Discover a wealth of insightful materials meticulously crafted to provide you with a comprehensive understanding of the latest trends.
Despite the arrival of cutting-edge technologies, including artificial intelligence (AI), robotic process automation (RPA), and big analytics, Microsoft Excel still commands a firm grip over financial companies. Even today, analysts at Wall Street continue to rely on Excel sheets primarily due to their reliability, long history of use, and, sometimes, the sheer aversion to switching […]
Borrowing is evolving as fintechs in India usher in a new era, shifting away from traditional banking methods. The digital lending market, valued at $43.16 billion in 2018, is projected to skyrocket to $567.3 billion by 2026, boasting a remarkable CAGR of 26.6%. Interestingly, lending fintechs companies are at the forefront of this change, reshaping […]
A mere decade ago, instantly delving into a borrower’s financial history would have been considered sorcery. Today, however, APIs for GSTR analysis make this a daily reality. The APIs (Application Programming Interface) effectively ensure tracking of GST compliance, pinpoint errors, and auto-generate essential reports. Imagine a cutting-edge tool that not only facilitates error detection in […]
A healthy cash flow is the signifier of a thriving business. This financial status is especially beneficial for borrowers who do not own assets, which they can offer as collateral to lenders. Access to cash flow lending is enabling more underserved borrowers to get credit on the basis of business performance. For lenders, however, authenticating […]
As India’s lending ecosystem becomes increasingly digital and data-driven, monitoring borrower behaviour has never been more critical. With the Reserve Bank of India reporting a moderation in retail credit growth to 16.6% in June 2024—down from 21.3% the previous year—banks and NBFCs are placing greater emphasis on early risk detection and delinquency tracking to protect […]
As India’s lending ecosystem becomes increasingly digital and data-driven, monitoring borrower behaviour has never been more critical. With the Reserve Bank of India reporting a moderation in retail credit growth to 16.6% in June 2024—down from 21.3% the previous year—banks and NBFCs are placing greater emphasis on early risk detection and delinquency tracking to protect […]
There is a growing trend of some players in the startup world using misrepresented financials to attract an injection of capital into their ventures. For instance, a recently acquired promising startup was in the news when the acquirer discovered that the business’s financials did not tally up. The acquirer business, despite all efforts, landed in […]
A financially healthy company’s operations and growth often depend on effective cash management, which starts with developing a precise cash-flow forecast. Instead of a profit-and-loss statement, a cash-flow analysis balances several financial factors over a predetermined time frame. However, even a meticulous cash-flow forecast doesn’t guarantee future liquidity. To accurately predict the company’s financial inflows […]
With an annual growth rate of around 6-7% over the past five years, the Indian economy is growing at a steady pace. Micro, small, and medium enterprises (MSMEs) are a significant driving force of the economy, contributing around 30% to the country’s gross domestic product (GDP). Despite their impressive contribution to the country’s financial growth, […]
Bank statement analysis is important in obtaining and analysing financial data for finance and corporate management. According to Shopify, financial statements serve as an accounting form of assessing a business’s health. Although having a single bank statement for a business can provide valuable insights, but it becomes increasingly challenging once the business has multiple accounts. […]
