Nanonets

APRIL 15, 2024

Detects errors, omissions, and irregularities : By comparing each transaction in the bank statement with the corresponding entry in the company's records, bank reconciliation can catch discrepancies, errors, and omissions that may have occurred during the recording or transmission of financial data.

Reconciliation 52

Reconciliation Adjustments Correspondent Checks 52

Seon

SEPTEMBER 20, 2023

Let’s take a closer look at the benefits of the KYC onboarding process: Regulatory compliance: Carrying out KYC onboarding ensures organizations show the correct level of due diligence and comply with identity verification requirements, such as those mandated by AML compliance procedures.

Process 52

Process Due Diligence AML Verification 52

Segpay

APRIL 22, 2024

Even if intercepted, the token cannot be used for fraudulent transactions without the corresponding authentication mechanisms. The merchant receives the token and stores it in their database rather than storing Michael’s actual card number. Suppose a customer purchases a refrigerator from an online store.

Data Breach 52

Data Breach Risk Online and Mobile Banking PCI DSS 52

Nanonets

MARCH 30, 2023

Manual data entry involves the use of human operators to input data into a computer system or database, and this process can be time-consuming and error-prone. And we built the first consistent database of french agricultural land prices at local scale for 1950-today. thanks @nanonets.

Automation 52

Automation Process AI Research 52

Nanonets

FEBRUARY 28, 2024

GL Coding General Ledger Codes, or GL Codes, are unique alphanumeric strings that classify and record financial transactions within a company’s general ledger into corresponding GL account. Each GL account is associated with corresponding GL code. Regulatory Compliance : Features to ensure compliance with financial regulations.

Automation 52

Automation Payment APIs and Integration Accounts Transactions 52

Nanonets

JUNE 15, 2023

PO Verification : The AP clerk checked the PO number on the invoice, then manually searched for the corresponding PO in a filing cabinet or electronic system. Automatic PO Verification and Matching : The system automatically retrieves the corresponding PO based on the PO number extracted from the invoice. This completes your workflow.

Automation 52

Automation Payment APIs and Integration Audit Process 52

Nanonets

JULY 31, 2023

LangChain is an innovative technology that functions as a bridge -  linking large language models (LLMs) with practical applications like Python programming, PDFs, CSV files, or databases. We create a vector database using the chunks. We will save it the database for future use as well.

API 98

API Automation Database Returns 98