FINANCE PROFESSIONALS HAVE THEIR SAY ABOUT PROCUREMENT

January 6, 2020

Finance and procurement have complementary strengths and corresponding priorities, so working collaboratively makes sense strategically and practically. Despite this, many enterprises still have a strong disconnect between these departments. To learn more about the existing relationships between finance and procurement, we interviewed over 280 finance professionals in our sourcing sentiment survey. Our findings, bolstered by analyst insights, make a strong case for increased collaboration between finance and procurement.

Spotlight

Synovus

Synovus Financial Corp. is a financial services company based in Columbus, Georgia, with approximately $29 billion in assets. Synovus provides commercial and retail banking, investment, and mortgage services to customers through 28 locally-branded divisions, 257 branches, and 335 ATMs in Georgia, Alabama, South Carolina, Florida, and Tennessee.

Other Infographics
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7 Technologies disrupting the Finance Industry

Infographic | March 9, 2020

Change is not easy for any type of organization. More so for companies who have to abide by strict laws and regulations like financial institutions. Most existing banking and related laws are based on outdated legacy systems of traditional companies that are not flexible and do not necessarily reflect the current financial ecosystem.

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NFTs are the Next Big Investment Opportunity

Infographic | May 20, 2022

NFTs are bought and sold for millions of dollars. According to a survey by Deloitte, OpenSea’s trading volume surpassed $200 million in August 2021, compared to $100,000 in December 2020. OpenSea holds more than 60 million NFTs in total

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Why Fast and Accurate Financial Reporting is Critical for Construction Firms

Infographic | March 9, 2020

Executing the vision of your construction firm is priority number one. This list shows the top ten ways that fast and accurate financial reporting delivers increased value to your firm, helping to round out your vision. From enabling cash flow for new projects to the decision-making process needed for predictive trends, this infographic can empower your organization to meet both today’s and tomorrow’s challenges in the construction industry.

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Gamification in Banking and Financial Services

Infographic | February 20, 2020

When there is a lack of trust and engagement, customers don’t consume products and services. Engagement is critical to keep your customers loyal to your brand. At the same time low engagement among employees causes high levels of stress and burn out. This results in decreased performance, not to mention that stress causes higher error rates, poor quality work, staff turnover and absenteeism.

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The world of fintech

Infographic | January 28, 2020

Since the introduction of the first credit card with a magnetic stripe in 1966, financial technology has come a long way. Silicon Valley may not have birthed the term “fintech”, but it has certainly helped catapult its applications into the mainstream. Leveraging everything from basic apps to the blockchain, the changing dynamics of fintech are creating new investment opportunities every day, growing its appetite with every new megadeal.

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HOW AI IS TRANSFORMING THE BANKING AND FINANCIAL SERVICES INDUSTRY

Infographic | November 1, 2021

37% of Financial Services firms globally adopt AI to reduce operational costs AI is poised to give the banking industry an aggregate potential savings of $447 Billion by 2023 A Juniper research predicts that 90% of interactions in banks will be automated by 2022 using chatbots As per research, AI will reduce banking operational expenditures by 22% Automating middle-oce tasks with AI has the potential to save North American banks $70 Billion by 2025.

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Spotlight

Synovus

Synovus Financial Corp. is a financial services company based in Columbus, Georgia, with approximately $29 billion in assets. Synovus provides commercial and retail banking, investment, and mortgage services to customers through 28 locally-branded divisions, 257 branches, and 335 ATMs in Georgia, Alabama, South Carolina, Florida, and Tennessee.

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