Nanonets

JANUARY 9, 2024

Introduction XML stands for Extensible Markup Language and is one of the more popular formats in which data is stored and shared between systems and software. XML is a versatile coding language similar to HTML. However, not all applications support PDF and hence the data needs to be extracted into other formats.

XML 52

XML Use Case Data Security Database 52

Nanonets

SEPTEMBER 25, 2024

In this article, we’ll explore applications of AI and automation for bank statement processing. 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.

AI 52

AI Process Best Practices Reconciliation 52

Nanonets

SEPTEMBER 23, 2024

  That's where modern AI-powered tools come in. Now, let’s examine how this is done and explore some advanced AI-powered bank statement analysers (BSA). AI-powered bank statement extraction AI-powered tools are paving the way for financial analysis across all industries.

Payment APIs and Integration 52

Payment APIs and Integration AI Audit Non-Bank 52

Nanonets

JUNE 19, 2023

Let's look at the 5 most popular ways in which businesses extract data from PDFs. Check out Nanonets' pre-trained data extraction AI for bank statements , invoices, receipts, passports, driver's licenses & or any tabular data! Giphy Want to capture data from PDF documents or convert PDF to Excel ?

Automation 98

Automation Online and Mobile Banking Use Case XML 98

Nanonets

SEPTEMBER 25, 2024

Through the following sections, we will dive deeper into what lease abstraction is, the various techniques one can use to automate lease abstraction and the various benefits of using AI-based document processing tools over these techniques.  Data security: Privacy issues when using third-party LLMs for sensitive lease abstraction.

Indemnification 52

Indemnification AI Automation Payment APIs and Integration 52

Nanonets

JULY 29, 2024

Net pay : In-hand amount after all deductions Year-to-date (YTD) totals: Total earnings and deductions for the current year Convert payslips OCR can convert payslips into PDF, TXT/Doc, CSV, XLSX, XML, or JSON formats. Data security With a surge in free OCR tools, data security is at a major risk.

Payment APIs and Integration 52

Payment APIs and Integration Payroll Automation API 52

Nanonets

AUGUST 16, 2024

  This automation process leverages cutting-edge tools such as machine learning (ML), artificial intelligence (AI), and natural language processing (NLP).  Automating claims processing also offers substantial benefits, such as additional cost savings, improved customer service, and strengthened data security.

Automation 52

Automation Process Fraud Detection Payment APIs and Integration 52