Businesses across the spectrum—from small startups to multinational corporations—are constantly seeking innovative ways to enhance efficiency, reduce costs, and remain competitive. One such strategy that has gained significant traction is Finance Process Outsourcing (FPO). According to Deloitte, 36% of companies globally are now outsourcing their financial functions, and the global FPO market is expected to […]

In today’s hyper-connected global economy, Micro, Small, and Medium Enterprises (MSMEs) are no longer confined by geographical borders. In 2023, global trade for MSMEs saw a significant surge, with international sales contributing to over 50% of their revenue growth in regions like Asia-Pacific and Europe. However, navigating the complexities of international finance remains a daunting […]

When a Micro, Small, and Medium Enterprise (MSME) seeks financing from a bank, it often feels like a patient in need of urgent care. However, instead of receiving the critical support required, these businesses are met with endless requests for documentation and face long delays in loan approval, if they manage to secure financing at […]

India’s MSMEs are the unsung heroes of the Indian economy, contributing significantly to GDP and employment. However, a recent World Bank study revealed that only a meager 10% of Indian MSMEs export their products, a stark contrast to the 40% average in other developing economies. This alarming statistic underscores the pressing issue of market access […]

The Indian economy is projected to become the world’s third-largest by 2030. Behind this growth lies a vibrant small business sector, with over 63 million micro, small, and medium enterprises (MSMEs). Yet, a silent crisis threatens her potential: the lack of skilled manpower. According to the National Sample Survey Office (NSSO), only 4.69% of India’s […]