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Jan / 12 / 2021
Dec / 14 / 2020
Covid 19 has presented both threats and opportunities to the ecommerce industry As the pandemic spread, so did a joke – across social media: Who drives the digital transformation efforts in your company? A. CEO B. CTO C. CIO D. COVID-19 It’s funny because it rings true. Businesses ...
Aug / 11 / 2020
Digital transformation for banks is crucial to retain customers and achieve loyalty in a highly competitive market bustling with new players and features. Ideally, this would mean that every single step of the customer journey from opening a bank account to day-to-day operations, ...
Feb / 25 / 2020
What is supplier statement and invoice reconciliation? The process of reconciling a supplier statement and invoice reconciliation in general is quite plain and simple. The Supplier submits a list of transactions and the outstanding balance of unpaid invoices for a given period. ...
Jan / 8 / 2020
A genuine reconciliation tool is not about a pretty face, but all about a mighty heart. The reconciliation space is burgeoning and overcrowded these days. Software solutions promising miracles are just round the corner. But a closer look reveals that few offerings include a robust ...
Nov / 25 / 2019
Introduction. Digital Transformation in Banking and Financial Data. When it comes to financial data streams, paper as a medium has irreversibly lost the battle with e-formats decades ago. “Digital” does not mean only paperless, but above all being able to structure and analyze the ...
Oct / 7 / 2019
“Account reconciliation is the process of comparing two sets of records to ensure their balances are correct at the end of the accounting period”, end of the definition. As clear and simple as it sounds, this definition implies more than meets the eye. Imagine you are a small coffee ...
Sep / 5 / 2019
The travel industry has evolved tremendously in the past decades. Traveling the globe in 80 days might have been a miraculous achievement in the 19th century, but in today‘s hectic world anyone who can spare two or three weeks on the road can do it without breaking the bank. No ...
Aug / 5 / 2019
Government entities such as state treasury institutions, often are among the largest organizations in terms of assets managed and cash turnover. They oversee public funds and are responsible for their gathering, safekeeping, redistribution, and investment. Apart from the sheer magnitude ...
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