Flexible Integration That Makes a Difference
Digital transformation journey does not end with the automation, intelligent data extraction and analysis. Fully digital experience includes a complete cycle where the data lives in a digital form throughout the process. Payboard provides that last piece of function through a bridge that connects your financial data with the variety of ERP systems. Depending on the architecture of each system, a bridge can have one-way or two-way functionality. Whichever happens to be, the end goal remains the same: information in digital form remains digital.
Having critical data in non-digital form, whether that's a paper, email, or even an unstructured PDF - has always been an obstacle to a smooth functioning of an organization's departments, and especially finance. The process is very common and can easily be split in two distinct types of tasks:
1. Data Organization
Received documentation is sorted, classified and organized into meaningful sections that are stored in physical box files, or electronically in a cloud or on-premise organization-wide storage facility.
2. Data Entry
Data is then manually transformed from analog to digital form by the bookkeeper, by physically keying-in the data into a bookkeeping software system, using the previously organized documentation. In some instances, the (originally) electronically stored data is even printed on paper to make the data entry process easier for the operator.
