A business should not only have accounting profits but also cash profits in order to be truly profitable and financially stable. When a firm is cashflow positive, it helps the
Customer Due Diligence Process is one of the core activities performed by financial and lending institutions. This is the activity that they undertake to know their clients completely. This activity
Most businesses are focused on generating more business and delivering more product launches. But the key driver that enables a business to progress forward is cashflows. Businesses, especially small businesses
A debt recovery agent plays a crucial role in preserving the lender- borrower relationship. Acting as an intermediary between both parties, they take the necessary steps to ensure that businesses
Not getting invoices paid on time is one of the major problems faced by most SME and MSMEs. Invoice collection and collecting accounts receivable is the key to maintaining the
If you want to maintain a healthy cash flow in your business and smooth business relationships, learning to handle late payment invoices is crucial. You need to develop a structured
