The technology-driven era of modern society has captured the vast area with ease for a diverse set of activities including financial transactions. Embedded finance for SMEs in the same context is the revolution for SMEs from tiring sessions of banks. Embedded finance provides financial services to SMEs at the right period by reducing friction and opening the new possibility for…
The relationship between academia and industry is a well-known concept. However, improvement is necessary to move from the traditional exchange of funding for research to the creation of long-term strategic partnerships incubators and innovation activities in the academic organization. The purpose of this study is to explore and design an innovative and sustainable framework to improve the industry-academia link by…
The SME banking and finance landscape today is highly digitized. Online banking services and mobile applications have been used by almost half of SMEs, and visits to ATMs and branches have decreased by 38%. This trend does set to continue as more customers prefer card payments and mobile banking. What can SMEs expect from these changes? Here are some key…
Companies prioritize employee retention since replacing employees, especially effective ones, takes time and money. Having brilliant workers leave your firm might pressure current employees who must take on more work until those jobs can be filled. Given this, it is critical to prioritize the retention of your top staff. Keeping your best employees these days is difficult. The workplace is…
In the erstwhile Industrial era of the 70-80s, organization size was a very important factor for growth. How large the company is made a huge difference to their fortunes and growth prospects. In the now Digital age, size has seized to remain that critical. Instead, agility has emerged as a key determinant of success. How fast an enterprise can learn…
India has about 60 million+ Micro Small and Medium Enterprises, including registered and unregistered ones. SMEs have contributed about 40% of total manufacturing and 34% of total exports to the Indian Economy. They have become crucial; to the country’s economic growth, leading to employment generation and entrepreneurial development. SMEs are heavily reliant on debts to fulfil their start-up needs, cash…
In the current economic climate, unlocking growth in micro, small and midsize enterprises is critical for the survival of businesses. Globalization has introduced many new regulations and policies that have a direct impact on the way companies do business. In addition, as India becomes more regulated, businesses are challenged with trying to comply with them. Simplifying business processes and systems…
Replacing an old phone, or car with a new one is always exciting. This is not the case in the life cycle of a business. Taking business to a new dimension is always difficult for SMEs in this competitive environment. It may sound uncertain, and risky however it is conceivable. An idea can help to commence a business but the…
Making decisions is a significant part of managing an SME. Customer payment is one decision-making scenario that frequently results in problems. When it comes to consumer payment, you must always choose carefully because it can make or break your firm. In addition to being necessary for business, giving credit to customers is also ethical. However, this is vulnerable to credit…
You must always stand out and shout or show your product in the busy business world. Your primary aim would be to search for a targeted audience or projected consumers how your business product or services would help the end-user, consumer or customer, making their lives more fun and accessible through what they are selling. The process in the world…