Nanonets

MAY 8, 2023

Reconciliation is a mandatory process for businesses of all sizes. Reconciliation helps businesses gain insight into business spending and their categories in real-time. Account reconciliation takes a lot of time and effort. Also, the manual reconciliation method is error-prone. How do reconciliation manually?

Reconciliation 52

Reconciliation Automation Process Adjustments 52

Stax

JULY 9, 2024

We can hail a ride from a mobile app, and our transactions for all sorts of goods and services can be easily paid for from our phones. Physical wallets are phasing out, left behind in favor of digital wallets and other digital payment options. Learn More What Exactly Constitutes a Digital Payment?

Digital Payments 163

Digital Payments Online and Mobile Banking Contactless Payments Payments 163

Fintech Finance

FEBRUARY 22, 2024

New research commissioned by AutoRek , a leading software provider to companies in the global financial services sector, has revealed the most current problems facing payments firms today, as well as their perceptions on regulation, compliance, and payments reconciliation.

Reconciliation 52

Reconciliation Payment Reconciliation Compliance Payments 52

The Fintech Times

SEPTEMBER 18, 2024

This will address the increasing market need for real-time cash management and transaction reconciliation. Streamlined and efficient reconciliation process A report by Capgemini indicates half of payment executives handle their cash reconciliation process manually.

Reconciliation 59

Reconciliation Payment Reconciliation Consulting Cash Management 59

Fintech Finance

SEPTEMBER 18, 2024

Through combined industry expertise, Capgemini will enrich its portfolio with a new go-to-market proposition alongside AutoRek to address the increasing market need for real-time cash management and transaction reconciliation. A report by Capgemini indicates half of payment executives handle their cash reconciliation process manually.

Reconciliation 52

Reconciliation Payment Reconciliation Cash Management Agreements 52

Fintech News

JANUARY 30, 2024

The Asian payment landscape is evolving rapidly in 2024, driven by advancements in technology, changing regulatory frameworks, and shifting consumer behaviours. This evolution presents a fascinating panorama of trends that are set to redefine the way financial transactions are conducted. billion transactions since 2016.

Payments Trends 115

Payments Trends Digital Currency Cross-Border Payments Instant Payments 115

Fintech Finance

FEBRUARY 21, 2024

Kani Payments , the disruptive global data reconciliation and reporting platform, today announces a strategic partnership with issuer processing and core banking platform Pismo. Pismo works with the largest card networks around the globe. It enables them to achieve compliance with industry and regulatory requirements.

Reconciliation 52

Reconciliation Issuers Payments Compliance 52

Nanonets

OCTOBER 18, 2024

In the new era of Accounts Payable— every invoice processed should be a step towards long-term success. These tools go beyond simple digitization, offering comprehensive platforms that automate invoice processing , streamline approvals, and optimize payment workflows.

Automation 52

Automation AI Multi-Currency Cross-Border 52

PYMNTS

DECEMBER 15, 2020

While the general expectation is that federal legalization is on the horizon, it will take some time for electronic payment rails to open up to legal cannabis businesses, meaning cash is likely to persevere as the dominant transaction method for the short- to medium-term. Challenges 'On Steroids'.

Legal 111

Legal B2B Underwriting Payment Reconciliation 111

PYMNTS

JULY 22, 2020

Among the value propositions for real-time processing is to improve liquidity while reducing transactional overhead. Yet for many entities, the concept of implementing real-time processing across an entire system can feel overwhelming complex. “That’s where the true complexity is.” Exploring Value.

Real Time Payments 90

Real Time Payments FedNow Payments Faster Payments 90

Nanonets

APRIL 18, 2023

Automated Clearing House (ACH) payments have become increasingly popular among growing businesses, for their faster processing times, lower fees, and reduced risk of fraud. However, managing ACH payments can be a challenging task for AP teams, especially when dealing with multiple vendors and payment preferences.

ACH 52

ACH ACH Network Payments Best Practices 52

PYMNTS

JULY 8, 2020

Before Autobooks, First Bank would recommend quality accounting software to clients, but clients often found it cumbersome to download transactions and work with financial information, according to the release. Jon Moen , director of Product at First Bank, said the bank is still committed to working with smaller firms.

B2B 64

B2B Payment Reconciliation Enrollments Small Business 64

PYMNTS

FEBRUARY 11, 2020

The feature enables businesses to send multiple payment requests at the same time while also triggering automated reminders to streamline the process and save time. We’ve digitized the manual reconciliation process and eliminated the need for expensive, paper-based [checks].

Automation 57

Automation Reconciliation Fraud Detection Payment Reconciliation 57

PYMNTS

MARCH 31, 2020

To make the complete payables process smarter, global payables automation company Tipalti unveiled its Tipalti Pi integrated payables intelligence engine, according to a press release. The solution identifies fraud and risk, bolsters decision making, automates manual work and eliminates accounts payable (AP) process errors.

Accounts 53

Accounts AI Duplicate Payment Reconciliation 53

Nanonets

DECEMBER 25, 2023

A Guide to Stripe QuickBooks Integration The integration of payment processing and accounting systems is not just a convenience but a necessity for efficiency and accuracy in financial processes. Stripe is a leading online payment processing tool used by millions of businesses worldwide.

Finance 52

Finance Payment APIs and Integration Best Practices Automation 52

Nanonets

SEPTEMBER 28, 2023

So whether you're just getting started with b2b payments or you're looking to improve your current process, this guide will give you the information you need to make the best possible decisions for your business. What  are B2B Payments? Wire transfers: It's one of the most common B2B payment methods.

B2B 52

B2B Wire Transfer ACH Wire 52

Nanonets

SEPTEMBER 28, 2023

So whether you're just getting started with b2b payments or you're looking to improve your current process, this guide will give you the information you need to make the best possible decisions for your business. What  are B2B Payments? Wire transfers: It's one of the most common B2B payment methods.

B2B 52

B2B Wire Transfer ACH Wire 52

Nanonets

MAY 7, 2023

After the pandemic, business credit card payments showed a strong positive trend, with a market evaluation of $14.1 With the rising company transactions comes the credit card reconciliation or reconciliation process. It ensures that credit card transactions match your bank statement transactions.

Reconciliation 52

Reconciliation Credit Cards Automation Accounts 52

Nanonets

NOVEMBER 14, 2023

Accounts Payable (AP) processes are an important function for every business, overseeing the outgoing payments to suppliers and vendors. Traditionally tackled through manual processes, digital transformation is now at the forefront of AP, with technologies like AI and ML revolutionizing how businesses manage their finances. 

Accounts 52

Accounts Automation Compliance Fraud Prevention 52

Nanonets

JUNE 17, 2023

Account reconciliation is a critical process in accounting, which ensures that financial records are accurate and consistent. This article will provide an in-depth understanding of account reconciliation, its benefits, and how businesses can leverage technology to automate the process. How to Reconcile Accounts?

Reconciliation 52

Reconciliation Accounts Adjustments Credit Cards 52

PYMNTS

MARCH 2, 2020

It strives to advance ticket sales while offering a seamless check-in process. It reduces manual processes while increasing payment reconciliation timelines. . It enables real-time transactions across local businesses, travel spots, live shows and more.

Payment Reconciliation 52

Payment Reconciliation Reconciliation On-Demand Checks 52

Nanonets

FEBRUARY 1, 2024

In the rapidly evolving business landscape, the efficiency of Accounts Payable (AP) processes is no longer just a back-office concern but a strategic imperative. Accounts Payable (AP) automation is the use of technology to streamline and improve the process of managing a company's bills and payments owed to others.

Automation 64

Automation Accounts Process Multi-Currency 64

PYMNTS

OCTOBER 1, 2020

The recent work-from-home environment further proved the importance of having integrated, cloud-based billing, invoicing and electronic payment acceptance – especially as remote transactions have become daily necessities. billion and growing, due to shifts to the cloud and away from paper and manual processes.

Embedded Payments 56

Embedded Payments B2B Payments Legal 56

PYMNTS

JUNE 10, 2020

The new partnership will combine “global open banking initiatives, Samsung SDS’ Nexledger Universal platform and Credorax’s industry expertise” in order to provide automatic payment reconciliation, remittances and invoices for B2B payments.

Blockchain 53

Blockchain Payment APIs and Integration Reconciliation Cross-Border 53

Nanonets

FEBRUARY 8, 2024

By streamlining the accounts payable cycle with Artificial Intelligence and automation-centric tools, AP teams can reap the benefits of airtight data accuracy, seamless invoice processing , and downstream collaboration with other teams or business processes. What features do they offer? What is Tipalti?

Finance 52

Finance Automation Multi-Currency Accounts 52

Nanonets

AUGUST 21, 2023

B2B payment automation involves everything from the automation of capturing and processing invoices to making payments to vendors and reconciling those payments in your books. What if you could reduce these costs by 80% and increase the speed of processing invoices by up to 10 times? What is B2B payment automation?

Automation 52

Automation B2B Payment APIs and Integration Payments 52

Nanonets

APRIL 16, 2023

Source: esker The introduction of intelligent automation into the accounts payable process minimizes the risk of manual intervention, accelerates operations, and helps maintain compliance. The technology is a specific SaaS that helps to manage large volumes of invoices and transactions between a business and its vendors.

Automation 52

Automation AI Accounts Reconciliation 52

PYMNTS

JANUARY 30, 2020

These 16-digit credit card numbers are created for one-time purchases at set amounts, and the convenience, security and speed they provide are allowing them to take hold in the B2B payments space. Transaction credentials on virtual cards are randomly generated with tokenization, unlike prepaid or physical plastic cards.

B2B 71

B2B Credit Cards Payments Settlement 71

Nanonets

SEPTEMBER 29, 2023

But bottom-performing organizations take a week or more, and this metric—the cycle time between receiving invoices and making payments—is reflective of how efficient a company’s Accounts Payable (AP) process is. Streamlining vendor payments is thus an important part of any business’ financial operations.

Payments 52

Payments Reconciliation Automation ACH 52

PYMNTS

AUGUST 2, 2017

The Stripe reconciliation functionality means when a Stripe payout comes in through a customer’s bank feed, Xero will do the matching work. All the transactions in Xero are tied to the Stripe statement line and will be automatically matched against it so business users can reconcile them with just one click, the companies added.

Reconciliation 40

Reconciliation Small Business Automation Payment Reconciliation 40

Fintech Finance

JANUARY 25, 2024

Today, Mastercard announced it is strengthening its ongoing partnership with Booking.com , the world’s leading digital travel platform, to streamline B2B payment processes in the travel and tourism industry. said Mark Barnett, President Mastercard Europe.

Visa 52

Visa B2B Reconciliation Payments 52

PYMNTS

JULY 16, 2020

Force-fitting a B2C-based eCommerce platform for a B2B sales context can mean a lack of payments features corporates need, like the ability to facilitate check transactions and establish custom payment terms. We’re used to that digital transaction, paying online, and having our orders be shipped. ”

B2B 59

B2B B2C Checks Payment Reconciliation 59

Nanonets

SEPTEMBER 22, 2023

Managing your  vendor invoices  effectively is crucial for efficient  payment processing  and  budget management. To ensure smooth processing, it is essential to understand the  key details  that should be looked for on an invoice.

Reconciliation 40

Reconciliation Automation Disputes Process 40

PYMNTS

MARCH 27, 2019

“By streamlining supplier onboarding, tax compliance, invoice processing, global payments and payment reconciliation, Tipalti helps modern finance organizations strategically scale more rapidly and efficiently.”

B2B 46

B2B Reconciliation Payment Reconciliation PayPal 46

Core

JUNE 29, 2023

Automation has emerged as a revolutionary approach to empower governments to reduce delays, speed up operations, and improve how processes are executed. A cutting-edge, automated platform can powerfully accelerate the time to value for citizens for a streamlined payment experience when accessing government services.

Governance 52

Governance Government Automation Reconciliation 52

PYMNTS

JANUARY 29, 2020

Offering solutions that promote workflow automation from sourcing through to payment, reconciliation and accounting is not usually part of an FI’s product roadmap. P2P transactional processing is not part of a bank’s DNA,” said Cichy. Unlocking Data to Unlock Value. Banks are rocks,” said Cichy.

P2P 52

P2P Lockbox Payment Reconciliation Value Added Service 52

Nanonets

MARCH 21, 2023

It is a legal agreement between the buyer and the seller, outlining the details of the transaction and setting the terms of the purchase.   Payment Processing : Once invoice matching is successful without any flags, payment based on the terms set in the purchase order / invoice (whichever is less) is to be made to the vendor or supplier.

Automation 52

Automation Process Payment Gateways Addressing 52