Managing accounts receivable is daunting for any organization, whether small or large. This process involves maintaining customer relationships, tracking payments, and reconciling books. The accounts receivable department is vital in keeping the business’s cash flow and financial stability in check.
Category: Finance
With longer life expectancies and rising costs, building a retirement corpus of Rs. 5 crores has become a common goal. However, high fund expense ratios can significantly impact long-term returns and derail the Rs. 5 crore target. Controlling mutual fund
A personal loan can be an extremely useful financial tool in case of emergencies. It allows you to make good use of money at the most opportune moments. However, if you want to get a loan, you need to know
The insurance industry in India is divided into two broad categories — life insurance and general insurance. A policy which deals with all things life is classified under the life insurance category, whereas all other insurance plans are grouped under
A well-balanced and diversified portfolio is necessary for success in equity investments, whether you are investing directly or through mutual funds. Such a portfolio will help your investment gain profits while keeping it safe at the same time. One way
If you want to enjoy all the benefits of insurance, be it life insurance, car insurance or anything else, you need to comply with all the rules laid down by the insurer. One such rule is payment of the insurance
The post office fixed deposit (FD) is an excellent small savings scheme that helps countless small investors to build their wealth. Fixed deposits are offered by banks and non-banking finance companies (NBFCs) as well, but the post office FD scheme
Pre-market and post-market trading sessions All traders know that the market is usually open from 9:30 AM until 4:00 PM, Monday to Friday. The forex market is the world’s most massive financial market. People trade billions and billions of stocks
It’s true that the exchange market has the worst reputation in making people stay who have joined the market. Several studies and surveys have found that considering a period of 4 years, only 10% of the market joiners can stick
Some companies can offer loans for individuals who aren’t boasting a good credit score. Within the normal cases, banks don’t approve loans for individuals who’ve poor credit lines plus they choose to give approval for individuals who’ve good credit line
