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What is a key prerequisite for using electronic bank accountmanagement (eBAM) to reduce paperwork?Bank-provided...What...

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Accounting

  1. What is a key prerequisite for using electronic bank accountmanagement (eBAM) to reduce paperwork?

  1. Bank-provided treasury management system
  2. Upgrade from BAI2 to BTRS
  3. TWIST standards
  4. Initial relationship development

Answer & Explanation Solved by verified expert
3.6 Ratings (394 Votes)
The purpose of electronic bank account management eBAM is for companies to easilyefficiently manage the multitude of bank accounts they might possess BAI stands for Bank Adminstration Institiute US and it is a not for profit organization which aims to improve the standrds of banking specifically in operations and audit spheres BAI developed a file format    See Answer
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In: AccountingWhat is a key prerequisite for using electronic bank accountmanagement (eBAM) to reduce paperwork?Bank-provided...What is a key prerequisite for using electronic bank accountmanagement (eBAM) to reduce paperwork?Bank-provided treasury management systemUpgrade from BAI2 to BTRSTWIST standardsInitial relationship development

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