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

Fintech Review

AUGUST 21, 2024

One major development is the integration of Generative AI into the fintech landscape. This will revolutionise financial services delivery. Generative AI will also transform market analysis through predictive trading algorithms. Generative AI will also transform market analysis through predictive trading algorithms.

FinTech 105

FinTech Financial Analysis AI Security 105

FloQast

JANUARY 1, 2025

As we make our way into 2025, the leading technology has evolved into AI accounting software. Just like those original accountants using clay, CPAs are embracing the greatest technology of today to power through number-crunching marathons. Top Benefits of AI in Accounting We know, we know, youre tired of the buzzwords.

AI 52

AI Accounts Audit Fraud Detection 52

Nanonets

MARCH 15, 2024

In this article, we dive into what actual AI automation looks like (and why it isn’t as straightforward). Introduction There is simply no escaping the fact that AI is the most talked about topic on the internet in 2024. However, these processes involve spending time (and money). It is heavy on synchronous communication.

Automation 59

Automation AI Accounts Duplicate 59

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.

AI 52

AI Accounts Duplicate Automation 52

PYMNTS

NOVEMBER 10, 2020

For financial service providers, instant payments offers a chance to open up new revenue streams and develop new services for corporate clients. But understanding how to position real-time payments technology to meet the needs of businesses is a challenge. Uncovering The B2B Use Cases.

B2B 117

B2B Real Time Payments Value Added Service ISO 20022 117

Nanonets

SEPTEMBER 1, 2023

AI is wonderful for automating manual work, but automating business processes is not just as straightforward as a 1-line prompt. Let's dive in: Introduction There is no escaping that AI will be the most talked about topic on the internet in 2023. This can lead to delays in financial reporting and decision-making.

Automation 52

Automation AI Accounts Duplicate 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 the most talked about topic on the internet in 2023. It is heavy on synchronous communication.

Automation 52

Automation AI Accounts Duplicate 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

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

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

SEPTEMBER 20, 2024

Applications of Table Extraction Table extraction has wide-ranging applications across various industries, here are a few examples of use-cases where converting unstructured tabular data into actionable insights is key: Financial Analysis : Table extraction is used to process financial reports, balance sheets, and income statements.

Rules 135

Rules Process AI Origination 135

Trade Credit & Liquidity Management

MARCH 6, 2025

Although other use cases exist for B2B data, for example, stock market performance on public companies, this article will focus on an overview of the four primary use cases: (1) credit and financial analysis, (2) B2B marketing lists, (3) supplier evaluation, and (4) KYC and compliance.

Financial Analysis 52

Financial Analysis Use Case Compliance B2B 52

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

The Finance Weekly

JANUARY 22, 2024

These degree programs include coursework that helps students develop analytical skills and learn financial analysis methods and software. Be Proficient in Data and Advanced Analytics To be a strong candidate for the CFO role, it's important to understand data, analytics, and advanced technologies like ,, generative AI.

Risk Management 130

Risk Management Finance Advisors Treasury 130

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. These advanced solutions offer a range of benefits and overcome the limitations of traditional methods.

Automation 52

Automation AI Financial Analysis Volume 52

Nanonets

APRIL 3, 2024

As technology advances, many businesses are transitioning from traditional bookkeeping to virtual bookkeeping, which offers greater efficiency, accessibility, and scalability. However, traditional bookkeepers remain essential to many businesses, particularly those with unique requirements or preferences for on-site financial management.

Automation 74

Automation Payment APIs and Integration Reconciliation Financial Analysis 74

PYMNTS

MAY 13, 2019

The rise of small business (SMB) accountants as financial advisors to their clients has emerged in parallel with a surge of back-office software solutions. ” Thanks to its data integration capabilities, AI is another tool that enables accountants to use more time as advisors — not data-pushers — for clients, she added. .

Accounts 61

Accounts Advisors Payment APIs and Integration Data Security 61

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). As technology advanced, digital tools such as spreadsheets and email replaced the need for physical documents.

Payment APIs and Integration 52

Payment APIs and Integration AI Automation Process 52

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

With this knowledge, you can make better budgeting decisions, spot potential problems early, and keep your business on track financially. In this blog, we’ll explore what bank statement analysis is, why it matters for your business, and how new technology is making it easier and more effective than ever. 

Payment APIs and Integration 52

Payment APIs and Integration AI Audit Non-Bank 52

Nanonets

SEPTEMBER 18, 2024

Financial document automation uses technologies like advanced Optical Character Recognition (OCR), Artificial Intelligence (AI), and Machine Learning (ML) to streamline these processes.  However, as companies grow, the volume of documents increases exponentially, making manual processing inefficient and error-prone.

Automation 52

Automation Audit Payment APIs and Integration Compliance 52

Nanonets

MARCH 22, 2023

Optical Character Recognition (OCR) is a technology that converts printed or handwritten text into digital text that can be edited, searched, and stored electronically. The technology behind OCR involves the use of specialized software and algorithms to recognize and interpret text characters from scanned or photographed images.

Automation 52

Automation Payment APIs and Integration Legal Process 52

Nanonets

JUNE 25, 2024

Think of it as giving each expense its own 'address' in your financial records. Detailed invoice coding enables accurate budget tracking, easier reporting, faster approvals, and better financial analysis. Modern AP automation software uses AI , ML, OCR , and workflow automation to streamline this process.

Automation 52

Automation Payment APIs and Integration Rules Process 52

Nanonets

MARCH 30, 2023

The "intelligence" in IDP comes from the use of Artificial Intelligence (AI) tools for data extraction. AI has the ability to process repetitive tasks without the cognitive limitations of humans; in fact, AI can produce more accurate results as it continues to process and learn. How does IDP work?

Process 52

Process Automation Compliance Volume 52

Nanonets

APRIL 29, 2024

Here are some of the top tools in this category: Tookitaki Key Features: Advanced AI-driven matching algorithms. Tookitaki's intercompany reconciliation software leverages artificial intelligence (AI) and machine learning (ML) algorithms to automate the matching and reconciliation of intercompany transactions.

Reconciliation 52

Reconciliation Audit Automation Transactions 52

Nanonets

SEPTEMBER 21, 2023

Finance automation  is revolutionizing the way businesses manage their financial processes, streamlining operations, and maximizing productivity. This automation allows for increased efficiency,  improved accuracy , and  real-time visibility  into financial data, enabling businesses to make informed decisions.

Automation 52

Automation Finance Assessments Compliance 52

Nanonets

APRIL 29, 2024

Human errors are not uncommon, and the time spent rectifying these mistakes could be better utilized for strategic financial analysis and decision-making. Here's why: Advanced Automation : Nanonets harnesses the power of AI and machine learning to automate the reconciliation process efficiently.

Reconciliation 52

Reconciliation Payment APIs and Integration Audit Regulatory Compliance 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

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

JUNE 15, 2023

Accounting automation uses advanced software technology and tools to automate various financial operations. This can make it difficult for an organization to make smart and timely decisions because they don't have reliable financial information when they need it. What is  Accounting Automation?

Automation 52

Automation Accounts Payroll Process 52

Nanonets

AUGUST 21, 2024

Introduction Retrieval-augmented generation (RAG) systems are transforming AI by enabling large language models (LLMs) to access and integrate information from external vector databases without needing fine-tuning.

Database 52

Database Returns Process AI 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. OCR technology is used to extract relevant data from invoices, eliminating the need for manual data entry.

Automation 52

Automation Reconciliation Audit Correspondent 52

Nanonets

APRIL 5, 2024

Nanonets: A powerful alternative to Tipalti and Airbase While Tipalti and Airbase offer robust AP automation solutions,  Nanonets  stands out by providing an end-to-end AI-powered AP automation platform. Limitations in customization, filtering, and exporting options can disrupt financial analysis and decision-making.

Automation 52

Automation Multi-Currency Compliance Process 52

Nanonets

APRIL 24, 2023

Business sectors that routinely use bank extracts Businesses of all types are increasingly benefitting from the process of extracting financial data from bank statements. The bank extract data can be used for a variety of purposes, such as financial analysis, reconciliation, and strategic planning.

Assessments 52

Assessments Automation Fraud Detection Risk Assessment 52

Nanonets

MARCH 4, 2024

Business expense categories are a systematic classification of costs incurred during the operation of a business, designed to organize and track financial outflows for purposes such as tax preparation, budgeting, and financial analysis.

IRS 52

IRS Online and Mobile Banking Credit Cards Automation 52

Nanonets

SEPTEMBER 22, 2023

RPA is reshaping the accounting industry by revolutionizing financial processes and paving the way for future automation. Understanding Robotic Process Automation Accounting Robotic process automation (RPA) in accounting refers to the use of robotic technology to automate manual tasks and streamline accounting processes.

Automation 40

Automation Accounts Process Reconciliation 40