Finovate

JANUARY 30, 2025

UK-based, multinational insurance company Aviva has teamed up with automated reconciliations solution provider AutoRek. Aviva will deploy AutoRek’s platform to provide a fully audited, rules-based reconciliation process that reduces the risks associated with manual processing. The company is headquartered in Glasgow, Scotland.

Reconciliation 52

Reconciliation Automation Audit Rules 52

Fintech News

JANUARY 13, 2025

AI-Powered Automation: Streamlining Spend Management Source: Shutterstock SMEs handle hundreds of invoices monthly. However, this system is mainly used for accounts receivable, leaving room for the automation of accounts payable too. Automating these processes can benefit SMEs.

AI 120

AI Finance Automation SWIFT 120

The Fintech Times

FEBRUARY 14, 2024

As businesses adapt to the accelerating pace of technological change and new e-invoicing mandates, one aspect of financial management stands out – accounts payable (AP) automation. What is AP automation? Customised workflows: AP automation allows for the customisation of the accounts payable process to suit specific business needs.

Automation 103

Automation Process Duplicate Compliance 103

PYMNTS

OCTOBER 9, 2020

Venture capital funding landed at supplier payment and compliance automation firms this week, among other B2B innovators that raised money. Strike Graph , a compliance automation firm, has launched with a $3.9 PYMNTS rounds up the latest funding rounds below. million Madrona Venture Group-led seed round.

Automation 107

Automation Compliance Audit Cybersecurity 107

FloQast

MARCH 12, 2025

Today, FloQast is proud to unveil its latest innovation, FloQast AI Agents , powered by FloQast Transform, designed to help accounting teams automate workflows and transform their roles from preparers to reviewers. Mark your calendar and join us to see how FloQast AI Agents are leading the charge in accounting automation.

Automation 52

Automation AI Accounts Audit 52

The Finance Weekly

NOVEMBER 3, 2021

Due to the inefficiencies and error proneness of account reconciliation through traditional processes, finance teams should automate through , new technologies in the industry. It’s also a process that can be dramatically improved through automation.

Reconciliation 130

Reconciliation Automation Accounts Finance 130

FloQast

SEPTEMBER 4, 2024

It allowed The Joint Chiropractic to integrate compliance seamlessly with their existing workflows, centralize their data, and automate processes, which had been manually intensive and prone to inefficiencies. Enhanced Efficiency: The Joint Chiropractic reported a 13% reduction in their internal audit budget. Read the full case study.

Compliance 98

Compliance Automation Accounts Audit 98

FloQast

MARCH 13, 2024

Automation has emerged as a beacon of hope, promising to revolutionize traditional manual methods and alleviate the burdens accounting teams face. However, the path to automation is fraught with challenges. This decentralization hampers accessibility and version control, hindering the review and audit processes.

Reconciliation 98

Reconciliation Automation Compliance Mitigation 98

Clearly Payments

APRIL 17, 2025

Compliance and Auditing Regulatory bodies often require accurate financial reporting. Reconciliation helps companies prepare for audits and meet compliance obligations. The Role of Automation in Reconciliation Manual reconciliation using spreadsheets and calculators is becoming outdated.

Reconciliation 52

Reconciliation Payment Reconciliation Processors Payments 52

Paystand

FEBRUARY 13, 2025

Table of Contents Defining the AR workflow The risks of manual AR workflows in an audit How automated AR workflows redefine audit readiness A step-by-step look at the modern AR workflow The urgency to modernize AR workflows

Audit 52

Audit Automation Risk B2B 52

Fintech News

FEBRUARY 10, 2025

Weve already seen this shift with robo-advisors, automated budgeting apps, and frictionless payments. Agentic AI fits perfectly into this new landscape by stepping beyond traditional automation. But these systems still require users to set preferences, approve transactions, or manually adjust settings.

AI 75

AI FinTech Fraud Detection Fraud Prevention 75

Nanonets

MAY 10, 2023

Intelligent workflow automation can save time, boost production, and cut expenses. This article will show how workflow management solutions can automate routine procedures, minimize repetitive jobs and operator mistakes, detect bottlenecks, and simplify communication across all departments. What is workflow automation?

Automation 98

Automation Rules Procedures Process 98

Fintech News

APRIL 6, 2025

With a modular architecture, the system offers a high degree of automation and straight-through processing for collateral flows between counterparties. SmartStreams solution was selected following an evaluation of its functionality, user interface, deployment flexibility, and ability to integrate with Finastras systems.

Treasury 72

Treasury Reconciliation Audit Automation 72

FloQast

NOVEMBER 28, 2023

Recently, FloQast published an e-book on how technology can improve audit efficiency based on Ashley’s first-hand experience. One of today’s most often talked about topics is how automation and leveraging automation tools, will affect the accounting profession. How do you achieve this type of automation?

Audit 59

Audit Process Technology Reconciliation 59

FloQast

MARCH 19, 2025

AI agents help accounting teams do their work by automating various accounting, compliance, and reporting workflows across their organization. Scalability : Automation of accounting functions supports growth and reduces the need to hire new team members as transaction volumes rise. Lets dive in! What are AI Agents?

AI 52

AI Accounts Fraud Detection Audit 52

FloQast

JUNE 12, 2024

These inefficiencies not only led to wasted time and resources but also resulted in significant audit fees. By leveraging FloQast’s automation and connected platform, Curis was able to streamline their Close process, strengthen their compliance program, and achieve substantial cost savings. This is where FloQast stepped in.

Compliance 105

Compliance Close Processes Audit Duplicate 105

FloQast

MAY 9, 2024

These enhancements usher in greater automation and visibility, empowering proactive risk assessment, more effective management of compliance programs, and smoother internal audit processes. Solution : FloQast streamlines processes, reducing complexity and cost through automation. million annually, according to FloQast’s survey.

Compliance 105

Compliance Audit Risk Assessment Assessments 105

Fintech Review

MAY 4, 2025

Modern SaaS fintech software for billing and revenue management automates processes, ensures compliance, and accelerates growth. Recurly Helps businesses automate subscription billing, optimise revenue recovery, and manage churn with flexible billing cycles. Here are the leading tools powering financial operations: 17.

Payment APIs and Integration 76

Payment APIs and Integration FinTech Multi-Currency Embedded Finance 76

Fintech Review

APRIL 19, 2025

We are witnessing a shift from standalone financial tools to full-stack, sector-specific platforms that seamlessly combine workflow automation with financial innovation. These newer platforms blend data, automation, and embedded finance in ways that simplify user experience. SaaS fintech v2.0

Finance 94

Finance Embedded Finance FinTech Payment APIs and Integration 94

Finovate

JANUARY 22, 2025

The partnership will enable the digital bank to automate key parts of its income verification and document handling processes for mortgage brokers. The partnership will enable the financial institution to automate specific parts of its income verification and document handling processes to boost efficiency for mortgage brokers.

Verification 52

Verification Audit Automation Fraud Prevention 52

Fintech Finance

MARCH 28, 2025

Medius , a leading provider of Accounts Payable (AP) automation and spend management solutions, has successfully renewed its ISO certifications, reaffirming its commitment to security, quality, and compliance excellence.

ISOs 59

ISOs Continuity Best Practices Compliance 59

Clearly Payments

APRIL 8, 2025

This leads to technical debt, fragmented customer experiences, and difficulty integrating new technologies. A payment consultant assesses your current payment infrastructure and identifies the best path forward. When those systems dont work in harmony, you end up with slow settlement times, reconciliation headaches, and poor customer experiences.

Consulting 89

Consulting Payments Cross-Border Due Diligence 89

Fintech Finance

MARCH 7, 2025

Center’s software, together with American Express’ corporate and small business cards, will aim to create a seamless expense management platform that delivers more value across the commercial card payments process – from choice in premium card offerings and rewards to automated accounting and reconciliation.

Acquirers 52

Acquirers Commercial Card Small Business Automation 52

Bank Automation

NOVEMBER 17, 2023

billion, Idaho-based bank saves roughly $1 million annually, has reduced its FDIC audit time by 50% from four weeks to […] Evans Bank has been working with and expanding the use of software company Laserfiche capabilities for 25 years, resulting in paper, monetary and time savings throughout the bank. Through the tech provider, the $3.2

FDIC 72

FDIC Automation Audit 72

Clearly Payments

JANUARY 21, 2025

The Case for Modernizing Payment Systems Modernizing payment processing systems can unlock a host of benefits for government agencies: Enhanced Efficiency: Automated processes reduce manual errors, speed up payment reconciliation, and lower operational costs.

Government Payments 59

Government Payments Government Governance PCI DSS 59

The Finance Weekly

JUNE 24, 2024

Noteworthy features of Pigment AI include data querying, pattern identification, smart insights, automated analysis and reporting, assisted modeling, and scenario building. Automated Data Imports – Accurately collect data from multiple sources in real time, eliminating time-consuming tasks and reducing data import errors.

Audit 130

Audit AI Automation Finance 130

VISTA InfoSec

MARCH 6, 2024

Changes Access Controls "Limit viewing of audit trails" to those with a need. audit log security principles are mostly unchanged. Automation Emphasis Mentions both manual and automated log review tools. mandates the use of "automated mechanisms" for daily reviews. Strong shift towards automation. No changes.

PCI DSS 130

PCI DSS Procedures Best Practices Assessments 130

Neopay

JANUARY 22, 2025

Automate scam operations at scale with minimal effort and cost. Regular audits: Conducting comprehensive compliance audits to identify vulnerabilities and strengthen internal controls. Fraudsters can use GenAI to: Quickly learn about specific targets and create personalised scams.

AI 59

AI Deepfake Phishing Audit 59

VISTA InfoSec

FEBRUARY 25, 2024

Backup Continuously Configure regular automated backups across servers, endpoints, databases, file shares, and email servers while retaining multiple generations of backups stored offsite in geographically distributed locations. Conduct audits periodically post-partnership.

Data Breach 272

Data Breach Breach Multifactor Authentication Cybersecurity 272

FloQast

MARCH 27, 2024

Additionally, with Audit Reports, managers can track changes to processes, noting who made a change and the timing, ensuring strategy remains aligned with execution. Audit Readiness Remember this? This decreases the audit burden on the accountants while keeping auditors happy with the organization of it all.

Reconciliation 105

Reconciliation Audit Accounts Best Practices 105

Nanonets

SEPTEMBER 18, 2024

Financial document automation is not just changing the game – it's rewriting the rules.  Enter financial document automation, a game-changing solution revolutionizing how companies handle their paperwork, regardless of size or industry. How does financial document automation work?

Automation 52

Automation Audit Payment APIs and Integration Compliance 52

M2P Fintech

APRIL 11, 2025

Key Proposals in the RBI’s Draft Guidelines Standardized Gold Valuation Lenders must use a transparent and uniform method for valuing pledged gold, with valuation done by certified personnel and subject to periodic audits. Purity checks must be documented and auditable.

Due Diligence 52

Due Diligence Caps Audit Non-Bank 52

FloQast

APRIL 30, 2024

Simply put: streamlining and automating manual processes would reduce the complexity, burden, and, oh yeah, risk associated with running compliance programs. 65% of respondents in a 2023 Thomas Reuters’ report highlighted that streamlining and automating manual processes would help reduce the complexity and cost of risk and compliance.

Compliance 105

Compliance Addressing Audit Risk 105

Nanonets

FEBRUARY 1, 2024

Accounts Payable (AP) automation is the use of technology to streamline and improve the process of managing a company's bills and payments owed to others. Instead of manually handling invoices, checking them, and making payments, AP automation uses software to do these tasks more quickly, accurately, and with less human effort.

Automation 64

Automation Accounts Process Multi-Currency 64

Finextra

FEBRUARY 29, 2024

Appian (Nasdaq: APPN) has partnered with Symphony, the leading markets’ infrastructure and technology platform, to help banks and financial services firms communicate, collaborate, and automate compliantly in a highly competitive and regulated market.

Audit 73

Audit Automation Regulations Technology 73

Fintech News

JULY 2, 2024

Summit aims to address common pain points in finance management by modernising and automating accounts payable and employee expense claims processes. Summit’s platform offers a real-time, centralised view of information, enabling efficient audit and reconciliation of vendor invoices and staff claims.

Reconciliation 107

Reconciliation Audit Automation Finance 107

FloQast

JANUARY 17, 2024

The consultation set out proposals for a range of legislative and governance reforms to be implemented in the Code in 2024, including the introduction of a new regulatory body, known as the Audit, Reporting, and Governance Authority (ARGA), which would replace the FRC. What is the UK’s Corporate Governance Code?

Government 102

Government Governance AAP Audit 102