Nanonets

JUNE 5, 2023

If so, then Robotic Process Automation (RPA) might be the solution you've been seeking. RPA is cutting-edge technology that enables businesses to automate repetitive processes. So buckle up as we take you on an exciting journey into the world of Robotic Process Automation. What is Robotic Process Automation (RPA)?

Automation 85

Automation Process Bots Use Case 85

Nanonets

JUNE 5, 2023

If so, you'll need to know all about procurement automation—a powerful tool that can help you manage the purchasing process efficiently. In this article, we'll demystify the process of procurement automation and discuss the many challenges (and benefits), emerging trends, and best practices associated with it.

Automation 98

Automation Best Practices Process AI 98

Nanonets

APRIL 20, 2023

These advancements make it easy to access accurate healthcare information, provide real-time care when required and empower patients by using digital tools on every step of care journey. Healthcare automation platform - Nanonets Try Nanonets for Free What are the benefits of healthcare digitization? Start your free trial today.

Automation 96

Automation Process Use Case Regulations 96

The Fintech Times

DECEMBER 12, 2024

With the pilot open banking solution, customers will be able to authorise payments directly from their bank accounts to businesses on a recurring basis using the Ordo variable recurring payments (VRP) offering. Furthermore, the expansion of VRPs is expected to reach full-scale implementation in the UK in 2025.

Facilitators 73

Facilitators Payments AI Blockchain 73

PYMNTS

JANUARY 26, 2021

And while the concept initially set its sights on elevating the consumer banking experience, the data integration drive continues to expand into new use cases, including business banking, that open up opportunity through bank-FinTech collaboration and data integration. where there is no open banking regulatory mandate.

ISO 20022 142

ISO 20022 ISOs Payment APIs and Integration Message Standards 142

Nanonets

APRIL 15, 2024

What is a Bank Reconciliation Statement Bank reconciliation is the process that ensures that a company's recorded cash balances align with the funds in their bank accounts. In effect, the reconciliation statement is a document that presents the comparison between the internal financial records of a company (e.g.

Reconciliation 52

Reconciliation Adjustments Checks Correspondent 52

PYMNTS

OCTOBER 29, 2020

Swanback talked with PYMNTS about how the use of automation and a cloud-based infrastructure can help financial institutions (FIs) deliver an Uber-like experience for B2B payments. Automating fraud detection, meanwhile, can help provide a seamless yet secure B2B payments experience. Automating things like reconciliations.[and]

Automation 85

Automation B2B Payments Fraud Detection 85

Fintech News

JANUARY 30, 2024

The integration focuses on simplifying accounting workflows, enhancing back-office reconciliation, and improving the efficiency of finance departments in sectors like manufacturing, distribution, wholesale, and construction. Nuvei aims to continue exploring collaborative opportunities with Microsoft across various geographies and use cases.

Reconciliation 111

Reconciliation Near Real-Time Payments Real Time Payments 111

PYMNTS

DECEMBER 16, 2020

From digitizing and automating workflows, to embracing new avenues to connect professionals to wages, to considering alternative models beyond the bi-weekly pay period, payroll is in the midst of an evolution. Nor, he told PYMNTS, will SMB lending be the only use case that emerges from unlocking payroll data.

Payroll 116

Payroll Underwriting Use Case API 116

Fintech Finance

MAY 1, 2024

From the research conducted, Weavr found that AP professionals are eager for new features to be built into the current software options, including automated reconciliation, executing bulk payments, and pre-filled payment details for recurring payees.

Research 59

Research Embedded Finance Automation Accounts 59

The Fintech Times

FEBRUARY 26, 2025

The technology will help automate data entry, reconciliation and financial reporting, freeing up time for strategic priorities. “Across the tech industry, we need to approach AI as a means for helping our end users to automate in ways that make them more efficient, so theyre empowered to do more interesting and impactful work.

AI 78

AI FinTech Financial Literacy End User 78

Nanonets

JUNE 5, 2023

If so, then Robotic Process Automation (RPA) might be the solution you've been seeking. RPA is cutting-edge technology that enables enterprises to automate repetitive processes. So buckle up as we take you on an exciting journey into the world of Robotic Process Automation. What is Robotic Process Automation (RPA)?

Automation 52

Automation Process Bots Use Case 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. Classify all your invoices into different categories using a document classifier.

Automation 52

Automation Process Multi-Currency Online and Mobile Banking 52

Nanonets

AUGUST 16, 2024

But insurance claim automation is paving the way for faster, more accurate, and more customer-friendly experiences. This article explores the impact of automation on the claims landscape, whether you're an insurer looking to streamline operations or a policyholder seeking quicker resolutions. What is claims process automation?

Automation 52

Automation Process Fraud Detection Payment APIs and Integration 52

Nanonets

MAY 8, 2023

Automate general ledger entries, GL coding, invoice management , and more. Book a personalized live demo to see how you can save time, effort, and costs while automating your bookkeeping processes. Bank statement reconciliation After the end of the month, you will receive a bank statement from your bank.

Automation 52

Automation Accounts Reconciliation Audit 52

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.

Automation 52

Automation Process Payment Gateways Addressing 52

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.

Payroll 52

Payroll Automation Accounts Reconciliation 52

PYMNTS

APRIL 17, 2020

Small businesses and corporate end-users have emerged as powerful drivers of exploring new use-cases for open banking and PSD2 regulations. Increasingly, accounting platforms are exploring how looping into business clients’ bank data can streamline data collection, reconciliation and analytics.

Innovation 83

Innovation Payment APIs and Integration Use Case Reconciliation 83

Nanonets

AUGUST 31, 2023

Contact center automation tools can enable your team to swiftly tackle mundane tasks that often consume their time. KPIs like Average Time in Queue, First Contact Resolution (FRC), and Customer Satisfaction (CSAT) are used to determine their success. This is where contact center automation comes into play.

Automation 52

Automation CRM Compliance Process 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

Nanonets

APRIL 1, 2024

Luckily, AP automation solutions like Nanonets and Tipalti can help. Nanonets vs. Tipalti at a glance On the surface, Nanonets and Tipalti may seem like similar AP automation solutions. Automated workflows 4.5 4 Integrations 5 4 Ease of use 5 3.5 They can be a headache for your team and a bottleneck for your business.

Automation 52

Automation Multi-Currency Fraud Detection Compliance 52

Nanonets

APRIL 5, 2024

Tipalti and Airbase are powerful AP automation platforms that can seriously streamline financial processes. From their strengths and weaknesses to their ideal use cases, we've got you covered. Automated workflows 4.5 4 Ease of use 4.5 Automated workflows 4.5 4 Ease of use 4.5 4 Integrations 4.5

Automation 52

Automation Multi-Currency Compliance Process 52

Nanonets

MAY 31, 2023

Automated invoice processing is the process of seamlessly extracting data from invoices entering your system and pushing it into your ERP so that processing a payment can be done in just a few clicks. In this blog we talk about what an ideal automated invoice processing system looks like and what are the pros and cons of such a system.

Automation 52

Automation Process Payment APIs and Integration Rules 52

Nanonets

JUNE 15, 2023

Accounting automation has become a game-changer in the financial world. Accounting automation can help streamline operations, reduce errors, and save time and resources. In a survey, 58% of accountants said automated accounting led to increased efficiency. What is  Accounting Automation?

Automation 52

Automation Accounts Payroll Process 52

PYMNTS

NOVEMBER 3, 2020

Bloomberg customers will now be able to use the news site's terminal to look at Credit Benchmark 's credit risk data, which comes from risk views of the world's largest financial institutions, according to a press release. Clients will also be able to use the data for an enterprise use case, the release stated.

Credit Risk 88

Credit Risk B2B Risk ISO 20022 88

PYMNTS

DECEMBER 22, 2020

The digital currency in trial is supported by distributed ledger technology (DLT), and the two-part experiments also aim to examine the use cases of a DLT-enabled currency. Any bank can participate in the digital currency initiative, Ledger Insights reported.

Distributed Ledger Technology (DLT) 69

Distributed Ledger Technology (DLT) CBDC Digital Currency Bitcoin 69

PYMNTS

NOVEMBER 8, 2017

“But they also can be used in the healthcare industry and often in supply chain settings as well, so there [are] lots of interesting stories and use cases there.”. For financial services firms, the benefits of using blockchain and distributed ledger technologies were fairly apparent, Behlendorf said.

Blockchain 86

Blockchain API Use Case B2B 86

Fintech Finance

DECEMBER 12, 2024

VRPs are not entirely new, but their application in the UK will be newly allowed for certain use cases, such as recurring bills or subscription payments. Open banking-powered solutions offer a lower cost-per-transaction to process than cards and automate account reconciliations to reduce administration costs.

Payments 98

Payments AI Blockchain Authorization 98

PYMNTS

JULY 10, 2019

Traditional accounts payable suffers multiple points of friction often rooted in that data is stored on paper or stuck in emails, is rarely integrated across multiple back-office systems, and is not easily digitized and analyzed for reconciliation and cash management purposes. Open Banking. Bank-FinTech Collaboration.

B2B 62

B2B Payment APIs and Integration Faster Payments Reconciliation 62

PYMNTS

MARCH 6, 2019

Blockchain is increasingly garnering headlines and attention for its use cases beyond cryptocurrencies. One area where elimination of such processes can be of benefit is treasury management — specifically, reconciliation of transactions and liquidity management.

Treasury Management 75

Treasury Management Treasury Blockchain Distributed Ledger Technology (DLT) 75

PYMNTS

JUNE 17, 2020

Once booked, the trip can be paid for via the Expensify Card, with transaction details automatically captured for reconciliation and reporting. The integration also supports automated reconciliation and cash flow management, the companies noted in a press release. Amadeus B2B Wallet Expands Functionality.

Commercial Card 67

Commercial Card Returns Debit Card Reconciliation 67

Finovate

AUGUST 15, 2024

APIMatic APIMatic’s developer experience platform adds a layer of technology between fintech APIs and developers to make integrations faster through automation and AI. Features Automates the creation of SDKs Includes dynamic use case guides Delivers AI-generated integration code Who’s it for?

Deepfake 59

Deepfake Credit Union Payment APIs and Integration AI 59

Nanonets

MARCH 22, 2024

Tipalti is a market leader in AP automation. This guide will evaluate the top Tipalti competitors to help you find your ideal AP automation partner. We break down each alternative’s features, strengths, ideal use cases, and pricing so you can make an informed decision that meets your current and future requirements.

Automation 40

Automation Payment APIs and Integration Multi-Currency Compliance 40

PYMNTS

OCTOBER 2, 2019

The Use Case – and B2B. Kohli said person-to-person (P2P) use cases are among the first to gain ground. especially, bill payments are proving to be valued by consumers and B2C transactions, as the gig economy and insurance disbursements are a strong use case for Citi’s clients. In the U.S., In the U.S.,

Instant Payments 63

Instant Payments Interoperability Cash Management Cross-Border 63

PYMNTS

NOVEMBER 4, 2016

But this use case can easily be applied to other industries, too. ” He cited other use cases, like letters of credit, that demand accurate and timely exchanges of data, a part of B2B trade that could see similarly positive disruption by blockchain. . ”

Treasury Management 79

Treasury Management Treasury Innovation Blockchain 79

Nanonets

MAY 30, 2023

The emergence of technology-enabled transactions has led to an entirely new field of operation – FinTech – the use of technology to enhance or automate financial services and processes. Looking to automate the mundane & mechanical Payment Reconciliation process? What is an electronic payment?

Payment APIs and Integration 52

Payment APIs and Integration Credit Cards Payment Reconciliation Online and Mobile Banking 52

Nanonets

OCTOBER 18, 2024

The future of accounts payable lies in AP automation , which can turn this traditional back-office function into a key driver of 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.

Payment APIs and Integration 52

Payment APIs and Integration Automation AI Multi-Currency 52