Latest News | BIZ-TIDE-SMEs Tide India Unveils Invoicing Solutions to Serve SMEs

Chennai, Aug 9 (PTI) Tide India, a digital financial platform provider, has unveiled invoicing solutions for small and medium enterprises, the company said on Wednesday.

The move is to enable the SMEs to strengthen regulatory compliance, optimise invoicing processes, reduce costs and thereby enhancing operational efficiency.

Also Read | PM Modi Independence Day Speech Videos: Watch Prime Minister Narendra Modi’s Speeches From Ramparts of Red Fort Since 2014.

According to a study undertaken by Tide India, nearly 77 per cent of SMEs in Tamil Nadu face challenges with book keeping and invoicing, a company statement said.

"We at Tide, believe in helping businesses -- whether it is a contractor, freelancer, trader or small business owner -- save time and money. Our invoicing solution takes us one step further in this direction and allows us to streamline processes for SMEs," Tide India CEO Gurjodhpal Singh said.

Also Read | Gaurav Gogoi on Manipur Issue: No-Confidence Motion Not for Numbers But for Justice for Manipur, Says Congress MP.

The invoicing solution offered by Tide India would help SMEs to send personalised and Goods and Services Tax (GST) compliant invoices to customers directly from the mobile application.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)