Optimizing Working Capital in Indian Operations
Optimizing working capital is essential for multinational corporations (MNCs) operating in India. With growing financial challenges, from fluctuating exchange rates to regulatory complexities, effective working capital management is pivotal in ensuring both profitability and sustainability. Efficient working capital management balances the ratio between current assets and liabilities, directly affecting an MNC’s liquidity and operational resilience. […]
Effective Inventory Management in Indian Subsidiaries through Proper Financial Accounting
As a Global VP of Finance overseeing Indian subsidiaries, you’re likely familiar with the unique operational and regulatory challenges that come with managing inventory in India. Efficient inventory management is not only crucial for optimizing working capital but also for reducing costs and maintaining compliance with Indian regulations. Below, we delve into the complexities of […]
The Financial Impact of Neglecting Regular Accounting Clean-Up
In accounting, there can be several bottlenecks. But nothing compares to the state of a business when you have bad books. Inaccuracy, incompletion, and disorganization in financial practices are the leading symptoms of bad books. This is not just bad for the audit times, it also impacts strategic decision-making and regulatory compliance. Bookkeeping is daunting, […]