Companies now actually carry out almost all digitisable business processes electronically. It is only in the payment processes that there are often problems, because many financial institutions still perform a whole series of process steps in account management manually. This does not have to be the case: PPI offers a simple, reliable and quickly implementable solution for electronic bank account management (eBAM).
Manual, slow and paper-based processes are an anachronism completely out of date. And yet such outdated procedures still prevent smooth electronic payments at many banks – much to the annoyance of corporate customers. As a rule, their financial processes are completely digital, with only the interaction with the financial institution proving to be a bottleneck. Not surprisingly, many companies are demanding electronic bank account management (eBAM) from their financial service providers.