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)

Compliance — Not ROI — Pushes Tech On Unprepared Fleets
Compliance — Not ROI — Pushes Tech On Unprepared Fleets
September 17, 2018  |  B2B Payments

Fleet management has vast opportunities in digitization. Innovations like the Internet of Things (IoT), telematics and mobile payments are primed to disrupt the fleet space,...

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Spend Analytics No Longer Enough For Procurement: Accrualify
Spend Analytics No Longer Enough For Procurement: Accrualify
September 14, 2018  |  B2B Payments

Spend analytics has broken through as an essential part of corporate procurement strategies. Businesses need to know how much money they’ve spent, and on what....

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SMBs Eye Talent Shortage In Data Goals: Deloitte
SMBs Eye Talent Shortage In Data Goals: Deloitte
September 12, 2018  |  SMBs

Small businesses are no stranger to digitization, with a recent report from Deloitte highlighting the focus on IT investment for the small- and medium-sized business....

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Commercial Cards, Mobile A Heavenly Match: UMB
Commercial Cards, Mobile A Heavenly Match: UMB
September 10, 2018  |  B2B Payments

Financial service providers looking to enhance B2B payments offerings must turn their attention to the user experience. Digital payments, faster transaction times, streamlined reconciliation, and...

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UMB Spotlights The Supplier Payment User Experience
UMB Spotlights The Supplier Payment User Experience
September 10, 2018  |  B2B Payments

Banks continue to make moves in an effort to get their corporate clients off paper. Recent innovations in ACH payments has the payment rail as...

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Chocolate Gets A Digital Upgrade
Chocolate Gets A Digital Upgrade
September 05, 2018  |  Retail

There’s an old joke that a Hershey’s executive uses to illustrate the problem his company – like other consumer packaged goods firms – is suffering...

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Procurement Jobs Remain Highly Tactical, Procurious Finds
Procurement Jobs Remain Highly Tactical, Procurious Finds
September 05, 2018  |  B2B Payments

A new survey from procurement and supply chain networking company Procurious suggests that procurement professionals’ jobs remain largely tactical, despite expectations for the field to...

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Electronic Invoicing Opens A Door To SMB Digitization
Electronic Invoicing Opens A Door To SMB Digitization
September 04, 2018  |  B2B Payments

For some small businesses, taking steps to digitize might feel like a game of Frogger. How does one know when to leap into a new...

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Procurement Digitization Doesn’t Have An Endgame
Procurement Digitization Doesn’t Have An Endgame
August 22, 2018  |  B2B Payments

Organizations know by now that enhanced and efficient procure-to-pay processes can save money and boost efficiency. But how, and by how much? A new report...

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