Genius Technology

Running a small business can be challenging, especially when it comes to managing operations, finances, and customer relationships. To streamline these processes, many small businesses turn to SAP Business One, a comprehensive enterprise resource planning (ERP) solution. In this blog post, we will explore the various benefits of SAP Business One support specifically tailored for small businesses, with a focus on how Fairfax Solutions can help you unlock its full potential. Enhanced System Stability and Reliability: Small businesses rely heavily on their ERP system to manage critical business processes. SAP Business One support provided by Fairfax Solutions ensures that your system remains stable and reliable, minimizing downtime and preventing any disruptions to your operations. Their team of experienced professionals offers timely updates, patches, and fixes to address any issues that may arise, providing you with a smooth and uninterrupted workflow. Expert Guidance and Training...

Genius Technologies is a leading provider of e-invoicing software in India. They offer a comprehensive suite of business management tools that includes e-invoicing, accounting, inventory management, and customer relationship management. Here are some of the reasons  Why choose Genius Technologies for their invoicing needs: Cost-effective solution: Genius Technologies offers an affordable e-invoicing software that can help you save money on paper, printing, and postage costs. User-friendly interface: The software is easy to use and comes with a user-friendly interface, which requires minimal training. Compliance with regulatory requirements: The software is designed to comply with local and international e-invoicing regulations, making it easy for businesses to stay compliant. Improved efficiency: Genius Technologies' e-invoicing software can help you streamline your invoicing process, saving time and improving efficiency. Automation: The software automates many invoicing tasks, su...

  Nidhi software is powerful tools that can help businesses manage their finances effectively. It is specifically designed for Nidhi companies, which are non-banking financial institutions that operate in India. These companies are primarily engaged in the business of borrowing and lending money between their members. Nidhi software can help these companies manage their operations efficiently and effectively. Here are the top 15 features of Nidhi software 1.        Member management: The software allows businesses to manage their members' information, including their personal and financial details. 2.        Loan management: Nidhi software enables businesses to manage the loan process effectively, from the application to the disbursement and repayment. 3.        Savings account management: The software helps businesses manage their members' savings accounts, including interest calculat...

 A Nidhi company is a type of non-banking financial company (NBFC) in India that is specifically organized for the purpose of cultivating the habit of thrift and savings among its members, and receiving deposits from, and lending to, its members only. The rules and regulations for Nidhi companies are prescribed under the Companies Act, 2013 and the Nidhi Rules, 2014. Some of the key rules for Nidhi companies are as follows: Incorporation: A Nidhi company must be incorporated as a public company and must contain the word "Nidhi" in its name. Share capital: The minimum share capital for a Nidhi company is Rs. 5 lakh, with a minimum paid-up capital of Rs. 1 lakh. Membership: A Nidhi company can have only individual members and cannot accept deposits from or lend to non-members. Deposits: A Nidhi company can accept deposits from its members only, and the maximum deposit that can be accepted from a single member is restricted to 20% of the member's net worth as per the last a...

A  Nidhi Company   is a type of non-banking financial organization that carries out the activities of lending and borrowing money among its members. Traditionally, the word “Nidhi” has the meaning “treasure.” Due to the growing complexity of the investment sector, borrowing and investing money is difficult for small households.The idea of a Nidhi company was introduced to help these households. The primary reason that the Nidhi Company was found to encourage its members to live frugally and save money. In this article,  several key points about the Nidhi Company  will be discussedif you are planning to establish a Nidhi Company. The Nidhi Company: A Quick Overview According to Section 406 of the 2013 Companies Act, a Nidhi company is a particular kind of business in the non-banking finance industry of India. Their primary activity is to borrow and lend funds to their members only. They go by several names, including mutual benefit funds, permanent funds, and benefit ...

  These are the top 7 benefits of using Nidhi company software in your company. Take a look at these: Convenient to Use  – Nidhi software is made to streamline and simplify every aspect of managing your business. Because the software has a user-friendly UI and an intuitive user experience, you don’t need any technical knowledge to use it. A user-friendly navigation system is also included in the software, allowing you to quickly access the crucial data you need to get going. Efficient  – The software includes cutting-edge features that enable you to effectively manage all aspects of your business. The database of the software contains all the details about your users, making it simple to access at any time. Provides Customisation  – The software can be customized to meet your various needs. You can easily add new modules if you so desire. You can select from a wide variety of pre-defined templates. Additionally, you can upload themodule that you have created to the s...

The   features of microfinance software   vary depending on its intended purpose. However, some of the key features are mentioned below; Seamless regulatory regulations with mobile banking facility User-friendly interface, step-by-step instructions, and robust reporting capabilities to enhance multichannel banking solutions. Simplifies the complex loan process and guarantees that all client data has been appropriately recorded Automate the loan life cycle and provide time-resolved analysis on custom dashboards. Leverages data compression technologies to minimise accessibility difficulties and provide the most storage possible A safe loan management system with an integrated reporting structure, accounting module, and thorough reporting Improved operational efficiency through real-time accounting and cash management. To know more Visit This Blog