In this pandemic, restricted movement and social isolation have become the new normal. Therefore, the logistical situation of the majority of channel partners and their workforce today is vastly different from that of the beginning of the year. With remote working the new normal, the challenge is reaching out to customers, partners, clients, and employees….
Author: Jeevan Kumar
5 Major Hidden Costs of Manual Expense Management
Expense management, in most organizations, brings to mind spreadsheets or email-based reporting. While this seems streamlined from the outside the work, it remains complex and tedious. Multiple steps, cross-checking at every level, authority sanctions, and cross-department forwarding are only some processes eating into the company’s person-hours. Manual expense management is very costly in terms of…
Priorities for the Finance Teams of SaaS Companies during the COVID-19 Pandemic
Progress is usually gradual and spreads over a period of time. The pandemic, however, has changed that with several in-the-pipeline projects being initiated almost overnight. This, combined with disrupted supply chains, is unprecedented, but finance teams can help reduce the impact. By working towards stabilizing the company in the short-term and positioning it for recovery…
The State of Expense Management in a post-COVID world
With supply chains disrupted, there is an unprecedented strain on the resources and capabilities of businesses. This has, unsurprisingly, brought business continuity into question. Therefore, in the face of this pandemic, ensuring accurate and efficient expense management is the smartest way forward. Under immense pressure to prepare for the post-COVID world, the management and the…
How has the Coronavirus pandemic accelerated digitization
“Necessity is the Mother of Invention” The coronavirus pandemic has proved this saying to be true. The world has begun to find new ways of functioning to adapt to the ever-changing global crisis. The businesses, in particular, have been the most effected. But they have found new innovative ways to keep going which in fact,…
Everything you should know about corporate credit cards
Every business is constantly looking to better its financial stability. A corporate credit card just helps ease up things. If used efficiently, this card can be an invaluable asset for a firm. In simple terms, a corporate credit card helps in smoothening out the financial operations of a business. It is an innovative tool and…
Why a corporate credit card may be just what you need?
Walking on thin ice can be dangerous, they say. Ironically, that’s what a lot of businesses do most of the time. They walk on financially thin ice. Every company is always looking for ways to better its’ financial operations. And that’s what exactly corporate credit cards do. They simplify the lives of businesses. What is…
Drivers of Fintech Industry
Financial technology used to be the back-end support function for many companies. Venture capitalists have not seen the importance of it and have barely invested in the sector. Over the last decade everything has changed, venture capital skyrocketed and the investments have increased from 5% to 20%. Fintech has taken its place in the innovation…
How to uplift employee motivation during the “unprecedented times”
Many employees would be going through an emotional turmoil because of this infamous ‘unprecedented time’. Employees’ motivation levels across workplaces are unprecedentedly bordering frustration & anguish. The tremors are not only felt in Delhi due to the earthquake but also in the minds of employees. Working in isolation, dealing with work pressure, project deadlines, client…