Nanonets

JULY 14, 2023

Want to automate invoice processing ? This store can save a lot of time by automating the process of invoice management. To reduce costs The same retail stores' franchise saves a lot of money by automating invoice digitization using PDF OCR and deep learning. This same volume of paper is also going to require 2.5

Automation 98

Automation Process Payment APIs and Integration Database 98

PYMNTS

OCTOBER 31, 2016

The financial technology space may be getting smaller, bit by bit, inch by inch, through strategic acquisitions. In one recent announcement , Corcentric, which offers procure-to-pay technology, said that it had acquired eInvoicing firm InfoAccess.net. Against that backdrop, stated Clark, his firm will aim to be a consolidator.

Automation 69

Automation Duplicate Credit Cards B2B 69

Finovate

MARCH 31, 2025

The controls will leverage automation to help reduce manual reconciliation activity and enhance compliance with procurement requirements. “Creating frictionless B2B commerce experiences is critical for driving long-term buyer loyalty for our clients,” TreviPay Chief Product and Technology Officer Dan Zimmerman said.

B2B 59

B2B Reconciliation Online and Mobile Banking Small Business 59

PYMNTS

AUGUST 14, 2020

This month’s Deep Dive examines how the pandemic is changing AP practices and encouraging corporate buyers to adopt cloud-based systems and artificial intelligence (AI)-powered AP automations. One key solution is invoice processing automation, which works to extract information from paper or PDF supplier invoices.

Process 106

Process Duplicate Automation AI 106

PYMNTS

FEBRUARY 27, 2020

In the latest Next-Gen AP Automation Tracker , a PYMNTS and Bottomline Technologies collaboration, we provide an informative deep dive into how ERP and accounts payable (AP) automation are combined to form a superior invoice-to-payment-to-reconciliation process solution with a significant financial upside for all.

Automation 56

Automation Payment APIs and Integration API Duplicate 56

Nanonets

MARCH 15, 2024

In this article, we dive into what actual AI automation looks like (and why it isn’t as straightforward). Artificial intelligence is now being applied across professional domains that are ripe for automation - areas of work such as software, law, accounting, consulting, finance and so on. The good news?

Automation 59

Automation AI Accounts Duplicate 59

Nanonets

APRIL 3, 2024

Enter virtual bookkeeping – a paradigm-shifting approach that harnesses the power of digital tools and automation to revolutionize traditional bookkeeping practices. Virtual bookkeeping involves managing financial records and transactions remotely using digital tools and technologies.

Automation 74

Automation Payment APIs and Integration Reconciliation Financial Analysis 74

PYMNTS

DECEMBER 18, 2020

financial executives found that 91 percent were investing in financial technologies intended to help with newly remote operations. The firms were especially interested in deploying automated and advanced learning technologies. percent were considering or currently spending on AP and AR automation. The poll of 325 U.S.

Automation 64

Automation Process Payments AI 64

Finextra

JUNE 19, 2025

How can banks better collect, orchestrate, and reuse data to streamline onboarding and reduce duplication? How can banks move from reactive compliance to proactive, intelligent onboarding using automation and AI? How can banks lay the groundwork to scale advanced technologies responsibly? What use cases exist today?

AML 52

AML Risk AI Compliance 52

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. However, true automation looks different. Artificial intelligence is now being applied across professional domains ripe for automation - work areas such as software, law, accounting, consulting, etc.

Automation 52

Automation AI Accounts Duplicate 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

Payment Savvy

MAY 12, 2023

Payment automation solutions have transformed the way businesses handle their accounts payable departments. With the increasing need for cost savings, efficient payment processing, and secure financial data management, payment automation has become an essential tool for modern businesses. What Are Payment Automation Solutions?

Automation 52

Automation ACH Payments 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). However, this usually leads many to the conclusion that AI-based automation is not for them - it seems cumbersome, time-consuming and expensive to implement.

Automation 52

Automation AI Accounts Duplicate 52

Nanonets

MAY 20, 2024

Automating data workflows isn't a new concept, but recent advancements in intelligent automation solutions have made it possible to streamline even the most complex processes. You can now automate data extraction, integration, and analysis, enabling your team to focus on high-value activities and deliver meaningful results faster.

Automation 59

Automation Payment APIs and Integration CRM Duplicate 59

PYMNTS

JULY 28, 2019

Supermarket giant Kroger and online grocery retailer Ocado are joining forces to build the second of 20 planned automated warehouse facilities. Its model is being duplicated in Groveland and will continue in cities across the U.S., Kroger’s first CFC is being constructed in Monroe, OH. the release said.

Automation 51

Automation Duplicate Mobile Payments On-Demand 51

PYMNTS

FEBRUARY 26, 2020

Many are turning to enterprise resource planning (ERP) tools with accounts payable (AP) automation to harness both solutions’ abilities and level up their businesses’ values. Bringing AP automation to ERP offerings enhances working capital management, reduces operational costs and improves productivity. ERP and AP Automation Uptake.

Payment APIs and Integration 83

Payment APIs and Integration Automation Duplicate API 83

PYMNTS

NOVEMBER 11, 2020

The Playbook also calls out “three-way invoice matching — in which staff must compare invoices to purchase orders and goods received notes,” and the frustrations that brings, but automation can reduce these stresses by matching these invoices automatically. Capital Management Leans Into Digital. A recent survey found that 74.2

Automation 87

Automation Void Treasury Duplicate 87

Nanonets

MARCH 30, 2023

Enter payment automation - a solution that has gained popularity in recent times due to the pandemic and the new competitive landscape. By automating the payment process, businesses and individuals can save time and minimize the risk of errors. What is Payment Automation? How does payment automation work?

Automation 52

Automation Transactions Wire Transfer ACH 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

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. It’s a technology that integrates complex accounting functions and can form an integral part of your core operations.

Automation 52

Automation AI Accounts Reconciliation 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

FloQast

JANUARY 22, 2024

A survey completed by the technology review platform Capterra reveals that 72% of businesses plan to spend more on software in 2024 than in 2023. Companies that automate their financial statement preparation processes often benefit from improved accuracy, near real-time data, and increased efficiency.

Automation 52

Automation Reconciliation Audit Accounts 52

Nanonets

JULY 14, 2024

Modern invoice management tools automate much of the process. This automation can significantly reduce processing time and errors. By automating manual tasks, invoice management systems save time, reduce errors, and improve cash flow. Automate manual data entry processes using a workflow management system.

Automation 52

Automation Process Multi-Currency Online and Mobile Banking 52

Nanonets

APRIL 2, 2023

You are not only causing waste of working hours for the employees but also the business to do more mistakes, duplication, and loss of productivity. It is time you also think about making your expense management automated so that it will help your business set free from the worries of manual expense requests and approvals.

Automation 52

Automation Audit Compromise Accounts 52

Nanonets

APRIL 16, 2023

Errors at the start of the invoice processing workflow can snowball into serious outcomes such as over-payment, incorrect payments, invoice duplication, etc. 23% of businesses had suppliers who refused to work with them again due to Accounts Payable inefficiencies Looking to automate your manual AP Processes?

Automation 52

Automation AI Duplicate Accounts 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

APRIL 10, 2024

Automation in accounts payable refers to using software to digitize, streamline, and optimize the end-to-end process of managing payables. In this blog, we will discuss Sage Intacct , specifically for finance teams, and how Account Payable Automation (APA) is the next step to improving the process.

Automation 52

Automation Accounts Audit AI 52

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

Nanonets

AUGUST 8, 2023

Source: TechTarget But with the increasing complexity and volume of business processes, the need for automation in BPO has become more apparent. This is where BPO automation software comes into play. What are BPO automation software? Customer service: Bots can be used for contact center automation.

Automation 52

Automation Payroll Bots Payment APIs and Integration 52

PYMNTS

NOVEMBER 10, 2020

A survey of 500 finance professionals found that 54 percent of businesses have sent invoices to the wrong recipients, for example, while 63 percent of businesses have received duplicate invoices. Untold sums are lost due to these issues, leading businesses to develop or seek advanced technological solutions to fix them.

Liquidity Management 87

Liquidity Management Treasury Point-of-Sale (POS) Automation 87

PYMNTS

NOVEMBER 6, 2020

Sixty-three percent of businesses in the United Kingdom have received duplicate invoices , for example — with 33 percent mistakenly paying them — 58 percent have had to pay suppliers’ late fees, and 90 percent have been pestered by suppliers demanding payments. Developments From Around The World of Back-Office Optimization.

Duplicate 62

Duplicate Procedures Automation Treasury 62

National Merchants Association

JUNE 30, 2022

Digital solutions such as automation and payment integration have become a necessary part of managing business transactions seamlessly. Digitizing your business means automating most tasks required to run a business’ payment systems and integrating them with modern digital technology, saving valuable time, effort, and cost.

Automation 52

Automation Payments Transactions Duplicate 52

National Merchants Association

JUNE 30, 2022

Digital solutions such as automation and payment integration have become a necessary part of managing business transactions seamlessly. Digitizing your business means automating most tasks required to run a business’ payment systems and integrating them with modern digital technology, saving valuable time, effort, and cost.

Automation 52

Automation Payments Transactions Duplicate 52

National Merchants Association

JUNE 30, 2022

Digital solutions such as automation and payment integration have become a necessary part of managing business transactions seamlessly. Digitizing your business means automating most tasks required to run a business’ payment systems and integrating them with modern digital technology, saving valuable time, effort, and cost.

Automation 52

Automation Payments Transactions Duplicate 52

Nanonets

JUNE 25, 2024

Companies without automation spend $6.30 per invoice , while automated counterparts pay just $1.45. That's right— automation could save you nearly 77% per invoice! This guide will walk you through the process of invoice coding, how to automate it, and the best practices. But it's beyond just cost.

Automation 52

Automation Payment APIs and Integration Rules Process 52

PYMNTS

DECEMBER 16, 2016

Though many financial institutions recognize the opportunity to help middle-market businesses automate their AP payments, they have not been able to fully capitalize on the opportunity. Here the elusive payments opportunity meets or, in fact, doesn’t meet, the elusive audience: accounts payable automation for middle-market firms.

Automation 61

Automation Payment APIs and Integration Process Checks 61

Stax

MARCH 4, 2025

TL;DR Online payments rely on API or hosted gateways with encryption and fraud detection, while in-store transactions require POS hardware with EMV chip technology and NFC capabilities. For enhanced security, it uses EMV (Europay, Mastercard, and Visa) chip technology and contactless payments, like Apple Pay and Google Pay.

Credit Cards 88

Credit Cards Payment APIs and Integration Payment Gateways Gateways 88