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Showing posts from August, 2022

Supplier Risk Intelligence: Proactive Approach To Save Millions!!

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  Supplier Risk Intelligence: Proactive Approach To Save Millions!! Introduction Supplier Risk Intelligence aims to reduce supply chain interruptions by hastening response to as many possible preset events. We now know that dangers in the supply chain can originate from anywhere. Although some risks occur more often than others, even those that seem less urgent might be harmful. These might include shifting market dynamics, rival companies expanding their market share, cutting costs, or changing consumer preferences. While checking margins, expenses, and quality, businesses must be adaptable and resilient. Customer satisfaction must continue to be a top concern, needing the ability to quickly adapt the supply chain intelligence to meet changing customer demands. No matter how little it may appear, a single supply chain disruption can affect any of these factors. Therefore, each organization that depends on others for its success must conduct a supply chain risk assessment. The main...

Outsourced CFO : A cost effective solution for smaller companies!!

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  What is an Outsourced CFO? In today’s outsourced and globally connected business world there are many functions of businesses that are being outsourced like accounting, payroll, operations, IT, and marketing among others. Unfortunately, not many companies are aware that  finance as a function can be outsourced too . Herein, comes the importance of an Outsourced CFO. An outsourced CFO is a financial expert who provides financial services on a part-time or full-time basis to companies. The role of an outsourced CFO is to provide strategic insights as well as provide expertise in areas such as formulating strategy or providing core financial services help. This includes areas such as support in finding cash flows, raising capital, implementing more efficient systems, or formulating growth strategies. Usually, outsourced CFOs have considerable experience performing high-level financial roles as they may have worked in corporate finance roles in other reputed organizations. Why o...

A perfect Investment Memorandum- The first step to a successful fundraising!!

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  Introduction An investment memorandum is a legal document that outlines a private placement investment’s goals, risks, and terms. Financial statements, management biographies, a full explanation of the business activities, and other information are included in this document. The purpose of an investment memorandum is to inform purchasers about the offering and protect sellers from the risks of selling unregistered securities. It is a document sent to potential investors. It is an essential business plan that skilled investors may use to do due diligence. These documents are mostly a formality employed to satisfy securities authorities’ obligations, as most intelligent investors conduct substantial due diligence. However, offering memorandums is comparable to prospectuses—private placements rather than public offerings. An offering memorandum, also known as an investment memorandum, is often prepared by an investment banker to explain a company’s capital requirements to potential ...

Procurement Analytics for Spend Base Reduction

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  Introduction The practice of employing quantitative methodologies to obtain actionable insights and outcomes from data is known as procurement analytics. It entails gathering and analyzing data to enable fact-based decision-making and competitive advantage. It usually reports on what has happened in the past and makes estimations based on historical data using predictive analytics to predict what will happen in the future. Procurement analytics uses quantitative methodologies to obtain meaningful insights and outcomes from data to provide companies and firms with better visualization of their procurement budget. Predictive analytics software gathers data from internal and external sources and organizes it in procurement dashboards. They enable businesses and organizations to use procurement data to make informed decisions and obtain strategic, competitive benefits. Procurement analytics is critical for enhancing the efficiency of a company’s overall business operations and provid...