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. What is Account Reconciliation?

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Reconciliation Accounts Adjustments Credit Cards 52

Nanonets

MAY 8, 2024

Introduction to Stripe Reconciliation Every digital purchase is a complex interplay of entities—Customers, Merchants, Acquirers, and Issuing Banks—that orchestrate the flow of funds.   What is Stripe Reconciliation?     How are transactions processed through Stripe?  Stripe

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Reconciliation Settlement Alternative Payment Methods Automation 52

Fintech Finance

SEPTEMBER 18, 2024

Checkout.com’s comprehensive global acquiring and processing capabilities, alongside their commitment to cost optimization, and enhancing payment performance, uniquely positions the business to address these challenges effectively. The partnership has already proved successful.

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B2B Reconciliation Payments Risk Assessment 98

EBizCharge

FEBRUARY 26, 2025

With PCI-compliant tokenization supported through integrated payment gateways, NetSuite ensures businesses maintain high-security standards while streamlining payment workflows. Optimize payment reconciliation and reporting Automating reconciliation in NetSuite enhances financial accuracy and efficiency by reducing manual intervention.

Credit Cards 52

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Fintech Finance

SEPTEMBER 18, 2024

Through this agreement, Capgemini will mobilize its team of experts on AutoRek’s reconciliation solution and guide AutoRek’s clients with day-to-day support of implementations. A report by Capgemini indicates half of payment executives handle their cash reconciliation process manually.

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Fintech Finance

APRIL 28, 2025

The integration eliminates the need for multiple payment service providers (PSPs) and supports faster payments and centralised financial management. This partnership addresses those challenges by unifying payment processing and business banking into a single, integrated solution designed for European SMEs and freelancers.

IBAN 75

IBAN Payments Direct Deposit Payment Reconciliation 75

PYMNTS

DECEMBER 15, 2020

On top of these industry-specific challenges, the legal cannabis space faces the traditional hurdles associated with B2B payments: friction in invoice processing and payment reconciliation, cash flow management challenges, and the disconnect between when buyers want to pay and sellers want to get paid.

Legal 111

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PYMNTS

FEBRUARY 11, 2020

We’ve digitized the manual reconciliation process and eliminated the need for expensive, paper-based [checks]. Interac eTransfer: Bulk Request Money offers payment reminders that can be facilitated using the payor’s email address or phone number.

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Automation Fraud Detection Reconciliation Payment Reconciliation 57

Fintech Finance

OCTOBER 28, 2024

Merchants can experience greater peace-of-mind by accepting card payments, with quick and guaranteed payment, eliminating concerns over collections. Merchants can achieve higher approval rates and deliver an enhanced cardholder experience by leveraging intelligent guidance to prevent addressable declined payments.

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Visa Credential Facilitators Ubiquitous 94

PYMNTS

MARCH 18, 2020

.” 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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PYMNTS

OCTOBER 17, 2017

Together, the companies will enable streamlined payment reconciliation, facilitated by automated virtual card (v-card) payments in a solution built for financial institutions and their corporate clients. In an announcement on Tuesday (Oct. Partnerships & New Initiatives, Visa Business Solutions.

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Nanonets

NOVEMBER 20, 2023

Exception Handling: Addressing and resolving any discrepancies or exceptions identified during the verification process. Constant Payment Status Inquiries: Suppliers may frequently inquire about the status of their payments in manual systems, contributing to increased communication and follow-up tasks for the accounts payable team.

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Payment Reconciliation Automation Reconciliation Verification 52

Core

OCTOBER 4, 2023

Key Challenges of an ERP Payment System Though implementing an ERP payment system brings numerous advantages, it also comes with a set of challenges an organization may need to address. Government organizations must stay current with these regulations and ensure their ERP payment system remains compliant.

Governance 52

Governance Government Payment Reconciliation Payments 52

PYMNTS

SEPTEMBER 21, 2018

Another company working to help protect companies from the potentially harmful effects of late and non-payments is invoice solutions provider POM. The company’s solution aims to address frictions in the payment process by directly targeting customers and connecting them with digital-friendly solutions.

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Cross-Border Cross-Border Payments Enrollments Non-Bank 46

The Fintech Times

JANUARY 11, 2024

This includes everything from initial planning and budgeting to the expenditure via cards and invoices, integrated payments, reconciliation, and gaining insightful analyses. Our initial goal was centred around addressing the corporate card and spend management challenge. What’s in store for the future?

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Finance Payment Reconciliation Automation Process 69

Fintech Finance

FEBRUARY 7, 2024

“Bringing the virtual payments solutions that our travel agencies value and need is a strategic focus area and always a top priority for us, and we are thrilled to see that this partnership is doing exactly that. The post Sabre and Revolut bring more benefits to travel agencies through virtual payments appeared first on Fintech Finance.

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Nanonets

SEPTEMBER 29, 2023

  Common Challenges in Tracking Payments One of the key areas that often presents difficulties is payment tracking, especially for startups or new businesses that may have several priorities to juggle at once. Data Discrepancies: You might encounter discrepancies between payment records, invoices, and receipts.

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Core

JUNE 29, 2023

The Problem Slow processes, inefficient data management, manual reconciliation, and paper-based delays pose numerous challenges to government organizations. For example, citizens in Grant County, UT, made property tax payments by check through the mail, which resulted in delays.

Government 52

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PYMNTS

JULY 16, 2020

. “By integrating the payments and eCommerce with the ERP, it’s going to allow businesses to effectively drive online revenues as well as improve payment processing and time of payment,” said George, adding that Aptean supports real-time invoice and payments reconciliation as a result of that ERP connectivity.

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B2B B2C Checks Payments Strategy 59

PYMNTS

FEBRUARY 5, 2020

In this week’s examination of the latest in commercial card innovation, PYMNTS uncovers how service providers are emphasizing how card technology can ease friction pre- and post-payment, from promoting employee spend compliance to streamlining supplier reconciliation. Pleo Makes a Commercial Card Shift. Leavitt explained.

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Fintech Finance

JANUARY 25, 2024

Virtual card technology has 30x lower fraud risk compared to traditional payment cards. Virtual cards provide a unique, traceable link between booking and associated payments to third-party suppliers.

Visa 52

Visa B2B Reconciliation Payments 52

PYMNTS

FEBRUARY 28, 2019

Late payments were a problem for all facets of the youth sports industry as recently as seven or eight years ago. Use of checks, cash and paper-based reconciliation was rampant. Payments were often manually reconciled using spreadsheets, and the process was rife with opportunities for mistakes, Alt said. Speedy Disbursements.

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Nanonets

OCTOBER 18, 2024

5 Tipalti Midmarket + Enterprise Global payments automation with tax compliance 4.5/5 5 BILL AP/AR SMB Easy-to-use AP automation for payments and vendor management 4.4/5 5 Melio SMB Flexible payment options with automated reconciliation 4.5/5

Payment APIs and Integration 52

Payment APIs and Integration Automation AI Multi-Currency 52

PYMNTS

FEBRUARY 8, 2018

According to Atradius, the most common cause of late payments on foreign invoices is due to “inefficiencies of the banking system,” cited by nearly 42 percent of respondents, followed by the complexity of payment procedures, cited by nearly 36 percent.

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B2B Cross-Border Payments Cross-Border Innovation 44

Nanonets

SEPTEMBER 22, 2023

Firstly, the vendor's contact information is vital for sending payment and resolving any billing inquiries. This includes the vendor's name, address, phone number, and email address. It allows for seamless integration with accounting systems, simplifying reconciliation and enhancing the accuracy of financial records.

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PYMNTS

JUNE 29, 2018

. “We want to offer our customers the widest solution, soup to nuts — that means creation of the remittance data, creation of the payment, reconciliation of the payment, treasury management services, the entire spectrum,” he noted, adding that virtual cards can address all of these needs for insurance firms.

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Faster Payments Same Day ACH ACH Remittance Data 40

Nanonets

DECEMBER 25, 2023

Efficient Reconciliation : Easily reconcile Stripe transactions in QuickBooks. Match payments and fees to bank statements, ensuring every dollar is accounted for without the painstaking manual matching process. Regularly review your records to catch and address these discrepancies early.

Finance 52

Finance Payment APIs and Integration Best Practices Automation 52

Nanonets

OCTOBER 18, 2024

5 Tipalti Midmarket + Enterprise Global payments automation with tax compliance 4.5/5 5 BILL AP/AR SMB Easy-to-use AP automation for payments and vendor management 4.4/5 5 Melio SMB Flexible payment options with automated reconciliation 4.5/5

Automation 52

Automation AI Multi-Currency Process 52

Nanonets

MARCH 21, 2023

They also help to establish a paper trail for tracking the progress of the purchase, including order status, delivery information, and payment details. The purchase order also includes the supplier's details, such as their name, address, and contact information.

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Nanonets

FEBRUARY 8, 2024

   Advantage 3: In-app Reconciliation & Verification  Get rid of your complex Excel macros and niche data analytics tools, and instead, use Nanonets to reconcile account balances, tie out final totals, and even set approval rules for certain transactions. This makes for an easy on-ramp for your teams and your vendors alike.  

Finance 52

Finance Automation Multi-Currency Accounts 52

PYMNTS

FEBRUARY 1, 2018

Some businesses are looking toward cards as a way to address some friction in the corporate spending process; half of financial decision makers surveyed said they believe a prepaid company card would be a good way to boost efficiency when employees make purchases with company cash.

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Payments B2B Small Business Process 43

Nanonets

FEBRUARY 21, 2024

Payment Processing : Approved invoices are scheduled for payment based on terms and cash flow considerations. It is important to maintain good relationships with vendors through timely payments. Reconciliation is crucial for maintaining accurate financial records and for the preparation of financial reports.

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Nanonets

NOVEMBER 15, 2023

Are there late payments? Do you find reconciliation difficult? For example, you may want to reduce invoice processing time by 50% or achieve 100% accuracy in payment reconciliation. Look for features that specifically address your needs. Are there frequent errors, and where do these occur most often? Reduce costs?

Accounts 52

Accounts Payment APIs and Integration Audit Automation 52

Nanonets

AUGUST 16, 2024

Addressing these challenges requires careful planning, investment, and a strategic approach to ensure that the benefits of automation are fully realized while minimizing potential drawbacks. offers a digital check platform that allows insurers to issue payments electronically and securely.  

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Automation Process Fraud Detection Payment APIs and Integration 52

EBizCharge

FEBRUARY 17, 2025

This automation can also accelerate transaction approvals and reconciliation, saving time and resources. These solutions automate the processing of ACH payments, reducing the manual effort required to handle bank transfers and ensuring seamless reconciliation within NetSuite.

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ACH Credit Cards Transactions Accounts 59

The Fintech Times

APRIL 30, 2025

Qonto says that the integration eliminates the need for multiple payment service providers (PSPs) and supports faster payments and centralised financial management. The feature boasts automated payment reconciliation, real-time payment tracking, multiple payment method support, and offers direct deposit into Qonto business accounts.

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Payments IBAN Direct Deposit Payment Reconciliation 45

EBizCharge

FEBRUARY 13, 2025

Automated invoice collections send timely reminders to customers, helping to minimize overdue payments and improve overall collection rates. Additionally, a robust payment processor should integrate seamlessly with accounting systems, enabling real-time payment reconciliation and reducing errors in financial reporting.

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Processors Payment Gateways Duplicate Disputes 52