Fintech News

JANUARY 30, 2024

AI-powered processes have streamlined labour-intensive tasks, minimised errors, and sped up transactions. One of the key functions of AI in this domain is its ability to match incoming payments with outstanding invoices, thereby automating payment reconciliation and significantly reducing manual efforts.

Payments Trends 120

Payments Trends Digital Currency Cross-Border Payments Distributed Ledger Technology (DLT) 120

Core

OCTOBER 4, 2023

With multiple payment options available, citizens can choose the best method for them, leading to improved cash flow. Minimized Fees and Costs ERP payment systems help organizations minimize transaction fees and processing costs for both sides of the transaction.

Governance 52

Governance Government Payment Reconciliation Payment Gateways 52

Nanonets

MARCH 20, 2023

  The use of accounts payable software results in a 73% faster processing time. According to Goldman Sachs , the use of accounts payable automation software also results in 33% reduction in processing costs. Looking to automate your manual AP Processes?

Accounts 52

Accounts Payment APIs and Integration Multi-Currency Automation 52

Nanonets

APRIL 16, 2023

Get Started Approval Process The best AP automation software runs an efficient approval process from approval prediction to multi-tier approval management. This helps a business take advantage of the early payment cycle and cuts processing costs. All payment remittance advice is rolled up into one clear report.

Automation 52

Automation AI Accounts Reconciliation 52

Nanonets

FEBRUARY 1, 2024

Approval: Cumbersome approval process with challenges in providing context to approvers, tracking invoice status and ensuring timely authorizations. Payments: Difficulty in managing multiple payment terms, schedules and currencies while ensuring timely payments.

Automation 64

Automation Accounts Process Multi-Currency 64

Nanonets

OCTOBER 18, 2024

Many businesses rely on multiple systems for OCR data capture, invoice processing, approvals, and payment reconciliation, which makes the process lengthy, expensive, and highly inefficient. More such platforms are expected to become popular for AP workflows with changing business needs and compliance requirements.

Automation 52

Automation Payment APIs and Integration AI Multi-Currency 52

Nanonets

FEBRUARY 26, 2024

Approval: Cumbersome approval process with challenges in providing context to approvers, tracking invoice status and ensuring timely authorizations. Payments: Difficulty in managing multiple payment terms, schedules and currencies while ensuring timely payments. What is Accounts Payable Automation?

Automation 52

Automation Accounts Payment APIs and Integration Process 52