Clearly Payments

JANUARY 8, 2024

Chargeback Management Best Practices Chargebacks pose a significant challenge for merchants, impacting both financial stability and reputation. Implementing effective chargeback management practices is essential to minimize their occurrence and address disputes promptly. Read this article on what is a good chargeback rate.

Risk Management 97

Risk Management Risk PCI DSS Process 97

FICO

OCTOBER 26, 2017

This process was completed in February 2014 with an agreement on a common reporting format between IRS and OECD (Organization for Economic Co-operation and Development), FATCA reporting Form 8966. The best practice is to cover both FATCA and CRS compliance requirements with one system. This process has to be audit-proof.

Compliance 53

Compliance IRS Agreements Audit 53

Nanonets

SEPTEMBER 23, 2023

In this guide, we will explore the  requisition process  and its role in accounting, as well as discuss best practices for managing and optimizing the process. The request is then approved or rejected based on the organization's policies and procedures. What is a Requisition Order?

Process 52

Process Best Practices Compliance Procedures 52

EBizCharge

APRIL 26, 2024

Deduction management: When early payments or volume discounts are part of the agreement, customers may deduct these from the total invoiced amount. In addition to knowing how to deal with these invoices, incorporating best practices to minimize short-paid invoices is invaluable for any AR team.

Disputes 52

Disputes Best Practices Procedures SWIFT 52

Nanonets

NOVEMBER 22, 2023

Best practices for managing global suppliers Know your suppliers : Get to know the suppliers that you are planning to work with personally. Use Global Food Safety Initiative (GFSI) : Leverage GFSI extensively and establish contracts and import protocol agreements.

Best Practices 52

Best Practices Compliance Automation Audit 52

Nanonets

SEPTEMBER 25, 2024

We'll also guide you through setting up an efficient bank statement processing system and share best practices to transform this data flood into a strategic asset. 💡 Best practices:  1.   💡 Best practices:  1. 💡 Best practices:  1.

Process 52

Process AI Best Practices Reconciliation 52

PYMNTS

FEBRUARY 2, 2017

Today’s agreement with the CFPB provides RushCard customers adversely affected by the October 2015 event with an opportunity to be further compensated for inconveniences caused during the service disruption.”. “We

CFPB 40

CFPB Consumer Financial Protection Bureau (CFPB) Visa Direct Deposit 40

Core

MAY 18, 2023

With a streamlined RFP system, your agency can boost procedural efficiency and productivity across every stage of an RFP for content management and payment processing. 5 Common Challenges in the Traditional RFP Process for Government Agencies Government agencies face hurdles with commonly employed RFP practices.

RFP 52

RFP Process Governance Government 52

EBizCharge

APRIL 23, 2024

These terms can also be part of contractual agreements or industry standards. Trade credit: Trade credit represents an agreement between businesses where the buyer can purchase goods or services on account and pay the supplier at a later scheduled date. First, it’s essential to use a standardized follow-up procedure.

Payments 52

Payments Best Practices Settlement Assessments 52

Nanonets

MAY 8, 2024

Analyze charts for reconciliation status and aging summaries to track fund disbursement and adherence to service level agreements (SLAs). Standardize Operations : The design of standardized procedures for reconciliation fosters uniformity and precision.

Reconciliation 52

Reconciliation Settlement Alternative Payment Methods Automation 52

Segpay

OCTOBER 4, 2023

This may include clear affiliate agreements, regular monitoring of affiliate activities, education and training on relevant laws and regulations, and ongoing communication to ensure affiliates adhere to best practices.

Security 52

Security Due Diligence Compliance Payments 52

Nanonets

JULY 28, 2023

Document workflow management procedures exist in most companies, but their formality varies. By understanding the benefits and best practices, organizations can optimize their processes, enhance productivity, and ensure seamless access to critical information. What is document workflow management?

Disaster Recovery 52

Disaster Recovery Automation Procedures Compliance 52

Nanonets

AUGUST 8, 2024

We'll also walk you through the critical steps in the annotation process and share expert tips and best practices to help you avoid common pitfalls. Techniques and best practices for annotating LLM data If the data is not annotated correctly or consistently, it may cause significant issues in model performance and reliability.

AI 52

AI Automation Process Best Practices 52

Nanonets

FEBRUARY 6, 2024

The external transactions go through the routine account reconciliation procedure, where the general ledger is matched with documents like bank statements. " The supporting document would be the loan agreement or the loan disbursement payment records. Best Practices in Intercompany Reconciliation 1.

Reconciliation 52

Reconciliation Adjustments Automation Transactions 52

Nanonets

SEPTEMBER 22, 2023

Prior to entering into contractual agreements, conducting initial risk assessments is crucial to understand potential risks associated with the vendors. It allows both parties to define the scope of work, services, deadlines, and payment agreements. It aims to harmonize the regulatory framework and streamline the authorization process.

Risk Mitigation 40

Risk Mitigation Mitigation Risk Assessment Assessments 40

Nanonets

SEPTEMBER 22, 2023

Contract Management Ensuring   compliance , managing legal and commercial terms, and optimizing supplier agreements for better business outcomes. Without standardized procedures, organizations struggle to streamline their procurement operations, resulting in wasted time and resources.

Compliance 52

Compliance Process Mitigation Risk 52

Segpay

JUNE 28, 2024

Consider an on-set code of conduct for best practices. Get your policies and procedures now to avoid penalties and protect your business. Studio-produced content guidelines: For studio content, outline a clear code of conduct, best practices, and production rules. Here is what you need to know: 1.

Risk 52

Risk Verification Procedures Compliance 52

Segpay

JUNE 27, 2024

Whether utilizing third-party producers or generating their own content, subscription-based platforms must have internal policies outlining prohibited content categories, pre-posting review processes, and stringent age/ID verification procedures for models. Also, be ready to provide a sample model release agreement.

Audit 52

Audit Verification Non-Bank Acquirers 52

EBizCharge

NOVEMBER 1, 2024

Additionally, revisiting the terms and conditions of the credit or purchase agreement can offer insights for adjusting future transactions to avoid repeated short payments. Along with implementing the proper protocols to address and resolve short payments, businesses can follow several best practices when handling these transactions.

Best Practices 52

Best Practices Payments Strategy Disputes Payments 52