Digital Transformation and Why It Matters | CORE Skip to content Who We Help Government Government Revenue Management Government Payment Solutions Government Consumer Engagement Solutions Healthcare Healthcare Revenue Management Healthcare Payment Solutions Healthcare Consumer Engagement Higher Education Why CORE About Us Our Solutions Revenue Management Registered Payment Facilitation Services Reconciliation Payment Solutions Online Payments Cashiering Payment Processing EBPP Text-2-Pay Automatic Payments Self-Service Payments Credit/Debit Card Payment ACH/eCheck Payments Mobile Payments Pharmacy POS Devices / Peripherals Terminals Hosted IVR Kiosk Solutions Wire Transfer Consumer Engagement Custom Web Page Design Event Management & Ticketing Resource & Facility Management Service Request Management Content Management Reporting Compliance PCI Compliant Payment Solutions Platform Integrations Partners Resources Resource Center Blog Events Webinars Get Started Menu Who We Help Government Government Revenue Management Government Payment Solutions Government Consumer Engagement Solutions Healthcare Healthcare Revenue Management Healthcare Payment Solutions Healthcare Consumer Engagement Higher Education Why CORE About Us Our Solutions Revenue Management Registered Payment Facilitation Services Reconciliation Payment Solutions Online Payments Cashiering Payment Processing EBPP Text-2-Pay Automatic Payments Self-Service Payments Credit/Debit Card Payment ACH/eCheck Payments Mobile Payments Pharmacy POS Devices / Peripherals Terminals Hosted IVR Kiosk Solutions Wire Transfer Consumer Engagement Custom Web Page Design Event Management & Ticketing Resource & Facility Management Service Request Management Content Management Reporting Compliance PCI Compliant Payment Solutions Platform Integrations Partners Resources Resource Center Blog Events Webinars Get Started What is Digital Transformation and Why Does it Matter? May 27, 2021 Blog Post Welcome to the new Age of Experience, where the interactions that a customer has with an enterprise is an extension of their brand and services. In recent years, enterprises have been under growing pressure to transform operations and invest in innovative technologies and processes to account for this digital shift. The need to adopt transformative initiatives have been accelerated by the need to meet customers where there are, improving efficiencies and service delivery while reducing costs. Historically faced with challenges in updating financial systems and infrastructure due to budget constraints, increased workloads, and insufficient resources, there is growing recognition that investing in digital transformation has significant pay off. With all the hype of digital transformation, however, sometimes it is easy to forget what it means and why it is important to adopt. To be brief, digital transformation is applying new, emerging technologies to fundamentally improve how enterprises operate, from digitizing business processes to offering more engaging customer experiences. With changing expectations for greater transparency, responsiveness, and customer engagement, you cannot fully embrace digital transformation without modern payments. When enterprises expand their digital transformation efforts to include anytime, anywhere payments, integrated revenue management, and more ways to connect with customers, organizations have experienced significant improvements from payment collections, customer satisfaction, and more! RELATED POSTS Blog Post 9 Steps to Introducing New Technology in the Workplace Blog Post What is a Virtual Terminal For Credit Card Processing? Everything You Need To Know Blog Post What You Need to Know About Hosted IVR Solutions 950 Warren Avenue, 4th Floor, East Providence, RI 02914 1.866.567.CORE (2673) Industries Government Healthcare Higher Education Menu Government Healthcare Higher Education Solutions Revenue Management Payment Processing Solutions Consumer Engagement Reporting Menu Revenue Management Payment Processing Solutions Consumer Engagement Reporting About Us Our Solutions Why Core Leadership Blog Contact Us Customer Support Menu Our Solutions Why Core Leadership Blog Contact Us Customer Support © Copyright 2022 CORE Business Technologies. All Rights Reserved. Privacy Policy