Why Does Procurement Fraud Occur? Procurement fraud, as it is indicative of its name, can actually injure your organization by obliterating huge amounts of money, time and other crucial resources. Procurement fraud can occur for a multitude of reasons, some of which are mentioned below; Delivering customers certain goods of inferior quality, as opposed to…
Is Video Conferencing Changing the Way we Meet?
Video conferencing systems are a progressively turning out to be a more popular technique of co-working autonomously on physical remoteness. These systems so far have been able to simulate an environment of physical presence of participants through two-way audio and visual transmissions in real-time. There has been a remarkable success in enhancing the quality of…
3 A’s: Your Gateway to Enhanced Business Productivity
Two months into 2018, and you can sense your resolutions gradually fading away, isn’t it? Well, this is a well-known problem with resolutions; they are ratified with a bang at the start of the New Year, and reach the dusk of their life by Feb 14th. And you being a business owner must know that…
How to Make Your Business Standout From the Rest
Every business owner has a perception that his/her business boasts of something unique. Well, self-awarded appellations are always good to boost your morale, however be sure not to get carried away in the bling of owning a business. Be realistic, what is so unique about your trade? It’s not about your product; it’s about you,…
How to Improve Supplier Relationship & Performance
Procurement companies and professionals alike are always hunting for techniques to review, concretize & improve upon relations with their suppliers. The flipping of a calendar year provides a good opportunity to evaluate supplier performance in order to have seamless coordination whole year long. Nowadays, there are a number of ways to collect feedback. However, the…
Experiencing a Slowdown in Business? Lean Practices Might Help
Innovation and new concepts are the elements, which play a key role in accelerating an organization’s growth. Let us glance into the concept of Lean Management, which is nothing more than a set of principles or guidelines, specifically aimed to extract the best out of a limited amount of resources. Lean practices are crucial for…
Governance within SMEs: Bridging the Gap for a Sustainable Growth
Good Governance is good for Businesses As an outcome of numerous research’s, carried upon by various committees on the subject of governance, within businesses, shows that comprehensively governed organisations establish considerably better long-term financial outcomes, they grow faster and, more sustainably, in contrast with the organisations, sans any pragmatic principal roadmap. Conversely, inferior governance practices…
Moglix Credit Line: Credit Loans For Your Business Made Fast, Flexible & Easy.
WHAT IS MOGLIX CREDIT LINE? To alleviate the shopping experience of customers, Moglix has partnered with credit providers and rolled out an empirical, ‘Buy Now Pay Later’ option, deemed as ‘Moglix Credit Line’, using which, customers can buy products from our platform, on credit. With a pre-defined credit limit, a customer can make purchases on…