A Business Magazine To Keep Tabs On The Market
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All Posts in "Month: January 2022"
An Introduction to Hosted Unified Communications
Businesses across the globe are looking to reduce the complexity of managing their communication services. This is being done through different means, such as introducing instant messaging, location tracking, telephony and internet connectivity in all-inclusive packages. In marketing terms, this is called Unified Communications. With technology moving so quickly, this is becoming a vital part of any businesses communication strategy.
What Can Be Integrated into Unified Communications?
There
are a variety of services that businesses use on a daily basis that can be
integrated into a Unified Communications presence and allow for AZ termination
of a business’s services.
VoIP calling can replace old-style telephony due to its utilisation of the
internet rather than traditional telephone lines. A Unified Communications
system can also allow colleagues to determine availability within their
department if a call needs to be transferred, leading to a smoother query
escalation. This can be facilitated with … More >>>
Interest Rates Of Fintech Industry For Unsecured Business Loans In India
Many small business units face challenges in obtaining unsecured business loans at competitive interest rates. Either the interest rates are exorbitant, or the payment structure is unfeasible with high prepayment penalties. This lack of democratization of finance has changed in recent times with the advent of the fintech players. Fintech players focus on the speed of loan processing, efficiency, and ease of business loans disbursement for the customer.
While NBFCs offer unsecured business loans at attractive interest rates, there are some internal and external factors which influence the pricing of the interest rates, which are as follows:
- The rate of Inflation: Inflation increases the prices of products and services. However, inflation reduces the value of currencies and purchasing power in general. The fall in the value of currencies increases the rate of interest on business loans. Fintech lenders extend business loans at higher interest rates if the inflation rate