Clearly Payments

JANUARY 21, 2025

Challenges in Government Payment Processing Government agencies manage a diverse range of payment types, including tax payments, permit fees, licensing, utility bills, and fines. Fraud Reduction: Modern payment systems can lower fraud rates by up to 60% through advanced security measures like AI-based monitoring.

Government Payments 59

Government Payments Governance Government PCI DSS 59

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 119

Payments Trends Digital Currency Cross-Border Payments Distributed Ledger Technology (DLT) 119

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. Cross-border multi-currency transactions The future of AP automation will focus on simplifying complex, cross-border transactions.  

Payment APIs and Integration 52

Payment APIs and Integration Automation AI Multi-Currency 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. What is the Typical Cost of AP Software?

Automation 64

Automation Accounts Process Multi-Currency 64

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. Looking to automate your manual AP Processes? Another compelling driver of AP automation is the elimination of errors.

Accounts 52

Accounts Payment APIs and Integration Multi-Currency Automation 52

Nanonets

APRIL 16, 2023

Get Started Defining AP Automation Accounts payable automation is a set of tools that are used to streamline the AP process, remove manual input, and provide better insight into financial data. 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

Nanonets

AUGUST 21, 2023

You can easily connect it with your existing accounting systems, including QuickBooks and Sage, so it doesn't disrupt your current processes. Payment reconciliation Once the payments have been executed, the automation software will then reconcile them. With the median processing cost between $2.01

Automation 52

Automation B2B Payment APIs and Integration Payments 52