1. East river Blog Singapore
  2. Ajay Experiences Paper-free Accounting for his Startup Tinvio

Ajay Experiences Paper-free Accounting for his Startup Tinvio

Ajay Experiences Paper-free Accounting for his Startup TinvioAjay Experiences Paper-free Accounting for his Startup Tinvio

Client: Tinvio

Name: Ajay Gopal

Business Name: Digital Services Sg Six Pte. Ltd.

Line of Work: Software & Programming

East river Package: Essential Secretary, Accounting

Member Since: July 2019

When Tinvio started operations to build a communication and commerce platform for merchants and suppliers, they were looking for an annual corporate secretary and monthly accounting service so that they could focus on growing their business while upholding corporate diligence.

Tinvio chose East river as the services they needed were clearly listed on the website with good supporting explanations.

“East river answered our questions via chat quickly. We were soon introduced to our appointed corporate secretaries and accountants without the need to meet physically or have phone calls. The set up was convenient,” said Ajay Gopal, founder and CEO of Tinvio.

East river Helps Tinvio With Back-End Corporate Tasks

As a young startup, Tinvio depends on East river for many corporate service activities such as adding new shareholders, tax filings, and preparing year-end financial statements.

One of their investors is an international public company, and Tinvio needed help with XBRL reporting for financial statements. As East river’s runs on Artificial Intelligence paired with the touch of human experts, the leadership team at Tinvio did not have to deal with any paper documents and can sign off on documents from any place at any time. Tinvio was able to meet all of the complex accounting needs for a venture-backed corporate structure.

Two years since then, East river continues to support Tinvio for various fundraising rounds as Tinvio continues to grow.

Tips to run your business smarter.
Delivered to you monthly.

You might like it

Entrepreneur's Bootcamp

The Cost of Living as a Foreign Business Owner in Singapore

When choosing Singapore as a base to run your business is the cost of living, you need to consider the cost of living.

E-commerce

5 Most Lucrative E-Commerce Niches In 2021

If you’re just starting or looking to go in a new direction, finding a lucrative niche will make every part of running your e-commerce business easier. This article will look at the trending e-commerce niches to consider.

Entrepreneur's Bootcamp

How To Pick the Right Company Name

Choosing a business name is not that simple, and you may wreck your brains over choosing one, only to find out that ACRA did not approve its registration.

Running My Business

Should You Consider Using Cryptocurrency in Your Business Operations?

There are more than 4,000 cryptocurrencies that exist. Before you jump on the bandwagon, assess whether cryptocurrencies are suitable to be used in your business.

E-commerce

7 Ways To Accept Payments For Your Online Store

Many payment options allow you to accept credit cards and other payment types. How do you choose which method to include on your website?

E-commerce

Customer Retention: How To Keep Customers Coming Back Repeatedly

Every business likes new customers, especially when the customer uses their services again and again. Existing customers help in creating a solid foundation of your business that provides a steady revenue stream that costs less than acquiring new customers.

Payroll

5 Tips for a Streamlined Payroll Process for SMEs

For a business to run smoothly, the payroll process must be streamlined and error-free. It is easy to streamline and optimize your payroll and other back-office processes within your SMB. Did you know that this can improve your cash flow?

Government Grant

Phase 2 Heightened Alert Support Package for SMEs (July to August 2021)

From 22 July 2021, Singapore has reverted to Phase 2 (Heightened Alert). Fortunately, the Singapore Government will be cushioning the impacts of the harsher COVID-19 restrictions with a $1.1 billion support package.

E-commerce

How To Offer Free Shipping Profitably

Should a customer or seller bear the shipping cost? Let’s explore how a profit margin can still be maintained while offering free shipping.

Secretary

What Is a Register of Controllers and Why Singapore Companies Now Have To Submit This Document

In April 2020, Singapore businesses will have to submit the Register for Registrable Controllers to ACRA. Before, your company was only obliged to maintain it internally. Now you will have to file the Register with ACRA electronically and maintain it updated at all times.

Government Grant

SG Govt Will Extend Loans for SMEs by 6 Months as Part of Heightened Alert Support Measures

Singapore's Phase 2 and 3 periods of heightened alert have undoubtedly affected many businesses, especially Small- and Medium-sized Enterprises (SMEs). As such, Finance Minister Lawrence Wong has announced additional support measures for these Singapore-registered companies on 5 Jul 2021.

Customer Stories

Clickshare Media Ventures Scales Up E-commerce Operations With East river as Accounting Partner

Clickshare Media Ventures (CSMV) is one of the fastest-growing e-commerce companies in Southeast Asia. In just 3 years, CSMV has built itself to be an 8-figure business with more than 10 direct-to-consumer e-commerce brands in the baby, beauty, and personal care industries.

✉️ Industry insights you won’t delete. Delivered to your inbox weekly.

Subscribe

You'll receive a verification email you'll have to open and confirm the subscription.