Cash flow management deficiencies can devastate any business. Indeed, even global corporations with multibillion-dollar revenues can deteriorate if they lack the exchangeability to pay their creditors. Therefore, a question is raised: Why is cash flow management so crucial for businesses? How can you ensure that your firm has sufficient liquidity to remain creditworthy?
An Overall Insight About Cash Flow: Definitions, Types, And Its Management System
The perception of cash flow is sometimes underestimated due to a lack of economic and financial understanding. Indeed, finance in general, and cash flow, in particular, are technical and intricating terms to comprehend. However, in this article, GCT Solution - a top financial software development company in Vietnam, will provide overall insights about cash flow definition and types of cash flow, thereby guiding beginners to the very first steps in managing their cash flows.
How Has Digitalization Transformed The Financial Services Sector?
Technology is rapidly transforming and enhancing the market. The majority of industries have reaped the benefits of technological progress. One of these industries that has advanced significantly as a result of technological progress is finance. In this article, GCT Solution - a top IT outsourcing company in Vietnam, will give you some insights into the benefits of technology in financial services and how digitalization has transformed the financial services sector.
Eight Technology Trends Shaping The Future Of Fintech And Banking
The FinTech world is moving at incredible speeds with the major transformations of Fintech businesses. These changes are significant because they affect everything relating to payments, money, and banking. With business in such a state of flux, there are predictions and trends for the future of Fintech in the coming years. In this post, we will forecast eight major technology trends that will drive fintech growth and alter the way finance operates.
Everything You Should Know About Digital Wallet
“Digital payments are growing at a compounded annual growth rate of 12.7 percent in the non-cash transaction category. From a mere 1.5 million merchants who are accepting digital payments to 10 million merchants, that this industry has added shows its potential and popularity.”, according to research by KPMG. Thus, offering a digital wallet, or e-wallet, payment option on e-commerce platforms can significantly increase conversion rates and return on investment (ROI) for businesses. In this article, GCT Solution will provide some knowledge about digital wallets in real life.
Things You Need To Know About The Bug Life Cycle In Software Testing
Normally, the Software Development Life Cycle (SDLC) protocols are followed by development teams while creating any software product. However, the development process is not always simple and seamless. In fact, various forms of flaws or bugs occur in the product during the development process. As a result, these flaws are recognized and addressed throughout the development process in order to offer a high-quality software product at the end. So, in this post, we'll talk about defects in the software development process, how they're detected during software testing, and how they're fixed.
An Interesting Case Study On Amazon Cash Conversion Cycle
Cash flow is one of the most important definitions in financial management, yet, it is hardly mentioned and analyzed, compared to other principles. In fact, cash flow is a financial term that originated from the accounting/ financing sector, which is a complicated definition for some people. However, its functions and roles are undeniable. In previous blogs, we have provided the overall information and highlighted the benefits of cash flow for businesses. In this article, GCT Solution - a renowned defi development company in Vietnam, will provide a case study of Amazon's cash flow to help you better understand this intricating term.
The Ultimate Guide For You About Agile Methodology In Software Testing
With the existence of Agile methods, software developers can guarantee quality while cutting down on production time and simplifying the development process. For that reason, testing has become the most important part of this method to make sure that development meets customer needs. Understanding the expansion of Agile methodologies in testing, GCT Solution - a leading software testing and development company in Vietnam, provides some informative insights about Agile Software Methodology in software testing, what the Agile Testing life cycle is, and how Agile Methodology functions in testing.
Verification And Validation In Software Testing: Why They Are Different And When To Use?
In the software testing industry, there has long been confusion over two terms: verification and validation testing. In this article, we'll examine what verification and validation in software testing are, why they are different, and when to use each testing method.
Game Testing: How To Create A Test Case
Game testing has become increasingly popular due to the expansion of the gaming industry. In fact, this ensures a seamless experience for gamers without intervention during the playing process. In order to successfully test the game, it’s important to understand the testing scenarios. We now have a solid concept of the types of ways we can test the features of our game. It's finally time to start writing test cases!