RazorpayX

Revolutionizing #thewaybusinessespay, one tech solution at a time.

Join us at the 𝐑𝐚𝐳𝐨𝐫𝐩𝐚𝐲 𝐂𝐨𝐧𝐜𝐥𝐚𝐯𝐞: "𝐁𝐮𝐢𝐥𝐝𝐢𝐧𝐠 𝐭𝐡𝐞 𝐍𝐞𝐱𝐭 𝐔𝐧𝐢𝐜𝐨𝐫𝐧 𝐟𝐫𝐨𝐦 𝐈𝐧𝐝𝐨𝐫𝐞" - 𝐌𝐚𝐬𝐭𝐞𝐫𝐜𝐥𝐚𝐬𝐬 𝐨𝐧 𝐒𝐜𝐚𝐥𝐢𝐧𝐠 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐞𝐬 🗓 Date: 13th July 2024 🕒 Time: 02:00 PM 📍 Venue: Supersourcing HQ, Indore 🎤 𝐊𝐞𝐲𝐧𝐨𝐭𝐞 𝐒𝐩𝐞𝐚𝐤𝐞𝐫: Ayush Bansal, Vice President & General Manager, Razorpay 🌟 𝐖𝐡𝐲 𝐀𝐭𝐭𝐞𝐧𝐝?🌟 𝐌𝐚𝐬𝐭𝐞𝐫𝐜𝐥𝐚𝐬𝐬 𝐛𝐲 𝐀𝐲𝐮𝐬𝐡 𝐁𝐚𝐧𝐬𝐚𝐥, 𝐕𝐏 & 𝐆𝐞𝐧𝐞𝐫𝐚𝐥 𝐌𝐚𝐧𝐚𝐠𝐞𝐫, 𝐑𝐚𝐳𝐨𝐫𝐩𝐚𝐲: Learn the strategies that have propelled leading startups to billion-dollar success. 𝐕𝐂 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐟𝐫𝐨𝐦 𝐌𝐚𝐫𝐬𝐬𝐡𝐨𝐭 𝐕𝐂: Gain valuable insights from a seasoned VC expert on navigating the funding landscape. 𝐏𝐢𝐭𝐜𝐡 𝐘𝐨𝐮𝐫 𝐒𝐭𝐚𝐫𝐭𝐮𝐩 𝐭𝐨 𝐈𝐧𝐯𝐞𝐬𝐭𝐨𝐫𝐬: Shine a light on your innovative idea and secure the funding you need to take your business to the next level. 𝐍𝐞𝐭𝐰𝐨𝐫𝐤 𝐰𝐢𝐭𝐡 𝐟𝐞𝐥𝐥𝐨𝐰 𝐞𝐧𝐭𝐫𝐞𝐩𝐫𝐞𝐧𝐞𝐮𝐫𝐬:  Build connections and forge lasting partnerships that will propel your startup to the top. 𝐅𝐢𝐫𝐞𝐬𝐢𝐝𝐞 𝐂𝐡𝐚𝐭 𝐖𝐢𝐭𝐡 𝐀𝐝𝐢𝐭𝐢 & 𝐀𝐲𝐮𝐬𝐡:  Engage in an insightful Q&A session with Aditi Chaurasia (COO, Supersourcing) & Ayush Bansal (VP & General Manager, Razorpay). Limited seats available! Secure your spot. 👉 𝐑𝐞𝐠𝐢𝐬𝐭𝐞𝐫 𝐍𝐨𝐰! - https://lnkd.in/dWgvDD9t

Come say hi 👋 to the RazorpayX team at Hall B for the ICAI Startup Sphere in Bengaluru, the premier business event of the year! Network with startup influencers, investors, CXOs and more. Don't miss discussions on funding, fintech & CBDCs. See you there! Amiya K. Sahoo Samiksha Gogoi Suman Sharma Kalpita Naik Shanmukh C D Alfiya Parveen Balraj Seth Sushmitha U Syed Hamzah Eqbal Nayana V

Here's the deal about petty cash - It might seem like a minor detail, but in the grand scheme of things, managing it is a major drain on your resources. At RazorpayX, we've found that, even though businesses allocate 4% of their budget for petty cash management, it consumes 30% of their team's bandwidth. Here’s how RazorpayX's PettyCash+ can be instrumental: - Spend less time and effort managing petty cash. Your tasks are optimized and streamlined, freeing up valuable resources for other important endeavors. - Use tech to automate processes, allowing your team to focus on more strategic initiatives instead of getting bogged down in administrative work. - Stay ahead of potential issues. Identify and address problems before they arise using predictive features, ensuring smooth operations and minimizing disruptions to your business. - Experience greater control and visibility, enabling you to make informed decisions and drive revenue growth confidently. Early adopters are already reaping the benefits of Petty Cash+. So, if you're ready to take your petty cash management from zero to hero, let's chat: https://bit.ly/442aapm

According to our research on India's Source to Pay landscape, it's alarming to note that 59% of organizations have a lack of visibility in their accounts payable processes. This often gives rise to issues in the areas of Invoice processing times, fraudulent activities, uncontrolled spends, vendor mismanagement and payment errors The current source-to-pay processes 🚧 Are fragmented, resulting in dissemination of inconsistent information. The processes involve multiple stages and systems that are not integrated. This hinders efficiency. ⚙ Use multiple automation tools that further complicate the process. 🔎 Lack the predictive capabilities that CFOs need. For eg: They do not provide real-time notifications for fraud detection or alerts for budget overruns. Advanced AI solutions that can proactively address these issues are absent, meaning these systems fail to meet the modern demands CFOs have for modern S2P tools. ❌ Are error-ridden. 37% organizations face at least 5 errors in their source-to-pay processes. Given the critical nature of accounts payable function, 100% accuracy is crucial. Mistakes can lead to compliance issues, financial losses, and reputational damage. 📊 98% CFOs yearn for a more effective, streamlined approach and end-to-end visibility across their source to pay journey. From this it's clear that the demand for innovative solutions is stronger than ever.  With RazorpayX’s Source to Pay, we address the visibility issue head-on. Here’s how: ✨ Control spending with Budget utilization trackers for cost centers and comprehensive custom reports ✨ Make spending accountable with efficient invoice processing: 3-way matching across POs-Invoices-GRNs to ensure authenticity and control ✨ Streamlined, audit-ready, multi-level approval workflows between all stakeholders, with support for approval on-the-go using timely notifications.  ✨ Identify risk and errors from vendor non-compliance with inbuilt GST ITC modules. Recover due credit by withholding payments It’s time to welcome a solution designed for the organizations of today! Want to learn how RazorpayX can transform your financial operations? Let’s chat: https://bit.ly/4aWXxhz #thewaybusinessespay #SourceToPay #AccountsPayable #FinancialControl 

In the fast-evolving world of finance, safety and compliance have never been more crucial. As such, businesses are moving from traditional current accounts to specialized escrow accounts. While consumers have long benefitted from the safety of escrow in online marketplaces, businesses are now recognizing its value too. Escrow accounts enable compliant money movement supervised by an authorized neutral third party, giving you more control over transactions and offering your customers unmatched trust and user experience. Escrow's potential goes beyond high-value transactions. Here's why: - Combats Fraud: Escrow acts as a shield against fraudulent activity, ensuring funds are only released upon completion of agreed-upon terms - Trust Assurance: Particularly crucial in transactions like post-delivery payments, using an escrow instils trust between parties, assuring that funds will be disbursed as agreed. - Controlled Usage: Businesses can ensure funds are not utilized inadvertently during holding periods, necessitating a more controlled financial arrangement. - Compliance: The escrows are mandated by regulators for various purposes like Marketplace Escrows, Co-lending Escrows, PPI wallets (PPI escrow), RERA, P2P lending, Trade Escrows, Rental Escrows, Payout Escrows, Rental Escrows, etc Escrow emerges as a versatile solution as businesses across diverse sectors seek streamlined financial processes. RazorpayX, as usual, is leading the way with its escrow management platform. It provides, 1. Digital onboarding and user-friendly interfaces make setting up and managing Escrow accounts a breeze 2. With India’s first API banking on Escrow, enable instant fund disbursals from your app, enhancing customer experience 3. Ensure seamless compliance with the SEBI-authorized trustee partners 4. Control multiple accounts through a unified dashboard and ensure high performance with multi-bank routing 5. Create sub-accounts, get automated reconciliation with real-time transaction status updates and custom reports 6. Customize approval workflow to include multiple levels of approvals across multiple teams and roles 7. Run your business efficiently from anywhere. You can Automate collections and disbursals in a single place with your Escrow account Interested? Let’s chat: https://bit.ly/4aWXxhz #thewaybusinessespay #escrow #escrowbanking #apibanking #marketplace #lending

Unlocking tax-saving perks just got easier! RazorpayX Payroll teams up with Zaggle to revolutionise employee flexi benefits like tax savings up to INR 100,000! 💸💳 Read more here: https://lnkd.in/dxCTGy5k

Walking into an adventure without the proper tools might not be a good idea… Here’s a snippet from our HR Survival Guide ‘24. Download the full toolkit & gain access to all things HR: https://bit.ly/49LSfVE

Read on our full report for more such facts, stats and trivia about who Indian companies' hired in FY23-24 & how they paid their employees! 🚀💰 Read more: https://bit.ly/3PYSMvR

Flexible Benefits are the ultimate win-win for you and your employees. It is the best way to reward and reduce the tax burden of employees. With RazorpayX Payroll + Zaggle Integrated Solution, you can easily manage tax-saving components seamlessly via Single Dashboard while helping your employees save up to ₹100,000+ in Taxes. Contact us: https://lnkd.in/gGYfH2Ku . . #Zaggle #RazorpayXpayroll #flexiblebenefits #employeeflexibenefits #taxsaving #managetax #reducetax #integratedsolutions #TaxSavingSolutions