Category: Financial Services
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Budgeting for Small and Medium Businesses
Budgeting? Forecasting? Variance analysis? Isn’t that for large conglomerates with hundreds of people in the Finance department who can burn the midnight oil to generate these reports? As a small business owner, this is most likely your line of thought now. We agree. Most small businesses would have a fair understanding of their monthly revenues…
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Working Capital Management vs. Growth: Striking the right balance for Business Success
As a business owner, you will likely find yourselves tossing up two options – effectively handling your working capital or focusing on growth. As you would already know – BOTH ARE CRUCIAL. If you take your eyes off one and focus on the other, it would prove to be disastrous for your company. What is…
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How Technology Can Transform Your Financial Functions in the coming days
In the financial world, technology is not just a tool; it is a catalyst for profound transformation in organizations, and financial functions are no exception. The integration of technology has not only streamlined financial processes but has also enhanced decision-making, improved accuracy, and increased efficiency. In a survey conducted by PwC, 65% of respondents stated…
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Compliance Roadmap for Startups in India: A comprehensive guide
Are you ready to transform your long-cherished dream into a thriving, real-world organization? Whether you’re launching an online app that invites subscribers or setting up a brick-and-mortar establishment with physical offices or retail spaces, there’s a critical aspect that demands your attention: Regulatory Compliance. Admittedly, it may not be the most exciting part of the…
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Top Financial Planning Errors and how to Overcome them
Financial Planning and Analysis (FP&A) is one of the most critical functions within any organization. It involves the assessment of financial data, budgeting, and forecasting, as well as strategic planning to ensure a company’s financial health and growth. However crucial and efficient your FP&A processes are, they are not immune to errors. Errors in Financial…