Invoice processing starts with the accounts payable department receiving an invoice, verifying its details, getting approvals, and making payment.
Core banking solution is an effective banking service that benefits customers in manifold ways. Robust transactions, improved document management, customer…
Net Asset Value (NAV) is the net value of an entity’s total assets minus its total value of liabilities, further…
Fixed Cost, also called ‘overhead cost’ or ‘indirect cost’ is the business expenditure that does not get affected by the…
What is Business to Business or B2B? Business-to-business, or B2B is that part of the supply chain where information, money,…
The Statutory Liquidity Ratio or SLR is an essential monetary policy tool that is used by the Reserve Bank of…
Process Management is a systematic and structured approach towards ensuring efficient business operations. It intends to bring coherence and clarity…
Credit rating is the assessment of the financial behaviour and creditworthiness of borrowers. This is a significant determiner that shows…
“You can make the most of your resources and your time if you have a clear strategy to guide your…
Cash Reserve Ratio (CRR) falls among RBI monetary policies. RBI uses this monetary tool to curb liquidity risks and regulate…