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Complete Guide to the Vendor Selection Process
Vendor selection must be done right for businesses to reap its benefits. Digitized solutions, such as electronic vendor discovery and digital vendor management, can play their part in optimizing the vendor selection process.
Challenges with MSME Business Financing in India
Despite being a vital part of the Indian economy, MSMEs continue to face financing challenges. Supply chain financing can help resolve the challenges with MSME financing in India, leading to inclusive economic growth.
What is the Difference Between Invoice Financing and Invoice Discounting? Which Option Should You Choose?
Several businesses and entities may use the terms invoice financing and invoice discounting interchangeably. However, there are specific and subtle changes between the two. Businesses can choose the alternative from the two that can help meet their objectives by understanding these differences.
What is the Importance of Procurement Planning in Supply Chain Management?
Procurement takes up much of the total supply chain costs. Its sheer significance in every aspect of business operations makes procurement planning in supply chain management a necessity today.
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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.
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