Governments move leads to opportunities in India for developing electronic payment methods – Ashwani Rathore

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New Delhi, November 12, 2016: Ashwani Rathore, CEO & CO-Founder, SpiderG, “This is a promising move made by our honorable Primer Minister towards cashless economy.This will boost innovation in the nascent electronic payment and electronic invoicing industry. It will create an awareness amongst the people of this country about paying taxes, filing taxes and joining the mainstream economy. With this move, we can expect more credit/debit card transactions, increase in digital payments, mobile payments and online banking which will push the vision of Digital India further. This will lay the foundation for a golden era in the ecosystem of Fintech startups which will reiterate the opportunities in India for developing electronic payment methods. GST launch along with this impeding will help to enhance traceability, which will be a key step towards strengthening the formal economy.”

The idea of SpiderG, an e-invoicing technology provider for SMEs was born in early 2015 out of need to solve problems of Indian SMEs related to their invoicing. This startup was founded by 2 youngsters Ashwani Rathore and Harshal Ingale with a common aim of bringing about a change in the way big or small organizations conduct business with each other.

Gladiris Technologies owns the SpiderG which was started in December 2013 to cater to Enterprise Resource Planning (ERP) software needs of small & medium enterprises. SpiderG is a SaaS product which provides real time actionable insights to users about their business, and their transactions with buyers and suppliers.

E-invoicing, Doc-Chat, Dashboard, workflow management, ERP Sync, CashCal, Dynamic discounting are some of the key features of the SaaS product developed by SpiderG. The idea of SpiderG was conceptualized and developed after months of research of past solutions, existing practices, future technologies and talking to lot of small, medium and large business enterprises.

SpiderG team is continuously innovating and establishing networks and strengthening its back-end to effectively reach out to the SME markets.

Website link: http://www.spiderg.com/#/

Corporate Comm India(CCI Newswire)