Envisaging a matured process with digital capabilities and a governance framework that delivers value for money, open and effective competition, ethics and fair dealing, accountability and reporting – maintaining transparency at all touchpoints.
Micro, Small and Medium Enterprises’ (MSME) contribution in the development of Indian economy has been significant, both in terms of contribution to GDP and creation of employment opportunities. Many studies show that economic growth of any country is closely associated with SME’s development and there exists a positive relationship between …
What is financial process automation (FPA)? Streamlining, standardizing and bringing in continued efficiency in the financial processes, has always been a challenge for organizations. ERPs could solve the problem to an extent, but owing to the changing technology, skill set and the needs of analytical reports, most organizations struggle for …
Corporate Culture : Your Face To The World The world knows your organization by its overall culture. This is because organizational culture reflects how your people interact internally and externally, how they feel for the work they do, how well they have upgraded to the newer trends and norms of …
Many companies today have a strong focus on improving cost efficiency resulting into a paradigm shift in the role of procurement. The traditional procurement professionals have walked out of the stereotype of “RFI – RFP – comparison – negotiation – contracting – SLA / KPI – deliveries – receipt – …
