Innovative Payments Association

JULY 8, 2024

These violations can include failing to provide consumers with required disclosures, improperly handling error resolution requests, and engaging in deceptive or unfair practices related to electronic fund transfers. Disclosures should include information about fees, error resolution procedures, and consumer rights under Regulation E.

Reg E 52

Reg E CFPB Error Resolution Boot Camp 52

Nanonets

JUNE 18, 2024

Automated Accounts Reconciliation software like Nanonets can cohesively consolidate all data sources on one platform, automate the matching logic across external data sources and general ledgers, effectively provide an audit trail, and keep the process transparent for the accounting team personnel involved.

Reconciliation 52

Reconciliation Accounts Automation Credit Cards 52

Nanonets

MAY 8, 2024

Standardize Operations : The design of standardized procedures for reconciliation fosters uniformity and precision. Thorough Documentation : Complete records of the reconciliation process provide comprehensive insights and facilitate audits. It helps to document these protocols and ensure adherence across the organizational spectrum.

Reconciliation 52

Reconciliation Settlement Alternative Payment Methods Automation 52

Nanonets

OCTOBER 1, 2024

Company Policies: Guide internal procedures for invoice processing Now, let’s put them all together to understand the validation process: 1. The invoice is then filed for future reference or audits, completing the validation process. This leads to an overpayment, which is only discovered during the next audit cycle.

Best Practices 52

Best Practices Automation Multi-Currency Process 52