American Express to lay stress on SMEs, start-ups in India

While those firms are developing with tremendous improvements and groups, they need support in terms of streamlining their prices and bills. Here is in which American Express sees a big possibility for its expense management solutions in India. We goal to paintings intently with those groups, presenting customised answers to discover expenditure traits and peculiar spending behaviour to drive compliance, body finance regulations and control prices better. This will assist organizations in decreasing fees and bringing in profitability to bottom line in the long run,' defined Saru Kaushal, VP & GM, Global Commercial Services, American Express Banking Corp India. American Express would be targeting begin-united statesand companies with turnover as low as `1 crore per annum to organizations within the mid-marketplace segments with annual revenues running into hundreds of crores, as part of its new strategy. It ambitions to apply facts analytics to come up with customised solutions for agencies. Dailyhunt https://www.openlearning.com/u/zinnasspesaan/