Services
STORAGE & PRESERVATION
Storage and preservation are essential practices across vari-ous domains, including food, data, artifacts, and more. In storage, there is no scarcity of the product; but in preservation, there is scarcity. When it rains heavily, water is stored in all the lakes and tanks; when the rain fails, water is preserved in them, only for emergency needs. In other words, during month-beginning, money is stored in your wallet ; during month-end, money is preserved somewhere else, not in your wallet, due to the fear of your money being mishandled by somebody.
PROCUREMENT & SUPPLY CHAIN
Procurement oversees the acquisition of goods and services for a company to function. While procurement and supply chain management are often mistaken for each other, procurement is actually a microcosm of the broad supply chain. Efficient procurement in supply chain will help you reduce costs and boost profitability. In this article, let’s go through the definition and the differences between supply chain and procurement management, the steps involved in procurement, and how technology can level up your procurement process.
COLLATERAL MANAGEMENT
FINANCIAL MANAGEMENT
Financial management is about controlling the flow of money in and out of the organization. Every business needs to sell products or services, pay expenses, balance the books, and file taxes. Financial management encompasses all of this, along with more complex processes, such as paying employees, buying supplies, and submitting reports to government agencies to show they’re obeying applicable laws and regulations. The act of overseeing all these transactions for a business is what we mean when we talk about a company’s financial management. In general, the bigger the company, the more complicated financial management becomes.
