Segpay

DECEMBER 13, 2024

In identity management, this right is challenging, particularly if a users information is stored in various authentication databases. Organizations must establish procedures for secure and compliant data deletion without compromising system integrity. How can organizations learn more about data privacy best practices?

Privacy 105

Privacy Compliance CCPA Authentication 105

Stax

JANUARY 8, 2024

To establish an effective risk management program as a PayFac, you must establish a dedicated risk management team, utilize the right tools and technology, develop proper risk management policies and procedures, conduct regular risk audits, and stay up-to-date with the latest industry regulations.

Risk Management 88

Risk Management Risk Money Laundering Mitigation 88

Nanonets

SEPTEMBER 25, 2024

We'll also guide you through setting up an efficient bank statement processing system and share best practices to transform this data flood into a strategic asset. 💡 Best practices:  1.   💡 Best practices:  1. 💡 Best practices:  1.

Process 52

Process AI Best Practices Reconciliation 52

Nanonets

JULY 10, 2024

An example of key-value pair extraction KVPs are the building blocks of many data structures and databases. Before the accuracy of deep learning meets the needs of the markets for such tasks, OCRs are performed with the following procedure: Database creation : First, we build a vast library of known characters and symbols.

Database 74

Database Process Use Case Correspondent 74

Trade Credit & Liquidity Management

MAY 27, 2025

Even when not legally mandated, there are many benefits for trade creditors to adopt KYC procedures as a risk management best practice, especially when dealing with high-value or international transactions. Obtain and review information from reporting agencies or relevant public databases.

Due Diligence 52

Due Diligence OFAC Compliance Fincen 52

Nanonets

SEPTEMBER 22, 2023

Accounts receivable refers to the money owed to a company by its customers for purchases made on credit, and managing this process involves tracking unpaid invoices, monitoring payments, and implementing best practices for effective  accounts receivable management.

Accounts 52

Accounts Best Practices Automation Procedures 52

Nanonets

DECEMBER 22, 2023

This also helps provide a forcing function to iteratively review standardized documentation like employee handbooks and standard operating procedures (SOP), ultimately improving your operational processes. Document and lifecycle management systems and review tools to ensure you’re not stockpiling state, out-of-date, and unused files.

Best Practices 52

Best Practices Risk Security Compliance 52

Basis Theory

OCTOBER 1, 2024

Whether that is collecting credit card numbers to transmit with a payment gateway, placing details into a shared customer relationship management system, or storing card numbers in an encrypted database—all of this sensitive information must be protected according to the specifics of the PCI-DSS standard.

PCI DSS 88

PCI DSS Encryption Compliance Assessments 88

EBizCharge

MAY 14, 2024

Automated billing systems work by integrating with a company’s existing financial and customer databases and their accounting software. Improved accuracy Automated billing software is programmed to follow predefined rules and procedures consistently, minimizing the risk of human error inherent in manual billing processes.

Automation 52

Automation Payment APIs and Integration Best Practices Online and Mobile Banking 52

Nanonets

MAY 8, 2023

Verify Vendor details: If you want to verify vendor names by matching them in your existing database, you can do so using the following conditions. Given below are some best practices to follow when using an approval workflow. Identifying redundancies in the workflows for an optimized approval procedure.

Process 52

Process Automation Checks Rules 52

Nanonets

JUNE 19, 2023

Database Management System: A database management system (DBMS) is a crucial component in on-premise automation. This includes regular backups of automation configurations, data, and system settings, as well as establishing recovery plans and procedures to minimize downtime and data loss in the event of system failures or disasters.

Automation 52

Automation Disaster Recovery Process Security 52

Nanonets

JULY 13, 2023

In this blog post, we will delve into the world of duplicate receipt detection with OCR software, exploring its benefits and best practices. Clarification and Education Reinforce the proper procedure for submitting receipts and highlight any specific guidelines to prevent future mistakes. What are Duplicate Receipts?

Duplicate 52

Duplicate Audit Process Rules 52

Nanonets

SEPTEMBER 21, 2023

Proactive vendor communication, prompt invoice capturing, and batch invoice  payment processing  are best practices for efficient accounts payable management. These systems can extract relevant information from invoices, such as due dates and payment amounts, and automatically organize them in a centralized database.

Accounts 40

Accounts Best Practices Automation Reconciliation 40

Nanonets

AUGUST 8, 2024

We'll also walk you through the critical steps in the annotation process and share expert tips and best practices to help you avoid common pitfalls. Techniques and best practices for annotating LLM data If the data is not annotated correctly or consistently, it may cause significant issues in model performance and reliability.

AI 52

AI Automation Process Best Practices 52

Nanonets

JUNE 19, 2024

💡 P2P Software these days come with comprehensive integrations to create automated workflows across your apps and databases involved in the P2P cycle. It should outline all the rules, procedures, and guidelines for purchasing activities within your organization. 🚀 Ready to leave manual P2P processes in the dust? Book

P2P 52

P2P Automation Rules Process 52

Nanonets

MAY 16, 2024

💡 P2P Software these days come with comprehensive integrations to create automated workflows across your apps and databases involved in the P2P cycle. It should outline all the rules, procedures, and guidelines for purchasing activities within your organization. 🚀 Ready to leave manual P2P processes in the dust? Book

P2P 52

P2P Automation Rules Process 52

Nanonets

JUNE 25, 2024

This guide will walk you through the process of invoice coding, how to automate it, and the best practices. With Nanonets, you can automate 3-way matching by setting up database matching as part of your validation rules. Train your AP team thoroughly, emphasizing exception handling and correction procedures.

Automation 52

Automation Payment APIs and Integration Rules Process 52

Nanonets

MARCH 28, 2023

It first identifies each character in the image, then compares it to a database of known characters to determine its identity. Best Practices for Efficient Document OCR Processes To ensure efficient document OCR processes, it is vital to follow certain recommended practices.

Process 52

Process Automation Use Case Legal 52

Nanonets

AUGUST 20, 2023

Manufacturing Industry RPA tools are widely adopted in the manufacturing industry to streamline supply chain procedures. It integrates well with various applications, databases, APIs, and legacy systems, allowing seamless automation within existing IT ecosystems.

Bots 52

Bots Automation API Process 52

Nanonets

FEBRUARY 28, 2024

The data reconciliation process is an intricate procedure designed to ensure data accuracy and consistency across various sources within an organization. How does it work? It plays a critical role in maintaining the integrity of business operations and decision-making. The aim is to consolidate all relevant data in preparation for analysis.

Reconciliation 52

Reconciliation Process Audit Compliance 52

Nanonets

JULY 21, 2023

Once approved, the reconciled data is securely stored in a centralized database, ensuring an auditable trail. With its powerful matching engine, ReconArt efficiently processes large volumes of data in various file formats, making it a best-practice SaaS solution.

Reconciliation 52

Reconciliation Payment APIs and Integration Online and Mobile Banking Automation 52

CB Insights

JULY 23, 2020

As a building’s first point of contact — and first line of defense — entrances and lobbies are poised for a revamp in policies and procedures when it comes to fighting the spread of Covid-19. Second, building up a database of employee health patterns could help companies identify any opportunities to improve broader employee well-being.

Posting 101

Posting Cybersecurity Returns Online and Mobile Banking 101