Nanonets

SEPTEMBER 27, 2024

In this blog post, we'll explore what STP means in the context of the Insurance industry, the pain points within the industry and the benefits of STP. Uploaded IDs undergo an authenticity check and data extraction, which is cross-verified against an external database for verification. or databases, like, Amazon S3.

Process 52

Process Underwriting Automation Database 52

PYMNTS

JANUARY 26, 2018

Companies can deploy the protocol via application program interface (API), CapLinked explained in a blog post , to secure transactions and data surrounding key enterprise deals like M&A, licensing, financing and more. The solution can also safeguard information linked to compliance, auditing and regulatory review, the company noted.

Blockchain 62

Blockchain Transactions B2B API 62

FICO

NOVEMBER 30, 2022

These new offerings, however, require integration of internal data along with third-party data, profiles, real-time or streaming data, and perhaps certifying a contract in a Blockchain for security and audit purposes. Over the last few years I’ve worked directly with insurers who provided us with their customer database. FICO Admin.

Underwriting 52

Underwriting Database Audit Automation 52

Nanonets

JUNE 12, 2024

In this blog, we'll walk through what purchase order management is, why it is important, how to implement it effectively, how to automate it using technology. Nanonets Intelligent Automation, and Business Process AI Blog Karan Kalra Step 2: Choose Software to maintain POs Businesses also need a system to document each purchase.

Best Practices 52

Best Practices Automation Small Business Process 52

Nanonets

SEPTEMBER 12, 2023

This blog post will explore how an SME improved operational efficiency and saved resources using Nanonets' QuickBooks invoice automation. Enhanced compliance and audit readiness 💭 "We would spend 2-3 hours on the actual payment and maintenance."~ "~ The AP Team at Happy Jewelers.

Automation 52

Automation Process Audit Compliance 52

Nanonets

AUGUST 6, 2024

For instance, in a sports league scenario, while an LLM could provide generic information about the sport or teams, RAG empowers the AI to deliver real-time updates about recent games or player injuries by accessing external data sources like databases, news feeds, or even the league's own data repositories.

AI 52

AI Database Payment APIs and Integration Automation 52

Nanonets

JULY 13, 2023

In this blog post, we will delve into the world of duplicate receipt detection with OCR software, exploring its benefits and best practices. Audit and Record-Keeping Duplicate receipts can create challenges during internal audits or financial reviews. What are Duplicate Receipts?

Duplicate 52

Duplicate Audit Process Rules 52

Exact Payments

JULY 1, 2024

The encrypted data is then written to our database. All such accesses are meticulously logged to maintain a clear audit trail of data interactions. Instead, each sensitive PII item is encrypted with a newly generated key, and the key is stored in a hardware security module (HSM).

Data Security 52

Data Security Security Encryption Payment APIs and Integration 52

Nanonets

MAY 11, 2023

The invoice and payment details are archived in the GL for future audits. Missed invoices lead to delayed payments and associated penalties, strained vendor relationships, delays in operation, and audit issues.  This can lead to accrued liabilities over time, escalating pressure at audit periods, and non-compliance.

Process 52

Process Automation Audit Checks 52

Nanonets

APRIL 20, 2023

In this blog, we will explore the smarter way of converting JPG to Word online for free & without registering for anything, using Nanonets’ image-to-text converter to convert your JPG images to Word online. Instead of storing them as images, it is wise to use PDF OCR to convert them into a searchable database.

Automation 52

Automation XML AI Process 52

Nanonets

FEBRUARY 13, 2024

In this blog, we're diving into why and how to categorize your business expenses. This practice not only supports the environment but also simplifies retrieval and auditing processes. Documentation is crucial for substantiating deductions and can be invaluable in the event of an audit. Why Categorize Business Expenses?

IRS 52

IRS Automation Adjustments Audit 52

Nanonets

DECEMBER 6, 2023

In this blog, we will delve into the various aspects of HR process automation, exploring its benefits, technologies, data extraction, process optimization, compliance, security, and implementation. This reduces the risk of non-compliance, avoids penalties, and provides a secure and auditable HR environment.

Automation 52

Automation Process Payroll Compliance 52

Nanonets

MARCH 4, 2024

Nanonets Intelligent Automation, and Business Process AI Blog Lakshmi Gopal The next step is to set up your workflow in your expense management software. Receipts are captured faster than a speeding bullet, thanks to the wonders of mobile technology and seamless integrations to import receipts from your apps and databases.

AI 52

AI Payment APIs and Integration Fraud Detection Automation 52

Nanonets

JUNE 19, 2023

In this blog, we will delve into the various aspects of HR process automation, exploring its benefits, technologies, data extraction, process optimization, compliance, security, and implementation. This reduces the risk of non-compliance, avoids penalties, and provides a secure and auditable HR environment.

Automation 52

Automation Process Compliance Payroll 52

Nanonets

FEBRUARY 26, 2024

In this blog, we explore the top 5 accounting OCR software dominating the financial landscape in 2024. Audit Ready: Nanonets maintains a secure log of all activities for audit requirements. Make a digital archive of your financial documents to create a searchable database. Pull up documents whenever required during audit.

Accounts 52

Accounts Payment APIs and Integration Automation Multi-Currency 52

Nanonets

JUNE 15, 2023

A DMS is an intelligent automation software that automates every aspect of the document lifecycle with workflow automation, like creation, capture, data extraction, classification, verification, approvals, modification, database synchronization, storage, and security.

Automation 52

Automation Verification Process Security 52

Nanonets

DECEMBER 11, 2023

We shall discuss all this is detail in our blog. Content Interaction Scoring Description: Leads are scored based on the type and depth of content they interact with, such as blog articles, whitepapers, or videos. Workflow Example: A lead spends time reading advanced technical blogs and viewing tutorial videos.

CRM 52

CRM Automation AI Authorization 52

Nanonets

JANUARY 17, 2024

In this blog, we'll dive deep into the world of expense management and explore the following themes. Now, you might be thinking, "We've got this covered with our trusty spreadsheets and quarterly audits." Maintaining a thorough and easily accessible audit trail is essential for compliance and transparency.

Payment APIs and Integration 52

Payment APIs and Integration Compliance Automation Audit 52

Nanonets

MAY 22, 2024

In this blog, we will explore how to implement these changes effectively, with a particular focus on how procurement software can facilitate this transition. This can be done through detailed audits, process mapping, and feedback from procurement staff and stakeholders. Objectives Set clear, measurable transformation goals.

Process 52

Process P2P Automation Adjustments 52

Fintech Labs Insights

OCTOBER 14, 2016

The company’s suite of technologies includes Datomic , a distributed database solution that leverages both traditional database functionalities with new features that enable full auditability and the ability to model future scenarios. Founded in 2013, Cognitect specializes in enterprise software and data management.

Innovation 15

Innovation Database Audit Posting 15

Nanonets

FEBRUARY 28, 2024

Welcome to our latest blog post, where we embark on a deep dive into the intricacies of the General Ledger (GL) — the bedrock of any business's financial system. Ready for an Audit: If one is audited by the IRS (Internal Revenue Service), it will be simple to formulate the audit since your monetary records are all in one spot.

Automation 52

Automation Payment APIs and Integration Accounts Transactions 52

Nanonets

FEBRUARY 1, 2024

Our blog cuts through the complexity of AP processes, presenting a clear pathway to AP automation. You'll bid farewell to the days of sifting through emails, shared drives, vendor portals, and outdated databases. Read this blog which discusses how much money accounts payable automation saves businesses.

Automation 64

Automation Accounts Process Multi-Currency 64

Nanonets

DECEMBER 12, 2023

We will discuss lead prioritization in this blog, and see how sales teams can create and implement lead prioritization frameworks from scratch. Content Interaction Scoring Leads are scored based on their interaction with content like blogs, whitepapers, or videos. How it works - A lead reads detailed blogs and watches tutorial videos.

CRM 52

CRM Automation AI Authorization 52

PYMNTS

MAY 5, 2018

In the information era, investors have access to real-time insights from analysts, blogs and statistical services, not to mention on-the-fly updates from the companies themselves. Is it possible that investors on earnings calls aren’t really learning anything they don’t already know?

Shutdown 47

Shutdown Database Audit Research 47

Nanonets

DECEMBER 12, 2023

This blog delves into the nuances of the BANT framework, a renowned method for lead qualification. For example - Budget: Create a blog post or infographic that outlines the long-term cost savings and ROI of your product or service. Archiving - Quickbooks : The completed transaction is archived for future reference and audit trails.

Automation 52

Automation CRM Authorization AI 52

Nanonets

DECEMBER 15, 2023

For the purposes of this blog, we'll take up the BANT Framework and walk you through a simple implementation of sales lead qualification using BANT. Blog Dhanashree Pal FAINT FAINT Framework: All You Need to Check! Segmentation : Begin by segmenting these leads based on which BANT criteria they don't meet.

Automation 52

Automation AI CRM Authorization 52

Nanonets

FEBRUARY 19, 2024

In this blog, we will explore the essential task of filling out receipt books, a foundational element of financial record-keeping for both small and large businesses. Consistency not only makes it easier to reference and organize receipts but also streamlines the process for reviewing and auditing financial records.

Duplicate 52

Duplicate Automation Checks Transactions 52

Nanonets

DECEMBER 12, 2023

This blog delves into the nuances of the BANT framework, a renowned method for lead qualification. For example - Budget: Create a blog post or infographic that outlines the long-term cost savings and ROI of your product or service. Archiving - Quickbooks : The completed transaction is archived for future reference and audit trails.

Automation 52

Automation AI CRM Authorization 52

Nanonets

DECEMBER 17, 2023

Understanding this, our objective in this blog is to provide a comprehensive guide on leveraging WhatsApp for sending messages via it's API. Utilize natural language to effortlessly create and manage workflows that seamlessly integrate with all your documents, apps, and databases.

API 52

API Payment APIs and Integration Automation Authorization 52

Nanonets

JULY 12, 2024

This blog post will explore different scenarios and techniques for extracting data from forms using OCR and Deep Learning. It can flag potential drug interactions or alert staff to critical information, all while accurately populating the hospital's database. Generate audit trails automatically for regulatory compliance.

Process 52

Process Best Practices Automation AI 52

Nanonets

DECEMBER 18, 2023

Introduction In this blog, we will dive right into something massive that's reshaping the marketing world: WhatsApp. Nanonets Intelligent Automation, and Business Process AI Blog Karan Kalra Analytics and Optimization If you’re not measuring your WhatsApp marketing efforts, you’re shooting in the dark.

Automation 52

Automation Payment APIs and Integration AI API 52

CB Insights

NOVEMBER 9, 2017

In this review of failure, we’ve looked in our venture capital database to find the most well-funded startup companies that ultimately failed or had an undesirable exit, such as an asset sale or an acquisition for less than the total funding raised by the company. The 101 Biggest Product Failures Of All Time. Total disclosed funding: $100.8M.

Online and Mobile Banking 78

Online and Mobile Banking On-Demand Shutdown Push-to-Card 78

Nanonets

JANUARY 16, 2024

With the ability to connect various applications, databases, and documents, Nanonets enables the creation of unified workflows that seamlessly automate manual tasks across different platforms. You may read more about HR optimization on the following blogs: [link] , [link] , [link].

Automation 52

Automation Payment APIs and Integration Process CRM 52