Finextra

JULY 7, 2025

Instead of owning a paper share certificate or an entry in your broker’s database, you hold a cryptographic token in a digital wallet. By cutting out some middlemen (like clearinghouses or certain broker fees) and using automated smart contracts, tokenised stock trading can potentially be cheaper. How does this work in practice?

Blockchain 59

Blockchain Payment APIs and Integration Regulations Security 59

VISTA InfoSec

FEBRUARY 25, 2024

Encrypt Data Flows Implement encryption for data in transit over networks and at rest within databases/servers to ensure meaningless ciphertext even if intercepted. Conduct audits periodically post-partnership.

Data Breach 272

Data Breach Breach Multifactor Authentication Cybersecurity 272

Nanonets

AUGUST 1, 2023

Internal audits play a crucial role in assessing a company's internal controls, corporate governance, and accounting processes. These audits are essential for ensuring compliance with laws and regulations, as well as maintaining accurate and timely financial reporting and data collection.

Audit 52

Audit Automation Bots Risk Assessment 52

Nanonets

AUGUST 1, 2023

The era of automation has brought about a revolution in various industries, and the audit sector is no exception. The integration of Artificial Intelligence (AI), cloud-based data storage solutions, and data analytics tools is set to transform the audit industry, reshaping the way accountants and auditors carry out their tasks.

Audit 40

Audit Automation Risk Assessment Assessments 40

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

The Finance Weekly

JULY 19, 2022

These cutting-edge tools aid teams in streamlining, automating, and improving the accuracy and efficacy of tactical and strategic initiatives. Ensuring that the company's accounts and finances are audit-ready at closing. Customized and automated workflows. Proactive budgeting with an expert understanding of company finances.

CRM 240

CRM Finance Database Automation 240

Nanonets

AUGUST 1, 2023

Over the years, the auditing landscape has undergone remarkable transformations, and among the most significant advancements has been the advent of audit automation software solutions. Computer-Assisted Audit Tools and Techniques (CAATTs) have been available to auditors since the early 1990s.

Audit 40

Audit Automation Risk Assessment Payment APIs and Integration 40

CB Insights

JANUARY 4, 2018

Per The State of Automation Report , there are 4.6M A growing wave of AI-infused Expert Automation & Augmentation Software (EAAS, pronounced /?z/) STATE OF AUTOMATION REPORT. Download a deep dive on AI, robotics, and the fear of job displacement from automation. such jobs at risk in the USA due to AI. What is EAAS?

Automation 75

Automation AI Audit Consulting 75

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

Nanonets

MAY 31, 2023

Switching from a manual to an automated AP process can help in making payments on time and to the correct vendors.     With accounts payable workflow automation , a company can avoid late payments, fraudulent payments and clear up delays in processing which can impact bottom lines.

Automation 52

Automation Accounts Audit Process 52

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

Nanonets

APRIL 16, 2023

Source: esker The introduction of intelligent automation into the accounts payable process minimizes the risk of manual intervention, accelerates operations, and helps maintain compliance. So, what exactly is AP automation ? Looking for an AI based AP Automation solution? How Does AP Automation Work?

Automation 52

Automation AI Accounts Reconciliation 52

Nanonets

MAY 8, 2023

With intelligent automation , the reconciliation landscape is changing. Reconciliation software (a part of accounting automation software ) like Nanonets helps businesses take control of their spending, keep books up to date and enhance financial reporting with accurate data. Can you automate the reconciliation process?

Reconciliation 52

Reconciliation Automation Process Adjustments 52

Nanonets

SEPTEMBER 12, 2023

  In sharp contrast, automated invoice processing could reduce the cost to $1.42 In addition to cost reductions, automation can help mitigate fraud risks and provide increased visibility into cash flow trends.  This automation can improve the speed and accuracy of invoice processing and simplify compliance.

Automation 52

Automation Process Audit Compliance 52

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 Process 52

Nanonets

DECEMBER 6, 2023

However, the advent of HR process automation has revolutionized the way HR professionals operate. By harnessing the power of technology and intelligent software, HR process automation streamlines workflows, reduces errors, enhances data accuracy, and ultimately improves the overall employee experience. What is HR Automation?

Automation 52

Automation Process Payroll Compliance 52

Fintech Review

JUNE 18, 2024

By eliminating needless information transfers from spreadsheets, databases, and PDFs, data can be easily shared and utilized by all team members. Ensure auditability and the future success of the fund by keeping detailed records of transactions, valuations, and investor communications. Avoid costly errors and regularly lapses.

Reconciliation 98

Reconciliation Compliance Regulatory Compliance Best Practices 98

Nanonets

APRIL 4, 2023

With the rise of digital mailroom automation technologies, companies can streamline their mail processes, increase efficiency, and reduce costs. Read this guide to learn more about how your business can leverage automated mailrooms to improve operations and boost productivity. What is mailroom automation?

Automation 52

Automation Correspondent Process Fed 52

Nanonets

JUNE 7, 2023

Looking to automate manual processes? Create custom workflows to automate manual processes in 15 minutes. And the solution to this problem is Enterprise Automation, which allows companies to control processes and makes managing multiple business areas easier. You might be thinking what is enterprise automation?

Automation 52

Automation Process Checks Product 52

Nanonets

JUNE 19, 2023

However, the advent of HR process automation has revolutionized the way HR professionals operate. By harnessing the power of technology and intelligent software, HR process automation streamlines workflows, reduces errors, enhances data accuracy, and ultimately improves the overall employee experience. What is HR Automation?

Automation 52

Automation Process Payroll Compliance 52

Nanonets

DECEMBER 4, 2023

Automated order processing is the solution. It harnesses AI, OCR, and automated workflows to handle orders accurately and efficiently. By automating, you ensure real-time updates and error-free transactions, meeting today's demand for immediate and reliable service. What is automated order processing?

Automation 52

Automation Process Payment APIs and Integration Returns 52

Nanonets

JUNE 23, 2023

There is, however, a solution that can revolutionize how businesses operate and amplify their productivity manifold—workflow automation. What is workflow automation? With digital workflow automation, businesses can automate and streamline their usual operational processes, reducing manual effort and improving efficiency.

Automation 52

Automation Facilitators Process Rules 52

PYMNTS

MARCH 6, 2019

Distributed ledger technology (DLT), in essence, is a distributed database that securely stores and organizes data. Across treasury and supply chain efforts, Rodrigues noted, blockchain can help improve risk management through three major points: data redundancy, auditability and smart-contract permissions.

Treasury Management 75

Treasury Management Treasury Blockchain Distributed Ledger Technology (DLT) 75

Nanonets

APRIL 30, 2023

Looking to automate payroll processes? Try Nanonets and automate employee onboarding, reimbursements, payment, and approvals with no-code workflow s. Looking to automate your manual payroll processes? Book a 20-min live demo to see how Nanonets can help your team implement end-to-end payroll automation.

Payroll 52

Payroll Automation Accounts Reconciliation 52

Nanonets

JULY 22, 2024

A handy checklist of must-have AI automations for every CFO AI is influencing how business leaders re-imagine their team’s daily tasks, company processes and resource allocation. Automation of repeatable manual tasks has been the biggest applications of various AI tools.

AI 52

AI Audit Reconciliation Automation 52

EBizCharge

MAY 14, 2024

Automated billing transforms how businesses handle their finances, offering a seamless and error-free approach to invoicing and payments. With its foundations in digital efficiency, automated billing could be the financial game-changer your company needs. What is automated billing? How does automated billing work?

Automation 52

Automation Payment APIs and Integration Best Practices Online and Mobile Banking 52

Nanonets

JULY 4, 2023

It is slated to be the next driver of the digital revolution in the business domain and aims to integrate all automated activities under one common platform that is unique to an organization. Hyperautomation is made of three components – automation, orchestration and optimization. RPA, for example, is an automation system.

Payment APIs and Integration 96

Payment APIs and Integration Automation AI Process 96

Fintech News

MAY 22, 2024

Founded in late 2015, the company provides regulated entities with tools to manage audit, risk, and compliance programs effectively. With its fully automated solution, IDVerse enables rapid global business scaling by verifying new users in seconds using only a face and smartphone, in over 220 countries and territories, with any ID document.

Financial Crimes 106

Financial Crimes Crime APACS Risk Assessment 106

Nanonets

JUNE 15, 2023

The advantages of efficient document workflows are numerous: Improved Productivity : Automating repetitive tasks allows employees to focus on more critical, strategic tasks. Increased Accuracy : Automated processes reduce human error, ensuring the accuracy of documents. decided to automate its accounts payable process.

Automation 40

Automation Payment APIs and Integration Audit Process 40

Segpay

OCTOBER 22, 2024

Blockchain technology offers a solution to these concerns, enabling age verification without collecting or storing sensitive data in a centralized database. Additionally, smart contracts —self-executing contracts written in code—can automate the verification process. ZKPs allow a user to prove that they meet certain criteria (e.g.,

Verification 105

Verification Blockchain Privacy Encryption 105

Nanonets

JANUARY 16, 2024

Spoiler alert: They probably have, and it's called workflow automation software. Workflow automation is like having a personal assistant who never sleeps, never forgets, and never makes a mistake.    This guide will delve into the top 5 workflow automation software, explore their features and their pricing strategies.

Automation 52

Automation Payment APIs and Integration Process CRM 52

Nanonets

OCTOBER 1, 2024

We'll also delve into how automation can help you move closer to that 3-day benchmark. The invoice is then filed for future reference or audits, completing the validation process. This leads to an overpayment, which is only discovered during the next audit cycle. check, ACH, wire transfer) selected.

Best Practices 40

Best Practices Automation Multi-Currency Duplicate 40

PYMNTS

NOVEMBER 3, 2017

BigPanda provides automated service operations solutions for IT professionals, helping them streamline operations to consolidate management of enterprise data and gaining actionable insights via machine learning. Based in Finland and with offices in California, MariaDB offers enterprises an open source database solution. has raised $5.6

B2B 75

B2B Automation AI Fraud Detection 75

Nanonets

FEBRUARY 27, 2024

Additionally, QuickBooks can be integrated with other software packages, allowing businesses to automate many of their financial processes. Automated Receipt Scanning to Quickbooks , on the other hand, is a modern solution that offers many benefits to businesses. Why is it important ?

Automation 52

Automation Database Audit Use Case 52

Nanonets

AUGUST 23, 2023

AI in document processing refers to the use of Machine Learning (ML), Natural Language Processing (NLP), and Optical Character Recognition (OCR) technologies to automate data extraction, categorization, and validation from documents. It could be exporting the data to your ERP or CRM system or updating your databases.

Process 97

Process AI Payment APIs and Integration Compliance 97

CB Insights

NOVEMBER 2, 2017

This technology ranges from complementing existing compliance, audit, and risk workflows to replacing and wholly automating them through leveraging cutting-edge technologies like artificial intelligence, machine learning, and the blockchain. One-way regtech on blockchain is being leveraged to create a distributed ledger audit trail.

Compliance 72

Compliance Regulations Audit Office of the Comptroller of the Currency 72

The Fintech Times

JANUARY 5, 2024

It found that 75 per cent of generative AI users are looking to automate tasks at work and use generative AI for work communications. Graph databases’, which store complex data structures (most commonly used for social networks), and which are very powerful when combined with generative AI (GenAI), will come to the fore.

AI 75

AI Database Financial Crimes Compliance 75