Tide India, the leading digital business financial platform, has launched its invoicing solution for SMEs in Meghalaya, to help them strengthen regulatory compliance, optimise invoicing processes, reduce costs and increase organisational efficiency. Small enterprises in Meghalaya face challenges digitizing traditional invoicing due to limited resources and technological expertise. 50% face challenges in bookkeeping, invoicing, technology adoption, and upgrading accounting systems, requiring more training and dedicated IT teams.
Tide’s invoicing solution in Meghalaya allows small and medium businesses to send personalized, GST-compliant invoices directly from its mobile app. With over 1 lakh SMEs joining since December 2022, the platform streamlines accounting, inventory management, and improves cash flow. With 54% of SMEs in Meghalaya, Tide simplifies tax record keeping and streamlines invoice management.
Assam SMEs require more training and IT teams for invoice creation and expense management. Tide’s invoicing solution enables SMEs to send personalized, GST-compliant invoices directly from its mobile app, allowing viewing of paid and pending invoices. Gurjodhpal Singh, CEO, Tide India said “Our invoicing solution takes us one step further in this direction and allows us to streamline processes for SMEs, eliminating the need to use multiple products to manage disparate services.”
