Most businesses pay their bills and get paid with paper checks, even though it’s costing them plenty in time and money. Over 90 percent of their back office costs come from labor – employees reviewing bills, employees entering data into an accounting system, employees filing paperwork, employees reconciling bank statements – as well as all of the other tasks necessary to organize payables and receivables.
In a time when mobility has become a must-have in individuals’ personal lives, business technology solutions, fueled by the power and reliability of the Cloud, have begun to emerge to take age-old manual processes online and mobile, saving companies time and money.
Read MoreWhat keeps CFOs awake at night? Sure, tight credit markets and the general health of the economy have everyone on edge. But beyond that, it’s a host of everyday concerns that keep financial leaders tossing and turning into the small hours.
Read MoreNow is the time for financial institutions to solidify their position as a central partner to businesses of all sizes. The future of internet banking needs to leverage technology that fully addresses the customers' pain while delivering financial benefit to the bank.
Read MoreWhat keeps CFOs awake at night? Sure, tight credit markets and the general health of the economy have everyone on edge. But beyond that, it’s a host of everyday concerns that keep financial leaders tossing and turning into the small hours.
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