Remove Automation Remove Process Remove Reconciliation
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Modulr Acquires Accounts Payable Automation Disruptor Nook

Fintech Finance

Modulr , the embedded payments platform, today announces its acquisition of Nook , an innovative disruptor in accounts payable (AP) automation. Security and efficiency remain central to both platforms, with features such as Confirmation of Payee (CoP) to validate account details in real-time, helping prevent fraud across payment processes.

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Accelerating All Stages of the Insurance Process: Edenred Payment Solutions Launches VCN Product

The Fintech Times

This will be greatly appreciated by the industry as according to research from Sollers Consulting and Ipsos , 63 per cent of UK customers consider a quick claims handling process as one of their top expectations from their insurer. Ultimately, the biggest benefit is speed and with the VCN, the entire claims process will be streamlined.

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What is Reconciliation in Payments

Clearly Payments

In payments and finance, one of the most important activities that businesses perform is reconciliation. While it may sound like a complex term, reconciliation is simply the process of making sure that two sets of financial records match. What is Reconciliation? At its core, reconciliation is a comparison process.

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Finance Teams: Stop Wasting Time on Manual Account Reconciliation & Automate

The Finance Weekly

Account reconciliation is the matching and validating of balances in the general ledger (GL) to internal and external sources or other independent calculations to accurately close month-ends and year-ends. Defining Account Reconciliation The basic steps involved in reconciliation transactions include the following: 1.

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Payment Reconciliation: Process, Challenges, and How to Automate It

Basis Theory

Learn what payment reconciliation means to different industries, and how automation can make life easier for finance teams. Start reconciling better!

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Automating B2B payments can bring even more speed to reconciliation

Payments Source

For decades, automated check reconciliation stood out as the lone sanctuary for AR professionals. However, the advent of payment automation indicates that electronic payment reconciliation is more than capable of taking up the baton, says Nvoicepay's Kim Lockett.

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Aviva Partners with AutoRek for its Automated Reconciliation Solution

Finovate

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.