Enterprise resource planning (ERP) doesn’t look like it used to. With the emergence of new corporate finance and management apps, ERPs are turning into a central repository of data collection, and according to VAI vice president of sales Joe Scioscia, ERP now has an opportunity to embrace tools like blockchain.
In a recent discussion with PYMNTS, Scioscia said that organizations demand real-time visibility of data across apps and systems. Blockchain’s security and data management potential makes it an attractive technology in the ERP space as providers meet data visibility demand.
“Blockchain is becoming a really interesting technology,” he said.“It can provide full visibility and transparency of the transactions you are doing as a business.”