Nanonets

SEPTEMBER 21, 2023

In addition to aiding in financial transactions, invoices are an integral part of  accounting internal controls  and  audits. Invoices play a crucial role in maintaining accurate accounting records, internal controls, and facilitating  audits.

Audit 40

Audit Legal Accounts Transactions 40

Nanonets

FEBRUARY 28, 2024

GL Coding General Ledger Codes, or GL Codes, are unique alphanumeric strings that classify and record financial transactions within a company’s general ledger into corresponding GL account. Each GL account is associated with corresponding GL code. 💡 Consider a small café that buys a new espresso machine for $1,000.

Automation 52

Automation Payment APIs and Integration Accounts Transactions 52

Nanonets

MARCH 21, 2023

The vendor management personnel create and manage the supplier database and correlate it with various procurement operations. Keeping track of master vendor data, assigning voucher numbers, and maintaining vendor correspondences. The Accounts Payable manager coordinates with the team for error-free and seamless invoice management.

Accounts 52

Accounts Automation Process Correspondent 52

Nanonets

MARCH 4, 2024

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. Compliance Cruise Control:  Continuous, automated audits make life easier. Expense Incurrence:  Same old expenses, but here's where the magic happens.

AI 52

AI Payment APIs and Integration Fraud Detection Automation 52

Nanonets

APRIL 30, 2023

This regulation requires that expenses be recorded in the same period as corresponding revenue. Automate information extraction and sync databases Add proper rules to comply with your policies. Find a solution to automate data extraction from employee documents and sync the HRMS database in real time.

Payroll 52

Payroll Automation Accounts Reconciliation 52

Nanonets

DECEMBER 11, 2023

Utilize natural language to effortlessly create and manage workflows that seamlessly integrate with all your documents, apps, and databases. The lead score is updated manually in the corresponding Hubspot CRM record. Archiving - Quickbooks : The completed transaction is archived for future reference and audit trails.

CRM 52

CRM Automation AI Authorization 52

Nanonets

SEPTEMBER 12, 2023

Enhanced compliance and audit readiness 💭 "We would spend 2-3 hours on the actual payment and maintenance."~ Happy Jewelers was dealing with a significant amount of time spent on ensuring compliance and audit readiness. "~ The AP Team at Happy Jewelers. Set up rules for each stage of review.

Automation 52

Automation Process Audit Compliance 52

Nanonets

JUNE 24, 2024

Credit card reconciliation is essential as it helps businesses prevent fraud, maintain financial integrity, optimize spending, and keep the company's books audit-friendly during the financial close process , typically occurring at the end of each month. How to do Credit Card Reconciliation?

Reconciliation 52

Reconciliation Credit Cards Correspondent Automation 52

Nanonets

JUNE 18, 2024

Each balance should match its corresponding entry in the general ledger for any source. Keeping track of the right documentation during the audit process can help reduce the time and effort required for auditors to verify financial statements. Effective resolution of errors is still time-consuming and outdated.

Reconciliation 52

Reconciliation Accounts Automation Credit Cards 52

Nanonets

NOVEMBER 14, 2023

This involves scanning or document imaging, wherein essential data is collected, categorized, processed, and placed into databases. Data Extraction : Metadata within the document is identified and extracted automatically, contributing to a more detailed and organized database. invoices, orders, receipts).

Automation 52

Automation Facilitators Compliance Audit 52

Nanonets

JANUARY 17, 2024

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. They connect your apps and ensure real-time data sync between your applications and databases.

Payment APIs and Integration 52

Payment APIs and Integration Compliance Automation Audit 52

Nanonets

MAY 10, 2023

A 3 way match is an internal control process that cross-references a supplier's invoice against its corresponding purchase order (PO) and good received note (GRN). Be audit-ready: 3 way matching neccesitates a proper system of storing and organising legitimate business documents. Why automate three way matching?

Accounts 52

Accounts Automation Duplicate Process 52

Nanonets

JULY 12, 2024

It can flag potential drug interactions or alert staff to critical information, all while accurately populating the hospital's database. Within seconds, all the relevant data—names, addresses, financial details, medical information—is extracted, organized into a structured format, and populated into your database.

Process 52

Process Automation Best Practices AI 52

Nanonets

AUGUST 8, 2024

Semantic annotation: Linking words or phrases to their corresponding meanings or concepts. Annotation tools must offer enterprise-grade security features, including encryption, access controls, and audit trails. Intent annotation: Determining the purpose or goal behind a user's message or query.

AI 52

AI Automation Process Best Practices 52

Nanonets

DECEMBER 15, 2023

The lead score is updated manually in the corresponding Hubspot CRM record. You can utilize natural language to effortlessly create and manage workflows that seamlessly integrate with all your documents, apps, and databases in order to read data and perform actions within them.

Automation 52

Automation AI CRM Authorization 52

Nanonets

DECEMBER 12, 2023

The lead score is updated manually in the corresponding Hubspot CRM record. Utilize natural language to effortlessly create and manage workflows that seamlessly integrate with all your documents, apps, and databases. Archiving - Quickbooks : The completed transaction is archived for future reference and audit trails.

Automation 52

Automation CRM Authorization AI 52

Nanonets

DECEMBER 12, 2023

The lead score is updated manually in the corresponding Hubspot CRM record. Utilize natural language to effortlessly create and manage workflows that seamlessly integrate with all your documents, apps, and databases. Archiving - Quickbooks : The completed transaction is archived for future reference and audit trails.

Automation 52

Automation AI CRM Authorization 52

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. This allows users to create and run workflows using simple, conversational language, making the automation process more intuitive and accessible.

Automation 52

Automation Payment APIs and Integration Process CRM 52