SME Finance: Making Your Business Dreams Come True

AI is one of the excellent ways to help SMEs to achieve their goal shortly.Do you know the Sci-Fi movies you watch are based on AI?

Whether it’s in healthcare, education, or manufacturing, AI is getting great success in almost all the industry.Do Chatbot, robots, and digital assistants intrigue you?

AI is a field of computer science that focuses on the creation of a machine that can replicate human behavior.According to the research, AI as an industry is projected to surpass $390 billion globally by 2025, up from $24.9 billion in 2018.Advantages of AI to SMEs:Here let’s have a look at how AI is changing today’s world and helping grow the SMEs.

It is commonly perceived as AI might end up taking away jobs from the labor force, but the actual concept and purpose are to create jobs and responsibilities more efficiently.

“Customer Satisfaction”, if your customer is not satisfied then whatever new update or ideas you are bringing in won’t make any sense.

Major companies have begun to adopt AI and machine-learning as per the requirement and capability of a firm.

Twiga Foods and IFC’s Global SME Finance Facility are set to be part of an investment of up to Kshs 3.2 billion ($30 million) through unfunded risk sharing facilities (RSFs) with Tier 1 commercial banks with the first phase being led by Kenya Commercial Bank (KCB).

8 ways to make finance department fully digital

Without a doubt, digital technologies are making a big impression in finance departments around the globe — talk of processes becoming more accurate, leaner, faster and, as a result, more beneficial for the whole organization.

Here are 8 ways to go digital to boost your finance department’s overall productivity.

Sending digital invoices could be the solution to costly and time-consuming billing issues.

E-invoices guarantee a consistent invoice template; hence, you don’t have to always create invoices from scratch.

This means the organization gets paid faster, a thing any finance manager would love.

As a human being, you must have seen some dreams.

You have to work hard every day and prove yourself to earn respect and money.

But sometimes, if you can have an easy life by taking a short term personal loan.

Monthly debt: - In many cases, the revenue of your business can be generated at the end of the month or in the middle.

But you have to clear all your bills and the debts you can clear with your money.

Less paperwork: - Getting a loan with proper paperwork is quite a difficult job.

Generally, a healthy credit score ranges between 650 to 750 whereas 751 to 850 is considered as the highest score.

If your score is around those numbers, the chances for banks and financial institutions to lend you the larger loans would be much higher.

Not only that but potentially you’ll be able to get some better deals too!

Here are 5 benefits of having a healthy credit score besides less financially stressful life.1.

Credit Card & Loan Approval Chances With a healthy credit score, the chances to obtain credit card and larger SME loan Malaysia would be higher.

As financial institutions and banks are able to trust you as a borrower to repay your obligations.2.

According to new market research report "Intellectual Property Rights & Royalty Management Market by Solution (Standalone and Integrated), Deployment Mode (On-Premises and Cloud/Hosted), Organization Size (Large Enterprise and SMEs), Vertical, & Region - Global Forecast to 2021", The intellectual property rights & royalty management is estimated to grow from USD 4.28 Billion in 2016 to USD 12.68 Billion by 2021, at a CAGR of 24.2% from 2016 to 2021.The major forces driving the intellectual property rights & royalty management are increasing need for protection of IP assets from duplicity & monetizing the assets and continue need for the upgradation of IP rights & royalty solution from user.

Browse and in-depth TOC on “Intellectual Property Rights & Royalty Management Market” 87 - Tables                                                  41 - Figures 133 - Pages     Ask For PDF Boucher @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=2848114              The cloud/hosted segment is expected to grow at a higher CAGR during the forecast periodThe IP rights & royalty management market by deployment type is segmented into cloud/hosted and on-premises.

Cloud/hosted type is expected to grow at the fastest rate during the forecasting period.

This is due to increase in the usage of various broadcasting or distribution sources like smartphones and mobile apps.In terms of organization size, the large enterprises segment is expected to grow at a higher CAGR during the forecast periodThe organization size segment in the intellectual property rights and royalty management market comprises of SMEs and large enterprises.

The large enterprises segment is projected to grow at a higher CAGR during the forecast period.The education segment to grow at the highest CAGR during the forecast period based on verticalThe education segment is expected to grow at the highest CAGR during the forecast period.

The growth is attributed to the increasing deployment of digital education and several initiatives taken by governments to promote the E-learning across the world.Speak To Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=2848114North America is expected to dominate the Intellectual Property Rights & Royalty Management during the forecast periodThe geographical analysis of the IP rights & royalty market mainly explores the division into solutions type across the five major regional markets, such as North America, APAC, Europe, Latin America, and MEA.

In the current world, every business is subject to new competitors, expectations, channels, opportunities, and threats.

All businesses have the potential to become digital businesses.As the number of connected, smart devices from phones to wearables to cars are increasing, companies that reap information from market interactions, quickly deliver the digitally instrumented services or products and use insights to optimize their value chain are able to gain competitive advantage.The world is moving aggressively towards being digital.

This makes is important for you to adopt effective digital transformation.Learn more at Start Your Company’s Digital Transformation in 10 effective Steps.

Everyone's eyes & attention is on DeFi-the decentralized finance that runs on the P2P decentralized network.

DeFi works extremely opposite to traditional finance by bringing the entire Finance systems into electronic devices.

Our economic crisis backdrop has resulted in the new emergence of DeFi platforms across overseas.The creation of a new token involved in the DeFi applications is increasing and an endless opportunity is open for starting a DeFi application for individuals.

In this decentralized network, N number of users can freely trade without any disturbance of central authority.

Direct endless funding, flash loans, quick borrowing & lending services is absolutely what DeFi gives to you.Popularity of DeFi & the emergence of individuals players in the blockchain market has evolved in recent times.

Many people have already started making use of this opportunity by promising to make a diverse growth of the DeFi ecosystem.Let us take a look at the DeFi projects existing in the blockchain space.Orion protocolDIA (Digital Information Asset)CompoundYearn FinancedHedgeUniswapCurve FinanceMaker DAOSerumInevitable growth in DeFi applications makes a thriving demand for establishing their own DeFi Dapps on the blockchain space.

SolutionBuggy - India’s Largest SME Consulting Platform with 8000+ Verified SME Consultants and 60000+ Industries, Serving Across Various Verticals.SolutionBuggy is India’s largest SME consulting platform with a network of more than 8,000 consultants.

We help businesses who are looking for SME consulting by connecting with professional consultants.

Our SME consulting experts, by providing the required expertise, help businesses address their challenges.We provide a wide range of SME consultants services, right from market research and product identification to marketing and sales. 

SME Admin Assistance - Platinum VA works to reduce the burden caused by back-office tasks, so the entrepreneur can focus on what matters the most their business.

Our admin associate will be that dependable support system you can rely on while you focus on growing your business and taking care of your clients.

For more information visit -https://www.platinumva.com or call us at +971 4 325 7955.Facebook - https://www.facebook.com/platinumvaTwitter - https://twitter.com/PlatinumVAInstagram - https://www.instagram.com/platinumvaLinkedin - https://www.linkedin.com/company/platinum-va/

Digital transformation has become an essential part of a business strategy in the finance industry .

The finance app development leads financial institutes to digital transformation by ensuring faster processes, meeting regulatory requirements, and improving customer experience.

The evolution of digital transformation trends in the finance sector is responsible for the rise of fintech, and remains beneficial for financial companies.

Without discussing the impact of digital transformation in fintech industry, let’s go through the key aspects that are transformed in the finance sector through customized digital solutions.

Scope of Digital Transformation in the Finance SectorHere we highlight a few aspects in which the digital transformation can bring radical changes.

Enhances AgilityIt improves the finance company’s capability to give an effective response to disruption on the basis of past events and experiences.