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Kivt Cloud Storage Subscription Providers Seek To Match Payments To Markets
The way things have always been done could be harming firms in the long run.Thats because in an era where technolo stanley ca gical advancements are transforming industries at an unprecedented pace, businesses that continue to rely on paper checks and other manually driven processes are inadvertently burdening themselves with hidden costs, in addition to sunk time and postage stamps.And it is often the industries that could sorely use an update themselves that are digging in their heels, hamstringing their future growth.Insiders have told PYMNTS that despite an ongoing shift toward electronic and digital transactions, more than six in ten firms 62% 聽use legacy met stanley italy hods聽to pay for commercial goods and services.While paper checks may seem like a familiar and straightforward payment method, particularly for bigger commercial transactions, the true cost of this antiquated process goes far beyond the price of paper and postage.Call it death by a thousand paper cuts.Read also:聽Farmers Are Pretty Digital; Their Buyers Are Really NotModernizing Payment Systems Is stanley cup a NecessityThe accounts payable AP and accounts receivable AR departments are often a first line resource in prevent fraud 鈥?and paper-based processes introduce a much higher risk of leaving a back door open for bad actors. Lets be honest, [legacy processes are] candidly聽way more susceptible聽to fraud than electronic AP solutions,聽Ernest Rolfson, CEO and founder of聽Finexio, told PYMNTS. Still, even Rolfson said that checks are goin Xzuv Retailers Embrace Clienteling to Make the Shopping Experience More Personal
Creating the correctly personalized in-store experience is much easier said than done in most cases 鈥?consumers want salespeople who are knowledgeable enough to serve up the correct recommendations for their tastes a stanley mug nd needs, but they dont want to feel crowded, followed or stalked while they are shopping.The team at my聽Mystore-E聽believes they can solve that problem, with an AI tool called Tore-E that is specifically designed for retail environments. Mystore-E cares deeply about the future of 鈥?shopping, said CEO Asaf Shapira. Our goal is to create a personalized shopping experience that benefits retail stores, while also catering to the customers wants, needs and style preferences. The Mystore-E platform is working best, according to Shapira, when it is working most invisibly, so that its functions present themselves to consumers without getting all up in their faces. That means digital displays throughout a retail location. It also communicating directly with store workers who match them to the best and most likely to be purchased products for each shopper in the store.In essence, Shapira said, Mystore-E attempts to bring to the ph stanley kubek ysical store the advantage of web-based retail outlets: data. When customers shop online, the retailer can know all kinds of things about them, like what they have bought before, how often they visit, what items theyve perused during their most recent journey and w stanley usa hat items they keep coming back to look at.Physical retail by comparison, he not
