{"id":11124,"date":"2023-01-30T12:44:28","date_gmt":"2023-01-30T07:14:28","guid":{"rendered":"https:\/\/razorpay.com\/blog\/?p=11124"},"modified":"2023-02-16T11:09:12","modified_gmt":"2023-02-16T05:39:12","slug":"isak-fragrances-customer-story","status":"publish","type":"post","link":"https:\/\/razorpay.com\/blog\/isak-fragrances-customer-story\/","title":{"rendered":"Isak Fragrances Magic: How to Process Tax & Vendor Payments in 1 Min!"},"content":{"rendered":"

I was told: You can\u2019t make it.<\/span><\/p>\n

Isak Aromas featured on Shark tank India Season 1 and raised INR 50 lakhs for 45% equity from Peyush Bansal, CEO of Lenskart.<\/span><\/p><\/blockquote>\n

In the words of-\u00a0 Vidushi Vijayvergiya- <\/b>Founder and CEO of ISAK Fragrances<\/a><\/b><\/em><\/h2>\n

I was in France, surrounded by the essence of the unique aromas. Did I feel naturally drawn towards fragrances?<\/span><\/p>\n

Maybe\u2026 yes.<\/span><\/p>\n

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\u2019s when I started my research in <\/span>aroma customisation<\/span>.<\/span><\/p>\n

\u201cI realised, in perfumery, it\u2019s not about the product but it\u2019s more about the consumer.\u201d<\/strong><\/p><\/blockquote>\n

Strangely around the same time, I was drawn back to my roots and flew back to India.<\/span><\/p>\n

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With an in-house formulation, I started building my own team and back then there was just one member in our finance team.<\/span><\/p>\n

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.\u2049\ufe0f<\/span><\/p>\n

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!<\/span><\/p>\n

RazorpayX turned Banking Woes Into Banking Wows!<\/strong><\/h2>\n

\u27a1\ufe0f Vendor Payment:<\/strong><\/h3>\n\n\n\n\n\n\n\n\n
Before RazorpayX \ud83d\ude2d<\/strong><\/td>\nAfter RazorpayX \ud83d\ude2e<\/strong><\/td>\n<\/tr>\n
Manually adding each vendor’s details every time, consumed an enormous time.<\/span><\/td>\nUploading invoices in seconds with automatic updation of vendor details saves us more than half of our time<\/span><\/td>\n<\/tr>\n
Manually calculated TDS and made complex TDS payments<\/span><\/td>\nNow we add the TDS category to vendors and we auto-calculate, deduct and pay TDS for every invoice.<\/span><\/td>\n<\/tr>\n
Couldn\u2019t schedule payments for future dates & was prone to miss deadlines<\/span><\/td>\nCan now schedule payments for a future date and avoid missing deadlines<\/span><\/td>\n<\/tr>\n
Had no single dashboard to track all payments, hence had to juggle between multiple portals<\/span><\/td>\nA single smart dashboard to track all payments and get smart business reports & insights<\/span><\/td>\n<\/tr>\n
Had to spend 3 days just on manual calculations<\/span><\/td>\nIt\u2019s just a matter of a click and my vendor payments are highly simplified now!<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u27a1\ufe0f Tax Payments:<\/strong><\/h3>\n\n\n\n\n\n\n\n
Before RazorpayX \ud83d\ude2d<\/strong><\/td>\nAfter RazorpayX \ud83d\ude2e<\/strong><\/td>\n<\/tr>\n
Had to deal with multiple portals for tax payment<\/span><\/td>\nAdvance tax, GST and TDS payments all from a single dashboard<\/span><\/td>\n<\/tr>\n
Challan management was tedious<\/span><\/td>\nChallans generated and sent via e-mail<\/span><\/td>\n<\/tr>\n
Had to worry about deadlines and fines<\/span><\/td>\nCan now schedule payments for a future date and never miss a deadline<\/span><\/td>\n<\/tr>\n
Manually calculated TDS and made complex TDS payments<\/span><\/td>\nAutomatic and seamless TDS calculation<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
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Explore RazorpayX<\/a><\/div>\n

 <\/p>\n

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RazorpayX has shaped our business banking significantly.<\/strong><\/p>\n

\ud83d\udc40The 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.<\/span><\/p>\n

So one day my father walked in and he just curiously asked \u201cHow did this happen? I am taking 3 days just for TDS calculations and how are you doing it in just one click? Wow.\u201d<\/span><\/em><\/p>\n

I felt the power of technology. Today even my father uses RazorpayX for his business banking. Great, isn\u2019t it?\u2764\ufe0f<\/span><\/em><\/p><\/blockquote>\n

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.<\/span><\/p>\n

\u201cRevolutionising the industry and shifting the power in the hands of the end user, Vidushi thinks that <\/span><\/i>the most important thing is to believe in customer delight.”<\/span><\/i><\/p>\n

Explore RazorpayX-powered Current Account<\/a><\/div>\n

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

I was told: You can\u2019t 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-\u00a0 Vidushi Vijayvergiya- Founder and CEO of ISAK Fragrances I was in France, surrounded by the essence of the unique aromas. Did<\/p>\n","protected":false},"author":102,"featured_media":11128,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[131],"tags":[],"class_list":{"0":"post-11124","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-customer-stories"},"_links":{"self":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts\/11124","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/users\/102"}],"replies":[{"embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/comments?post=11124"}],"version-history":[{"count":0,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts\/11124\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/media\/11128"}],"wp:attachment":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/media?parent=11124"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/categories?post=11124"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/tags?post=11124"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}