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What is Compliance Management?

FloQast

Plus, it captures audit evidence at the source, eliminating duplicate audit activities and complexity. In 2022, the Securities and Exchange Commission (SEC) levied $1.1 billion in penalties on 16 Wall Street firms for record-keeping compliance failures. You can get a demo and see how to stay audit-ready, reduce risk, and save time.

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Maximizing Efficiency in Financial Statement Preparation with Automation

FloQast

For bank reconciliations, the accounting software will automatically match the corresponding entries (between the bank and the cash ledger), remove duplicate transactions, and identify outstanding transactions. Intercompany activity can be automatically reconciled with differences reported in an exception report.

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Paperless accounts payable: An implementation guide

Nanonets

Additionally, the invoices must be matched with the corresponding purchase orders and goods receipts to avoid duplicate invoices, fraud, and errors. Moreover, integrations with your ERP or accounting software ensure that all financial data is synchronized and up-to-date, reducing the risk of inaccuracies and duplication.

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What Data Masking is and Why Mask Data

Basis Theory

trillion in 2025, and the increasing number of data privacy regulations, like CCPA and the GDPR, businesses need to use confidential information intelligently. Static Data Masking ( SDM ): SDM duplicates your data with your data masking rules and algorithms applied to the new data set. Lets take a closer look at the two.