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Invoice Discounting Vs Factoring: Which Is The Better Option For MSME Financing In India
MSME financing in India provides a plethora of options for businesses in need. One of the choices includes invoice discounting vs factoring. There are a few factors — namely, the working, differences, and pros and cons of each alternative — that must be considered before being able to come to a conclusion in this regard.
Ukraine-Russia War: Combating The Increase In Raw Material Prices
Businesses everywhere are feeling the effects of the Russia-Ukraine conflict in the form of exorbitant procurement costs. There are several measures that could be taken to offset such costs during the ongoing phase.
How MSMEs Can Dream Big: A Roadmap To ₹1000 Crores Turnover
All businesses aspire to eventually make it to the holy grail of ₹1000 crores in revenue annually. A combination of technology implementation, crafty investment, and risk-taking are key for businesses to have a real shot at this arduous but achievable objective.
4 Financing Options Your Business Can Avail For A Steady Working Capital
Businesses have a multitude of financing options to choose from to stabilize their cash flows and working capital management. Opting for a tech-led financing solution can ensure their long-term survival and growth.
What MSMEs Can Learn From Amazon About Digital Procurement
Amazon’s path-breaking business strategies, investment choices, and technology adoption have made it the biggest conglomerate of the 21st century. Some of the retail giant’s strategies, especially the ones related to sourcing, can be emulated by MSMEs to make their supply chain operations more efficient.
How Tech-led Supply Chain Financing Bridges The Finance Gap In India’s Agri Industry
MSME agribusinesses find it routinely challenging to secure credit from banks and other financial institutes to sustain their operations. Technology-based solutions can offer avenues to correct this problem.
E-Auctions or RFPs? What MSMEs should choose for Efficient Procurement and Why
E-auctions help businesses control their procurement costs, create long-term vendor partnerships and strategies, and make their logistics operations smoother — things that can be difficult or impossible by going down the RFP route.
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