Irish Bitcoin ATM operator Bitcove continues it’s expansion across Ireland, recently adding a new bitcoin and ethereum ATM in Kimmage. The same model as we’ve reviewed before, it allows you to feed in cash and get crypto send to your wallet through a QR code. This is installed in Mace, 177A Kimmage Road Lower in Dublin 12, so will be convenient for people in the area.
Digital transformation used to be considered an optional change that your company would hopefully get to in the coming years in order to increase efficiency and deliver fresh growth.
One of the lasting changes from COVID-19 is that digital transformation went from an optional—if you’re lucky—goal for companies to one that was a must for survival.
For example, per a study by Gartner, COVID-19 moved digital collaboration tools from the ‘nice-to-have' column to the ‘must-have’ column as seen by the projected 14% increased revenue in these areas by 2022. This trend can be found again and again for digital tools—it’s not exclusive to collaboration and communication.
In fact, 97% of IT directors in a worldwide survey reported that their firms digitally transformed because of COVID-19, and of those respondents, three out of five said they saw a “large amount of change.”
It’s clear that digital transformation is a popular trend today. So what do people mean when they talk about it? What is digital transformation?
Digital transformation is, essentially, the act of leveraging digital technologies such as the cloud, data, analytics, artificial intelligence (AI), and machine learning to digitize how your organization does things—as well as the customer experience. It is a journey that begins with a cultural and organizational shift that will put the end-user experience as the priority.
For finance departments, it’s key that digital transformation includes adding accounts payable (AP) automation to your suite of solutions. Keep reading to discover why, as well as:
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