Inventory cycle counting is an effective check-and-balance process to verify the in-stock inventory and reset any inaccuracies found in the process. inventory cycle counting eliminates the need of counting the whole inventory in a particular warehouse. A small set of items is picked instead and taken as a reference to compare it with the count…
read moreManual reconciliation is quite time-consuming and susceptible to errors. Since reconciliation is an essential aspect of every business, it becomes difficult to get an exact idea about the business finances without accounting reconciliation. Account reconciliation automation is a great way to make your accounting more efficient and fraud-free. So, what is accounting reconciliation and what…
read moreRobust financial management is the backbone of any business and it becomes even more important during a crisis.
read moreA CFO or Chief Financial Officer is a key member of the C-suite of any company who manages a whole host of key duties ranging from creating strategies to financial planning and improving the quality of services. If you are looking to avail of
read moreStarting a manufacturing company in India can be a rewarding and challenging venture. The country is home to a large and diverse population, which presents a significant market opportunity for manufacturers. Starting a manufacturing company in India requires careful planning and attention to detail. Here are some steps to follow: Choose a product or service:…
read moreIndia undoubtedly is one of the rapidly growing economies. Owing to its conducive economic ecosystem and infrastructure, India is the best country for business expansion. Lately, business expansion in India has become a breeze for those looking for a perfect environment for business growth- thanks to the futuristic policies of the Indian government and increasing…
read moreMany startups believe they only require a chief financial officer once they reach a particular size, and some assume that CFOs are exclusively found in large organizations. However, startups often expand considerably quicker if they have someone on board who knows their financial goals and can create appropriate methods. By hiring an experienced CFO, startups…
read moreFinancial statement mirrors the health and status of your business. Sorting through various aspects such as debit, credit, income, and expenses calls for financial literacy. Accounting is a language in itself; to understand financial summary, you must be wary of a few accounting terms. We are often approached by our clients with plenty of questions…
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