Precise and timely information delivery is a standard commodity in today's financial industry, leading many banks to realize the importance of providing new insights and capabilities to their clients. Moreover, a recent Financial Insights survey revealed that over 50% of respondents are actively looking for improved financial reporting, process reengineering or improvement, and upgrades in technology. Banks are thus transitioning from first-generation Web applications to Web 2.0 and rapidly deploying rich Internet applications (RIAs) to replace standard information reporting, and perfect online cash management.

This white paper explores how an investment in the corporate portal around Web 2.0 and RIAs in collaboration with service-oriented architecture, can enable superior invoice management as well as financial and physical supply chain management within your corporation.