With 2022 in the dust and our eyes on the 2023 horizon, it’s always good to reflect on the past year as we in the world of finance consider past trends and their relevance in the upcoming year. We’ll take a look at four trends that stood tall in 2022, and foreseeably will still be around in 2023 (and beyond).
The crown atop the head of Data has not slipped. As more businesses are getting the memo to automate their payments processes, the more they realize the glory of data. (Or perhaps the initial headache of “What do I do with all this?”)
Fortunately, with a central source of data collaboration, there’s quite a lot that you can do with your payment data. With a solution capable of capturing all your financial data across the purchase-to-pay (P2P) process and import spend data from external sources like ERPs, you get to see the full picture.
Data improves process efficiency and visibility, resulting in cost savings. After all, when you’re able to see performance measuremen...
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