Nanonets

APRIL 3, 2024

Businesses are now embracing the virtual to streamline their financial management processes. Enter virtual bookkeeping – a paradigm-shifting approach that harnesses the power of digital tools and automation to revolutionize traditional bookkeeping practices.

Automation 74

Automation Payment APIs and Integration Reconciliation Financial Analysis 74

PYMNTS

DECEMBER 19, 2018

As far as B2B FinTech goes, much attention has been paid to empowering a range of processes, including accounts payable, expense management and financial analysis — many of which had previously been a part of the Enterprise Resource Planning (ERP) solution.

AI 68

AI Financial Analysis B2B Innovation 68

Finovate

MAY 2, 2025

The platform supports every stage of the API journey, from design and dynamic SDKs to code sample generation and end-to-end automation. Adeel Ali is Founder and CEO. Launched in 2022, the company is a winner of Finovate’s Sustainability & Inclusion Scholarship Program. Karen Elliott is CEO. Eric Yez is Founder and CEO.

Online and Mobile Banking 64

Online and Mobile Banking Cross-Border Payments Cross-Border API 64

FloQast

JANUARY 1, 2025

As we make our way into 2025, the leading technology has evolved into AI accounting software. Whether youre a seasoned accountant, a finance executive looking to learn a bit more about the tools floating around, or an entrepreneur ready to take a leap on a new tech stack, understanding how AI is reshaping the world of accounting is crucial.

AI 52

AI Accounts Audit Fraud Detection 52

Nanonets

JUNE 7, 2023

While Chat-GPT may be able to pass the CPA exam and generate incredible walls of text, true AI automation looks different (and isn’t as straightforward as a 1-line prompt). Introduction There is simply no escaping the fact that AI is probably the most talked about topic on the internet in 2023. Where do you start?

AI 52

AI Accounts Duplicate Automation 52

Nanonets

SEPTEMBER 18, 2024

Financial document automation is not just changing the game – it's rewriting the rules.    From multinational banks and big accounting firms to local insurance agencies and small healthcare providers, businesses of all sizes process hundreds and thousands of financial documents daily.

Automation 52

Automation Audit Payment APIs and Integration Compliance 52

The Finance Weekly

AUGUST 5, 2023

FP&A professionals hold a crucial role in shaping a company's overall business strategy by delivering financial analysis and insights to management. Explore below some compelling reasons to consider FP&A as a promising career path.

Financial Analysis 130

Financial Analysis On-Demand Finance Compliance 130

The Finance Weekly

JULY 19, 2022

FP&A software assists CFOs, finance leaders, and FP&A experts in ensuring the financial health of their organization by tracking and analyzing current outcomes and forecasting future performance. FP&A stands for "financial planning and analysis," and is the backbone of the modern finance department. What is FP&A?

CRM 240

CRM Finance Database Automation 240

Nanonets

MARCH 22, 2023

OCR is commonly used in document scanning and digitization projects, as well as in automated data entry and processing systems. OCR technology has become increasingly important in business and industry due to the need to digitize large amounts of paper-based data and automate document processing workflows.

Automation 52

Automation Payment APIs and Integration Legal API 52

Nanonets

JUNE 25, 2024

Companies without automation spend $6.30 per invoice , while automated counterparts pay just $1.45. That's right— automation could save you nearly 77% per invoice! This guide will walk you through the process of invoice coding, how to automate it, and the best practices. But it's beyond just cost.

Automation 52

Automation Payment APIs and Integration Rules Process 52

Nanonets

APRIL 30, 2024

Particularly, extracting data from PDFs —an often cumbersome and error-prone task—has seen significant advancements with the emergence of Artificial Intelligence (AI). How AI-based PDF data extraction addresses these challenges Utilizing AI to extract data from PDFs offers a promising solution to these challenges.

AI 52

AI Due Diligence Automation Use Case 52

Nanonets

MARCH 4, 2024

Artificial Intelligence (AI) today has become a transformative power in the realm of expense management. AI technologies offer promising solutions to these age-old problems, automating mundane tasks, enhancing accuracy, and streamlining processes. Leveraging Generative AI 6.

AI 52

AI Payment APIs and Integration Fraud Detection Automation 52

Nanonets

SEPTEMBER 21, 2023

Finance automation  is revolutionizing the way businesses manage their financial processes, streamlining operations, and maximizing productivity. Key areas that can benefit from automation include  accounts payable ,  accounts receivable ,  spend and expense management , and  financial reporting.

Automation 52

Automation Finance Assessments Compliance 52

Nanonets

JULY 18, 2023

Fortunately, cutting-edge advancements in automation technology have revolutionized the accounts payable landscape, offering businesses an opportunity to streamline their workflows and achieve unprecedented levels of efficiency. Photo by Carlos Muza / Unsplash What is NetSuite Automation? What is Oracle NetSuite?

Automation 52

Automation Reconciliation Audit Correspondent 52

Nanonets

JUNE 18, 2024

Automate Data Extraction from Expense Claims What qualifies as a claim? Read about how to create expense reports in Excel and how to automate the expense reporting process. How to automate your Expense Approval Process The complete guide to expense approvals, and how to automate your expense approval process end-to-end.

Automation 52

Automation Process IRS Compliance 52

Nanonets

JUNE 15, 2023

Accounting automation has become a game-changer in the financial world. It transforms how businesses handle their financial processes. Accounting automation can help streamline operations, reduce errors, and save time and resources. In a survey, 58% of accountants said automated accounting led to increased efficiency.

Automation 52

Automation Accounts Payroll 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

MAY 8, 2023

Automate general ledger entries, GL coding, invoice management , and more. Book a personalized live demo to see how you can save time, effort, and costs while automating your bookkeeping processes. The financial statements will also play a key role in income tax preparation for the business – another job for the accountant.

Automation 52

Automation Accounts Reconciliation Audit 52

Finovate

AUGUST 8, 2024

Financial institutions offering products of their own or through partnerships with fintechs in a digital environment. FinTech Insights FinTech Insights is an AI-powered competitive analysis platform for banks and fintechs. Their patented, AI technology can be easily integrated into enterprise platforms.

Disputes 52

Disputes Credit Union Due Diligence Scams 52

Nanonets

JULY 26, 2023

Extracting relevant and accurate financial data from financial and business documents is critical for effective decision-making, financial analysis, and integrity, as well as regulatory compliance. This fast-growing market is evidence of the gains that financial data extraction can bring to a business.

Automation 52

Automation AI Financial Analysis Volume 52

Nanonets

SEPTEMBER 22, 2023

Robotic process automation (RPA) is a game-changer for the accounting industry, offering significant improvements in efficiency and productivity. By automating repetitive tasks, RPA allows organizations to reduce human errors and free up employees for more impactful work. Benefits of RPA in Accounting 1.

Automation 40

Automation Accounts Process Reconciliation 40

Nanonets

JULY 25, 2023

What is financial data analysis? Gartner defines financial analysis as the process that provides “insight into the financial performance of an organization.” How is financial data analysis used in business?

Financial Analysis 52

Financial Analysis Payment APIs and Integration Assessments Automation 52

Nanonets

SEPTEMBER 20, 2024

The accuracy of a good table parser can pave the way to automation of a lot of workflows in a business. This enables quick compilation of financial metrics for analysis, forecasting, and regulatory reporting. Tables are ubiquitous, holding a large volume of information packed in a dense format.

Rules 135

Rules Process AI Origination 135

Nanonets

JUNE 27, 2023

billion in 2021, propelled by technological advancements, including the introduction of AI-based applications, machine learning, big data, and the Internet of Things (IoT). This article will look at the implications of digitization and automated document processing. They can also detect and rectify errors during the conversion process.

Payment APIs and Integration 52

Payment APIs and Integration AI Automation Process 52

PYMNTS

MAY 13, 2019

In part, these FinTech platforms have challenged accountants to remain relevant by acting as strategic advisors, and the technology has empowered accountants to do just that by automating tedious, time-consuming tasks and freeing up assets for accountants to take on that elevated role. New Challenges, New Opportunities. In the U.S.,

Accounts 61

Accounts Advisors Payment APIs and Integration Data Security 61

Nanonets

JUNE 23, 2023

By ensuring accurate balances, organizations can make more informed financial decisions and allocate resources effectively. Financial Analysis and Planning Accurate balance sheet reconciliation provides a solid foundation for financial analysis and planning.

Reconciliation 52

Reconciliation Audit Financial Analysis Adjustments 52

Nanonets

SEPTEMBER 23, 2024

  That's where modern AI-powered tools come in. Now, let’s examine how this is done and explore some advanced AI-powered bank statement analysers (BSA). AI-powered bank statement extraction AI-powered tools are paving the way for financial analysis across all industries.

Payment APIs and Integration 52

Payment APIs and Integration AI Audit Non-Bank 52

Nanonets

MARCH 30, 2023

Intelligent Document Processing (IDP) refers to the automation of data extraction from unstructured documents. IDP is increasingly being used in various industries such as finance, healthcare, and government, to automate many document-intensive tasks such as invoice processing, contract management, and compliance reporting among others.

Process 52

Process Automation Compliance Volume 52

Nanonets

APRIL 29, 2024

In this guide, we'll explore what intercompany reconciliation is, the top softwares in the market, key features to consider before buying one, pricing options, and how automated solutions like Nanonets can revolutionise your reconciliation process. What is Intercompany Reconciliation?

Reconciliation 52

Reconciliation Audit Automation Transactions 52

Nanonets

APRIL 29, 2024

Balance sheet reconciliation software, also known as accounts reconciliation software, is a specialized tool designed to streamline and automate the process of reconciling balance sheet accounts within an organization's financial system.   Why Do We Need Balance Sheet Reconciliation Software?

Reconciliation 52

Reconciliation Payment APIs and Integration Audit Regulatory Compliance 52

Nanonets

APRIL 17, 2023

JPG To Excel Converter Convert JPG to Excel Now Nanonets: An automated Image to Excel converter Image to Excel tool works well if you have 3-4 images daily or a small bunch. But what if you need to extract tables 100s of images regularly, an automated OCR workflow platform like Nanonets is a good choice.

Automation 52

Automation Financial Analysis Database Use Case 52

Nanonets

APRIL 24, 2023

While bank extracts were obtained manually in the past, most companies are resorting to software to automate this tedious process. Sources of bank extracts A bank extract may be obtained from various financial documents, some of the most common include: Bank statements: Bank statements are the most common sources of bank extract.

Assessments 52

Assessments Automation Fraud Detection Risk Assessment 52

Nanonets

APRIL 15, 2024

Integrate Nanonets Reconcile financial statements in minutes Try for Free This article presents the importance of bank reconciliation statements and provides insights into the benefits of automation in the generation of bank reconciliation statements.  

Reconciliation 52

Reconciliation Adjustments Checks Correspondent 52

Nanonets

SEPTEMBER 23, 2023

This enables better financial analysis and decision-making, as organizations can assess their budgetary performance and make adjustments as needed. Overall, encumbrance accounting is an essential tool for maintaining financial stability, optimizing budget utilization, and ensuring accurate financial reporting.

Accounts 52

Accounts Government Governance Payroll 52

Nanonets

FEBRUARY 6, 2024

This article provides the most comprehensive guide to intercompany reconciliation and how automation can help you save time & cost! Automate reconciliation to improve accuracy and save time & cost. It has to be structured into groups to reduce the complexity, and the process has to be automated to save you time.

Reconciliation 52

Reconciliation Adjustments Automation Transactions 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. This meticulous document serves as the foundation for a company's financial statements, categorizing and recording each transaction.

Automation 52

Automation Payment APIs and Integration Accounts Transactions 52

PYMNTS

FEBRUARY 27, 2018

Analytics technologies like machine learning, artificial intelligence (AI) and robotics process automation (RPA) turned cash flow forecasting into more of a science than it’s ever been. Of course, at the heart of this advancement is increased access to detailed financial data, but it’s not easy for everyone.

Checks 40

Checks B2B FinTech Small Business 40