B2B payments

in #fintech4 years ago (edited)

Tons of tech geeks highly focus on digital bank accounts apps, cross boarder payments etc. , for easy usage with friendly user interface.
But the back end parts which start from like preparing, storing financial data, sharing and managing, tracking, arranging, until auditing especially B2B, and not cross -boarder are still in a mess and with large amount of routine paper works.

I had spend all my younger life digging out individual paper shits from piles of files and boxes in the store room which records were compulsory to be kept for six years.For internal/external auditors, management team ,IRAS and banks whom usually requested to see ONLY original SIGNED physical records.

And you had moments like a snow white found her Prince every time you successfully found those shits.Because your boss will keep asking for those shits and also auditors every morning until you found it

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