{"id":779,"date":"2022-08-29T11:44:07","date_gmt":"2022-08-29T06:14:07","guid":{"rendered":"https:\/\/www.zaggle.in\/blog\/?p=779"},"modified":"2022-08-29T11:59:15","modified_gmt":"2022-08-29T06:29:15","slug":"sme","status":"publish","type":"post","link":"https:\/\/www.zaggle.in\/blog\/sme\/","title":{"rendered":"Accelerating MSMEs Digital Journey"},"content":{"rendered":"\n

MSMEs Solutions<\/span><\/h2>\n\n\n\n

Micro, Small, and Medium Enterprises (MSMEs) are the core architects of Digital Bharat and account for 99% of all businesses in India; they contribute 49% of the national Gross Domestic Product (GDP); and employ 40% of the country\u2019s workforce. The sustenance of India\u2019s rapidly emerging digital economy relies heavily on MSMEs. can be improved for better efficacy.<\/p>\n\n\n\n

Modernizing critical business operations is essential for micro, small, and medium enterprises (MSMEs) and can provide a strong growth stimulus in a fast-paced, connected digital economy. Digital initiatives focused on automating core financial processes related to payables and receivables<\/span><\/a> <\/span>can improve cashflow efficiency – the single most important factor – in building
sustainable businesses. <\/p>\n\n\n\n

However, budget constraints, limited digital expertise, workforce upskilling
gap, high implementation costs; lack of flexible commercial models impede digitalization initiatives.<\/p>\n\n\n\n

Roadblocks in Disbursal of Loans to MSMEs<\/span><\/h3>\n\n\n\n
\"\"<\/figure>\n\n\n\n

Zaggle Solution-Based Approach<\/span><\/h2>\n\n\n\n

An ecosystem with over 2 million+ people, we o\u001cer a one-stop solution for spend management<\/a> <\/span>of MSMEs. We offer easy access to credit, making the whole process digital, convenient, and quick so that MSMEs can realize their growth ambitions. We also offer financial SaaS, which helps them control their business finances<\/span><\/a> better, allowing them to stay focused in an increasingly competitive landscape and position them for future growth.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Zaggle solution suite<\/span><\/h3>\n\n\n\n

Zaggle is an all-inclusive solution that combines three innovative products that automate the mundane task of financial management. <\/p>\n\n\n\n

\n
\"\"<\/td>\"\"<\/td>\"\"<\/td><\/tr>
Employee Expenses<\/span><\/a><\/strong>
and <\/strong><\/span>Incentives<\/span><\/a><\/strong><\/td>		Business
Finance Manager<\/span><\/a><\/strong><\/td>		Procurement and
Accounts Payable<\/strong><\/span><\/td><\/tr>
An intelligent solution to monotonous and time-consuming expense management. This platform doubles as a tax solution that lowers your employees’ tax burdens while not affecting their costs to the company.<\/td>An AI data-driven smart platform that offers businesses a single point of management that empowers MSMEs to focus on business and its growth by managing their business finance<\/td>A data-driven spend
management application that digitalizes the invoice-to-pay process, empowering business owners and finance leaders with visibility and advanced control of enterprise-wide spending.<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div><\/div>\n\n\n\n
\"\"<\/figure><\/div>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

MSMEs Solutions Micro, Small, and Medium Enterprises (MSMEs) are the core architects of Digital Bharat and account for 99% of all businesses in India; they contribute 49% of the national Gross Domestic Product (GDP); and employ 40% of the country\u2019s workforce. 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