How the CFO defines their role in Technology Decision Making

How the CFO defines their role in Technology Decision Making

Historically, a CFO focuses on compliance, reporting, cash flow management, budgeting, and similar internal aspects of the organization. However, with technology impacting more business functions, CFO roles and responsibilities are changing too. A CFO has to play an essential role in technological decisions, as they impact the business’ bottom line. The CFO is no longer […]
The Top 5 Accounting Challenges of International Expansion

The Top 5 Accounting Challenges of International Expansion

Businesses expand globally to increase their revenues and profits. Digital transformations, necessary to keep pace with rapidly changing business environments, enable companies to successfully navigate their global expansion. However, international growth is a big step for any business, large or small, and it comes with its fair share of challenges. These challenges must be addressed […]
Financial Agility through AI Revolution

Financial Agility through AI Revolution

The pandemic ushered in business-wide digitization. Also, given the scarcity and resource crunch, it became essential to have financial agility in the system. Companies turned to technology to help them track, manage, and control their finances effectively. Hence, from now on it would be advisable for companies to look for future-ready solutions. Artificial Intelligence-based or […]
Building an Effective and Efficient Sales Workforce in the New Normal

Building an Effective and Efficient Sales Workforce in the New Normal

The pandemic has resulted in a seismic shift in the buying processes of companies. The customer experience across multiple touch points for various digital channels has replaced the in-person sales interactions. Sales professionals have to transform themselves and learn new skill sets to be effective and efficient in this scenario. Also, the digital way of […]
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 […]
What makes the right technology consulting service partner for your Business?

What makes the right technology consulting service partner for your Business?

Are you thinking of hiring the services of a consulting partner for your company? Are you looking at business growth? Are you aiming to solve certain intrinsic issues but are unsure whether you should do so internally or hire a consultancy firm? Finding the right consulting partner is a daunting task. Many organizations that have […]
The Future of Retail

The Future of Retail

Retail companies are a customer-focused business. They need to constantly think of ways to not only satisfy but also enhance the customer experience. Covid-19 has impacted the retail industry immensely and it has resulted in permanent changes. The retail industry is rushing to adapt and keep pace with these changes and implement solutions quickly. According […]
Business Automation Platform– On-Cloud or On Premise?

Business Automation Platform– On-Cloud or On Premise?

A business automation platform is an essential system for businesses as it helps companies streamline processes and store business-critical data in one place. The advent of newer technologies resulted in the introduction of on-cloud business automation solutions. Initially, majority of the business automation solutions were on-premise. However, on-cloud solutions have gained acceptance over the past […]