Compliance can be defined as a “conformation” to a rule, regulatory requirement, or standard. Staying compliant with the laws of the land is a requirement to which every business must…
Read MoreWhat is a shared service center? A shared service center (SSC) provides support services for non-core business activities. SSC can also be defined as a centralised business function that caters…
Read MoreA poorly performing accounts payable (AP) process can hurt your bottom line. Businesses are trying to streamline their finance operations by embracing paperless invoicing and restructuring their internal processes to…
Read MoreA vendor compliance audit is an important due diligence measure that flags any potential vendor, which can harm your company’s reputation. Compliance audit mechanism helps organisations find gaps or risks,…
Read MoreOutsourcing has evolved into one of the most effective and tested business models. In fact, it provides a competitive advantage to businesses in the long run. Outsourcing helps you delegate…
Read MoreThe pandemic has changed working habits and customer expectations, resulting in faster adoption of innovation and technology. Businesses must keep track of the compliance landscape and implement measures to safeguard…
Read MoreHR department takes care of the journey of an employee, from recruiting to retirement. HR is an integral organizational pillar that is responsible for maintaining statutory compliance, hiring and retaining…
Read MorePay-days are a happy affair. But the month-ends are a hectic period for HR and Payroll professionals. Setting up payroll for each employee, checking salary distribution, tax slab, and leaves…
Read MoreThe New Labour Code The new labour code, which was supposed to go into effect in July 2020, would most likely be phased in after the States draft rules on…
Read MoreThe VirtualMynd mobile app gives you instant access to the Mynd Automation suite, which includes tools (Finance, Accounting, and HR) for growing your business. The new mobile app will allow…
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