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How Data Guides A New Era For The ERP

PYMNTS

For example, he pointed to multinational corporates’ need for tax provisioning and transfer pricing solutions to promote efficiency and compliance across borders. Efforts to modernize procurement and accounts payable are also opportunities for data integration with the ERP.

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Mid-Year Update on Key Trends to Watch

Bramasol

For example, RPA processes handling repetitive and rule-based tasks, such as data entry, document processing, and invoice reconciliation can be guided by new, higher level AI insights and learning capabilities. Customer Experience and Personalization: AI enables businesses to deliver personalized experiences to their B2B customers.

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Reverse Factoring Intensifies The B2B Late Payments Debate

PYMNTS

. “Suppliers are more likely to accept extended payment terms when the purchaser has arranged a structured payable program that permits the suppliers to monetize their trade receivables before its due date,” their letter stated, according to Compliance Week reports. Scottish Firms Fair Non-Payment. ”

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Electronic Invoicing Opens A Door To SMB Digitization

PYMNTS

“SMBs are still making rather basic changes in their business processes – shifting toward cloud solutions for CRM, invoicing, project management,” he recently told PYMNTS. The impact and ROI of electronic invoicing can be more immediate, too. “With electronic invoicing, the control of the supplier grows.