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Deloitte and Basware Form Alliance to Transform E-invoicing

Fintech Finance

E-invoicing is increasingly taking priority within CFO departments alongside e-reporting requirements from local governments or tax authorities. Accounting teams will be required to comply with specific legislation when sending and receiving electronic invoices.

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Expense Reconciliation: Step-by-Step Guide

Nanonets

By comparing these records, businesses can identify any discrepancies, such as missing or duplicate transactions, incorrect or false amounts, or any unauthorised expenses and transactions. Credit card reconciliation helps identify discrepancies such as fraudulent transactions, duplicate charges, or unauthorised expenses.

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Importance of bank reconciliation in internal control

Nanonets

This can include anything from missing or duplicate transactions to unauthorized charges or fraudulent activity. Compliance with Regulations: In today's regulatory environment, adherence to financial regulations and reporting requirements is non-negotiable.

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The Ultimate Expense Management Guide for Businesses

Nanonets

Approval Processes : Establish who authorizes expenses and the workflow for approval. Receipt and Documentation Requirements : Specify the documentation needed to substantiate expenses. Here's how it transformed their process: Duplicate Claims Prevention: The software now automatically flags duplicate entries.

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The FCA and Government’s strategic focus on financial services growth

Neopay

The FCA’s commitment to growth The Financial Conduct Authority (FCA) has echoed the government’s focus on growth in a recent letter to the Prime Minister and Chancellor. Simplifying reporting requirements and ensuring proportionate regulation.

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How to automate data extraction in healthcare: A quick guide

Nanonets

Regulatory data extraction manages compliance documentation, quality metrics, and reporting requirements for healthcare governing bodies. The validation workflow enables you to detect and flag duplicate documents to prevent issues like double billing. Data validation and syncing Export and sync your data with any system you use.