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)

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 >
Verizon Hunts for ‘CFO Plus’ Candidate to Succeed CEO as Finance Role Evolves
Verizon Hunts for ‘CFO Plus’ Candidate to Succeed CEO as Finance Role Evolves
June 13, 2023  |  CFO

Today’s chief financial officers aren’t just closing the books; they’re often the ones writing the story. That’s because as digitization continues to sweep across the...

READ MORE >
PIX, Pickup and Apps: The New Face of Retail Shopping in Brazil
PIX, Pickup and Apps: The New Face of Retail Shopping in Brazil
June 02, 2023  |  eCommerce

PIX. Mercado Pago. Pickup. Apps. Data protection. These are a few of the digital shopping trends and payment options that are key to winning customers...

READ MORE >
Minding the Details in Working Capital Transparency
Minding the Details in Working Capital Transparency
June 01, 2023  |  Innovation

With businesses of all kinds being squeezed by rising wages and decreased consumer spending, they need to cut costs without cutting essential functions. PYMNTS explains...

READ MORE >
Payments Automation Helps Main Street Navigate Economic Challenges
Payments Automation Helps Main Street Navigate Economic Challenges
May 31, 2023  |  Innovation

Companies that invested in technology to improve working capital transparency during the pandemic saw overwhelmingly positive results. Seventy-seven percent of surveyed CFOs said they saw...

READ MORE >
There’s a Massive Urban-Rural Divide in Digital Healthcare — and It’s Growing
There’s a Massive Urban-Rural Divide in Digital Healthcare — and It’s Growing
May 23, 2023  |  Connected Economy

On Jan. 27, the Federal Communications Commission published a report and order expanding access to digital healthcare tools in rural America. The report acknowledged that...

READ MORE >