Nanonets

JANUARY 10, 2024

Remember the time when a single misplaced receipt could derail the entire expense reporting process in a company? We’ll take you through the knotty challenges of traditional expense approval processes and unfold how embracing efficiency can be a game-changer for your financial management. Well, those days are long gone.

Automation 52

Automation Process Compliance Reconciliation 52

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

Nanonets

FEBRUARY 21, 2024

Error-Prone Transactions : The human factor introduces a margin for error in data entry, leading to discrepancies that can cascade through financial reporting. Error-Prone Transactions : The human factor introduces a margin for error in data entry, leading to discrepancies that can cascade through financial reporting. in real time.

Automation 52

Automation Process Rules Accounts 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 58

Reconciliation Payment Reconciliation Consulting Cash Management 58

Core

OCTOBER 4, 2023

With the ever-growing shift toward digital transactions, the need for governments to implement more extensive front- and back-end system integration is clear. The presence of outdated legacy and manual, error-prone payment processing systems only underscores this reality. What Is an ERP Payment System?

Government 52

Government Governance Payment Reconciliation Payment Gateways 52

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 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

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 Distributed Ledger Technology (DLT) 115

Nanonets

MAY 30, 2023

 The World Bank reports that two-thirds of adults worldwide make or receive a digital payment today, with the share in developing economies growing from 35% in 2014 to 57% in 2021.  B2B and B2C transactions are moving rapidly into the ePayment domains.  The average cost of cash payment is 30 cents.  While

Payment APIs and Integration 52

Payment APIs and Integration Credit Cards Payment Reconciliation Online and Mobile Banking 52

Fintech Finance

OCTOBER 28, 2024

Mastercard has launched Bill Qkr to help merchants, acquirers, payment facilitators (PayFacs) and service providers (PSPs) grow into new markets and unlock new opportunities. The solution solves for a range of common pain-points: Tokenization can allow cards to be securely stored on a merchant’s site for recurring payments.

Visa 85

Visa Credential Facilitators Payment Reconciliation 85

Nanonets

MAY 8, 2024

A Payment Service Provider (PSP) acts as an intermediary between merchants and the financial institutions involved in processing online transactions. Stripe is a PSP that offers a suite of services to streamline payment processing and enhance the online shopping experience.  

Reconciliation 52

Reconciliation Settlement Alternative Payment Methods Automation 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

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. Many companies face similar challenges.

Payment APIs and Integration 52

Payment APIs and Integration Automation AI Multi-Currency 52

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

Fintech Finance

FEBRUARY 7, 2024

Sabre Corporation (NASDAQ: SABR), a leading software and technology provider that powers the global travel industry, and Revolut , a global fintech company that offers banking services, announce today the successful results of their partnership, which is propelling the B2B payments process for travel agencies.

Payment APIs and Integration 52

Payment APIs and Integration Embedded Finance Payments Cross-Border 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

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

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 Wires 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 Wires 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

APRIL 22, 2024

Business owners increasingly leverage single-source platforms like QuickBooks for various financial and business processes, including basic accounting, time tracking, payroll, and more.  Using the invoicing feature to receive payment in QuickBooks is simple and well-suited for basic needs.

Payment APIs and Integration 52

Payment APIs and Integration Payments Credit Cards Reconciliation 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

MARCH 20, 2023

Automated accounts payable software can efficiently manage large volumes of financial transactions between a company and its suppliers, while also automating ancillary activities such as approvals and payments. According to Insider , manual accounts payable processes can take 30 to 90 days. billion by 2030.

Accounts 52

Accounts Payment APIs and Integration Multi-Currency Automation 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

JULY 14, 2024

IInvoice management software is transforming financial processes for businesses in 2024. Many businesses face challenges with invoice processing —from data entry errors to delayed payments. Modern invoice management tools automate much of the process. These issues can impact cash flow and overall efficiency.

Automation 52

Automation Process Multi-Currency Online and Mobile Banking 52

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

FEBRUARY 26, 2024

Finance teams are well aware of the tedious and error-prone nature of manual accounts payable processes. This could also lead to late payments or in some cases potential  vendor fraud. Today, you can automate these processes using accounts payable automation solutions and optimise accounts payable for your finance teams.

Automation 52

Automation Accounts Payment APIs and Integration Process 52

Nanonets

MAY 8, 2023

Leveling up your skills, managing customer and vendor relationships, and – perhaps most critically – keeping exact records of your transactions.   Bookkeeping is the process of keeping financial records for your business. Your bookkeeping system records each transaction amount in two different places.

Automation 52

Automation Accounts Reconciliation Audit 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