importance of financial discipline

Implementing Financial Discipline with ERP | ERP Finance

Implementing Financial Discipline with ERP | ERP Finance
Implementing Financial Discipline with ERP | ERP Finance Cash flow is considered to be the lifeblood of a business. Steady cash flow and healthy working capital are essential for manufacturing SMEs, not only to survive but also grow their business. Organizations must manage finances effectively in order to achieve this. Implementing financial discipline, right from the beginning, is important to prevent revenue leakages and ensure sound financial health of the organization. Let us now understand, what exactly is Financial Discipline? and How manufacturing SMEs can implement Financial Discipli...
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