FloQast

JANUARY 22, 2025

Its what enables thousands of accounting teams worldwide to automate complex processes, reduce compliance burdens, and stay audit-ready. The process involved meticulous evaluation and alignment of our systems and policies against ISO 42001s rigorous standards. AI sits at the heart of FloQasts Accounting Transformation Platform.

ISOs 105

ISOs AI Accounts Audit 105

FloQast

DECEMBER 4, 2024

Journal entries are a cornerstone of the accounting process, but managing them manually is often tedious, error-prone, and inefficient. With FloQast Journal Entry Management, we’re rethinking the process to empower accounting teams, ensuring faster, more accurate financial operations. The best part?

Accounts 105

Accounts Audit Compliance Automation 105

The Finance Weekly

DECEMBER 15, 2024

Step 1: Conduct a Marketing Audit Why Start with an Audit? A marketing audit provides a snapshot of your current position and helps identify areas that need improvement. Key Activities in a Marketing Audit SWOT Analysis: Assess your internal strengths and weaknesses, as well as external opportunities and threats.

Process 130

Process Audit Adjustments Best Practices 130

EBizCharge

MARCH 18, 2025

As data breaches evolve and advance, a robust payment processing system that protects sensitive financial information is essential. For companies using Sage 100, understanding how to process credit cards securely is not just an option it’s a necessity.

Credit Cards 52

Credit Cards Process Security Data Breach 52

EBizCharge

MARCH 11, 2025

As companies transition to online payment platforms, the complexities of payment processing costs can often lead to unexpected expenses that eat into margins. Thankfully, this article will explore the various payment processing costs associated with Acumatica as well as actionable strategies for businesses to reduce these expenses.

Processing Costs 52

Processing Costs Process Credit Cards Payment Gateways 52

The Payments Association

JANUARY 13, 2025

Central to these changes are new statutory trust requirements, more prescriptive record-keeping, reconciliation standards, and the mandate for external safeguarding audits. Safeguarding audits: Firms are required to arrange safeguarding audits to assess compliance with the rules.

Compliance 88

Compliance Audit Legal Reconciliation 88

VISTA InfoSec

MAY 12, 2024

It focuses on controls related to security, availability, processing integrity, confidentiality, and privacy of data. It must be noted that Vi was first received its SOC2 Type 1 attestation in 2022, which was also done by VISTA InfoSec.

PCI DSS 279

PCI DSS Compliance Security ISOs 279

Nanonets

NOVEMBER 14, 2024

ABBYY is a technology company making document processing software since 1989. Their product lineup includes FineReader PDF for OCR and PDF management, FlexiCapture for enterprise document capture, ABBYY Vantage for intelligent document processing, Timeline for process intelligence, and Mobile Capture for mobile document scanning.

Process 52

Process Automation Volume Verification 52

VISTA InfoSec

MARCH 28, 2024

To achieve this, regularly review your data collection forms and processes to identify and eliminate any unnecessary data fields. More importantly, regularly update your software to patch security vulnerabilities and conduct periodic security audits to identify and rectify potential weaknesses in your system.

Data Breach 278

Data Breach Regulatory Compliance Breach Encryption 278

The Fintech Times

FEBRUARY 14, 2024

Crucial for organisations worldwide, this transformation rewrites the rules and offers a seamless alternative to tedious data entry, high processing costs, and lost invoices, promising a new era of financial agility. What is AP automation? Current trends in AP automation The current AP automation market is dynamic.

Automation 103

Automation Process Duplicate Compliance 103

The Payments Association

DECEMBER 9, 2024

From fraud detection to customer support, AI-driven solutions are revolutionising how payments are processed and safeguarded. LLMs are sophisticated algorithms trained on vast amounts of text data, enabling them to generate human-like text, interpret complex queries, and process vast amounts of transactional data.

Privacy 88

Privacy Payment Security AI Security 88

The Payments Association

FEBRUARY 14, 2025

Firms need to act now in examining their existing processes and controls and strengthening these where needed to prepare with sufficient time for the changes. Key actions for firms Implement robust internal processes : Firms must establish (or bolster) comprehensive internal processes to comply with the new safeguarding requirements.

Stablecoins 88

Stablecoins Payment APIs and Integration Regulatory Compliance Compliance 88

Fintech News

JANUARY 13, 2025

These menial tasks can eclipse their more strategic responsibilities like process improvement, strategic planning, and cost reduction. According to a study by Levvel Research, a staggering 86% of SMEs still rely on manual processing invoices globally. Automating these processes can benefit SMEs.

AI 119

AI Finance Automation SWIFT 119

Stax

MAY 13, 2025

In this blog, we’ll explore how to approach credit card processing like an opportunity instead of just another expense. These services enable you to process credit card payments online, in person, and on the go, and include everything from secure payment gateways to merchant accounts and point of sale (POS) systems.

Credit Cards 88

Credit Cards Payment APIs and Integration Processors Process 88

The Payments Association

APRIL 24, 2025

This partnership removes one of the final barriers to stablecoin usability: allowing businesses, NGOs, and platforms to move between fiat and stablecoins in seconds, with no complex exchange processes or manual interventions. Aryzes stablecoins are issued under e-money rules, fully collateralised, and audit-ready.

Stablecoins 88

Stablecoins Cross-Border Treasury Settlement 88

Nanonets

DECEMBER 13, 2023

Integrating AI and automation into the underwriting workflow presents a significant opportunity to minimize the time allocated to administrative tasks, manual processes, and repetitive data entries. Let's explore what are the top 6 benefits of AI insurance claims processing. #1: What can be this data?

AI 102

AI Process Fraud Detection Compliance 102

Neopay

OCTOBER 15, 2024

Training and audits are two pillars of compliance. Here’s a guide to address these areas and offer practical solutions to make training and auditing more effective, engaging, and impactful. If you’re looking for a holistic review of your operations to match regulatory standards, a compliance and regulatory audit is the best choice.

Audit 59

Audit Compliance Assessments Financial Crimes 59

Fintech Finance

DECEMBER 16, 2024

This extensive network, combined with its full-featured backoffice, enables merchants to optimize and manage their payment processes. Maintaining this standard requires continuous audits and improvements, reflecting Praxis Tech’s commitment to consistently enhancing its product offerings for merchants.

ISOs 95

ISOs PCI DSS Accreditation Security 95

Evolve Payment

SEPTEMBER 9, 2024

One frequently overlooked aspect of exit planning is the role your merchant account and merchant processing health play in business valuation. Minimizing overhead expenses, improving cash flows, and reorganizing merchant processing contracts are great ways to make your business more attractive to buyers. Sound familiar?

Process 95

Process Audit Accounts Returns 95

FloQast

MARCH 11, 2024

NYSE: PHM), one of America’s leading homebuilding companies, recognized the need to modernize financial processes to stay ahead. The Challenge: A Manual and Paper-Intensive Process Before integrating FloQast, PulteGroup grappled with a manual process laden with paperwork. We had a very manual process before,” Woods said. “We

Close Processes 105

Close Processes Process Reconciliation Audit 105

VISTA InfoSec

MAY 24, 2024

Establish processes for ongoing monitoring, vulnerability scanning, and penetration testing to identify and address security vulnerabilities promptly. Ensure the Merchants and Service Providers have filled the PCI Self-Assessment Questionnaires (SAQs) to comply with the PCI DSS requirements. of PCI DSS.

PCI DSS 243

PCI DSS Small Business Assessments Compliance 243

VISTA InfoSec

MARCH 25, 2025

Organization that are certified by CREST goes thorough assessments of their methodologies, quality assurance processes, and data security measures, offering assurance to clients seeking reliable and trustworthy security services.

Cybersecurity 130

Cybersecurity Accreditation PCI DSS Assessments 130

Basis Theory

NOVEMBER 12, 2024

Tokenization, therefore, refers to the process of creating a token and storing it within a secure vault. The tokenization process is completed by a tokenization platform and, in its most simple form, operates sequentially: Sensitive data is entered into a tokenization platform.

Encryption 157

Encryption Payment APIs and Integration PCI DSS Returns 157

Nanonets

AUGUST 23, 2023

AI-based document processing is transforming the way businesses handle paperwork. AI's advancements in areas such as self-driving vehicles and protein structure predictions show that it is sophisticated enough to handle intricate tasks like document processing in the business world. What is AI-based document processing?

Process 97

Process AI Payment APIs and Integration Compliance 97

VISTA InfoSec

OCTOBER 21, 2024

Achieving full compliance with DORA’s regulatory requirements can be a complex and resource-intensive process. This is where VISTA InfoSec’s expert consulting and audit service comes into play. When your organization is fully ready, our independent audit arm, will then conduct the final audit and issue the report as required.

Compliance 182

Compliance Third-Party Service Provider Risk Assessment Audit 182

Clearly Payments

APRIL 8, 2025

Whether you’re dealing with complex billing models, global expansion, legacy systems, or escalating processing fees, payment challenges grow with scale. Operations: Streamlining Payment Processes to Reduce Friction Payments touch nearly every part of an enterprise: finance, accounting, customer support, compliance, IT, and beyond.

Consulting 89

Consulting Payments Cross-Border Due Diligence 89

Clearly Payments

JANUARY 8, 2024

In the rapidly advancing world of payments and eCommerce, merchants find themselves navigating a landscape of risk in payment processing. In this guide, we go into the topics of risk management in payment processing, equipping merchants with the knowledge and strategies needed to secure their transactions.

Risk Management 97

Risk Management Risk PCI DSS Process 97

Clearly Payments

APRIL 17, 2025

While it may sound like a complex term, reconciliation is simply the process of making sure that two sets of financial records match. At its core, reconciliation is a comparison process. Reconciliation is an important process for several reasons: 1. The payment reconciliation process usually involves a few key steps: 1.

Reconciliation 52

Reconciliation Payment Reconciliation Processors Payments 52

The Finance Weekly

JUNE 22, 2022

In addition, it will create a far more efficient process that will allow FCFOs to take on more customers and add value. New Customers, Same Repetitive Process. No two companies have the same finances, yet FCFOs find themselves doing much of the same, repetitive processes time after time. More value to customers.

Automation 264

Automation Process On-Demand Audit 264

VISTA InfoSec

OCTOBER 26, 2023

SOX establishes regulations around financial reporting, mandates internal control audits, and strengthens corporate governance. The SOC framework includes multiple internal control audit reports. Now let’s examine the key differences between SOC and SOX audits. It applies to all U.S.

Audit 130

Audit Compliance Laws Governance 130

FloQast

MAY 9, 2024

However, these programs face a barrage of challenges, from manual processes to fragmented technologies, undermining their effectiveness. However, the path to compliance is fraught with challenges , including large upfront costs, organizational chaos, and reactive risk assessment processes.

Compliance 105

Compliance Audit Risk Assessment Assessments 105

The Finance Weekly

JULY 28, 2022

One of Vena’s customers, , Verra Mobility , claimed that Vena misled them into believing that the Soc 1 Type II report that Verra was given had been audited by an independent auditor. SOC reports (Type 1 and Type 2) are designed “to provide independent assurance on controls for financial processes that have been outsourced to a third party.”

Audit 130

Audit Compliance Data Security Security 130

Stax

JANUARY 15, 2024

Are you struggling with resource constraints caused by soaring credit card processing costs? Learn how to achieve payment processing compliance when surcharging to improve your company’s financial stability and reputation. It offsets the card processing costs, transferring the financial obligation to the latter.

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

VISTA InfoSec

OCTOBER 11, 2023

In this process, you’ll come across key terms like PCI SAQ (Self-Assessment Questionnaire), AOC (Attestation of Compliance), and PCI ROC (Report on Compliance). The QSA does this by conducting an audit of the organization’s processes and controls. Let’s focus on the ROC for now. 5/5 - (7 votes)

PCI DSS 130

PCI DSS Audit Compliance Assessments 130

FloQast

APRIL 30, 2024

One common pitfall is the reliance on manual processes or fragmented technology solutions for managing compliance efforts. Simply put: streamlining and automating manual processes would reduce the complexity, burden, and, oh yeah, risk associated with running compliance programs. What makes me say that, you ask?

Compliance 105

Compliance Addressing Audit Risk 105

FloQast

JUNE 12, 2024

Curis , a biopharmaceutical innovator based in Lexington, Massachusetts, faced challenges with their traditional, paper-heavy month-end Close process and compliance program. These inefficiencies not only led to wasted time and resources but also resulted in significant audit fees. That saved us $110,000 in outside audit fees.”

Compliance 105

Compliance Close Processes Audit Automation 105

VISTA InfoSec

SEPTEMBER 28, 2023

Notify and Obtain Consent Before Data Processing: Under the DPDP Act, it is mandatory for a data fiduciary to notify and obtain consent from the data principal before processing personal data (Clause 5, DPDP Act). These measures ensure lawful, transparent processing of personal data while maintaining privacy.

Privacy 130

Privacy Audit Data Breach Breach 130