The Fintech Times

MAY 10, 2025

Fintilect, the AI-powered hyper-personalised digital banking provider for financial providers across the globe, has appointed Lindsay Soergel as CEO. FloQast , an accounting transformation platform, has unveiled a strategic partnership with PwC Belgium focused on ‘revolutionising’ accounting close automation solutions.

FinTech 59

FinTech Legal Enrollments Non-Bank 59

The Finance Weekly

AUGUST 30, 2022

And then of course, there is the automation aspect. With FP&A software, companies can automate their data collections and create valuable dashboards and insights that will help them understand trends and make more accurate budgets, forecasts, and business decisions. This is in addition to supporting financial close processes.

Small Business 239

Small Business Finance Automation AI 239

The Finance Weekly

OCTOBER 13, 2021

Organizations may , eliminate many of the manual processes that stymie a company's ability to accomplish a speedy financial closure by employing AI and machine learning to automate financial close processes including account reconciliation and reporting. Think through the “extended” process.

Risk Management 130

Risk Management Risk Automation Close Processes 130

The Finance Weekly

APRIL 28, 2024

Here's a hint: using automation can really make the most of your QuickBooks investment. This new product is causing a stir by smoothly blending all finance department operations into the familiar world of Microsoft Excel, along with top-notch AI features. Pricing Free Automate basic workflows with 100 tasks per month.

Payment APIs and Integration 130

Payment APIs and Integration CRM Automation Multi-Currency 130

FloQast

NOVEMBER 18, 2024

The Accounting Transformation Platform introduces new AI workflows to deliver value throughout every step of the accounting journey, including: Optimize the close Automate the close Connected compliance Integrated record-to-report To support this platform, we announced the launch of three new solutions.

Compliance 98

Compliance Automation AI Product 98

Nanonets

MARCH 27, 2023

Mortgage automation is revolutionizing the way lenders process loans, with advanced technology solutions helping to streamline and speed up the process. From application submission to underwriting and funding, mortgage automation can simplify the steps involved in getting a loan approved. What is mortgage automation?

Automation 52

Automation Regulatory Compliance Underwriting Origination 52

Nanonets

APRIL 17, 2023

AP automation or accounts payable automation solutions are an attempt to optimise this process for finance teams. By getting rid of slow manual processes and its associated errors, AP automation can enhance relationships with partners and suppliers while also saving time and money. Why automate accounts payable?

Automation 52

Automation Payment APIs and Integration Accounts Audit 52

Nanonets

APRIL 11, 2023

In this blog post, we will discuss the challenges faced by commercial lenders today, the pain points in the loan process, and how loan automation can address these issues to deliver significant benefits to all stakeholders. Automated credit scoring models can quickly process applications, reducing the time taken for credit approval.

Origination 52

Origination Automation Risk Assessment Underwriting 52

Nanonets

FEBRUARY 26, 2024

Today, you can automate these processes using accounts payable automation solutions and optimise accounts payable for your finance teams. Our blog cuts through the complexity of AP processes, presenting a clear pathway to automation in 7 steps. What is Accounts Payable Automation?

Automation 52

Automation Accounts Payment APIs and Integration Process 52

Nanonets

APRIL 5, 2024

Tipalti and Airbase are powerful AP automation platforms that can seriously streamline financial processes. Whether you're a finance pro, a decision-maker, or a business owner, this in-depth Tipalti vs. Airbase comparison will give you the insights you need to choose the right AP automation solution for you.

Automation 52

Automation Multi-Currency Compliance Process 52

Nanonets

MARCH 26, 2023

Mortgage processing automation helps companies reduce the manual workload involved in mortgage origination and processing, in order to improve accuracy and efficiency. In this post, we will explore how mortgage processing automation using Nanonets and OCR technology can improve your business.

Automation 52

Automation Process Underwriting Origination 52

FloQast

MARCH 27, 2024

FloQast Reconciliation Management is designed to allow teams to choose the most effective method for each account, whether supporting manual reviews in a spreadsheet or full automation leveraging FloQast’s AI-driven AutoRec features. Simply put: Not all recs tie out.

Reconciliation 105

Reconciliation Audit Accounts Best Practices 105

PYMNTS

JANUARY 26, 2018

“Managing the month-end close is a process of continual improvement,” he said. It’s best practice to review the just-completed close and look for opportunities to be better next time.”. The core of the close process remains the same: corroborate the numbers in the general ledger,” explained Feinstein.

Close Processes 47

Close Processes Innovation FinTech Accounts 47

The Finance Weekly

AUGUST 30, 2022

And then of course, there is the automation aspect. With FP&A software, companies can automate their data collections and create valuable dashboards and insights that will help them understand trends and make more accurate budgets, forecasts, and business decisions. This is in addition to supporting financial close processes.

Small Business 130

Small Business Finance Automation AI 130

FloQast

JANUARY 22, 2025

Unfortunately, traditional processes are still very prevalent in accounting departments, and their inefficiencies and high risk of error make them a persistent problem for departments and the organization as a whole. These are two areas where AI and automation really shine. What AI and automation features are available?

Accounts 52

Accounts AI Automation Audit 52

Nanonets

JUNE 13, 2024

To address this issue, organizations prefer using reconciliation software, which can automate the heavy lifting and monotonous tasks while ensuring accuracy and timeliness during the monthly book-closing period. We have developed Nanonets Reconciliation AI tool just for you! Why is Account Reconciliation Important? 

Reconciliation 52

Reconciliation Automation Accounts Close Processes 52

PYMNTS

SEPTEMBER 21, 2017

Using robotics process automation technology, Alan automates tasks to help corporate accountants focus on more strategic and value-add processes. Gappify said Alan can handle both routine, mechanical processes as well as ad-hoc and specialized tasks.

Accounts 45

Accounts Bots Cash Management Automation 45

Nanonets

JUNE 18, 2024

Account Reconciliation can be a fairly manual task, especially right before the monthly close. Account reconciliation also helps improve transparency and visibility throughout the financial close process. Heavily manual: Excel still does not have any workflow automation capabilities, audit trails, or a database to rely on.

Reconciliation 52

Reconciliation Accounts Automation Credit Cards 52

Nanonets

JULY 21, 2023

This process involves comparing general ledger accounts with supporting documents using reconciliation software to identify discrepancies and take corrective measures. The advent of automated reconciliation software has revolutionized this process, serving as a transformative solution. What is reconciliation software?

Reconciliation 52

Reconciliation Payment APIs and Integration Automation Online and Mobile Banking 52

Nanonets

MAY 6, 2024

Finally, the manual nature of these processes contributes to difficulties in retaining financial and accounting talent and attracting new employees, exacerbating staffing concerns within organizations.    BlackLine is a cloud-based financial automation platform designed to streamline and modernize accounting and finance processes.

Reconciliation 52

Reconciliation Accounts Audit Automation 52

Nanonets

JANUARY 31, 2024

Month-end close is a widely accepted accounting standard that is aimed at keeping an accurate set of financial records and detecting errors/fraud. Month-end reconciliation is the most important part of the month-end close process. This can be easily reduced by using AI automation to save time and cost for your team.

Best Practices 52

Best Practices Reconciliation Adjustments Correspondent 52

Nanonets

JUNE 14, 2024

Challenges of Balance Sheet Financial Close The reconciliation process during the financial close can be challenging for finance teams due to disconnected data sources, a lack of automation, and the sheer volume of transactions. This might lead to potential financial losses and incorrect reporting.

Reconciliation 52

Reconciliation Adjustments Automation Accounts 52

Nanonets

MARCH 12, 2024

The Process of Record-to-Report Let's delve into the Record-to-Report (R2R) process and journey through its sequential steps, exploring it's pragmatic application in business context. Closing: The closing process is manual, with a checklist to ensure all financial activities for the period have been recorded and reconciled.

Process 52

Process Finance Reconciliation Compliance 52

Nanonets

JUNE 24, 2024

Credit card reconciliation is essential as it helps businesses prevent fraud, maintain financial integrity, optimize spending, and keep the company's books audit-friendly during the financial close process , typically occurring at the end of each month. How to do Credit Card Reconciliation?

Reconciliation 52

Reconciliation Credit Cards Correspondent Issuers 52

Nanonets

APRIL 19, 2023

Fortunately, modern technology offers a range of software and automation tools that can simplify various accounting operations, including payment recording, expense tracking, and the Accounts Payable Process. Additionally, automation can help businesses stay compliant with regulations and standards.

Accounts 52

Accounts Payment APIs and Integration Automation Process 52

Nanonets

MAY 10, 2023

Three way matching is best performed as an automated workflow powered by AP automation solutions such as Nanonets. A 3 way match is an internal control process that cross-references a supplier's invoice against its corresponding purchase order (PO) and good received note (GRN). Automate invoice payments with AI.

Accounts 52

Accounts Automation Duplicate Process 52

Nanonets

APRIL 24, 2023

 The lender typically charges a loan origination fee, which is around 1% of the loan amount, to cover the cost of the work involved in the origination process. Automate your mortgage processing, underwriting, fraud detection, bank reconciliations or accounting processes with a ready-to-use custom workflow.

Origination 52

Origination Process Underwriting Automation 52

Nanonets

MAY 7, 2023

During the electronic credit card reconciliation process, you use automated expense management tools or semi-automated software like Excel and a reconciliation template to match credit card statements with receipts and invoices electronically. This process is much faster and more accurate than manual reconciliation.

Reconciliation 52

Reconciliation Credit Cards Automation Accounts 52

Nanonets

JUNE 23, 2023

This process is known as the financial close. Balance sheet reconciliation is a crucial step in the financial close process, serving as a vital control mechanism for organizations. To overcome these disadvantages, organizations can leverage technological solutions like automated reconciliation software.

Reconciliation 52

Reconciliation Audit Financial Analysis Adjustments 52

Nanonets

FEBRUARY 28, 2024

We'll also explore how to efficiently manage and utilize your General Ledger, including the implementation of modern software solutions to automate and streamline your accounting processes. Automate your General Ledger The general ledger is the backbone of your company's financial records.

Automation 52

Automation Payment APIs and Integration Accounts Transactions 52

Nanonets

SEPTEMBER 22, 2023

On the other hand, an efficient  accounts payable process  can significantly improve your business's efficiency and  profitability. By implementing  best practices  and leveraging automation tools, you can maximize the potential of your  accounts payable department.

Accounts 40

Accounts Best Practices Automation Compliance 40

Nanonets

FEBRUARY 14, 2024

We'll also discuss how to set up efficient GL coding processes in your team, and explore GL coding automation software. The result is a faster, more efficient close process that also saves up your time which can be better spent elsewhere. What are GL Codes?

Transactions 52

Transactions Audit Accounts Automation 52

FloQast

DECEMBER 13, 2023

Because managing its month-end financial Close using Excel was proving increasingly challenging, the company searched for accounting workflow automation software that could meet its financial reporting and workflow automation needs. Companies should look for customizable software that fits their unique needs.

Compliance 52

Compliance Audit White Collar Crime Risk Assessment 52

The Finance Weekly

FEBRUARY 26, 2025

Built with a spreadsheet-style interface, it provides businesses with a centralized financial planning solution, reducing reliance on manual data entry while enhancing automation and accuracy. Predictive Analytics Use AI-driven insights to enhance decision-making. Who Its Meant For?

AI 130

AI CRM Automation Process 130

The Finance Weekly

FEBRUARY 22, 2025

Workday Adaptive Planning aims to solve this problem by offering a cloud-based Financial Planning & Analysis (FP&A) solution with AI-powered forecasting, budgeting, and workforce planning tools. Budgeting & Forecasting - Automate budgeting processes and generate real-time financial forecasts based on live data.

On-Demand 130

On-Demand Automation AI Assessments 130