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When you’re in charge of finding suppliers for a small business, it can be challenging to know who to trust. Contract with the wrong vendor,
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In the past year, supply chain challenges have been at the forefront of public attention like never before. From the scarcity of essential medical supplies and disinfectant products to toilet paper and rental cars, it seems that everyone has been affected by supply chain shortages to some extent.
A dishonest or disorganized supplier could wreak havoc on your supply chain, undercut profits, and—in extreme cases—even cause your business to fail. Meanwhile, partnering with the right supplier could be the exact puzzle piece your company needs to soar.
Supplier fraud or vendor fraud is a challenge that more and more small businesses face every year. And large corporations aren’t immune to these challenges either. In 2019, both Google and Facebook fell victim to the type of invoice fraud described above—to the tune of $123 million in stolen funds.
Markaaz wants to change the world by helping small businesses reach their full potential through research, education and resources built on 3 pillars: Inclusion, Digital Transformation, and Access to
Supply chain shortages have always posed a danger to businesses of all sizes. Yet small businesses in particular can struggle to avoid supply chain disruptions
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