Reading Time: 3 minutes Background Every business has many stakeholders and the importance of each stakeholder is different from the other. One such stakeholder are the vendors of an organisation. Vendors are a critical participant of various cycles in an organization such as procurement to pay, record to report, and more without whom the business may not thrive as… Continue reading Importance Of Having A Transparent Vendor Eco-System
Reading Time: 4 minutes Introduction Trade financing can be understood from dissecting the term itself – Financing a trade. It can be done by financial institutions like banks and NBFCs. Bill discounting is a mode of raising working capital for a seller who sells goods on credit. Since the period of credit could be long, hampering the working capital… Continue reading How Discounting Platforms Can Ease Your Cash Flow & Vendor Management?