Digitization

Digitization, less commonly digitalization, is the process of converting information into a digital format, in which the information is organized into bits.

Source: en.wikipedia.org

Digital Solutions Help Corporates Master Spend Management Chaos
Digital Solutions Help Corporates Master Spend Management Chaos
August 23, 2023  |  Commercial Payments

Business-to-business (B2B) transactions remain mired in a paper-based world where finance teams have their hands full.  Quite literally — after all, paper checks and physical...

READ MORE >
Automation Enhances AP/AR Workflows as CFOs Urged to Embrace Advanced Tech
Automation Enhances AP/AR Workflows as CFOs Urged to Embrace Advanced Tech
August 21, 2023  |  Commercial Payments

Automation and artificial intelligence (AI) have become essential tools in the business-to-business (B2B) landscape, transforming various aspects of financial operations and payment processes. For instance,...

READ MORE >
The Most Satisfied Shoppers Are Found in the UAE — How Other Countries Can Catch Up
The Most Satisfied Shoppers Are Found in the UAE — How Other Countries Can Catch...
July 31, 2023  |  eCommerce

Consumers worldwide are increasingly using digital features to enhance their shopping journeys, but few markets have adopted digital as quickly as the United Arab Emirates....

READ MORE >
Can Always-On AI Give Healthcare Providers a Helping Hand?
Can Always-On AI Give Healthcare Providers a Helping Hand?
July 28, 2023  |  artificial intelligence

What industry does artificial intelligence (AI) have the potential to transform most? For many observers, healthcare is the obvious answer. Yes — that healthcare. The...

READ MORE >
Legacy Firms Prep for Digital Buyers Who Don’t Want to Talk to Procurement
Legacy Firms Prep for Digital Buyers Who Don’t Want to Talk to Procurement
July 18, 2023  |  Commercial Payments

Generational divides exist everywhere — but perhaps nowhere more than the business landscape. That’s part of why keeping up with rapidly changing technology and emergent...

READ MORE >
Company Data Silos Hinder Spend Management Success
Company Data Silos Hinder Spend Management Success
July 11, 2023  |  B2B Payments

There exists one golden rule of business operations: Any process can be streamlined. And quite frequently, it can be combined with other operations for a...

READ MORE >
PYMNTS Intelligence: Leveraging Digitization and Automation to Improve AP
PYMNTS Intelligence: Leveraging Digitization and Automation to Improve AP
June 28, 2023  |  Accounts Payable

Late payments are some of the most difficult challenges businesses face in day-to-day operations, and they can have wide-ranging implications if not tackled swiftly. Money...

READ MORE >
The Trickledown Consumerization of B2B Payments Helps Firms Win Business
The Trickledown Consumerization of B2B Payments Helps Firms Win Business
June 22, 2023  |  B2B Payments

There are few B2B billing systems that businesses enjoy using. The amount of paper still being pushed around across the B2B space, even as the...

READ MORE >
Cash Use Down 23% in Mexico, Cards Fill the Gap
Cash Use Down 23% in Mexico, Cards Fill the Gap
June 20, 2023  |  Merchant Innovation

Shoppers in Mexico strongly prefer shopping in-store to shopping online. Seventy-one percent of local shoppers reported making their most recent retail purchase in a brick-and-mortar...

READ MORE >