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mycfong-procurement-fraud

How To Prevent Procurement Fraud for SMEs

Protect your business from costly procurement fraud with this comprehensive guide. Learn a 12-step plan to secure your buying process, spot red flags, prevent scams, and safeguard your profits. Actionable...
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Aligning Business Goals with SME Trade Payables

1.0 Introduction: Aligning Business Goals with Trade Payables 1.1. What Are Trade Payables for SMEs? In small and medium businesses (SMEs), trade payables are the amounts you owe to others...
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mycfong-data-analytics-in-trade-payables

How Data Analytics Can Transform SME Trade Payables

Data analytics are an essential tool for small businesses, aiding in optimizing trade payables, managing cash flow, fostering strong supplier relationships, and detecting fraud. Additionally, they play a strategic role...
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mycfong-Supplier-relationships

The Art of Negotiation: Achieving Better Supplier Terms for Small Businesses

Introduction to Supplier Negotiations   Good negotiations with suppliers can make or break a small business. This blog post will discuss how small businesses can get better supplier deals. We will...
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