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Showing posts from September, 2022

Revenue operations- Meaning And Comparison With Sales Operations

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  Revenue operations are an essential part of an organization as they focus on driving growth and revenue. It includes an array of tasks that deal with not just one but multiple departments of an organization. Contrary to this, sales operations is a team or a part of the organization that only focuses on driving sales and thus works with a single department. In this blog, we’ll get essential insights about revenue operations, and the difference between sales ops and revenue ops. What are Revenue Operations?  For any organization whose main aim is the generation of revenue, revenue operations targets maximizing revenue. B2B organizations who wish to increase their revenue and their revenue potential, needs a revenue operations team. This team helps them by streamlining, and aligning various facets of the organization including sales, marketing et cetera, in the front and as well as the back end. The revenue operations team inside a company is responsible for handling and managing softwa

Tokenization 101: Everything your business needs to know

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  All stakeholders are emphasizing that customers get their credit card information tokenized. But what is credit card tokenization? What effect does it have on the customers and merchants? Read everything your business needs to know about credit card tokenization here. What is Credit Card Tokenization? When making an online payment using your credit card, you need to enter your credit card details such as the card number, owner’s name, expiry date and CVV. The merchant then stores these details using masking and other security measures. In the process of tokenization, the number of your card is replaced by a random token number which the banks and the payment processors use to make payments to and from your account. Thus, card tokenization is the process that protects sensitive data by replacing it with a token or a number which is generated algorithmically. How Does Credit Card Tokenization Work? Credit card tokenization works by substituting the customer's sensitive data with a

Role And Importance Of A Financial Controller In An Organisation

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 The finances of a company are complex elements that play a major role in the organisation. They depict the purchasing power of the organisation, portray its revenue and income, and help make forecasts about the future. There are many officials and industry experts who deal with the process of controlling and managing the finances of an organisation. One of them is a financial controller. Today, we will explore the roles and responsibilities of a financial controller, and why having one is vital for your organisation. What Is A Financial Controller?  A financial controller is a person in an organisation that’s assigned the task of managing the finances, accounting and all other strategies related to the finances of the organisation. They should have the skill to be able to forecast long-term goals and make strategies based on these goals. Their work should be highly efficient and should have little scope for errors as lack of accuracy can cause big troubles for the org