Nanonets

AUGUST 1, 2023

With the advent of automation tools, businesses are now leveraging automation to better manage their document workflows. In this article, we will define and explore the role of automation in document workflow management. What is document workflow automation? Two-way and Three-way matches are performed.

Automation 40

Automation Payment APIs and Integration Audit Rules 40

Trade Credit & Liquidity Management

MAY 29, 2025

Integrate with ERP and Automation Tools: Ensure e-invoicing software integrates seamlessly with existing ERP systems and automates invoice validation, data accuracy checks, and compliance workflows. Automation reduces manual errors, speeds processing, and helps keep up with changing regulations. In Summary.

ISO 20022 52

ISO 20022 ISOs Compliance Cross-Border 52

The Paypers

MARCH 17, 2021

Nordea Bank has selected risk and regulatory reporting solutions provider AxiomSL to support the bank’s risk and regulatory reporting requirements in Finland, Sweden, Denmark, and Norway.

Risk 41

Risk Automation Reporting Requirements 41

Finovate

FEBRUARY 21, 2024

-based reconciliation and reporting platform Kani has forged a strategic partnership with Pismo, an issuer processor and core banking platform headquartered in Brazil. The pact will make Kani’s SaaS platform available to Pismo’s clientele of banks, marketplaces, and fintechs. Kani made its Finovate debut at FinovateSpring 2023.

Reconciliation 69

Reconciliation Payments APACS Automation 69

The Fintech Times

JANUARY 25, 2024

The majority of banking institutions feel they are not well enough equipped to accommodate any further regulatory change from an internal processes perspective; according to AutoRek , a fintech looking to set new standards in financial data automation.

Process 64

Process Audit Regulatory Compliance Consulting 64

Fintech Finance

MAY 21, 2024

The partnership will combine accounts payable (AP) expertise to accelerate automation and finance transformation. E-invoicing is increasingly taking priority within CFO departments alongside e-reporting requirements from local governments or tax authorities.

Automation 52

Automation Duplicate Best Practices Finance 52

FloQast

JANUARY 22, 2025

Disjointed Point Solutions Cause Headaches When accounting departments embrace automation and technology, they often take a piecemeal approach. Regulatory Complexity and Increased Reporting Requirements Put a Strain on Resources Regulatory requirements are constantly evolving, and reporting requirements are becoming increasingly complex.

Accounts 52

Accounts AI Automation Audit 52

Fintech Review

JUNE 12, 2024

This automation reduces the time and effort required for claims processing, improving customer satisfaction and operational efficiency. This includes ensuring data privacy and security, adhering to underwriting guidelines, and meeting reporting requirements.

Risk Assessment 96

Risk Assessment Regulatory Compliance Assessments Risk Management 96

The Finance Weekly

OCTOBER 31, 2021

Financial planning for NPOs can be difficult, as certain issues will present unique challenges to you, such as specific reporting requirements. If you have a lot of funders, this may imply hundreds of monthly, quarterly, and annual reports, which you'll have to automate unless you want to spend hours on low-value tasks.

Audit 130

Audit Accounts Finance Compliance 130

CB Insights

NOVEMBER 11, 2022

ESG reporting requirements. Meanwhile, Switzerland-based Ledgy , which raised $23M in a Series B, enables startups and investors to automate and manage equity activities across international environments. ESG REPORTING REQUIREMENTS. Trade analytics and execution. EQUITY MANAGEMENT PRACTICES.

API 66

API Reporting Requirements Embedded Finance Laws 66

The Fintech Times

SEPTEMBER 18, 2024

AutoRek , the Glasgow-based reconciliation and financial data management platform, has partnered with Capgemini , the consulting and digital transformation firm, to ensure it remains ahead of reporting requirements for clients as well as complying with regulatory changes.

Reconciliation 59

Reconciliation Payment Reconciliation Consulting Cash Management 59

PYMNTS

FEBRUARY 20, 2020

The acquisition will help to strengthen insightsoftware’s presence around the world and bolster its customer based by “ building on its strategy to deliver market-leading solutions that automate and simplify the complex financial and operational reporting requirements of the Office of the CFO,” the release said.

Acquirers 52

Acquirers CHIPS Automation Reporting Requirements 52

PYMNTS

JUNE 14, 2017

TMF Group dubbed its tax enforcement policy as “aggressive,” while high data reporting requirements and investments in electronic reporting solutions are likely to make the country even more complex, the report predicted.

Regulatory Compliance 58

Regulatory Compliance Compliance On-Demand Regulations 58

FloQast

MARCH 21, 2024

By smartly leveraging technology and automation, companies can reduce expenses while maintaining—or even enhancing—the efficiency and effectiveness of their compliance programs. Auditors can analyze larger data sets with automation and data analytics tools, identifying and focusing on outliers and irregular data patterns.

Compliance 52

Compliance Audit Automation Risk Assessment 52

PYMNTS

JANUARY 3, 2020

Georgia stands ready to lower its remote seller sales threshold and eliminate some reporting requirements as of January 2020. Others are moving into more complex scenarios, such as reporting transactions, or collecting taxes on the behalf of sellers. All of this is content, and content can be automated” by firms like Avalara.

Posting 53

Posting Cross-Border Compliance Facilitators 53

Fintech Finance

SEPTEMBER 18, 2024

This will empower AutoRek to be at the forefront of regulatory changes and reporting requirements for clients. AutoRek and Capgemini have signed a new agreement that will see Capgemini become AutoRek’s first strategic professional services and technology partner.

Reconciliation 52

Reconciliation Payment Reconciliation Cash Management Agreements 52

Nanonets

OCTOBER 15, 2023

Stripe provides a powerful solution through Stripe Sigma, allowing for highly customizable reports and deep insights into payment data. It offers real-time data and is known for its developer-friendly approach, making it ideal for businesses with complex reporting requirements or those that need to create custom analytics solutions.

PayPal 52

PayPal Payment APIs and Integration Wire Transfer Processors 52

EBizCharge

SEPTEMBER 6, 2024

Here’s a simplified step-by-step overview of how integrated accounting often works: Data input: Financial data is entered into the system through automated data feeds or manual entry. By automating tax calculations, businesses reduce the risk of errors that can lead to costly penalties and audits.

Accounts 52

Accounts CRM Automation Audit 52

Nanonets

APRIL 2, 2024

Compliance with Regulations: In today's regulatory environment, adherence to financial regulations and reporting requirements is non-negotiable. Approval Automation: From data entry to approval, Nanonets automates the entire account reconciliation process.

Reconciliation 52

Reconciliation Adjustments Automation Regulatory Compliance 52

PYMNTS

DECEMBER 17, 2018

Australian challenger bank Judo Capital has chosen VERMEG , a leading banking and insurance software solution company, to meet its Australian Prudential Regulation Authority (APRA) reporting requirements as it pursues its full banking license. “Regulatory reporting is an essential function for Judo.

Compliance 46

Compliance Regulatory Compliance Authorization On-Demand 46

Fintech Finance

MARCH 7, 2024

Automated processes to enable effective cash and liquidity management As a leading digital payment and digital banking solutions provider, FOMO Pay empowers merchants and financial institutions worldwide by facilitating seamless transactions in both fiat and digital payment tokens.

Treasury 52

Treasury Compliance Cash Management SWIFT 52

Nanonets

NOVEMBER 29, 2023

Enter the age of workflow automation, exemplified by platforms like Nanonets Workflows. These tools are revolutionizing how businesses handle automated and almost touch-less document approvals by automating the flow of documents through predefined processes.

Automation 52

Automation Legal Compliance Process 52

The Fintech Times

SEPTEMBER 4, 2024

Guy Mettrick , industry vice president at process automation platform Appian , discusses the impact incoming regulatory rules could have. Regular resilience testing and reporting further strain resources. ” Preparing for DORA Meanwhile, firms in the European Union have a different challenge to consider altogether.

Compliance 64

Compliance Rules Regulations Laws 64

Nanonets

SEPTEMBER 21, 2023

To overcome this problem, businesses should prioritize data accuracy and implement robust ERP solutions that automate data entry and reconciliation processes. By utilizing advanced  software , businesses can minimize material errors, ensuring accurate financial reporting.

Accounts 52

Accounts Audit Payroll Compliance 52

FloQast

MAY 7, 2024

Automated checklist tools offer a significant advantage here: changes to the list can be made instantly, everyone can be notified of delays, and responsibilities or deadlines can be adjusted in a matter of clicks. We no longer fear the audit or the additional work needed for preparation because FloQast has already taken care of it.

Reconciliation 52

Reconciliation Audit Automation Accounts 52

Nanonets

SEPTEMBER 25, 2024

As technology advances, many organisations are turning to artificial intelligence and machine learning solutions to automate the lease abstraction process.  Thanks to the rise of lease abstraction software and AI-based or automated document processing tools, what once took hours can now be done in just a few clicks.

Indemnification 52

Indemnification Automation Payment APIs and Integration AI 52

Nanonets

JUNE 29, 2023

The advent of technology has brought forth a range of expense management software solutions that streamline and automate expense reporting processes. Expense management software automates and digitizes the expense reporting process, eliminating the need for manual data entry and paper-based receipts.

Payment APIs and Integration 52

Payment APIs and Integration Automation Credit Cards Online and Mobile Banking 52

PYMNTS

FEBRUARY 15, 2018

Bank knowingly breached the Bank Secrecy Act’s reporting requirements by not creating and implementing a good enough anti-money laundering (AML) program. The bank was charged with failing to flag suspicious activity and inadequately reporting currency transactions. “ Since 2011, FinCEN claimed U.S. Banks in the U.S.

Money Laundering 43

Money Laundering Fincen Office of the Comptroller of the Currency Settlement 43

Nanonets

FEBRUARY 15, 2024

AI-based invoice data capture uses artificial intelligence (AI) technologies to automate and enhance extracting relevant information from invoices. Automation of Workflows: AI can be integrated into end-to-end invoice processing workflows, automating tasks such as data extraction, validation, and even initiating approval processes.

AI 52

AI Automation Process Mitigation 52

Nanonets

SEPTEMBER 23, 2023

By replacing traditional manual methods with automated systems, accounting software saves time, reduces the risk of errors, and provides valuable insights into financial transactions. One of the key advantages of accounting software is task automation. Accounting software improves organization and accessibility of financial data.

Small Business 52

Small Business Accounts Automation Compliance 52

Nanonets

AUGUST 2, 2023

Electronic Export Information (EEI) is a declaration form businesses must file with the US Census Bureau to report and track international exports. Source: AESDirect Walkthrough Series It is usually filed through the Automated Export System (AES), an online platform allowing exporters to submit and update their EEI. What is AES?

Automation 52

Automation Regulations Compliance Legal 52

Nanonets

MAY 7, 2024

We will also uncover how cutting-edge automation solutions such as Nanonets can revolutionise the expense reconciliation process, unlocking newfound efficiencies and insights for businesses of all sizes. Automated reconciliation offers increased efficiency, accuracy, and scalability compared to manual methods.

Reconciliation 52

Reconciliation Best Practices Credit Cards Compliance 52

PYMNTS

SEPTEMBER 28, 2020

They also need to collect and verify vendors’ details to comply with anti-crime regulations, adhere to tax reporting requirements and deliver convenient digital payments to these suppliers. Corporate buyers must gather data to ensure that potential suppliers can meet their procurement needs, but their research does not stop there.

Enrollments 66

Enrollments Crime B2B Money Laundering 66

FloQast

OCTOBER 27, 2023

Changing nature of business : Because of the changing nature of business and the business environment, compliance officers deal with more complex supply and distribution channels, increasing sophistication of fraud, and a complex labyrinth of laws and reporting requirements.

Compliance 52

Compliance Best Practices Mitigation Procedures 52

Fintech Finance

JUNE 6, 2024

Moreover, different payment norms, currencies and systems exist in different jurisdictions as well as different accounting and reporting requirements. The Workflow Designer uses no-code technology and can increase control and efficiency with fully automated and customisable approval steps.

Accounts 52

Accounts Reconciliation Compromise Finance 52

Nanonets

JANUARY 17, 2024

InnovateX introduced automated expense approval workflows and anomaly detection. Regulatory Compliance – Don’t Mess with The Law : Automated expense management ensures that you're always on the right side of the law, avoiding costly legal pitfalls. Use an automated payment schedule - or pay on your own terms.

Payment APIs and Integration 52

Payment APIs and Integration Compliance Automation Audit 52

FICO

MAY 25, 2017

In order to facilitate the exchange of information required, many financial institutions will need to enhance their tax compliance methods. By adopting an automated compliance process , banks will be able to implement the various identification, classification and reporting requirements in a way that is future-proof.”.

APACS 40

APACS Authorization Compliance Reporting Requirements 40