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Puneet Jain

Fractional CFO | US ... • 4d

🔍 Silent Profit Leaks in Diagnostic Labs? 3 Critical Audit Findings (And Fixes!) Just completed a high-impact operational audit for a diagnostic lab. Shocking how small gaps create big risks. Sharing insights: 🔴 Top 3 Hidden Risks Uncovered: 📦 Inventory Black Holes → HQ/branch records mismatched (dates and quantities) → Expired stock discarded silently → Zero lot/expiry tracking 💰 Revenue Bleeding → Credit sales recorded as cash sales → Undocumented discounts (verbal approvals only) → Daily cash ≠ system reports 🔄 Reconciliation Ghosting → No physical vs. system stock checks → Critical items missing registers → Branch/HQ units inconsistent (kits vs. pieces) 💡 Our Transformative Fixes: ✅ Inventory Control Revolution → Enforced expiry/lot tracking in core systems → Monthly physical audits at all locations → Standardized measurement units ✅ Financial Integrity Shield → System upgrade for true credit tracking → Digital discount approval workflows → Daily cash deposits + automated reconciliation ✅ Compliance Safeguards → Vendor contract reviews (price/expiry clauses) → Centralized expiry dashboards → Mandatory stock ledgers for all items 📈 Results: 99.8% inventory accuracy + plugged 6-figure revenue leaks. "In diagnostics, operational rigor = patient safety + profitability." 🤔 Your Turn: What’s your biggest ops challenge in regulated industries? 👉 Follow for more audit insights! hashtag#HealthcareOperations hashtag#LabManagement hashtag#OperationalExcellence hashtag#AuditInsights hashtag#ProcessImprovement hashtag#DiagnosticLabs

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Vishnu Suresh

Finance Enthusiast |... • 3m

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Piyu

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SHIV DIXIT

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🎯 Top 130 Most Consumed Financial Terms In Business or Startup World 🌍 ( PART - 1 ) 1. EBITDA 2. ROI 3. Revenue 4. Profit Margin 5. Cash Flow 6. Net Income 7. Gross Profit 8. Operating Expenses 9. Balance Sheet 10. Income State

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Forget boring VCs and bank loans! 💸 2025 is here, and smart founders are ditching old-school funding for 7 mind-blowing strategies that keep equity in YOUR pocket. Here's the lowdown on how to fund your startup like a boss: * Revenue-Based Finan

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