CredAble’s Post

Here is another reason why accurate landed cost is important: - Profitability: Understanding the total cost allows businesses to set appropriate prices, ensuring profitability. Without this insight, there is a risk of underpricing products and incurring losses. #CostManagement #BusinessStrategy #Profitability #CostingSystem

Many SMEs have substantial funds trapped within their supply chain. This guide simplifies the process of accessing these untapped resources to maintain steady cash flow. Learn how to find hidden money, leverage B2B benefits, understand supply chain finance, and follow easy steps to start unlocking your trapped millions. Take control of your finances with Financially Sound. Contact us today for expert guidance! #CashFlow #BusinessGrowth 🚀

This is Why Understanding Variable Costs is Crucial for a Profitable Business: Understanding variable costs is vital for driving profitability in your business. Variable costs fluctuate with production levels, including raw materials, labor, and utilities. By effectively managing these costs, you can make informed decisions that impact your bottom line. At Finovate, we emphasize the importance of tracking and analyzing variable costs. Knowing your variable costs helps in setting accurate pricing strategies, budgeting effectively, and identifying cost-saving opportunities. It also enables you to adapt quickly to market changes and maintain profitability during fluctuating demand periods. Our expert team assists you in breaking down your variable costs, providing clear insights that drive smarter financial decisions. We help you implement cost-control measures and optimize your resources, ensuring your business remains competitive and profitable. Don’t let variable costs eat into your profits. Partner with us to gain a deeper understanding and control over your variable expenses, and steer your business towards sustained profitability. #VariableCosts #Profitability #Finovate

Recent data shows that orders are on the rise for manufacturers, but there's still much uncertainty and many challenges facing small and medium-sized businesses. Here are some invaluable tips from Pete Dossett (CLS Commercial Brokers) and Wayne M. (Fifo Capital) for helping SMEs not just survive, but thrive in today’s competitive and unpredictable landscape. A/ Cash Flow Management: Maintain a healthy cash flow by keeping track of your expenses and revenues. Consider invoice financing to bridge gaps. B/ Expense Reduction: Identify areas where you can cut costs without compromising on quality. Negotiate better terms with suppliers. C/ Diversify Income Streams: Explore new markets and products to reduce dependency on a single revenue source. D/ Strategic Planning: Regularly review and adjust your business plan to adapt to market changes and opportunities. Stay ahead and ensure your business not only survives but thrives! Contact Declan Devlin for further insights into how Fifo can help your business. #FinanceTips #BusinessGrowth #FifoCapitalIreland #BusinessFinance

We are excited to launch our Working Capital Playbook on Logistics - A Complete Guide to Supply Chain Financing. This report provides a crucial statistical overview of the Indian logistics sector, shedding light on the prevailing working capital conditions and the challenges faced by logistic players. From longer payment cycles of over 60-90 days to tedious cash conversion cycles and severe cash flow issues addressed by 71% of logistics professionals, this report pinpoints several Working Capital Sinkholes in the logistics sector. Explore more on how our working capital solutions can help address these challenges, providing industry players the comfort of operational efficiency, risk mitigation, technology adoption, improvement in cashflows and reduced dependency on equity with real-world case studies illustrating successful working capital management strategies. 📑 Download your Report now: https://bit.ly/49JzqmU Nirav Choksi | Ram Kewalramani | Ashutosh Taparia | Satyam Agrawal | Surath Sengupta | Manu Prakash | Kapil Kapoor | Debashree Lad | Gaurav Dugar | Ketan Mehta | Ranjit Singh | Pankaj Nagar #WorkingCapitalManagement #LogisticsFinance #SupplyChainFinancing #OperationalEfficiency #CashFlowSolutions #logistics #WorkingCapital #CredAble Think Working Capital, Think CredAble.

Here is a great example of how we can help companies, especially manufacturers, with their cost reduction needs. Cindy, in the story below, identified there was an opportunity for cost savings with their shipping, but did not know where to start. That is where we come in, because we know the: where, who, what, how & "how much" to get the right solution for our clients so they are happy with the solution while maximizing their savings. If you have a cost/expense item that has been on your mind for a while, reach out to me for a discovery conversation and let's see how we can help you today! #manufacturing #costoptimization #smartbusiness #coststrategies #cashflow #profitability

Progress held back due to a tight cashflow? Worry no more! InvoiceMate is there to help your working capital needs. So, don’t miss out on your growth just because of an unpredictable stream. To understand more, feel free to reach out and get a free demo scheduled or comment below and get free consultation to your financial problems. #InvoiceMate #growyourbusiness #cashflowproblems #SMEs #dubaiFintech #workingcapital #UAE

Kannanware can help you gain a competitive edge in your industry by delivering better products or services, faster, cheaper, and with higher quality. Finance BPR is the way to go. Leverage the power of BPR to simplify processes, enhance efficiency, optimize customer service, cut costs and save time. Consult with Kannanware, the proven experts to handhold your organization through the entire process. Experience transformational benefits. #KannanwareFinanceBpr, #ReengineeringFinanceOperations, #OptimizedEfficiencyThroughBpr

Wondering where to start in optimising your supply chain for better financial results? Our free whitepaper takes you step by step through how to understand and develop your supply chain to be able to maximise efficiency, reduce costs and better serve your customers. Download whitepaper 👉 https://buff.ly/46hjfeH #whitepaper #supplychains #finance #supplychainexcellence #supplychainoptimisation

Transform challenges into opportunities in #manufacturing. Amidst rising #InterestRates and sinking deductions, learn how to effectively manage your cash flow and control business variables. Explore #GrantThornton's article for strategies and insights on how you can accelerate growth in today's environment. https://bit.ly/461QjaT