Boston, Jan. 30, 2017 — Businesses around the globe are slowly but surely transforming from operations with expensive and business-limiting manual processes to digitally connected enterprises. Banks and technology vendors are helping them to achieve this by providing the latest-generation technologies. This “digitalizationâ€� is not occurring at the speed at which technology is advancing, for a number of reasons. However, with a growth environment expected and inevitable rising rates, along with competitive pressures related to the interconnected world, working capital effectiveness will become a primary focus and drive faster adoption of business cash cycle technology, from procurement through financial reconciliation.

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