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Trust being one of the fundamental aspects of business, the letter of credit (LC) plays an integral part in global trade. A LC acts as a guarantee between a bank, customer, and beneficiary, ensuring risk-free payment for goods and services.
Digital twins are not only able to transform the efficiency of current business processes, they can also help organizations reimagine their operating models to adapt to the changing circumstances.
With cloud spending becoming a larger and more visible cost component in quarterly reports, the CFO is tasked with managing the cost of cloud utilization and ensuring that it is money wisely spent.