Fintech Finance

NOVEMBER 19, 2024

From unauthorised transactions to duplicate charges or service issues, cardholder disputes can swiftly become time- and cost-intensive for back-office teams, especially during peak periods like Black Friday and Cyber Monday, when transaction volumes spike.

Disputes 96

Disputes Consumer Protection Duplicate Transactions 96

Nanonets

MAY 10, 2023

Intelligent workflow automation can save time, boost production, and cut expenses. This article will show how workflow management solutions can automate routine procedures, minimize repetitive jobs and operator mistakes, detect bottlenecks, and simplify communication across all departments. What is workflow automation?

Automation 98

Automation Rules Procedures Process 98

FICO

MARCH 14, 2023

Many health plans around the world have automated their management of health insurance claims to a large degree. In this post, I will touch on the current state of health insurance claims automation and common pressures for innovation in claims operations.

Automation 98

Automation Rules Process Innovation 98

Stax

MARCH 27, 2025

Thats why 92% of consumers and 82% of companies reportedly made the switch to electronic payments, like Electronic Funds Transfers (EFT) and Automated Clearing House (ACH). Automated Clearing House (ACH) is one type of EFT that processes payments in batches through the ACH Network. Checks can bounce, and cash can get lost.

ACH 88

ACH Electronic Funds Transfer (EFT) Wire Transfer Wire 88

Fintech Finance

JANUARY 29, 2025

Integrated payment hub for advanced processing and workflow automation with ISO 20022 translation, duplicate detection, transaction monitoring and fraud prevention. Subscription-based pricing tailored to contract duration and usage, providing financial institutions with cost predictability and scalability.

SWIFT 59

SWIFT ISO 20022 Payment APIs and Integration Disaster Recovery 59

Nanonets

JULY 14, 2023

Want to automate invoice processing ? This store can save a lot of time by automating the process of invoice management. To reduce costs The same retail stores' franchise saves a lot of money by automating invoice digitization using PDF OCR and deep learning. This same volume of paper is also going to require 2.5

Automation 98

Automation Process Payment APIs and Integration Database 98

PYMNTS

OCTOBER 31, 2016

While the financial terms were undisclosed, that deal seeks to expand the former firm’s reach into the automated accounts payable space. With the automation of some of the invoice processing and flow, said Clark, the key is to “minimize exceptions.” Against that backdrop, stated Clark, his firm will aim to be a consolidator.

Automation 69

Automation Duplicate Credit Cards B2B 69

Finovate

MARCH 31, 2025

The controls will leverage automation to help reduce manual reconciliation activity and enhance compliance with procurement requirements. B2B payments and invoicing network TreviPay has introduced new B2B purchase controls. Headquartered in Overland Park, Kansas, TreviPay made its Finovate debut at FinovateFall 2022 in New York.

B2B 59

B2B Reconciliation Online and Mobile Banking Small Business 59

The Finance Weekly

OCTOBER 4, 2021

Adopting an automated spend management solution can help you cut unnecessary spending and utilize your resources optimally. Identify duplicate or fraudulent invoices. Accurate and Quality Data Managing your expenses digitally increases data accuracy and reduces fraud as digital spend management leaves no room for human error.

Duplicate 130

Duplicate Automation Product Continuity 130

Nanonets

MARCH 15, 2024

In this article, we dive into what actual AI automation looks like (and why it isn’t as straightforward). Artificial intelligence is now being applied across professional domains that are ripe for automation - areas of work such as software, law, accounting, consulting, finance and so on. The good news?

Automation 59

Automation AI Accounts Duplicate 59

PYMNTS

AUGUST 14, 2020

This month’s Deep Dive examines how the pandemic is changing AP practices and encouraging corporate buyers to adopt cloud-based systems and artificial intelligence (AI)-powered AP automations. One key solution is invoice processing automation, which works to extract information from paper or PDF supplier invoices.

Process 106

Process Duplicate Automation AI 106

PYMNTS

FEBRUARY 27, 2020

In the latest Next-Gen AP Automation Tracker , a PYMNTS and Bottomline Technologies collaboration, we provide an informative deep dive into how ERP and accounts payable (AP) automation are combined to form a superior invoice-to-payment-to-reconciliation process solution with a significant financial upside for all. Leveraging APIs.

Automation 56

Automation Payment APIs and Integration API Duplicate 56

Nanonets

APRIL 3, 2024

Enter virtual bookkeeping – a paradigm-shifting approach that harnesses the power of digital tools and automation to revolutionize traditional bookkeeping practices. Advanced automation features in modern accounting software streamline data entry processes, minimizing manual effort and errors.

Automation 74

Automation Payment APIs and Integration Reconciliation Financial Analysis 74

Nanonets

SEPTEMBER 1, 2023

AI is wonderful for automating manual work, but automating business processes is not just as straightforward as a 1-line prompt. However, true automation looks different. Artificial intelligence is now being applied across professional domains ripe for automation - work areas such as software, law, accounting, consulting, etc.

Automation 52

Automation AI Accounts Duplicate 52

PYMNTS

DECEMBER 18, 2020

The firms were especially interested in deploying automated and advanced learning technologies. percent were considering or currently spending on AP and AR automation. Sixty-nine percent of respondents in Q3 had partially automated those operations, whereas just 49 percent had done so in Q1,” according to the new Digital Shift Report.

Automation 64

Automation Process AI Payments 64

Nanonets

MAY 20, 2024

Automating data workflows isn't a new concept, but recent advancements in intelligent automation solutions have made it possible to streamline even the most complex processes. You can now automate data extraction, integration, and analysis, enabling your team to focus on high-value activities and deliver meaningful results faster.

Automation 59

Automation Payment APIs and Integration CRM AI 59

Nanonets

FEBRUARY 1, 2024

Accounts Payable (AP) automation is the use of technology to streamline and improve the process of managing a company's bills and payments owed to others. Instead of manually handling invoices, checking them, and making payments, AP automation uses software to do these tasks more quickly, accurately, and with less human effort.

Automation 64

Automation Accounts Process Multi-Currency 64

FloQast

JUNE 12, 2024

By leveraging FloQast’s automation and connected platform, Curis was able to streamline their Close process, strengthen their compliance program, and achieve substantial cost savings. Streamlined workflows through automation and centralized documentation. This is where FloQast stepped in.

Compliance 105

Compliance Close Processes Audit Duplicate 105

Payment Savvy

MAY 12, 2023

Payment automation solutions have transformed the way businesses handle their accounts payable departments. With the increasing need for cost savings, efficient payment processing, and secure financial data management, payment automation has become an essential tool for modern businesses. What Are Payment Automation Solutions?

Automation 52

Automation ACH Payments Duplicate 52

Nanonets

JUNE 7, 2023

While Chat-GPT may be able to pass the CPA exam and generate incredible walls of text, true AI automation looks different (and isn’t as straightforward as a 1-line prompt). However, this usually leads many to the conclusion that AI-based automation is not for them - it seems cumbersome, time-consuming and expensive to implement.

Automation 52

Automation AI Accounts Duplicate 52

The Finance Weekly

NOVEMBER 13, 2024

Billing Mistakes Errors such as wrong amounts, duplicate invoices, or missed invoices are more likely with manual invoicing. When choosing accounts receivable automation software, businesses should seek options that minimize manual work in handling overdue invoices, late payments, and debts.

Accounts 130

Accounts Duplicate CRM Automation 130

PYMNTS

JULY 28, 2019

Supermarket giant Kroger and online grocery retailer Ocado are joining forces to build the second of 20 planned automated warehouse facilities. Its model is being duplicated in Groveland and will continue in cities across the U.S., Kroger’s first CFC is being constructed in Monroe, OH. the release said.

Automation 51

Automation Duplicate Mobile Payments On-Demand 51

Nanonets

MARCH 30, 2023

Enter payment automation - a solution that has gained popularity in recent times due to the pandemic and the new competitive landscape. By automating the payment process, businesses and individuals can save time and minimize the risk of errors. What is Payment Automation? How does payment automation work?

Automation 52

Automation Transactions Wire Transfer ACH 52

Nanonets

JULY 14, 2024

Modern invoice management tools automate much of the process. This automation can significantly reduce processing time and errors. By automating manual tasks, invoice management systems save time, reduce errors, and improve cash flow. Automate manual data entry processes using a workflow management system.

Automation 52

Automation Process Multi-Currency Online and Mobile Banking 52

Nanonets

MAY 31, 2023

Switching from a manual to an automated AP process can help in making payments on time and to the correct vendors.     With accounts payable workflow automation , a company can avoid late payments, fraudulent payments and clear up delays in processing which can impact bottom lines.

Automation 52

Automation Accounts Audit Process 52

Nanonets

JUNE 25, 2024

Companies without automation spend $6.30 per invoice , while automated counterparts pay just $1.45. That's right— automation could save you nearly 77% per invoice! This guide will walk you through the process of invoice coding, how to automate it, and the best practices. But it's beyond just cost.

Automation 52

Automation Payment APIs and Integration Rules Process 52

Nanonets

APRIL 16, 2023

Errors at the start of the invoice processing workflow can snowball into serious outcomes such as over-payment, incorrect payments, invoice duplication, etc. 23% of businesses had suppliers who refused to work with them again due to Accounts Payable inefficiencies Looking to automate your manual AP Processes?

Automation 52

Automation AI Duplicate Accounts 52

The Finance Weekly

FEBRUARY 11, 2024

Billing Mistakes Errors such as wrong amounts, duplicate invoices, or missed invoices are more likely with manual invoicing. When choosing accounts receivable automation software, businesses should seek options that minimize manual work in handling overdue invoices, late payments, and debts.

Accounts 130

Accounts Duplicate CRM Automation 130

Nanonets

APRIL 16, 2023

Source: esker The introduction of intelligent automation into the accounts payable process minimizes the risk of manual intervention, accelerates operations, and helps maintain compliance. So, what exactly is AP automation ? Looking for an AI based AP Automation solution? How Does AP Automation Work?

Automation 52

Automation AI Accounts Reconciliation 52

Nanonets

APRIL 10, 2024

Automation in accounts payable refers to using software to digitize, streamline, and optimize the end-to-end process of managing payables. In this blog, we will discuss Sage Intacct , specifically for finance teams, and how Account Payable Automation (APA) is the next step to improving the process.

Automation 52

Automation Accounts Audit AI 52

Nanonets

APRIL 2, 2023

You are not only causing waste of working hours for the employees but also the business to do more mistakes, duplication, and loss of productivity. It is time you also think about making your expense management automated so that it will help your business set free from the worries of manual expense requests and approvals.

Automation 52

Automation Audit Compromise Process 52

PYMNTS

FEBRUARY 26, 2020

Many are turning to enterprise resource planning (ERP) tools with accounts payable (AP) automation to harness both solutions’ abilities and level up their businesses’ values. Bringing AP automation to ERP offerings enhances working capital management, reduces operational costs and improves productivity. ERP and AP Automation Uptake.

Payment APIs and Integration 83

Payment APIs and Integration Automation Duplicate API 83

FloQast

JANUARY 22, 2024

Companies that automate their financial statement preparation processes often benefit from improved accuracy, near real-time data, and increased efficiency. Fact: Companies that automate part of their financial statement preparation process reduce time-to-Close by 33% or more. What Financial Reporting Functions Can You Automate?

Automation 52

Automation Reconciliation Audit Accounts 52

Nanonets

DECEMBER 6, 2023

However, the advent of HR process automation has revolutionized the way HR professionals operate. By harnessing the power of technology and intelligent software, HR process automation streamlines workflows, reduces errors, enhances data accuracy, and ultimately improves the overall employee experience. What is HR Automation?

Automation 52

Automation Process Payroll Compliance 52

EBizCharge

MAY 14, 2024

Automated billing transforms how businesses handle their finances, offering a seamless and error-free approach to invoicing and payments. With its foundations in digital efficiency, automated billing could be the financial game-changer your company needs. What is automated billing? How does automated billing work?

Automation 52

Automation Payment APIs and Integration Best Practices Online and Mobile Banking 52

Nanonets

AUGUST 8, 2023

Source: TechTarget But with the increasing complexity and volume of business processes, the need for automation in BPO has become more apparent. This is where BPO automation software comes into play. What are BPO automation software? Customer service: Bots can be used for contact center automation.

Automation 52

Automation Payroll Bots Payment APIs and Integration 52

PYMNTS

NOVEMBER 11, 2020

The Playbook also calls out “three-way invoice matching — in which staff must compare invoices to purchase orders and goods received notes,” and the frustrations that brings, but automation can reduce these stresses by matching these invoices automatically. A recent survey found that 74.2 Give that a 63 percent of U.K.

Automation 87

Automation Void Treasury Duplicate 87