WhatsApp forwards and corporate hampers are here to remind us that festival season is upon us. With the season bringing a boom in demand, it gives every business a chance to grow their toplines. However, rising to the opportunity is a challenge for many.
Forecasting today is basic Econometrics – this much is known. Yet, the human exists in this process – tinkering with variables and doubting results. As although cash flow forecasting is highly methodological, its predictive nature leaves great room for subjectivity. And it is these spaces that become filled by the maker’s own judgment and flair.
The International Financial Services Centres Authority (IFSCA), established at GIFT City, Gujarat, has floated guidelines to set up International Trade Finance Service (ITFS) platforms. These platforms will facilitate trade finance between exporters and importers, through financiers from across the globe, in a currency of their choice and at the lowest possible rates discovered through a transparent, online auction mechanism.
A chain is as strong as its weakest link and strong supply chain partners are critical to an organization’s success. Find out how Vayana Good Business Score (GBS) can help you assess your supply chain partners.
Take a walk through the nearby market in your locality, and you will spot several Kirana Stores and Grocery shops. But in spite of store owners’ hard work, these stores look the same over the years. Ever wondered why?
Many functional heads view the CFO as a daunting figure, since it is the CFO’s task as the financial conscience-keeper of the company, to ask the tough questions on revenues and costs. However, Finance Heads can gain a larger understanding of how other functions work.