Nanonets

SEPTEMBER 25, 2024

For businesses processing thousands of bank statements daily—from insurance companies to financial institutions, bank statement processing presents a challenge and an even bigger opportunity for automation. In this article, we’ll explore applications of AI and automation for bank statement processing.

Process 52

Process AI Best Practices Reconciliation 52

Nanonets

JUNE 19, 2023

Automated data extraction using Nanonets Get Started Schedule a Demo Copy and paste Giphy A copy & paste approach is the most practical option when dealing with a small number of simple PDF documents. Data entry automation & automated data extraction solutions are therefore becoming more popular.

Automation 98

Automation Online and Mobile Banking Use Case XML 98

FICO

JUNE 5, 2017

XML files, Excel spreadsheets, weblogs) is inherently complex since it may contain a wide range of content on a broad array of topics. Facilitating engineering, deployment, management and regulatory compliance: While text and the process of analyzing it can be quite complex, the results need to be simple to understand and use.

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Nanonets

APRIL 16, 2023

PO Matching is the process of connecting a purchase order (PO) issued by a client indicating types, quantities, and agreed prices for products/services to the invoice issued by a vendor for it's delivery. The goal of PO matching is to ensure timely vendor payments, correct accounting of costs and easy detection of fraudulent practices.

Automation 52

Automation AI Duplicate Accounts 52

Nanonets

JUNE 12, 2023

OCR software that leverage AI/ML capabilities can also help automate data capture from scanned documents/images. Scanning & processing documents such as invoices, receipts, and images for valuable data has traditionally been a manual process fraught with errors and delays.

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Nanonets

MAY 28, 2023

Businesses often end up having to manually rename PDF files; an extremely time-consuming, error-prone & inefficient process. So is there an efficient/automated way to reorganize PDF names based on their content or metadata? While these solutions do a decent job, they are not automated in the true sense. Sign up on Nanonets.

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Nanonets

JUNE 3, 2024

Traditionally, data extraction was a manual, time-consuming process. Imagine teams spending hours sifting through documents, keying in information – a process prone to errors and inconsistencies. AI has revolutionized processes in numerous industries, and data extraction and processing is no different.

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Nanonets

SEPTEMBER 23, 2023

WebMethods Designer  plays a crucial role in  converting flat file data  into JSON or XML. Converting flat file data  into JSON or XML is a crucial step in the integration process. Converting flat file data  into JSON or XML is possible using webMethods Designer.

XML 52

XML API Process Facilitators 52

Nanonets

JUNE 19, 2023

Nanonets no code automated PDF table extractor How to Extract Tables from PDF using Nanonets Nanonets Documentation 2. Provides a blitz-scaling, modern UI that processes documents up to 10 times faster than other software. Supports batch processing of multiple documents. Doesn’t support batch document processing.

XML 52

XML Use Case API Rules 52

Nanonets

APRIL 24, 2023

Banks must convert physical customer records into a manipulatable digital form, and the customer and business bank customers must extract data from bank statements and other such documents for other financial processing operations. Zonal and AI-enabled OCRs can hasten the process and eliminate the occurrence of errors. What is OCR?

XML 52

XML Non-Bank Automation Checks 52

Nanonets

APRIL 17, 2023

Nanonets - Enterprise Document Processing Platform Nanonets is an AI-based intelligent document processing platform with powerful OCR software and a no-code workflow management platform. It is a perfect option for businesses of all sizes looking to optimize their document processes.

Automation 52

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PYMNTS

MAY 28, 2019

In addition, adopting a digital accounts payable platform can streamline operations, as well as open access to digital data for analytical and process automation purposes. However, to take a strategic approach to AP process efficiency, organizations must go back to the beginning of the accounts payable chain of command.

Payments 59

Payments XML Accounts Automation 59

Nanonets

MARCH 20, 2023

Web scraping is the process of extracting data from websites. Selenium is an open-source web development tool used to automate web browsing functions. Selenium web scraping refers to using the Selenium browser automation tool with Python to extract data from websites. ‌ Scrape webpage now What is Selenium Web Scraping?

XML 52

XML Wires Wire Automation 52

Nanonets

JULY 29, 2024

Payslip OCR is a technology that automates text extraction from physical or scanned payslips and converts them into a machine-readable format.  OCR is primarily used in payslip processing to classify payslips, extract key value information from salary slips, and convert scanned pay slips into digital formats.

Payment APIs and Integration 52

Payment APIs and Integration Payroll Automation API 52

Nanonets

MARCH 20, 2023

Automated accounts payable software can efficiently manage large volumes of financial transactions between a company and its suppliers, while also automating ancillary activities such as approvals and payments. A company’s choice of AP automation software depends upon its features and the specific needs of the company.  

Accounts 52

Accounts Payment APIs and Integration Multi-Currency Automation 52

Nanonets

APRIL 20, 2023

Nanonets are primarily used to automate all manual data entry processes. So, using Nanonets, you can automate data extraction , document processing , and document verification processes to improve efficiency. It is a perfect option for businesses of all sizes looking to optimize their image to text processes.

XML 52

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Nanonets

SEPTEMBER 12, 2023

Kofax, a well-known player in the Intelligent Automation industry, has been a go-to choice for businesses seeking document capture, workflow management, and Robotic Process Automation (RPA) solutions. This feature ensures accurate and automated data entry, reducing the need for manual data handling and minimizing errors.

Automation 52

Automation Payment APIs and Integration Process AI 52

Nanonets

OCTOBER 16, 2024

However, the real challenge lies not in having this data, but in effectively extracting, processing, and utilising it. Intelligent Data Extraction is an automated process of accurately identifying and extracting relevant data points from documents leveraging modern-day technology. What is Intelligent Data Extraction?

Automation 52

Automation Compliance Process Legal 52

Nanonets

MAY 7, 2024

Without an effective lead-generation process, any business cannot grow and sustain for long. Since the scraping is done through automated workflows, this method requires little manual effort and can ensure that the data is always up to date. The Lead Scraping Process The lead scraping process consists of 4 main steps.

Database 52

Database Automation CRM Use Case 52

M2P Fintech

JUNE 16, 2023

Fixing a critical bug in your code can save the integrity of your project. What is equally important is continuously improving the quality of the code, testing, and automating it for new release. xml version=”1.0″ Continuous Integration is the practice of merging code changes to a shared repository many times a day.

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Automation XML Continuity Process 52

Nanonets

OCTOBER 3, 2023

Open a text editor or word processing software (e.g., Start the conversion process and wait for the software to extract the text from the PDF file. However, they provide little-to-no automation capabilities for routine or complex text-extraction processes. Eliminate bottlenecks created by manual text extraction processes.

XML 52

XML Automation Use Case AI 52

PYMNTS

JANUARY 13, 2021

This is critical in areas like accounts payable and accounts receivable, in which paper-based purchase orders and invoices can not only demand significant amounts of time to process, but can also be quite expensive, according to Sundelin. "If that have the leverage to require EDI adoption from their supplier base.

Payment APIs and Integration 56

Payment APIs and Integration XML Facilitators B2B 56

Nanonets

APRIL 18, 2023

Invoice Reader Software The evolution of invoice readers The era of filing and processing paper invoices, in which all physical invoices are manually analysed, the data written by hand into large ledgers and balanced, is long gone. Today, even small-scale businesses have some form of digital invoice processing system.

Automation 52

Automation AI Data Security XML 52

Nanonets

MAY 20, 2024

Web scraping is the process of retrieving or extracting unstructured data from websites and storing it in a structured format. Manually copy and paste data from a website to Excel Using an automated web scraping tool Using Excel VBA Using Excel Power Queries Web scraping with Python #1. What is web scraping?

Automation 59

Automation Use Case Database Legal 59

Nanonets

FEBRUARY 15, 2024

  Click on "Recognize Text" to start the OCR process. So, if you have many files to process, it can get tedious. Using Nanonets' PDF OCR Nanonets is an AI-powered document processing solution that offers advanced OCR capabilities. It can even process entire folders and hundreds of PDFs in one go.

AI 52

AI XML Process Automation 52

Nanonets

FEBRUARY 28, 2024

OCR software that leverage AI/ML capabilities can also help automate data capture from scanned documents/images. AI-based document processing can digitize the data in convenient, editable formats that fit into organizational workflows. Automate manual data entry using Nanonet's AI-based OCR software.

Automation 52

Automation Use Case API AI 52

Nanonets

FEBRUARY 7, 2024

OCR software that leverage AI/ML capabilities can also help automate data capture from scanned documents/images. AI-based document processing can digitize the data in convenient, editable formats that fit into organizational workflows. Traditionally, this has been done manually which is a heavily error-prone process.

Automation 52

Automation Use Case API AI 52

Nanonets

SEPTEMBER 25, 2024

Lease abstraction is a critical process in the real estate and property management industries, involving the extraction of key information from lengthy and complex lease documents. As technology advances, many organisations are turning to artificial intelligence and machine learning solutions to automate the lease abstraction process. 

Indemnification 52

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Nanonets

MAY 10, 2024

However, web scraping can make price monitoring a very simple process. In addition, advanced web scraping tools can be automated to run regularly, ensuring you always have updated prices. Advanced web scraping tools, like Nanonets, can automate workflows to ensure the latest information is always available.

Research 52

Research Use Case Automation Legal 52

Nanonets

FEBRUARY 19, 2024

OCR software that leverage AI/ML capabilities can also help automate data capture from scanned documents/images. AI-based document processing can digitize the data in convenient, editable formats that fit into organizational workflows. Automate manual data entry using Nanonet's AI-based OCR software.

Automation 52

Automation Use Case API AI 52

Nanonets

FEBRUARY 26, 2024

It allows them to automate the extraction and interpretation of text from images, invoices, receipts, and other documents. Automate manual data entry using Nanonet's AI-based OCR software. Capture data from documents instantly and automate data workflows. Reduce turn around times and eliminate manual effort.

Accounts 52

Accounts Payment APIs and Integration Automation Multi-Currency 52

Nanonets

MARCH 14, 2024

This verification process is called 2-way matching. Recap of the Procurement Process Before understanding 2-way matching, let’s quickly recap how procurement works in a business setting. Now that the invoice have been obtained, the matching process is performed by the accounts payable team at ABC. What is 2-way matching?

Payment APIs and Integration 52

Payment APIs and Integration Automation Correspondent Checks 52

Nanonets

MAY 23, 2023

You will also learn how Nanonets can automate the entire workflow of converting PDF to Google Sheets online. At the same time, a large number of companies have also started using Google Sheets integrations to automate tasks. Or find out how to automate your entire PDF to Google Sheets workflow with Nanonets.

API 52

API Automation Database Checks 52

Nanonets

APRIL 30, 2024

Web scraping is the process of extracting data from websites and storing it in a form useful for your business. The web scraping process The web scraping process follows a set of common principles across all tools and use cases. This can be done manually or can be automated with the help of advanced web scraping tools.

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Use Case Automation Database Legal 59

Nanonets

SEPTEMBER 21, 2023

This software ensures compliance with  CFDI requirements  and streamlines the invoicing process for organizations operating in Mexico. The XML file is then digitally signed using a digital certificate provided by an authorized PAC (digital signature service provider). CFDI Process Summary 1.

XML 40

XML Compliance Authorization Legal 40

Nanonets

FEBRUARY 8, 2024

This comprehensive guide will walk you through different methods to copy various types of content from PDF files, making the extraction process faster and more efficient. For example, processing vendor contracts and extracting key terms and clauses from hundreds of PDFs can be tedious and time-consuming.

Automation 52

Automation Process XML AI 52

Nanonets

MAY 17, 2024

Try Nanonets for free and automate data extraction in 15 minutes. Definition of data extraction  Data extraction is the process of retrieving data from a source into a structured format for further analysis. Data extraction has important use cases across industries and can help streamline and automate many business processes.

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