensely important when it comes to making businesses more profitable. SMBs across India have found greater efficiencies in using personal computer devices to scale up their businesses with ease, while no longer relying on inefficient methods of systems, vendor management, client management, logistics, etc. The time saved by using Personal Computers is immensely beneficial to business owners who want to grow their businesses.

  • 2.Automation Software – Once the PC has been acquired, there are multiple options available to SMBs to accurately determine the calculation of tax, the adherence to the e-filing process, the due process and the subsequent ERP (enterprise resource planning) and filing of GST related documents and invoices. Automation via PCs is undoubtedly the new technology advancement that will make lives easier for SMBs across India. Here’s how PCs make lives happier for SMB owners:

    What technologies and devices can help SMBs better manage GST?

    2.Automation Software – Once the PC has been acquired, there are multiple options available to SMBs to accurately determine the calculation of tax, the adherence to the e-filing process, the due process and the subsequent ERP (enterprise resource planning) and filing of GST related documents and invoices. Automation via PCs is undoubtedly the new technology advancement that will make lives easier for SMBs across India. Here’s how PCs make lives happier for SMB owners:

  • 3.Better Performance – Personal computers give you more efficiency when scaling up business, as you upgrade your processes. Computers can store all business data in one place, balance revenue and expenditure, track sales invoices and purchases, provide stock inventory status, help in management of salary, and protect company data. This greatly improves the ease of doing business and increases the focus on business development. Also, as is the nature of technology, with its growth has come added features to ensure all the business data you store are safe and accessible with the click of a button.

    What technologies and devices can help SMBs better manage GST?

    3.Better Performance – Personal computers give you more efficiency when scaling up business, as you upgrade your processes. Computers can store all business data in one place, balance revenue and expenditure, track sales invoices and purchases, provide stock inventory status, help in management of salary, and protect company data. This greatly improves the ease of doing business and increases the focus on business development. Also, as is the nature of technology, with its growth has come added features to ensure all the business data you store are safe and accessible with the click of a button.

  • 4.Time saved is directly proportional to money made - The time saved by using Personal Computers is highly beneficial to business owners who want to grow their businesses. When businesses can run efficiently, owners and promoters can make better decisions on-the-go. This enables them to grow their business by accessing information and data anytime anywhere.

    What technologies and devices can help SMBs better manage GST?

    4.Time saved is directly proportional to money made - The time saved by using Personal Computers is highly beneficial to business owners who want to grow their businesses. When businesses can run efficiently, owners and promoters can make better decisions on-the-go. This enables them to grow their business by accessing information and data anytime anywhere.

  • 5.Better Communication (slide 5) – Computers make it easier to communicate with vendors, customers, sales reps, accountants, etc. You can send information and data quickly, and improve communication within the company and with vendors and customers.

    What technologies and devices can help SMBs better manage GST?

    5.Better Communication (slide 5) – Computers make it easier to communicate with vendors, customers, sales reps, accountants, etc. You can send information and data quickly, and improve communication within the company and with vendors and customers.

  • 6.Online Software – Online software ensures all processes are up-to-date and checks and balances are in-order. Business management and accounting software provide efficiencies throughout. In fact, the personal computer, along with accounting software makes it easier for SMBs to track their purchases, sales, expenditures, orders and inventory, all in all making it a whole lot simpler to comply with GST.   Simply put- The investment you make to acquire personal computers for yourself and your staff, in order to make your business technologically sound is also directly proportional to the revenues you will end up making. So, what are you waiting for! Head straight to the next electronics store and guarantee growth for your business.

    What technologies and devices can help SMBs better manage GST?

    6.Online Software – Online software ensures all processes are up-to-date and checks and balances are in-order. Business management and accounting software provide efficiencies throughout. In fact, the personal computer, along with accounting software makes it easier for SMBs to track their purchases, sales, expenditures, orders and inventory, all in all making it a whole lot simpler to comply with GST. Simply put- The investment you make to acquire personal computers for yourself and your staff, in order to make your business technologically sound is also directly proportional to the revenues you will end up making. So, what are you waiting for! Head straight to the next electronics store and guarantee growth for your business.

  • India is home to 50 million micro, small and medium enterprises (MSMEs) according to data sourced from the Ministry of MSME, which is also one of the largest in the world. The role of small and medium businesses is extremely significant to India, given it is also one of the largest employers in the country, providing livelihood to millions of Indians across the board. Therefore, to keep these businesses healthy and functioning for the long term, it is always good to be able to keep pace with changing times and its requirements. It is also here, where India’s biggest fiscal reforms since independence-the Goods and Services tax- will actually reveal its biggest impact, although in a good way. At the heart of the GST reform is digitization- a revolutionary idea that will bring all SMBs at par with technology development and allow them to thrive, having built in efficiencies and timeliness to their daily workings. It really is a win-win for not only the government, since tax filings by businesses become inherently transparent, it also allows SMBs to grow business by almost 15% in a single year, given technology will help them wipe-out redundancies from their systems. That said, it is also true that in order to comply with GST, SMBs will have to be well-versed with certain GST-unique details, such as input tax credit, destination system, twin rates etc, that are best left to technology. So, what are these technologies that can then help SMBs better manage GST?
  • 1.Personal Computers – PCs are immensely important when it comes to making businesses more profitable. SMBs across India have found greater efficiencies in using personal computer devices to scale up their businesses with ease, while no longer relying on inefficient methods of systems, vendor management, client management, logistics, etc. The time saved by using Personal Computers is immensely beneficial to business owners who want to grow their businesses.
  • 2.Automation Software – Once the PC has been acquired, there are multiple options available to SMBs to accurately determine the calculation of tax, the adherence to the e-filing process, the due process and the subsequent ERP (enterprise resource planning) and filing of GST related documents and invoices. Automation via PCs is undoubtedly the new technology advancement that will make lives easier for SMBs across India. Here’s how PCs make lives happier for SMB owners:
  • 3.Better Performance – Personal computers give you more efficiency when scaling up business, as you upgrade your processes. Computers can store all business data in one place, balance revenue and expenditure, track sales invoices and purchases, provide stock inventory status, help in management of salary, and protect company data. This greatly improves the ease of doing business and increases the focus on business development. Also, as is the nature of technology, with its growth has come added features to ensure all the business data you store are safe and accessible with the click of a button.
  • 4.Time saved is directly proportional to money made - The time saved by using Personal Computers is highly beneficial to business owners who want to grow their businesses. When businesses can run efficiently, owners and promoters can make better decisions on-the-go. This enables them to grow their business by accessing information and data anytime anywhere.
  • 5.Better Communication (slide 5) – Computers make it easier to communicate with vendors, customers, sales reps, accountants, etc. You can send information and data quickly, and improve communication within the company and with vendors and customers.
  • 6.Online Software – Online software ensures all processes are up-to-date and checks and balances are in-order. Business management and accounting software provide efficiencies throughout. In fact, the personal computer, along with accounting software makes it easier for SMBs to track their purchases, sales, expenditures, orders and inventory, all in all making it a whole lot simpler to comply with GST.   Simply put- The investment you make to acquire personal computers for yourself and your staff, in order to make your business technologically sound is also directly proportional to the revenues you will end up making. So, what are you waiting for! Head straight to the next electronics store and guarantee growth for your business.