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Like others, Orlandini does not consider the topic as entirely new; it fits with businesscontinuity planning. Many other executives are devising strategies for responding in such scenarios, says David Groombridge, a distinguished vice president analyst within the sourcing, procurement and vendormanagement team at Gartner Research.
For Italo, this IT-business dialog is based on a flexible IT infrastructure that includes numerous automation and AI components, and provides the necessary groundwork for businesscontinuity. IT was divided into three parts: core banking, IT infrastructure, and data management, analytics, and AI.
Vakrangee, a Mumbai-based provider of banking and e-governance services, has appointed Prashanth Thakur as senior vice president and head of technology and digital. At Vakrangee, he will be responsible for managing the technology stack, automation, tech operations and digitization of key businesses in the organization.
Upon approval, the system generates payment instructions to the bank or pays the vendor directly through a digital payment network. It’s time to shelve unused data Vendormanagement is another important aspect of AP automation. The system may also provide notifications and reminders to ensure timely approval.
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