Financial Statements Hold Key Business Insights for Different Decision Makers
Small Business, Financial Institutions Lia Francisco Small Business, Financial Institutions Lia Francisco

Financial Statements Hold Key Business Insights for Different Decision Makers

We looked into the importance of financial statements and financial data to small and medium enterprises, how they could harness insights from these records and use them to grow and thrive, even in the new normal.

Similar to the way that proper analysis of financial statements can immensely benefit businesses, banks and other financial institutions may glean insights to make data-driven decisions in lending, particularly in the evaluation of business loan applications.

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Financial Statements Yield Key Insights to Growing Your Business
Small Business Lia Francisco Small Business Lia Francisco

Financial Statements Yield Key Insights to Growing Your Business

Financial statements and financial data are some of the best sources of insights not only for those managing an enterprise but also for those with whom you do business. The proper analysis of financial statements can immensely benefit businesses in a variety of ways. It provides both internal and external players with insights to make data-driven decisions in investing, lending, and governance.

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Leveraging Fintech to Supercharge your Supplier or Vendor Assessment
Procurement Management Lia Francisco Procurement Management Lia Francisco

Leveraging Fintech to Supercharge your Supplier or Vendor Assessment

In today’s highly competitive business environment, the effective and efficient selection of suppliers and vendors is one of the most important challenges facing corporations. If a company gets the right supplier or vendor, it can result in a solid and mutually beneficial relationship. If it gets the wrong supplier or vendor, then the results, such as supply chain disruptions, can be costly, sometimes disastrous.

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Fintech CreditBPO partners with RBAP to help rural banks stay competitive
Financial Institutions Lia Francisco Financial Institutions Lia Francisco

Fintech CreditBPO partners with RBAP to help rural banks stay competitive

Pioneering fintech rating solution CreditBPO and the Rural Bankers Association of the Philippines (RBAP) have jointly announced a partnership in a move that supports the industry’s digitization efforts. The partnership will help streamline RBAP members' credit risk management workflows through quick turnaround times with auto-generated financial condition rating and benchmarking reports, focusing on actionable insights for prospective Small and Medium (SME) loan applicants and current SME customers. This will encourage risk-based lending within the SME sector, reduce its members' overall cost of lending, improving regulatory compliance and competitiveness that will spur SME loan portfolio growth, all enabled by technology.

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