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

Love to, Can’t: 60% of Mid-Sized Companies Lack Funds Needed to Digitize AR

Love to, Can’t: 60% of Mid-Sized Companies Lack Funds Needed to Digitize AR
Love to, Can’t: 60% of Mid-Sized Companies Lack Funds Needed to Digitize AR
September 22, 2021  |  B2B Payments

Mid-sized companies are more likely than enterprises of other sizes to say they want digital technology to transform the way they operate, but they’re also more likely to say they don’t have...

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School Systems Find Digital Payments’ Visibility, Cost Effectiveness Make the Grade
School Systems Find Digital Payments’ Visibility, Cost Effectiveness Make the Grade
September 22, 2021  |  Digital Payments

Digital payments were not created because of the pandemic, but global concern over health issues and subsequent closures of businesses made their adoption necessary. As...

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Deep Dive: How Organizations Can Improve AR Processes’ Transparency
Deep Dive: How Organizations Can Improve AR Processes’ Transparency
September 21, 2021  |  Accounts Receivable

Accounts receivable (AR) departments have been trending toward digitization for several years, with a 2019 study finding that only 42% of organizations were leveraging paper...

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74% of SMBs Saw Payments Delayed Due to Pandemic
74% of SMBs Saw Payments Delayed Due to Pandemic
September 20, 2021  |  CFO

Late payments have been a notable by-product of the pandemic — and chief financial officers and other executives have been digitizing operations in an effort...

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Answering Phones And Online Service: The Case For The Human-Centric Digital Bank
Answering Phones And Online Service: The Case For The Human-Centric Digital Bank
September 16, 2021  |  Banking

Businesses and consumers are returning to their pre-pandemic norms, but some of their behaviors have changed. Banking customers are less likely to visit banks now...

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As SMBs Invest in Digitization, Consumerization of B2B Commerce Takes Shape
As SMBs Invest in Digitization, Consumerization of B2B Commerce Takes Shape
September 14, 2021  |  SMBs

With traditional sources of funding proving hard to come by during the height of the pandemic, small and medium-sized businesses (SMBs) responded by investing into digital payment solutions in...

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LA’s SoFi Stadium, Square Ink 10-Year Deal for Contactless Payments
LA’s SoFi Stadium, Square Ink 10-Year Deal for Contactless Payments
September 10, 2021  |  Point of Sale

Square will be the exclusive point-of-sale (POS) payments, software and merchants service provider for the new SoFi Stadium, which is home to the Los Angeles...

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PNC Says Hello To Small ‘Solution Centers’ And Goodbye To Aging Branches
PNC Says Hello To Small ‘Solution Centers’ And Goodbye To Aging Branches
August 27, 2021  |  Banking

Consumers have developed an affinity for digital banking and few are unwilling to forfeit the convenience of the technology. Today, many now manage their finances...

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