Managing your Supply Chain under the New Normal

Managing your Supply Chain under the New Normal

The pandemic disrupted the global supply chain. China was the world’s manufacturing hub prior to the outbreak of CoVID-19. The virus outbreak and its subsequent spread has severely impacted the global supply chain exposing its many vulnerabilities and has had a massive economic impact. All businesses realized that a change in the supply chain processes […]
Bridging your heterogeneous applications for Fintech

Bridging your heterogeneous applications for Fintech

Fintech companies use technology to streamline financial services by automating certain processes. Multiple technological applications help achieve this. For this to be successful, these different applications should be able to share data with each other. Let us understand this with the help of an example. Consider that a business uses a payment gateway to collect […]
Softype tips for streamlining the purchasing or procurement process

Softype tips for streamlining the purchasing or procurement process

Procurement and purchasing are business-critical processes. A business can significantly enhance its bottom line by optimizing these processes. While many companies use the two terms interchangeably, purchasing is actually a subset of the entire procurement process. Procurement is a process that involves several of the following activities:  identifying the need for materials sourcing materials managing […]