Correspondent Duplicate Error Resolution 
Nanonets
JUNE 18, 2024
Each balance should match its corresponding entry in the general ledger for any source. It helps detect and correct errors, ensuring reliable financial statements and compliance with regulations. This would mean greater resource requirements and an increase in the probability of human manual errors.
Nanonets
MARCH 30, 2023
Greater levels of accuracy Automating payment processing enhances accuracy by validating invoice data against ERP or accounting systems, eliminating manual processes and paper handoffs that cause errors, and flagging duplicate invoices. Some technology providers guarantee accuracy.
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