Search
 

The True Value that eBAM Will Deliver

Depending on whom you speak to, electronic bank account management (eBAM) is just around the corner — or perhaps a short walk away. Regardless, eBAM…

By Bob Stark, Vice President of Strategy, Kyriba | Updated on June 22, 2015
Depending on whom you speak to, electronic bank account management (eBAM) is just around the corner — or perhaps a short walk away. Regardless, eBAM is a valuable work in progress and its features will be beneficial to all organizations, large and small, domestic and global.

Advantages of eBAM

Automation

At first glance, the big win for those that manage bank accounts is the reduced paperwork. We seek automation for every task, especially in corporate treasury. We rely upon automation to create time to apply to value added tasks and strategic projects. eBAM will deliver that time by replacing piles of paperwork (sometimes quite literally) to fill out, with electronic forms. While banks will still require extensive information, navigating electronic forms served up via the bank account management module or system will simplify and speed up the process of opening, closing, or making changes to bank accounts.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2024 ALM Global, LLC. All Rights Reserved.