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What ‘Work From Home’ Means For Paper-Based AR Departments

PYMNTS

.” While COVID-19 may jumpstart some conversations about organizations’ abilities to adopt electronic payments and cloud-based financial processes, digitization is not the silver bullet to process inefficiencies, whether it’s during a pandemic or not. Lockbox Data Headaches.

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Citi Expands Reach Of AR Solution Payer ID

PYMNTS

6) that Payer ID is now available in 44 countries, as Citi brings the B2B payments tool across North America and Western Europe. The accounts receivable solution enables companies to gain visibility into incoming payments for greater working capital management, Citi explained.

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How to Automate Insurance Claims Processing

Nanonets

  Automated payment processing : Once a claim is approved, the automated tool calculates the settlement amount based on the applicable policy and triggers the payment process. Digital payments: The claim processing platform is integrated with digital payment tools such as direct bank transfers or mobile payment systems.