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Four Key Insights and Trends from the SAP Insider Event

Bramasol

The Bramasol team had the pleasure of doing just that last week at SAP Insider in Las Vegas and it was both enjoyable and very informative! Here are four key insights and trends from our interactions with fellow participants at the SAP Insider Event.

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Goldman Sachs Adds Global Payments To SAP Ariba

PYMNTS

A new Goldman Sachs deal will allow more companies to work with with the wide swathe of businesses using SAP’s Ariba Network , which boasts trillions of dollars in commerce transactions annually, according to a press release. In addition, the deal will allow better reconciliation of payments with the matching invoices.

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Mid-Year Update on Key Trends to Watch

Bramasol

Artificial Intelligence Revolution Extends into B2B Although artificial intelligence applications such as machine learning (ML) and robotic process automation (RPA) already have been in wide usage for B2B (business-to-business) markets, the revolution spurred by new generative AI has added fuel to the enterprise adoption of artificial intelligence.

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Anything-as-a-Service (XaaS) Benefits Both Customers and Providers

Bramasol

In recent years, XaaS has proliferated into an ever-widening range of B2B and B2C business models across the Digital Solutions Economy. As shown below, these include Customer Engagement, Order Creation & Management, Delivery & Fulfillment, Billing & Invoicing, Payments & Collections, and Revenue Compliance.

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ERP Data On The Front Lines Of Blockchain Adoption

PYMNTS

Cross-border payments, trade finance, smart contracts — blockchain has the potential to disrupt B2B processes, but FinTech players are only beginning to take these concepts onto a real-world stage. For one firm, Finlync , the key to unlocking the potential of blockchain in B2B processes is unlocking the underlying data of that activity.

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Tech Giants Make Their Blockchain Bets For 2018

PYMNTS

Together, SAP and EY said they are pushing for corporate adoption of blockchain in the area of supply chain management, a common target of open-source blockchain projects. Their partnership deploys EY’s Ops Chain supply chain management solution built on distributed ledger technology.

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For Improving Financials, Putting Big Data Into Context Is Key

PYMNTS

The potential cannot be ignored, however – particularly in the finance department, where information from accounts payable, accounts receivable, treasury and accounting hold the keys to insight into cash flow, predictable payment behavior and new opportunities to boost the bottom line. That complexity has corporates missing out on money.