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4 Steps to Automate your Procurement Process

Nanonets

Automation has become a cheat code in recent years, with each business function improving efficiency and moving away from manual, repetitive roles to more strategic roles. Procurement automation today is indeed capable of automating and streamlining each step of your procurement workflow. What is Procurement Automation?

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The 9 Logistics Documents to Automate with IDP

Nanonets

IDP leverages cutting-edge technologies, such as artificial intelligence and machine learning, to automate the extraction, interpretation, and processing of information from diverse documents. Automation of Workflows: IDP integrates seamlessly with existing workflows, automating repetitive tasks and expediting document-centric processes.

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The complete guide to invoice reconciliation for your business

Nanonets

In this comprehensive guide, we’ll delve into invoice reconciliation, its importance to businesses, the step-by-step process to achieving it, and how automation can streamline it. In this context, we will also explore the benefits of leveraging Nanonets, a powerful automated solution, for seamless and efficient invoice reconciliation.

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P&L Management Guide for 2024: How to Gain Better Financial Management

EBizCharge

This could mean adjusting pricing strategies, cutting unnecessary costs, or boosting investment in profitable areas. Regular P&L reviews are crucial for maintaining a sustainable balance between revenue growth and cost management. Profit and loss management also informs strategic planning.

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How to Accept Online Payments for Free in 2024

Payment Savvy

ACH Transfers ACH (Automated Clearing House) transfers are cost-effective alternatives to credit card transactions, particularly favored in e-commerce for lower fees. Limited customer support for disputes. Each transaction incurs fees the card issuer sets, varying based on the card type and associated risks.

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Understanding No Fee Credit Card Processing: What Every Business Owner Should Know

EBizCharge

This transparent approach allows you to see the exact cost of each transaction, facilitating better cost management. Use ACH payments: Encourage customers to use direct bank transfers or Automated Clearing House (ACH) payments , which typically accrue lower fees than credit cards.

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Unlock Success: Master the Best Accounting Practices Today

Nanonets

Management Accounting: Management accounting , also known as managerial accounting, focuses on providing internal stakeholders, such as managers and executives, with information for decision-making and performance evaluation. It involves the analysis of financial data, cost management,  budgeting , and forecasting.