A US study, based on the quick service restaurant chain Chick-fil-A, offers conflicting evidence on whether a TMS is the best option when upgrading from Excel-based forecasting.
Banks which start to prepare now for the region to join the move to immediate payments can secure a major competitive advantage.
Open banking promises to provide better services to consumers, more informed decision making and lower costs for banks. However it also requires a mindset change by the industry.
Automated accounting promises to save business owners time and money and remove much of the tedium from routine tasks.
Nearly one in five organisations now regularly use artificial intelligence, according to the latest reports.
While offering a range of benefits, smart contracts also present users with major challenges and won’t fix inefficiencies in a company’s supply chain.
The banking industry is on the frontline of technology adoption, and with the rise of fintech, banks are facing increasing pressure to evolve all aspects of the traditional ‘brick and mortar’ model.
The western Canada utility has partnered with SAP Ariba in eliminating inefficiencies from its supply chain.
The new era of open banking, payments automation and improved customer experience were all high on the agenda over the three-day event in Copenhagen.
Traditional banks and fintechs are in a “summer of love” period, the year of reciprocity, of mutual respect and joint ventures.