What is Vendor Master Data in SAP?

Business transactions are recorded and managed by posting entries to designated accounts. It is essential to establish a master record for each account to effectively control the system’s recording and processing of business transactions. The master record serves as a central control point, dictating how transactions are handled and ensuring consistency in the financial management […]
Top Digital Banking Trends for 2024

In recent years, customer interactions with banks have undergone a significant transformation. The emergence of digital-savvy fintechs and neobanks has made digitization imperative for traditional banks. To remain market leaders, banks must adopt a progressive approach to digitization, prioritising elements that contribute to a smooth customer experience. The evolving landscape is guiding banks toward becoming […]