A ship in harbour is safe, but that’s not what ships are built for. Similarly, it is next to impossible to grow a business without taking credit risks. However it’s important that risk mitigation measures are also in place lest your business succumbs to a stormy business environment. RBI recently
Once a private bank was sifting its corporate client list using PAN numbers. To their surprise, they found the names of 15 clients registered under a single PAN. In effect, 15 different versions of its name had led to the client name being registered differently by the bank officials. Company
An entrepreneur wants to know the financial health of customer/suppliers in order to make informed business decisions. A manager in turn needs financial metrics to direct his team better while an investor makes it an important criterion for his investment decisions. Financial performance analysis entails a full diagnosis of the
Microsoft has retired Internet Explorer and will go out of support on June 15, 2022. Click here to read more from Microsoft on this. Continuing to use a browser not supported will result in serious security risks and vulnerabilities. Click here to read more on what Microsoft says. Considering this it
Credit makes the world go around. Without this life blood of the economic system, many businesses would cease to exist. If a company makes a sale on credit, only when the cash is collected that the sale is considered to be final and complete. Credit department plays an important role