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How Enterprises Use Blockchain for Business Processes?

Gained popularity as the backbone of Bitcoin and cryptocurrency, blockchain has now entered into many realms of business. It is playing a transformational role in reshaping the business models by bringing them in the mainstream of digital commerce.

At its core, blockchain is the modern way of storing information. Talking about its most significant aspect, blockchain doesn’t cater to the needs of an individual; instead, it works based on an agreement between all the network partners. It certainly implies that a single member can’t alter any information stored on the blockchain without notifying others. Moreover, any document between sharing parties shows the same information without any back and forth.

Gifted with characteristics like immutability, transparency, and authenticity, blockchain is a reliable and effective solution for enterprises that want to streamline their business operations in 2020.

Let’s find out how blockchain is imparting efficiency and competitiveness to the businesses.

1. Improved Supply Chain Management: Supply chain is an intricate network of manufacturers, suppliers, vendors, shippers, and many intermediaries. It is the most vulnerable segment of a business that offers a broad scope of malpractices. However, it seems that with the advent of blockchain, the transparency of the supply chain has increased manifolds. Now the manufacturers can see what is happening at every touchpoint, thereby enabling them to eliminate any possibility of ethical breach. For example, the grocery giant, Walmart is using blockchain to stop the spread of foodborne diseases. It has asked farm owners to update every information digitally for end-to-end traceability. Walmart is tracking supply chain management of shrimps, mangoes, chicken, and many other products to ensure its customers get fresh food. Blockchain is the simplest way of assuring that vendors practice what they say.

2. Improved Contract Management: Contract management was never easier before blockchain technology. Traditionally, contract enforcement always faces delays and issues because of the difference of opinion between multiple parties and also due to continuous modifications. However, as contracts get updated on the blockchain, every party has the latest version of the document without worrying about previous versions, thus saving enormous time and paperwork.

3. Improved Payment Mechanism: Payment delays are often a bottleneck for businesses. However, blockchain offers a simple solution to this problem. As all parties are on blockchain, the process of reconciliation is eliminated, and payment is triggered once the transaction is approved by the parties involved. Since every detail of the transaction is recorded on the blocks, verification is inevitable, and all the parties come to know instantly about payment approval.

4. Improved Authenticity: Blockchain has touched almost all sectors. For example, it can be used for authenticating a candidate’s profile for a particular job role. Instead of checking with previous employers and clients, human resources, people can save time by tracking the complete information on the blockchain.

Evidently, blockchain is a game-changing technology that can help businesses to stay ahead in the curve in 2020. If you are looking to embrace digital solutions in your business model, Katalyst Technologies can help. We are a leading digital commerce solutions provider enabled with disruptive tech like blockchain.

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Top CA Firm in Pune

A N Bhutada & CO Best CA firm from Pune , India established in 2016. We are team of Chartered Accountant in Pune. We have been providing various services to India under one roof related to company formation , audit , taxation etc. Over period of time we catering domestic as well as international clients. We have been expert in fiend of advisory services related to direct tax as well as indirect taxes. We assigned clients from USA , UK , Chaina , Japan to setup Company In India. We assist these company day to day bookkeeping , annual company audit , tax audit , payroll.

Why You need Hire CA Frim in Pune ?
Pune is second growing city in Maharashtra after Mumbai. Pune is city of education as well as business. Most of IT companies prefer to setup business for hiring most talented resources to manage and operate business. Pune also have business friendly MIDC which help manufacturing companies to setup operations. Such business need Best CA firm in Pune who can help to choose right business model such as LLP / Private Limited etc. They also need solution for accounting service , GST Filing , payroll process , auditing , advisory etc. Finding all theses services under one proof is always a challenge. However A N Bhuatda & CO is Top CA firm in Pune who have knowledge and expertise to cater with all your business need. The firm also have adopted technology changes after Covid pandemic to enable work from home services.

Top Chartered Accountant in Pune – A N Bhutada & CO
Pune have lots of Chartered Accountant firm however our top Chartered Accountant firm have key feature. Association with A N Bhutada & Co ensure you get all services related to business formation , auditing , tax filing & ROC compliances under one office. We allocate one dedicated resource who have experience of accounting and taxation who can help you in payment of taxes, filing of returns , TDS support services. Also with this we sign non disclosure agreement with client , making 100% confidentiality of date of clients. We also provide advisory services for startups firm to quick start business , help in business setup and day today management. We do tax planning client ensuring that they are taking benefit of legal providing ensuring maximum tax saving.

Indian tax system confirm so much of complexity and these keeps on changing. It become important for business to ensure they are compliant with tax law. By Hiring top CA firm in Pune you ensure that your company is tax compliant.

Hiring Chartered Accounting Firm in Pune for audit
Hiring Chartered Accounting Firm in Pune for audit for Private Limited company is is Statutory and Advisory in Nature. CA firm has set of responsibilities assigned by law as Financial Auditor, Statutory Auditor, Tax Auditor, Compliance Auditor, Key Managerial Peron in Corporate etc. CA firm ensure that your firm paid correct indirect taxes , availed correct GST ITC Credit , Filing of correct ITR , necessary disclosure in financial statements.

Statutory Audit
GST Audit
Tax Audit
TDSC Complainces
ROC Compliances

Our Chartered Accountant in Pune Will Manage All Taxation Easily
A N Bhutada & CO CA firm from Pune , PCMC provide all tax , audit & Compliance services by online as well as online. We using safest technology platform of mircosoft. Here you will get timely update on tax reminder , updates etc. by our detail MIS report it become easy for management to take complex business decision. MIS reports have details such as Business ratios , tax numbers , Key information. As a professional service provider we know the changing business environment, Satisfied and happy customers.

A N Bhutada & CO, a rich in experience CA firm caters a full range of Chartered Accountant firm in Bangalore to all large and small scale industries, firms and individuals. Our team is independent in thinking and work according to the norms of the government. Every client is important and we aim to provide the highest standard of client satisfaction. Any goal cannot be achieved without proper planning and advice, we make sure that we deliver our clients with a clear idea and strategy to reach their goal. We also make them aware about the challenges they would be facing and prepare them to overcome it. We ANBCA is providing CA services simply at one platform.

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How Do I Stop Yelling At My Kids A Question Often Asked

Getting furiously angry at their kids shows lack of control in apparent. All you are doing is just contorting your face and looking ugly. During anger the body secretes hormones that can cause high blood pressure and severe anxiety issues. You need to control yourself now!

“How do I stop yelling at my kids” is a common question asked by many women. Yelling at children or swallowing the anger is not the way out. All this will add to your health troubles. Anxiousness, losing temper, staying restless will drain you emotionally and physically. You need to be reasonable and rational.

“How do I Stop yelling at my kids”? Well, Let us see how?

Take a few deep breaths and calm down. Tell your child what you’re feeling. Explain your emotions of irritation.
Whenever you fall prey to your triggers, apologise and learn to move on. This will encourage self-awareness and self-reflection. Brooding, anxiety, and anger have never sorted anything. Unless you are suffering from an anxiety disorder, you can manage to stay afloat by these methods.
You need to give yourself grace and be kind on yourself. Try to remove yourself from nasty situations so that you get time to manage them.
Don’t forget to tell the kids that you love them. Tell them you didn’t want to yell at them but lost your temper. Tell the kids you are going to make efforts not to lose your cool.
Explain to them you are not perfect and it hurts you to lose your cool. You can explain that you act out when stressed but will try to be better for their sake.
Ask them to remind you that they love you when you are going to blow the fuse. This way you can register the love reminder in your mind and control your errant emotions in time.
Kids always empathise with parents who are frank with their emotions. It is easier for the child to understand why his mother is angry rather than find out reasons on his own.
Ask your child to help you deal with these angry emotions. Get a grip on that anger and tweak yourself mentally. The child is supposed to obey you but can break rules once in a while. It is not the end of the world remember that!
A relaxed parent will always be more in control. If you are agitated, recharge your emotions by taking a break. Your sanity is extremely important. When you take out time to do activities that please you, the child will respond better. Your moods will be happier and anger will take a back seat.
Manage them while you pursue your personal hobbies. This will relax you and allow the kids also to learn something new. They will also understand the necessity of some “me-time”. Parents need to set boundaries. Even if you have to lock yourself inside a room, do it. The message will pass across. Once they understand the value of your time , they will take those extra efforts to help you. You have no idea how understanding a child can be!

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