Remove Authentication Remove Payment Reconciliation Remove User Authentication
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Credorax, Samsung To Introduce Blockchain-Based Open Banking

PYMNTS

The new partnership will combine “global open banking initiatives, Samsung SDS’ Nexledger Universal platform and Credorax’s industry expertise” in order to provide automatic payment reconciliation, remittances and invoices for B2B payments.

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Paperless accounts payable: An implementation guide

Nanonets

For example, you may want to reduce invoice processing time by 50% or achieve 100% accuracy in payment reconciliation. Your paperless AP system should have robust data security measures like encryption, secure data storage, and user authentication. Increase transparency? Reduce costs? Set clear, measurable objectives.

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What is Accounts Payable (AP) Automation?

Nanonets

Payments: Difficulty in managing multiple payment terms, schedules and currencies while ensuring timely payments. Reconciliation: Labor-intensive process of matching bank transactions with ledger entries. In today's digital age, security isn't just a feature; it's a necessity.