Prior to an acquisition, investment, business partnership, or bank loan, due diligence is a process of study and analysis that is started to determine the value of the topic of whether there are any substantial issues related to the diligence or the results of these investigations are then compiled in a report known as the due diligence report. Introduction Analysing...
Introduction The barter system, wherein people used to exchange commodities and services, is when the idea of indebtedness first emerged. What if one or both parties fail to deliver the promised products in exchange for the promised goods, necessitating the necessity to assert the debt? Since 2005, there have been several incidents involving unpaid debt in the UAE, but not...
Introduction: Business Credit Report Many businesses are unaware of what a business credit report is, how it operates, or how to use it to win contracts, establish your company’s creditworthiness, or lower costs related to interest rates and insurance premiums. Despite the fact that a business credit report can provide important information about a company’s financial health, many businesses aren’t...
Introduction It has been announced by the government of India about Digital India project in 2014, which consists of nine “pillars.” While much of the attention in its formulation was on issues related to e-governance, electronics manufacturing was one of the many pillars. It’s taken a long time, but there’s finally a chance for significant progress. In the meantime, the...
Introduction What is one cash flow approach that can assist a business in generating positive cash flow? We asked business executives and professionals for their best advice on how to produce positive cash flow. There are various ways to achieve positive cash flow, ranging from starting the business to raising your prices. Many parts of the business are difficult to...
What are the advantages of the Indian Factoring Regulation Act? When financial institutions like NBFCs are ready to take on the risk of collecting pending receivables, it gives MSME business owners more options. Many MSME owners, for example, may be unwilling to wait for payments and may be eager to sell their receivables at a discount. Furthermore, the risk of...
The Debt collections business is primed for even greater transformation in 2022, which should come as no surprise. The latest modification to Reg F, lenders’ digital-first strategy to engaging with consumers, and the improving economy are all going to make things more difficult for third-party collectors. Changes in customer behaviour and the termination of industry-specific moratoriums are exacerbating the situation.So, what...
The days of credit decisions being made solely on gut instinct are long gone. The Credit Opinion Report simplifies credit decisions by determining if and how much credit should be offered to a company. A brief assessment of the company’s business state, a rating, the probability of insolvency, and the recommended loan limit are all included in the Credit Opinion...
Accounts receivable show how much of your cash flow is delayed owing to past-due client bills. Here’s how you can deal with it. Receivables tell you how much of your cash flow is being held up by unpaid client invoices. Accounts payable refers to the money you owe to your service providers, whereas accounts receivable refers to the money you...
An economic crisis occurs when a country’s economy suffers a major decline. We also refer to it as a genuine economic downturn. A financial crisis is almost always the catalyst for an economic downturn. Typically, GDP declines during a crisis, liquidity dries up, and property and stock market prices collapse. It’s a downward economic spiral that’s just getting worse. Sri...