Forbes: The evolving landscape of CorpTech - What's driving investment?
This post was originally featured in Forbes. You can read the original article here.
The digital transformation wave is changing the way businesses operate, and CorpTech is at the forefront of this revolution. By digitalizing traditional corporate workflows, these companies are catching investors' attention and changing the business landscape.
EU's Push for Digital Transformation
The European Union's commitment to enhancing digital capacities in skills, public services, infrastructure, and business increases the demand for innovative CorpTech solutions. The EU's endorsement means a promising future for investors and new funding opportunities for cutting-edge technologies.
Automation for a Smoother Business Experience
Gone are the days of tedious paperwork and manual tasks. Automation streamlines routine processes like updating registries, monitoring projects, and communicating with government institutions. This allows businesses to operate more efficiently and focus on growth and innovation.
According to a McKinsey report, large companies have automated at least one business process in areas such as finance, IT, and customer service. Coordination across business units is essential for achieving better automation outcomes in the future.
CorpTech Success Stories
Accounting software like QuickBooks and Xero have simplified the lives of accountants by automating repetitive tasks. Similarly, project management tools like Trello, Asana, and ClickUp have made collaboration and tracking progress more efficient. CRM software such as Salesforce and HubSpot have revolutionized customer relationship management by making it easier to track customer interactions and identify growth opportunities.
Binderr, a rising CorpTech star from Malta, offers an advanced platform for setting up and managing companies through a connection to the business registry. This innovative solution is taking Europe one step closer to a digital and interconnected future. This CorpTech company has been recognized as one of Malta’s top 10 startups to watch in 2023 by eu-startups.com. The platform was created by an international team, with IT experts hailing from Estonia as the driving force behind its development.
CorpTech Benefits at a Glance
Binderr's CEO, Jacob Appel, highlights the benefits of CorpTech:
- Boosting competitiveness and cross-border investments
- Improving compliance, transparency, and access to information
- Reducing costs and administrative burden for companies and public registries
- Supporting eco-friendly corporate services
As businesses increasingly prioritise efficiency and automation, investors are keeping a keen eye on the CorpTech industry and the value it brings to the table.
