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Sound financial management is key to business success. It helps ensure steady and healthy cash flow enabling business to address dynamic challenges and tap into new opportunities. Considering the extent and complexities involved in finance and accounting, companies are increasingly seeking to outsource financial services. As a result, financial services outsourcing sector is gaining great
75% of online shoppers rely on product images to make the buying decision, while 22% returns happen because the product looks different in reality. Creating and building an ecommerce brand is a tricky business. In an increasingly crowded marketspace players are vying to attract potential customers to visit their site and make purchase. However, there
Retail continues to change rapidly, driven largely by consumer expectations and emerging technologies. Not only millennials but all consumers now expect ecommerce services that offer reliability, convenience, speed and security. One big trend that shows no signs of slowing down is the demand for custom retail experiences. This often involves face-to-face encounters but can also
The real estate industry contributes $3.5 trillion to the US GDP. While the industry is the largest asset class sector in the world, it has been relatively slow in embracing technology. However, disruptive trends are compelling players to go beyond conventional operations and strategies to drive profitability and provide better customer service experiences. We all
Accounts payable and receivable (AP and AR) services are key to effective cashflow management. Both AR and AP help understand and provide complete visibility into the financial health of a business. However, given the volume and complexities of the transactions, both these functions are becoming increasingly tedious to manage. The challenge is further compounded by
Real estate companies are increasingly adopting the process of lease abstraction that allows them to summarize essential business, legal and financial terms and conditions. A summary of key lease provisions makes it easy to locate and access information as per business requirement. However, the volume and complexities of commercial real estate leases can make
‘Impulsive shopping’ isn’t a thing anymore. It’s just ‘impressive product description’ that drive purchases these days. An amazingly designed website, enticing high resolution photos with crisp and attractive product description is the perfect formula to persuade your customer to complete the purchase. Product description can be sassy, simple, funny or even direct. You can
E-commerce is becoming increasingly accessible and consumers are shopping on the go. The convenience of shopping anytime, anywhere makes online shopping a preferred medium of purchasing. Additionally, there are more stringent shopping and safety standards that assure consumers of a great shopping experience in a secure environment. However, despite all these, online purchases haven’t necessarily
When you have a business that’s growing and expanding. The temptation to have your own office is strong at this stage and you want to lease your office space. However, it is important to be aware of the many pitfalls that most businesses owners make when leasing for the first time. Prioritize Budget and Function
It is the era of ecommerce where Amazon alone is recording net revenue of $177.87 billion, while the industry itself has experienced almost 25% growth worldwide. However, despite this growth and the promise of opportunity ecommerce holds for entrepreneurs, many end up making costly mistakes. Here are some of the ecommerce essentials that every aspiring