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Navisteps Lands $1 Million For SMB Travel, Cost Management

PYMNTS

Travel and cost management company Navisteps has notched $1 million in a pre-seed round, with investment originating from angel investors, Phocuswire reported. While expense and travel management solutions are not new, they traditionally target large enterprises.

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10 KPIs to Track Business Performance

The Finance Weekly

Return on Equity The Return on Equity KPI indicates how effectively you generate profits from the investments made by shareholders in your business. Calculation: Net income divided by shareholder equity equals return on equity. These expenses may include miscellaneous office costs that can impact your profits.

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MillTechFX: North American Fund Managers Brace for FX Volatility Amid US Election

The Fintech Times

Stronger dollar The report reveals that North American fund managers are struggling with the impact of a stronger dollar, with 83 per cent reporting reduced returns and 81 per cent experiencing increased operational costs. In response, fund managers are adopting more robust hedging strategies.

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Walgreens Accelerates Digitalization In Q1

PYMNTS

In addition, during the quarter we were very satisfied with the progress made in our Transformational Cost Management Program and with the strong cash flow we delivered.”. We are confident our strategic plans are the right ones to drive long-term sustainable growth going forward. per the announcement.

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Variable Expenses: What are They and Examples

The Finance Weekly

Mastering variable expenses is key to accurate budgeting and strategic cost management. Differentiating Between Variable, Fixed, and Semi-Variable Costs Every business has a cost structure made up of fixed, variable, and semi-variable expenses. But why is this understanding so vital?

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Mobile Order-Ahead: It’s Not Just For Restaurants

PYMNTS

A native mobile app is indeed costly to develop, but as Starbucks, Domino’s and other QSRs and coffee shops have shown, the return on investment can be well worth it. This is a valid concern, and not simply a misconception about the technology.

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Singapore Fintech Festival 2024: Highlights, Top Speakers and Must-Attend Sessions

Fintech News

The Singapore Fintech Festival (SFF) 2024 is returning for its 9th edition from 6 to 8 November, with the Insights Forum taking place beforehand on 4 and 5 November.