The Fintech Times

AUGUST 24, 2024

For a long time, the retail and hospitality sectors have faced the ‘last mile’ data problem in cash credit card payment reconciliation. Some merchants struggled with balancing cash and credit card payments against their point-of-sale platform.

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PYMNTS

JULY 12, 2019

Order-to-cash solutions provider Billtrust has added Priority Commercial Payments to its Business Payments Network (BPN) to streamline B2B payments reconciliation, the companies said in a press release this week.

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Nanonets

MARCH 21, 2023

This is done by the establishment which created the original purchase order and started this whole workflow, using payment method of convenience. How to Start Automating the Purchase Order Workflow The complete purchase order workflow listed in above section can be automated.

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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?

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Nanonets

AUGUST 31, 2023

Contact center automation tools can enable your team to swiftly tackle mundane tasks that often consume their time. This is where contact center automation comes into play. By automating repetitive tasks, your team can concentrate more on problem-solving and enhancing customer experience. What is contact center automation?

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Nanonets

MAY 8, 2023

With intelligent automation , the reconciliation landscape is changing. Reconciliation software (a part of accounting automation software ) like Nanonets helps businesses take control of their spending, keep books up to date and enhance financial reporting with accurate data. Can you automate the reconciliation process?

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Nanonets

AUGUST 21, 2023

B2B payment automation involves everything from the automation of capturing and processing invoices to making payments to vendors and reconciling those payments in your books. B2B payment automation is a game-changer for businesses of all sizes. What is B2B payment automation?

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PYMNTS

FEBRUARY 11, 2020

The feature enables businesses to send multiple payment requests at the same time while also triggering automated reminders to streamline the process and save time. Interac eTransfer: Bulk Request Money offers payment reminders that can be facilitated using the payor’s email address or phone number.

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Nanonets

APRIL 30, 2023

Looking to automate payroll processes? Try Nanonets and automate employee onboarding, reimbursements, payment, and approvals with no-code workflow s. Looking to automate your manual payroll processes? Book a 20-min live demo to see how Nanonets can help your team implement end-to-end payroll automation.

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Fintech Finance

JUNE 7, 2024

Collecting large transactions using traditional payment methods such as cheques and wire transfers typically results in prolonged payment reconciliation periods, excessive administrative burdens, and significant risks due to human error. This automation minimizes manual intervention and reduces administrative workload.

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Fintech Finance

OCTOBER 15, 2024

By bringing together best-of-breed business travel and expense management services from Navan and corporate cards from Brex, BrexPay for Navan saves enterprises hours each month with automated receipts, accounting, and 100% payment reconciliation.

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Nanonets

OCTOBER 18, 2024

The future of AP automation promises to transform this traditional back-office function into a strategic asset that drives company-wide growth. AP automation: A landscape of opportunity Building on Accounts Payable 's evolving role, the AP automation market offers a wide range of solutions to meet this new strategic imperative.

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Nanonets

NOVEMBER 20, 2023

Get ready to revolutionize your approach to accounts payable and discover the keys to a razor-sharp, automated future. An invoice approval workflow is a structured process that organizations follow to review, verify, and authorize supplier invoices before making payments. How can Automation Help?

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Fintech Finance

SEPTEMBER 18, 2024

This funding will enable Slope to expand its order-to-cash automation platform for enterprise clients, enhancing its capabilities in AI-driven checkout, risk assessment, financing, and payment reconciliation. Morgan, bringing its total funding to $252m.

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The Fintech Times

SEPTEMBER 18, 2024

This can create roadblocks that ultimately lead to poor payment reconciliation. The intelligent automation of money movement and liquidity reconciliation can revolutionise the process. It gives enterprises the transparency they need with real-time cash forecasting.

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Fintech Finance

FEBRUARY 22, 2024

New research commissioned by AutoRek , a leading software provider to companies in the global financial services sector, has revealed the most current problems facing payments firms today, as well as their perceptions on regulation, compliance, and payments reconciliation.

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Fintech Finance

SEPTEMBER 18, 2024

Without consistent and reliable data tracking of spend, teams can encounter obstacles that impede efficient cash flow management and identification of areas for improvement, creating roadblocks that ultimately lead to poor payment reconciliation.

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PYMNTS

OCTOBER 17, 2017

Together, the companies will enable streamlined payment reconciliation, facilitated by automated virtual card (v-card) payments in a solution built for financial institutions and their corporate clients. In an announcement on Tuesday (Oct.

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Nanonets

MARCH 29, 2023

Payment Processing : Once payment has been authorized, the accounts payable department processes the payment. This typically involves printing a check or initiating an electronic payment. This can include vendor spend reports, payment history reports, and other financial analyses. Look no further!

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PYMNTS

DECEMBER 16, 2020

EnKash , a digital platform and payment solution provider, has entered into an alliance with Mastercard to expand the usage and acceptance of commercial cards in India and provide a B2B digital payment automation platform, according to a press release.

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Nanonets

APRIL 10, 2023

Secondly, converting PDF invoices to spreadsheets can help you automate a major part of the invoice data entry process. And last but not least, the majority of accounting automation software requires input files to be in Excel format. Nanonets is an all-in-one invoice management solution that automates invoice processing.

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Nanonets

APRIL 18, 2023

Automated Clearing House (ACH) payments have become increasingly popular among growing businesses, for their faster processing times, lower fees, and reduced risk of fraud. However, managing ACH payments can be a challenging task for AP teams, especially when dealing with multiple vendors and payment preferences.

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Nanonets

NOVEMBER 14, 2023

The worldwide AP automation market is forecasted to grow from US$2.6 ​​ This transformation is not just a trend; it's an indicator for businesses aiming to stay competitive, reduce costs, and enhance operational efficiency that the solution lies in AP automation and transformation. billion in 2021 to USD 7.5

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Fintech News

JANUARY 30, 2024

One of the key functions of AI in this domain is its ability to match incoming payments with outstanding invoices, thereby automating payment reconciliation and significantly reducing manual efforts. The research firm Adroit projects that the market for AR and AP automation will expand at a CAGR of 17.6%

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PYMNTS

JULY 8, 2020

Steve Robert , co-founder and CEO of Autobooks, said it would now be easy for SMBs to “enroll and receive online payments in minutes, saving hours each month through our automated payment reconciliation and accounting functionality,” according to the release.

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Fintech Finance

FEBRUARY 21, 2024

Industry experts have built Kani Payments to do the heavy lifting of making complex data simple and standardised, helping fintechs, banks, and payment companies achieve effortless reconciliation and reporting, in addition to meeting scheme and industry regulations.

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PYMNTS

JUNE 10, 2020

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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Nanonets

SEPTEMBER 29, 2023

This article will cover how vendor payments can be optimized, offering insights into the benefits and best practices, which can transform your organization's financial workflows. We will also look at how automation, particularly tools like Nanonets, can help your business optimize the vendor payment process.

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PYMNTS

MARCH 31, 2020

To make the complete payables process smarter, global payables automation company Tipalti unveiled its Tipalti Pi integrated payables intelligence engine, according to a press release. The solution identifies fraud and risk, bolsters decision making, automates manual work and eliminates accounts payable (AP) process errors.

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PYMNTS

MARCH 27, 2019

Accounts payable (AP) automation company Tipalti is expanding its reach into the market by partnering with three new B2B companies, which will extend Tipalti’s solutions to their own customers. The enhanced integration aims to strengthen control and communication for both ends of the transaction.

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Core

JUNE 29, 2023

Automation has emerged as a revolutionary approach to empower governments to reduce delays, speed up operations, and improve how processes are executed. A cutting-edge, automated platform can powerfully accelerate the time to value for citizens for a streamlined payment experience when accessing government services.

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Nanonets

FEBRUARY 8, 2024

Among finance professionals and business leaders, AP automation is quickly shifting from an exploratory endeavor to a key strategic priority. If it feels like there is a never-ending supply of these tools, finding the ones that are worth your time and money can be the most time-consuming part of the robotic process automation journey.

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PYMNTS

AUGUST 2, 2017

In a press release, the companies announced they have expanded a online payment solution to include automated reconciliation. According to the companies, the integration gives Xero’s more than 1 million subscribers greater choice of payment services, more cash flow control and enhanced efficiency through automation.

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Nanonets

SEPTEMBER 28, 2023

ACH Payments: Automated Clearing House or ACH is another popular option for B2B payments. Take advantage of the resources and instructions provided to ensure a smooth payment process. You can further setup automation methods for digital payments to simplify the process and boost your productivity.

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Nanonets

SEPTEMBER 28, 2023

ACH Payments: Automated Clearing House or ACH is another popular option for B2B payments. Take advantage of the resources and instructions provided to ensure a smooth payment process. You can further setup automation methods for digital payments to simplify the process and boost your productivity.

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Nanonets

JULY 14, 2024

Modern invoice management tools automate much of the process. This automation can significantly reduce processing time and errors. What is invoice management software An invoice management platform is designed to manage the invoicing process, including invoice creation, delivery, payment tracking, and reporting.

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Nanonets

MAY 7, 2023

During the electronic credit card reconciliation process, you use automated expense management tools or semi-automated software like Excel and a reconciliation template to match credit card statements with receipts and invoices electronically. This process is much faster and more accurate than manual reconciliation.

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