Nanonets

MAY 23, 2025

This transparency helps you make informed decisions about accepting or adjusting its recommendations. While Intuit Assist streamlines many financial workflows, complex enterprise requirements often demand additional capabilities. Businesses using QuickBooks ' AI-powered features get paid five days faster.

Automation 52

Automation AI Duplicate Process 52

Nanonets

DECEMBER 13, 2023

Audit Trail and Transparency: AI Insurance Claims Processing systems maintain detailed audit trails of all activities within the claims processing workflow. This transparency is essential for regulatory audits, allowing authorities to review the entire process and verify that each step adheres to compliance requirements.

AI 102

AI Process Fraud Detection Compliance 102

PYMNTS

FEBRUARY 6, 2019

What this means is companies looking to hire accountants and finance professionals are reflecting an increased demand for technology-friendly talent. Changing Demand. That demand for human talent, by the way, hasn’t decreased. That demand for human talent, by the way, hasn’t decreased.

Accounts 74

Accounts Finance On-Demand Automation 74

Stax

FEBRUARY 5, 2024

Common in transportation and logistics, fuel surcharges adjust for fluctuations in fuel prices. Businesses apply this during high-demand periods, such as rush hour or holiday seasons. It helps them meet the increased demand with proportional resource allocation, preventing strain on operational capabilities. Let’s dive in.

Credit Cards 88

Credit Cards Legal On-Demand Regulatory Compliance 88

Neopay

NOVEMBER 25, 2024

Annual safeguarding audits conducted by an external auditor, with findings submitted to the FCA. Firms must prepare to: Upgrade systems and processes : Enhanced record-keeping and reconciliation will require operational adjustments. Firms will need to ensure they are audit-ready throughout the year.

Consumer Protection 52

Consumer Protection Consumer Audit Compliance 52

PYMNTS

DECEMBER 11, 2019

These organizations can’t typically pay the large ransoms that corporations do, but they tend to acquiesce to demands more easily. . In addition, once a city has been attacked, the whole infrastructure is compromised and requires an incident investigation and a thorough audit.

Ransomware 52

Ransomware Cybersecurity Phishing Audit 52

The Payments Association

MAY 16, 2025

Next steps/action required: Commission a digital accessibility audit of all consumer-facing platforms and payment interfaces. Merchants may be affected directly, through obligations arising from new legislation, or indirectly, through revised requirements placed on their acquirers, platforms, and payment providers.

Regulations 88

Regulations ISO 20022 Cross-Border Legal 88

Nanonets

FEBRUARY 9, 2024

It also applies to accounting firms, audit agencies, and any third party that a publicly traded company uses in its accounting management process. The act requires companies to develop, publish, audit, and actively use their ICFR.   Ultimately, remember that ICFR is more than compliance.

Audit 52

Audit Risk Assessment Assessments Procedures 52

Nanonets

APRIL 24, 2024

Correct or adjust accounting records accordingly. Adjustment Recording :  Adjustments in the accounting system are made to reconcile accounts, such as accounting for bank fees, interest earned, or rectifying errors. Audit Trails : Comprehensive audit trails to track changes and maintain a transparent reconciliation process.

Payment Reconciliation 52

Payment Reconciliation Reconciliation Payments Adjustments 52

FloQast

FEBRUARY 21, 2024

And, although smaller public companies may not always be mandated to conduct an integrated audit, they are still required to present their auditors with a framework of their controls. Companies must be prepared for an integrated audit as they grow and expand. Manual adjustments lead to higher error rates and version control issues.

Compliance 52

Compliance Audit Risk Accounts 52

Fintech News

JANUARY 21, 2025

It also automates portfolio management, adjusting investments based on market trends and user preferences, all while removing emotional biases from decision-making. The rise of green fintech is driven by regulatory pressures and increasing consumer demand for eco-friendly financial solutions.

Stablecoins 109

Stablecoins FinTech Embedded Finance Financial Inclusion 109

CB Insights

FEBRUARY 16, 2021

And stablecoin demand is surging: In late 2020, the total value of stablecoin assets broke through $20B, showing just under 300% growth year-to-date. Read our What Is Blockchain explainer for more.). But the value of most cryptocurrencies, especially bitcoin, fluctuates on a daily basis. Get the full report. First name.

Stablecoins 101

Stablecoins Multi-Currency Cryptocurrency Bitcoin 101

Trade Credit & Liquidity Management

APRIL 30, 2025

Flexible Cost Structure: Companies that can adjust costs in response to demand, such as by using temporary labor or scaling back overhead, are better positioned to maintain profitability during downturns. The key is to assess whether strong periods will generate enough cash to sustain the company through downturns.

Adjustments 52

Adjustments Cost Structure Assessments Shutdown 52

PYMNTS

SEPTEMBER 29, 2017

When it comes to corporate treasury, business clients demand robust solutions and services from their banks, and FinTech players are stepping in to help. But the banks themselves also have complex demands for their own treasury departments, which, like other corporations, must be able to manage finances, risk and compliance.

Treasury 56

Treasury Addressing Treasury Management FinTech 56

Nanonets

JUNE 18, 2024

Automated Accounts Reconciliation software like Nanonets can cohesively consolidate all data sources on one platform, automate the matching logic across external data sources and general ledgers, effectively provide an audit trail, and keep the process transparent for the accounting team personnel involved.

Reconciliation 52

Reconciliation Accounts Automation Credit Cards 52

Nanonets

APRIL 3, 2024

Compliance and Audit Readiness: Vendor reconciliation plays a crucial role in ensuring compliance with regulatory requirements and audit standards. Making Adjustments and Corrections: All adjustments required to rectify errors or discrepancies in the accounts payable system must be recorded.

Reconciliation 52

Reconciliation Process Accounts Duplicate 52

PYMNTS

JANUARY 9, 2019

Separate reports from The Wall Street Journal ( WSJ ), published last April, also demonstrated the changing nature of corporate finance: While the Big Four accounting firms’ advisory and consulting revenue jumped by a combined 44 percent since 2012, revenue from straightforward auditing for the firms rose just 3 percent in that time.

Small Business 71

Small Business Bots Accounts AI 71

FICO

MAY 5, 2017

Especially important with respect to platform agility is the ability to adjust quickly and easily to compliance and regulatory changes. Auditing and monitoring of all user activity. To learn more about managing the TCO of a new collections platform, view our on-demand webinar. Flexibility. Encryption and masking for all data.

Encryption 53

Encryption Security Audit Risk 53

The Fintech Times

MAY 16, 2024

According to a new report by the National Audit Office (NAO), the number of telephone calls received by HM Revenue & Customs (HMRC) from customers was down from previous years. However, it is not clear how far and fast digital will reduce demand for telephone and correspondence services. Sam Richardson, deputy editor of Which?

Correspondent 59

Correspondent Small Business Audit Assessments 59

PYMNTS

NOVEMBER 28, 2019

Samsung Electronics also made headlines for its supply chain adjustments amid ongoing trade disputes between Japan and South Korea , also expected to cause long-term changes to supply chains throughout Asia. Further, adjusting supply chains throughout Asia are far from a quick fix. We believe this will help mitigate the impact on U.S.

Disputes 49

Disputes Cross-Border On-Demand Adjustments 49

FloQast

JUNE 24, 2024

Companies have high demands for your department, rely on you to handle all financial matters, and expect you to keep the business compliant. Monitoring and Optimization : Once implemented, continually monitoring and adjusting is crucial. Internal accountants are under a lot of pressure. Are you providing them?

Accounts 52

Accounts Procedures Reconciliation Automation 52

Stax

MARCH 14, 2024

Next, you should audit your overhead costs to make sure you aren’t overspending anywhere. One thing to consider is dynamic pricing, which means adjusting prices based on factors like demand, time of day, or even the customer’s location. TL;DR There are a variety of ways to maximize your profitability. Learn More 1.

CRM 68

CRM Credit Cards On-Demand Product 68

FloQast

MAY 1, 2024

To that end, 82% of respondents cited the importance of ‘real-time unified and integrated master data’ during the close – up from 76% in 2022, 82% of respondents cited a requirement for automated reconciliation – up from 75% in 2022, and 80% cited the demand for a ‘fully-documented electronic audit trail’ – up from 75% in 2022.

Reconciliation 52

Reconciliation Automation Accounts Research 52

Nanonets

SEPTEMBER 12, 2023

The growing business demanded a more flexible solution than manual invoice processing. Throw in manual invoice processing and siloed data and systems, and you've got a recipe for inefficiency and frustration.   In sharp contrast, automated invoice processing could reduce the cost to $1.42 " ~ AP Team at Happy Jewelers.

Automation 52

Automation Process Audit Compliance 52

Nanonets

AUGUST 31, 2023

A recent study by Replicant and Demand Metric left no room for doubt. Scaling your operations to meet this growing demand can be costly and complex. Contact center automation tools can enable your team to swiftly tackle mundane tasks that often consume their time. Contact centers are customer-focused operations.

Automation 52

Automation CRM Compliance Process 52

Stax

JULY 25, 2024

Automates stock audits, forecasts low-stock items, and deducts sold items from inventory. It should help your business save time by automating stock audits, forecasting products running low in your inventory, and deducting sold items from your inventory. Employee Management Monitors and manages worker productivity.

Small Business 88

Small Business PCI DSS CRM Online and Mobile Banking 88

EBizCharge

JULY 8, 2024

By comparing income statements from different reporting periods, businesses can track their financial trajectories and adjust their business strategies accordingly. This could mean adjusting pricing strategies, cutting unnecessary costs, or boosting investment in profitable areas.

Adjustments 52

Adjustments Accounts On-Demand Finance 52

FICO

MARCH 15, 2023

As technology continues to expand, so will the demand for emotional intelligence. This establishes a low-code/no-code environment that empowers business users to define strategies and rules, and test, monitor, and adjust without requiring IT intervention. The banks and credit unions that can be more human will flourish.

AI 52

AI Credit Union On-Demand Adjustments 52

CB Insights

OCTOBER 6, 2017

Nike and Reebok are looking to speed up the supply chain & logistics process as well, and will automate the manufacturing process in coming years to keep up with high consumer demand and quick turnaround times. How corporations are harnessing automation. Outsize impact on the labor markets. Professions at the greatest risk. Conclusion.

AI 69

AI Risk Automation On-Demand 69

Nanonets

MAY 22, 2024

This can be done through detailed audits, process mapping, and feedback from procurement staff and stakeholders. Ensure the pace of execution is manageable and allows for adjustments based on feedback and results. Let's delve into the details and discover how to turn procurement into a strategic powerhouse for your organization.

Process 52

Process P2P Automation Adjustments 52

Nanonets

JULY 21, 2023

In addition to accelerating the reconciliation process, reconciliation software also enables an audit trail, significantly improving transparency and accountability. Once approved, the reconciled data is securely stored in a centralized database, ensuring an auditable trail.

Reconciliation 52

Reconciliation Payment APIs and Integration Automation Online and Mobile Banking 52

M2P Fintech

FEBRUARY 25, 2025

With the rising demand for loans, the need to deliver speed, accuracy, and personalized experiences has never been greater. By leveraging Loan Management Software , lenders can streamline operations, deliver personalized services, ensure regulatory compliance, and scale effortlessly to meet the demands of a diverse and growing customer base.

Payment APIs and Integration 52

Payment APIs and Integration Compliance Automation BNPL 52

FICO

JUNE 16, 2022

Taking the insights and converting them into meaningful, appropriate actions means adjusting effective debt collections strategies, recovery treatments, policies, processes and the all-important key performance indicators (KPIs). Adjusted charge-off policies to prevent the future loss of good customers. Tue, 07/23/2019 - 04:13.

Adjustments 52

Adjustments Assessments Returns APACS 52

PYMNTS

JANUARY 26, 2018

Corporate accounting software is now a continually evolving space, but progress doesn’t occur in a vacuum: External forces and trends, from changing regulations to increased adoption of FinTech by the enterprise, force businesses to adjust how they record and report financial data. Open Banking initiatives in the EU, U.K.,

Close Processes 47

Close Processes Innovation FinTech Accounts 47

Nanonets

FEBRUARY 28, 2024

The resolution process might entail manual adjustments, data transformations, or system corrections. Documentation : Documenting the reconciliation process is essential for maintaining an audit trail, which includes detailed records of the steps undertaken, discrepancies identified, and the corrective measures applied.

Reconciliation 52

Reconciliation Process Audit Compliance 52

EBizCharge

JULY 12, 2024

Enforcing explicit procedures for approval and reimbursement creates a standard for audits. Timeliness is also highlighted, as many business expense policies demand documentation to be submitted within a specific timeframe to avoid financial discrepancies. An expense policy also reduces the risk of fraud and financial discrepancies.

Compliance 52

Compliance Best Practices Procedures Process 52

Nanonets

MARCH 22, 2023

Processes govern reporting, managing, maintaining, and auditing. For example, it can analyze data on customer behavior to identify which products are popular where and at which part of the year (obviously February), which are not selling, and adjust inventory levels accordingly. Why is process intelligence important?

Process 52

Process AI Automation Adjustments 52