PYMNTS

SEPTEMBER 25, 2019

Know Your Customer is another area of compliance friction for these companies, added Wales, as money laundering and terrorist financing become more significant threats to the borrowing and lending space. The legal implications of data are perhaps one of the most understated challenges of regulatory compliance,” said Wales.

Compliance 47

Compliance P2P Risk Management Regulatory Compliance 47

PYMNTS

SEPTEMBER 28, 2020

They also need to collect and verify vendors’ details to comply with anti-crime regulations, adhere to tax reporting requirements and deliver convenient digital payments to these suppliers. Corporate buyers must gather data to ensure that potential suppliers can meet their procurement needs, but their research does not stop there.

Enrollments 66

Enrollments Crime B2B AML 66

Nanonets

MAY 7, 2024

Overall, expense reconciliation is critical to ensuring financial accuracy, regulatory compliance, fraud prevention, efficient budget management, and informed decision-making. Compliance with regulatory standards and reporting requirements adds another layer of complexity to the expense reconciliation process.

Reconciliation 52

Reconciliation Best Practices Compliance Credit Cards 52

Nanonets

FEBRUARY 15, 2024

Regulatory compliance becomes a challenge, as the manual handling of invoices hinders meeting accuracy and reporting requirements. The system learns from experience, adapting to new invoice formats and evolving business requirements, mitigating the limitations posed by the rigidity of traditional methods.

AI 52

AI Automation Process Mitigation 52

Nanonets

NOVEMBER 29, 2023

Process: This often involves a final meeting with HR to ensure all paperwork is completed and any outstanding issues are addressed. In a manual onboarding process, each step requires significant human intervention, from preparing and handling physical documents to scheduling and conducting in-person meetings.

Automation 52

Automation Compliance Legal Process 52

FloQast

MARCH 12, 2024

However, larger capital requirements don’t necessarily mean a private company is ready to become a public company. However, there are significant accounting and reporting requirements associated with this structure, so it’s crucial to discuss the decision with your tax advisor, IPO advisor, and legal counsel.

Advisors 52

Advisors Due Diligence Audit Legal 52

Nanonets

APRIL 2, 2024

 Maintaining accurate financial records is crucial for informed decision-making and regulatory compliance, making bank reconciliation an integral aspect of financial management.   This transparency is essential to establish trust among stakeholders and investors, and for regulatory compliance.

Reconciliation 52

Reconciliation Automation Regulatory Compliance Compliance 52

Nanonets

JANUARY 17, 2024

Let's see how InnovateX, or any other company adopting expense management best practices and solutions is able to effectively address traditional expense management issues: Real-Time Data is King : In the fast-paced business world, making decisions based on last quarter’s data is like driving using your rearview mirror.

Payment APIs and Integration 52

Payment APIs and Integration Compliance Automation Audit 52