UM Labs

Enterprise Resource Planning (ERP) software among financial institutions, which utilises TEA (Telephony Enterprise Applications) is growth crucial.

Tuesday, 7th April 2020 | Posted in: Blog

Barely half 51% of banks are able to keep up with the speed of their business due to legacy software, according to new figures. The survey focussed on use of Enterprise Resource Planning (ERP) software among financial institutions, which utilises TEA (Telephony Enterprise Applications) applications , with the research suggesting that deploying ERP software could cut the cost of “keeping the lights” on for business budgets from 70% to 36%,…

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