I was told: You can’t make it.
Isak Aromas featured on Shark tank India Season 1 and raised INR 50 lakhs for 45% equity from Peyush Bansal, CEO of Lenskart.
In the words of- Vidushi Vijayvergiya- Founder and CEO of ISAK Fragrances
I was in France, surrounded by the essence of the unique aromas. Did I feel naturally drawn towards fragrances?
Maybe… yes.
I wanted to understand how France is currently dominating the perfume industry, their marketing strategies and more importantly how they are talking about the product. That’s when I started my research in aroma customisation.
“I realised, in perfumery, it’s not about the product but it’s more about the consumer.”
Strangely around the same time, I was drawn back to my roots and flew back to India.
With an in-house formulation, I started building my own team and back then there was just one member in our finance team.
Being a founder, I soon started realising that growth comes with added responsibilities and workload and we were losing a lot of our time just dealing with our cash flow, vendor management, tax payments, and compliances.⁉️
That is when we came across RazorpayX, the one-stop solution for business banking and I felt a major workload had been lifted off our shoulders instantly. I never imagined that everyday compliances can be this easy!
RazorpayX turned Banking Woes Into Banking Wows!
➡️ Vendor Payment:
| Before RazorpayX 😭 | After RazorpayX 😮 |
| Manually adding each vendor’s details every time, consumed an enormous time. | Uploading invoices in seconds with automatic updation of vendor details saves us more than half of our time |
| Manually calculated TDS and made complex TDS payments | Now we add the TDS category to vendors and we auto-calculate, deduct and pay TDS for every invoice. |
| Couldn’t schedule payments for future dates & was prone to miss deadlines | Can now schedule payments for a future date and avoid missing deadlines |
| Had no single dashboard to track all payments, hence had to juggle between multiple portals | A single smart dashboard to track all payments and get smart business reports & insights |
| Had to spend 3 days just on manual calculations | It’s just a matter of a click and my vendor payments are highly simplified now! |
➡️ Tax Payments:
| Before RazorpayX 😭 | After RazorpayX 😮 |
| Had to deal with multiple portals for tax payment | Advance tax, GST and TDS payments all from a single dashboard |
| Challan management was tedious | Challans generated and sent via e-mail |
| Had to worry about deadlines and fines | Can now schedule payments for a future date and never miss a deadline |
| Manually calculated TDS and made complex TDS payments | Automatic and seamless TDS calculation |
RazorpayX has shaped our business banking significantly.
👀The onboarding process and the support that I received while I joined the RazorpayX-powered Current Account were seamless and hassle-free. The demo videos which are available on the website helped my team to get started with the payments and integrations.
So one day my father walked in and he just curiously asked “How did this happen? I am taking 3 days just for TDS calculations and how are you doing it in just one click? Wow.”
I felt the power of technology. Today even my father uses RazorpayX for his business banking. Great, isn’t it?❤️
And I eventually realised that business financial operations like vendor payment, tax payment, compliances etc which can be automated can literally save half of our time. And that would be the key towards time management for any new-age founder because a founder has responsibilities in all departments.
“Revolutionising the industry and shifting the power in the hands of the end user, Vidushi thinks that the most important thing is to believe in customer delight.”
1 Comment
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