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

Deep Dive: How Automation Can Disrupt Legacy AP Practices
Deep Dive: How Automation Can Disrupt Legacy AP Practices
October 10, 2019  |  Accounts Payable

Paper-based processes are widely used in AP departments, with recent PYMNTS data finding that 80.8 percent of firms use paper checks while 43.8 percent receive...

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UMB Bank On Freeing Businesses From Paper Checks With AP Automation
UMB Bank On Freeing Businesses From Paper Checks With AP Automation
October 09, 2019  |  Accounts Payable

Automating accounts payable (AP) means the paper check will soon no longer be in the proverbial (and literal) mail. In the inaugural Next-Gen AP Automation...

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Getting Invoices Off The CEO’s Desk, Approved — And Paid
Getting Invoices Off The CEO’s Desk, Approved — And Paid
October 09, 2019  |  B2B Payments

The old adage is familiar: The light at the end of the tunnel could be daylight — or another train headed one’s way. Get the...

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Inside UMB Bank’s AP Automation Agenda
Inside UMB Bank’s AP Automation Agenda
October 08, 2019  |  Accounts Payable

  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

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Why Real Time Is The Game-Changer For Corporate Cash Pros
Why Real Time Is The Game-Changer For Corporate Cash Pros
October 02, 2019  |  Faster Payments

Instant payments are more promise than reality in the US.  Citi’s global head of payments and receivables, Manish Kohli, tells Karen Webster that lack of...

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Deep Dive: Building Steady Construction Cash Flows With Digital Tools
Deep Dive: Building Steady Construction Cash Flows With Digital Tools
September 25, 2019  |  Spend Management

SMBs and project managers in the U.S. construction market must keep tabs on budgets and how funds are being spent if they want to meet...

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The Invoice Innovation That’s On The Roadmap Of 75 Percent Of AP Professionals
The Invoice Innovation That’s On The Roadmap Of 75 Percent Of AP Professionals
September 19, 2019  |  Accounts Payable

Processing invoices is time consuming and costly. The average business requires 14.1 days and approval from two to five people in order to process a...

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Rising To Meet New Risks That Come With New Opportunities
Rising To Meet New Risks That Come With New Opportunities
August 23, 2019  |  Today In Data

The scope of the massive digitization projects driving the economy can be hard to contain in a single thought. From easier access to placing wagers,...

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Cabcharge Digitizes Taxi Receipts In SAP Concur
Cabcharge Digitizes Taxi Receipts In SAP Concur
August 14, 2019  |  B2B Payments

Through a new collaboration with taxi fleet operator Cabcharge, SAP Concur is helping to digitize the paper receipts that corporate travelers get when taking traditional...

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