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Accounting Information System (AIS)

Wall Street Mojo

Article Link to be Hyperlinked For eg: Source: Accounting Information System (AIS) (wallstreetmojo.com) In simple words, it is a system to collect and store all information related to financial transactions and events so that they can be retrieved for decision making by the internal management, accounts, CFOs, auditors, etc.

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Mastering Money Movement: Razorpay D2C Summit 2024 Highlights

Razorpay

Today, we conducted the second edition of Razorpay’s annual D2C and Retail Summit. This year, at the D2C and Retail Summit, we’ve unveiled some cutting edge solutions to help businesses solve for this trifecta of money movement. Razorpay DigiPOS Imagine transforming every device in your store into a sales machine.

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POS System vs Cash Register: Key Differences, Pros and Cons

Razorpay

In the current dynamic retail landscape, choosing the right sales transaction system is crucial for the success of any business. This article will discuss the point of sale (POS) system vs cash register, highlighting their key differences, pros, and cons. Real-Time Example on Successful Implementation of POS System 1.

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What is POS Data? Meaning, Types, Benefits and How it is Collected

Razorpay

In today’s digital age, in-store businesses rely heavily on Point of Sale (POS) data to understand customer behaviour, optimise operations, and drive growth. Point of Sale or POS data is a information collected when a customer makes a purchase at a store. Read About : Types of POS System for Your Businesses What is POS Data?

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Transaction Motive

Wall Street Mojo

What Is A Transaction Motive? Transaction motive refers to the desire to hold cash to facilitate everyday cash-based financial transactions such as business and personal needs, covering payroll, purchases, and bill payments. Two major factors drive its functioning: the level and frequency of transactions.

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Guide to Payment Methods, How to Accept with Pros and Cons

Razorpay

To accept debit card payments, businesses need a point-of-sale (POS) terminal for in-store transactions or an online payment gateway for digital transactions. Accepting mobile payments involves setting up a compatible point-of-sale (POS) system or providing QR codes.

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Investment Banking – Meaning, Functions and More

Razorpay

Investment banking is a branch of banking that organizes and enables large, complex financial transactions for businesses, like mergers, IPOs or underwriting. Investment banks help business with complex financial transactions like IPOS and mergers & acquisitions. What is Investment Banking?