Organizations from all industries suffer some level of inefficiency from a continued reliance on PPS. There is a move for PPS to Digital.

Axpire has evaluated and quantified this nagging problem, which costs companies between 15 and 25% of lost productivity, based on leading research from MIT Sloan School of Management.

Couple this with projected spend in RegTech of $10.6BN in 2017 growing to ~$75Bn in 2022, and we have provided the launching point of a new breed of spend and asset management technologies.

Using a combination of machine learning and AI, aXpire has entered this space with a SaaS-based, blockchain-inspired solution to serve hedge funds, venture capital and private equity firms, asset managers and fund administrators, soon-to-be companies across all industry verticals.

Moving from PPS to Digital workflows and processes, means that companies can release latent resources into the organization to focus on value added tasks and deliverables, helping to reduce waste and improve operating efficiencies. The need for secure, auditable and user-friendly B2B solutions has never been clearer, with Ripple currently sitting as the number two global cryptocurrency. World number one in B2B.

PPS to Digital is a technology-driven framework which can be applied across all facets of the organization, including but not limited to:

Legal

Finance

Accounting

Administration

Compliance

Executive

With B2B blockchain solutions such as Ripple being second only to Bitcoin, the market demand for a secure payment and spend management system is clear