Nanonets

SEPTEMBER 25, 2024

Reconciliation This step involves matching the extracted data with the company’s internal records. For instance, if the bank statement shows a $1,000 deposit on a specific date, it matches the corresponding entry in the accounting records. Fully automate the reconciliation process , including import and data matching.

AI 52

AI Process Best Practices Reconciliation 52

Nanonets

APRIL 16, 2023

MS-Word documents), data entry files (e.g., MS-Excel files), structured XML documents from Electronic Data Interchange (EDI), PDFs and image files, and sometimes as hard copy documents. The unification of all these documents is time-consuming and error-prone when performed manually.

Automation 52

Automation AI Duplicate Accounts 52

Nanonets

APRIL 18, 2023

Structured – The data is in structured form and may be as Spreadsheets (e.g., doc), HTML XML Data PDF EDI (EDIFACT) and CSV. The capability of extracting data from multiple sources and formats of invoices The capability of converting the extracted data into multiple readable/editable formats for subsequent use.

Automation 52

Automation AI Data Security XML 52