Fintech PR

Basware launches tool to deliver a completely touchless invoice process

Published

9 months ago

March 12, 2024

basware-launches-tool-to-deliver-a-completely-touchless-invoice-process

The Basware Insights tool will analyze touchless rates and improve hands-off processes for invoice management

LONDON, March 12, 2024 /PRNewswire/ — Basware, a global leader in AP automation and invoice processing, has launched its Touchless Invoice Processing (TIP) Discovery dashboard, marking yet another milestone in Basware’s mission to achieve 100% touchless processes. The tool allows customers to analyze manual invoice handling rates, shedding light on where touchless processes break down into manual touches.

The TIP Discovery dashboard addresses several underlying challenges within invoice processing, as many companies are still tackling error-prone and time-consuming manual tasks. Nearly half (49%) of accounts payable (AP) and finance leaders highlight delays in approvals and invoices as a key hurdle for finance teams, while 47% raised invoice exceptions as a major challenge due to the increased complexity and inefficiency, according to a recent Ardent Partners survey with Basware. This results in increased costs, slower processing times, and an overall inefficient process.

Basware has launched its TIP Discovery dashboard, which offers a clear view into each phase of the invoice process, enabling customers to monitor the touchless rate of their selected process. It will identify which invoices required manual intervention from AP teams, and where in the process these interventions took place.

The dashboard empowers AP managers to define touchless success by breaking down complexities across phases like receiving, matching, workflow, and transfer. By focusing on improving these phases, customers can enhance their hands-off rate and explore the underlying reasons for manual AP handling, with the aim of creating a truly touchless system.

The TIP Discovery dashboard will be available to Basware customers as a part of Basware Insights.

Perttu Nihti, Chief Product Officer at Basware, said:

“Basware is committed to making AP teams the most efficient function within organizations. But if you can’t see where you touch invoices, it’s hard to fix it. With Basware’s Touchless Invoice Processing Discovery dashboard, we are shining a bright light on where touchless processes break down into manual touches. This dashboard unlocks the benefits of heightened data accuracy and the liberation of working capital, delivering automation and saving more time than ever for our customers. The tool will push businesses towards future-proofing their financial operations and furthering 100% touchless invoice processing.”

In addition to eliminating manual actions from invoice processing, the dashboard offers granularity to analyze data of suppliers, users, and invoice types, exposing potential gaps in touchless processing. For example, as well as seeing the overall touchless rate, AP managers can customize the metric to only view a certain phase of the invoice process – such as receiving, matching or approval.

By pinpointing specific actions or tasks that delay touchless efficiency, managers can simulate outcomes to uncover the root causes of non-touchless processes and gain a detailed understanding of obstacles, ultimately facilitating targeted improvement efforts. This enhances several key metrics, including visibility into supplier impact, team member performance and calculating ROI before implementing changes.

For more information on utilizing touchless rates and Basware Insights for greater efficiency, visit here.

About Basware 

Basware is how finance leaders in global enterprises can finally automate their complex, labor-intensive invoice processes and stay compliant with regulatory change. Our AP automation and invoicing platform helps you achieve a new level of efficiency – in a matter of months – while reducing errors and risks. We bring a unique combination of true automation, complete coverage, and deeper expertise to make it all just happen for our customers. That’s why the world’s most efficient AP departments at thousands of companies rely on Basware to handle over 220 million invoices per year. Basware. Now it all just happens.™

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View original content:https://www.prnewswire.co.uk/news-releases/basware-launches-tool-to-deliver-a-completely-touchless-invoice-process-302085566.html

Fintech PR

Slice Mobile launches special Black Friday offers

Published

20 minutes ago

November 27, 2024

CISION (PR Newswire)

Double Data Deal for Life

LONDON, Nov. 27, 2024 /PRNewswire/ — In anticipation of Black Friday, Slice Mobile is enhancing its popular plans—Mini, Middy, and Biggie—by offering double the data. Both new and existing customers can benefit from this upgrade for life, as long as they remain on the same plan.

Available Deals:

Mini Plan: Now 20GB for £10
Middy Plan: Now 60GB for £15
Biggie Plan: Now 200GB for £20
Bigger Biggie Plan: Already unlimited at £30

Unlimited Plan for £5 for 3 Months

For a limited time, Slice Mobile is offering the Bigger Biggie unlimited plan for just £5 per month for the first three months. Normally priced at £30, customers can access this discount by applying the promo code FIVER at checkout. With eSIM technology, users can connect within minutes without waiting for a physical SIM card.

Key Benefits of the Offer:

Unlimited data, texts, and calls, eliminating mid-month worries.
Instant eSIM setup through the app, bypassing delivery delays.
EU roaming up to 30GB included.
Flexible, rolling monthly plan.
A 7-day free trial to experience the service risk-free.
An impressive 83% discount on the first three months, saving £75 in total.
Simple sign-up: apply promo code FIVER at checkout.

This limited-time offer is available until 11th December 2024, making it the perfect opportunity for those seeking a flexible and affordable mobile plan.

How to Get Started

New users can join Slice Mobile, or current users can switch their free trial to a paid plan via the Slice app during the promotional period.

View original content:https://www.prnewswire.co.uk/news-releases/slice-mobile-launches-special-black-friday-offers-302317430.html

Fintech PR

ADFW Unveils Full Agenda for 2024 Edition, One of the Most Impactful Financial Gatherings of the Year

Published

2 hours ago

November 27, 2024

CISION (PR Newswire)

ABU DHABI, UAE, Nov. 27, 2024 /PRNewswire/ — Abu Dhabi Finance Week (ADFW) has unveiled a compelling agenda for this year’s event that will take place from 9^th to 12^th December 2024. ADFW 2024 – ADGM’s flagship event with ADQ as its headline partner – is one of the most anticipated financial gatherings this year, with a lineup of industry-shaping events, influential speakers, and strategic forums that will explore the theme of ‘Welcome to the Capital of Capital.’

This third edition is in keeping with ADFW’s tradition of convening some of the most renowned global financial leaders, investors, policymakers, and thought leaders to address and analyse topics such as economic, human, cultural, environmental and technological capital, that make Abu Dhabi the ‘Capital of Capital’. The agenda for 2024 includes over 60 main and side events, more than 350 thematic sessions and approximately 600+ speakers. The event expects a gathering of over 20,000 attendees from around the world, representing over USD 30 trillion in managed assets.

Commenting on ADFW’s exceptional agenda, His Excellency Ahmed Jasim Al Zaabi, Chairman of ADGM and ADDED said, “Abu Dhabi Finance Week has firmly established itself as a global platform that attracts the most influential professionals in the finance industry from across the world. This year’s agenda for ADFW is a testament to Abu Dhabi’s position as a leading international financial hub, where innovation and collaboration drive progress for the Falcon Economy. ADFW continues to create unparalleled opportunities for meaningful dialogue, shaping strategies that strengthen resilience and growth in today’s evolving economic landscape, welcoming them to the ‘Capital of Capital’.”

Key forums, including the Abu Dhabi Economic Forum, Asset Abu Dhabi, RESOLVE 2024, Fintech Abu Dhabi, and the Abu Dhabi Sustainable Finance Forum (ADSFF) will return this year. New events for 2024 include the UBS Investment Forum, the China UAE Investment Summit with HSBC, the Islamic Finance Summit, the Spear’s Private Wealth Summit, and the Abu Dhabi Capital Markets Showcase.

Day 1: Opening Ceremony and Abu Dhabi Economic Forum
The official opening ceremony is on 9^th December in the presence of esteemed members of Abu Dhabi’s leadership, heads of leading global investment and financial firms and other VIPs from the financial industry.

Abu Dhabi Economic Forum, a high-level leadership gathering, will feature in-depth discussions on the current state of and prospects for the Falcon Economy. It will bring together senior members of the Abu Dhabi government and prominent figures from the private sector, representing key industries. Speakers include the CEOs of Blackrock, Morgan Stanley, HSBC, Citigroup, BNY, Lunate, First Abu Dhabi Bank (FAB) and Aldar. ADEF Private Leadership Forum, Abu Dhabi Capital Markets Forum, the UBS Investor Forum and the prestigious ADFW Gala Dinner are a few of the major sub-events scheduled for the day.

Day 2: Asset Abu Dhabi and RESOLVE
The second day starts with Asset Abu Dhabi in association with ADCB, Mubadala and PGIM Global Asset Management. Bringing together asset allocators, asset managers, investment bankers, venture capitalists, private equities, family offices and other institutional investors, collectively managing over USD 30 trillion in assets, the event will see industry titans such as Ray Dalio, Robert Smith – Founder, Chairman & CEO at Vista Equity Partners, Aron Landy – CEO at Brevan Howard, and Bill Huffman – CEO at Nuveen take to the stage.

RESOLVE will also be held on this day, in collaboration with the Judicial Department. Under the theme ‘Resilience’, the event is set to host impactful conversations among key stakeholders from the global dispute resolution community and leaders from government, industry, and academia.

Day 3: Fintech Abu Dhabi and Global Financial Regulators Summit
Fintech Abu Dhabi, the Middle East’s largest fintech festival, will spotlight innovations in AI, digital security, and blockchain technology. Breakout events like Blockchain Abu Dhabi, RISK 4.0 Forum, Islamic Finance Summit and the AI Abu Dhabi Forum will showcase the transformative potential of emerging technologies. Leading voices, including Jeremy Allaire – CEO and Founder of Circle, Richard Teng – CEO of Binance, and Caroline Pham – U.S. CFTC Commissioner, will discuss the evolving landscape of financial technology.

The Global Financial Regulator Summit also returns as a closed-door gathering of international senior regulatory bodies and representatives from the MENA region, the European Union, the UK, Asia and the USA to discuss the approach to the opportunities and challenges presented by the rise of AI.

Day 4: ADSFF
Exactly one year after hosting its last edition at COP28, the Abu Dhabi Sustainable Finance Forum (ADSFF) will be held on the concluding day of ADFW to conduct discussions on sustainable finance, impact investing, and net-zero commitments. It will bring together impactful voices like H.E. Carme Artigas Brugal, Co-Chair of the AI Advisory Body at the United Nations, Sheikha Shamma bint Sultan bin Khalifa Al Nahyan, Jonathan Dean of AXA IM and H.E. Majid Al Suwaidi, CEO of Alterra underscoring Abu Dhabi’s commitment to sustainability and green finance.

Curated side events include ‘Women in Finance’ and the ADFW Venture Park.

For more information on the agenda please visit What’s Happening in ADFW | Agenda – Abu Dhabi Finance Week

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View original content:https://www.prnewswire.co.uk/news-releases/adfw-unveils-full-agenda-for-2024-edition-one-of-the-most-impactful-financial-gatherings-of-the-year-302317367.html

Fintech PR

Comviva appoints Raja Mansukhani to accelerate growth and transformation

Published

2 hours ago

November 27, 2024

CISION (PR Newswire)

comviva-appoints-raja-mansukhani-to-accelerate-growth-and-transformation

NEW DELHI, Nov. 27, 2024 /PRNewswire/ — Comviva, a global leader in digital transformation solutions, specializing in customer experience management, data monetization, and mobile financial services, today announced the appointment of Raja Mansukhani as its Chief Strategy, Technology, and Transformation Officer. In this key role, Raja will drive the execution of strategic initiatives that are central to Comviva’s transformation and the realization of its ambitious Comviva 2.0 vision.

Raja brings over two decades of leadership experience across IT, telecommunications, fintech, and digital platforms. He has led organizations through large-scale business and operational transformations, market expansions, and the launch of innovative products and technologies in diverse global markets. Prior to joining Comviva, Raja was the CEO of a Digital Platforms company within the Axiata Group.

Welcoming Raja to the Comviva leadership team, Rajesh Chandiramani, Chief Executive Officer at Comviva, said, “We are thrilled to have Raja on board during this transformative phase for Comviva. His deep industry knowledge and proven ability to drive growth and innovation align perfectly with our vision for Comviva 2.0. Raja’s leadership will be instrumental in shaping our strategic direction and technology roadmap, as we continue to deliver cutting-edge digital solutions for our customers worldwide.”

Raja Mansukhani shared his enthusiasm about joining the Comviva team, stating, “I am honored to be part of Comviva, a company renowned for its pioneering solutions and steadfast commitment to a customer-centric approach. As the industry undergoes rapid transformation, this is an exciting opportunity to lead strategic initiatives alongside a talented team that will unlock new opportunities and accelerate Comviva’s growth while delivering differentiation and significant value creation for our customers. As a team, we will drive innovation, foster value-driven transformation, and work towards achieving the bold objectives of Comviva 2.0.”

With Raja’s appointment, Comviva reaffirms its commitment to delivering innovative, customer-first solutions while accelerating its transformation efforts to stay ahead in the rapidly evolving digital economy.

As part of its strategic growth, Comviva is enhancing its capabilities in digital commerce, data monetization, and customer experience solutions. By focusing on partnerships with technology leaders and hyperscalers, and advancing operational excellence across MarTech, FinTech, DigiTech, and RevTech, Comviva is positioning itself as a catalyst for innovation. These initiatives align with the company’s vision to lead the digital transformation journey, empowering businesses to unlock new revenue streams and deliver exceptional customer value.

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