Fintech Weekly

JUNE 10, 2025

Without proper review, developers often introduce inconsistent logic, duplicate code, or small mistakes that balloon into major refactoring efforts later. Best Practices for Internal Code Reviews Even if you don’t engage a third-party provider right away, you can still implement a solid review framework internally.

Blockchain

Nanonets

OCTOBER 1, 2024

These can include checks for missing fields, mismatched amounts, duplicate invoices, incorrect tax calculations, and invalid vendor information. Configure settings to catch potential duplicate invoices and prevent double payments. The aim is to ensure accuracy and prevent errors or fraud before payment processing.

Best Practices

The Payments Association

MARCH 25, 2025

Without clear answers, duplicated work can lead to mistakes, disputes, and unnecessary delays. Compliance, security, fraud and risks, product, finance, and operations teams all need access to certain information from schemes but updates often get lost in complex distribution processes or fail to reach the right teams on time.

Compliance

Fi911

MAY 22, 2024

Duplicate Charges : If a payer is charged more than once for the same transaction, the duplicates can be reversed. Refunds usually occur when the payee agrees to return the funds, either due to a canceled order or a returned product. What is a Refund? If a buyer is intent on filing a chargeback, it is going to happen.

Payer

Nanonets

SEPTEMBER 23, 2023

Microsoft offers a range of ERP products designed to streamline business operations and improve overall efficiency. By leveraging Microsoft ERP solutions, businesses can enhance productivity, reduce costs, and make smarter strategic decisions. Implementing an ERP system offers numerous benefits to businesses.

Product

Clearly Payments

AUGUST 6, 2024

Product or Service Issues: Comprising 20% of chargebacks, these disputes arise from issues with the quality or delivery of products or services. Processing Errors: Making up 15% of chargebacks, these involve errors such as incorrect amounts or duplicate charges. Fraud: Unauthorized or fraudulent transactions.

Disputes

Nanonets

NOVEMBER 16, 2023

We’ll examine the different types of AP controls, accounts payable internal controls best practices, and how to manage AP controls in today’s digital landscape. There are many accounts payable internal controls best practices that every business should prioritize; let’s get into them.

Accounts

Nanonets

JUNE 21, 2023

This article will provide a comprehensive guide to reconciling payments, its importance, challenges faced, best practices, and the role of automation in enhancing the process. For example, let's consider a scenario where a company receives payments from multiple customers for its products or services.

Payment Reconciliation

Nanonets

SEPTEMBER 22, 2023

Implementing best practices, such as prioritizing invoices and establishing internal controls, can improve the accounts payable process. Implementing best practices is also crucial for optimizing accounts payable processes. Check for duplicate payments to minimize errors and unnecessary costs.

Accounts

Clearly Payments

JUNE 21, 2024

Card holders can initiate a chargeback becuase of fraudulent charges, or becuase of dissatisfaction with the products from the merchant. Friendly Fraud: Sometimes, the cardholder might make the purchase and then later claim it was unauthorized, either due to forgetfulness or an attempt to get the product or service for free.

Disputes

FloQast

OCTOBER 27, 2023

Need for relevant skills : There is an increasing need for compliance leaders to have skills such as data analytics, communications, product knowledge, technical understanding, and stakeholder management. Best Practices for Successful Compliance Management To implement an effective compliance management system, focus on best practices.

Compliance

Nanonets

MAY 7, 2024

Through this guide, we will define what expense reconciliation is, explore its significance to companies, the formal methods of going about it, as well as the challenges and best practices involved. Credit card reconciliation helps identify discrepancies such as fraudulent transactions, duplicate charges, or unauthorised expenses.

Reconciliation

Nanonets

MARCH 30, 2023

Common challenges include human error, time-consuming tasks, lack of transparency, security risks, and reduced productivity. Automating payment processes reduces the risk of errors, speeds up payment processing time, improves transparency, enhances security, and increases productivity. How does payment automation work?

Automation

Core

DECEMBER 11, 2023

In the latest Government Roundtable Series Webinar, CORE’s SVP of of Development—Alan Pyrz, SVP Development & Engineering—Justin Leapline, Founder at Episki—and Shash Cates, VP of Marketing at CORE, discuss frameworks for security and compliance, best practices for adopting AI, and limiting PCI scope for your organization.

Governance

Nanonets

MAY 20, 2024

In this guide, we'll explore best practices, real-world examples, and powerful tools to help you automate your data workflows and get more out of your data. Say goodbye to data entry errors, duplicates, and inconsistencies that can skew your analysis and lead to bad decisions. What is a data workflow?

Automation

Nanonets

MARCH 22, 2023

Enhanced efficiency and productivity Outsourcing your AP processes can help with faster invoice processing. Also, with AP processes being taken care of, your employees can focus on higher value tasks with increased efficiency leading to better productivity overall. This can help steer clear of missed invoices.

Accounts

Segpay

APRIL 16, 2024

This occurs when customers intentionally dispute legitimate transactions just to get a refund of their payment for products or services they did receive. To address this, merchants should strive to provide correct and detailed product descriptions, including images, size, and detailed specifications.

Disputes

EBizCharge

MAY 14, 2024

This integration allows the software to efficiently monitor service usage or product purchases and automatically trigger invoicing based on the predefined billing model and payment terms. Service/product tracking: It tracks the usage or purchase of products and services tied to each customer.

Automation

Nanonets

APRIL 8, 2024

ERP software, including Odoo ERP, is essential for business management because it unifies what would otherwise be siloed systems requiring duplicate manual data entry into a single database.    ERP software is designed with core accounting software and optional modules for business process functionality throughout your organization.

CRM

FICO

NOVEMBER 8, 2022

This is how the inefficiencies that increase costs and duplications that frustrate customers are created. Combatting First-Party and Synthetic Identity Fraud : Five best practices you need now. One of Matt’s many achievements include best-in-class recognition within several European countries.

Scams

Nanonets

SEPTEMBER 29, 2023

According to the American Productivity and Quality Center (APQC), the world’s top performing organizations receive an invoice and schedule payment in 2.8 This article will cover how vendor payments can be optimized, offering insights into the benefits and best practices, which can transform your organization's financial workflows.

Payments

Nanonets

MARCH 4, 2024

Duplicate Claims Employees submitting the same expense for reimbursement more than once. Employee Dissatisfaction and Morale Financial Strain on Employees Delays and inaccuracies can put a financial burden on employees, affecting their morale and productivity.

Process

PYMNTS

APRIL 22, 2016

It replaces the static data on a mag stripe with dynamic data on a chip, thereby making card duplication much harder and cutting down on counterfeiting and fraud at the point of sale. bitcoin , and same-day delivery of products). Look for processes and products where people say “we’ve always done it that way.” And since the U.S.

EMV

Nanonets

NOVEMBER 15, 2023

Additionally, the invoices must be matched with the corresponding purchase orders and goods receipts to avoid duplicate invoices, fraud, and errors. Moreover, integrations with your ERP or accounting software ensure that all financial data is synchronized and up-to-date, reducing the risk of inaccuracies and duplication.

Accounts

Nanonets

MAY 6, 2024

This results in scattered files, versioning issues, the need to track down stakeholders for missing information, the generation of duplicate datasets, and more. Familiarize users with the BlackLine platform, its features, and best practices for efficient reconciliation management.   What is BlackLine?  BlackLine

Reconciliation

Nanonets

FEBRUARY 6, 2024

Reconciliation helps remove duplicate entries and rectify errors. The complexity stems from the fact that there are many types of transactions - debt, equity, human resources, products, or services. After this, you can perform intercompany eliminations and remove the duplications. Best Practices in Intercompany Reconciliation 1.

Reconciliation

Nanonets

FEBRUARY 1, 2024

Lost Productivity: The average invoice processing time in a manual environment can reach as high as 45 days. From Compliance to Leadership : Finally, moving away from the time-consuming compliance checks, your team can now lead the way in best practices for financial governance. Successfully managing over 100,000 vendors.

Automation

Nanonets

JANUARY 17, 2024

Let's take a practical example. Imagine a mid-sized tech company, let's call it 'InnovateX' They’re doing well, growing fast, and their product is a hit. Best Practices Let's discuss how to get started thinking about and implementing expense management for your business.

Payment APIs and Integration

Nanonets

SEPTEMBER 21, 2023

Benefits of ERP for small businesses include streamlined operations, enhanced productivity, improved decision-making, and better customer service. This allows small businesses to automate manual processes, eliminate duplicate data entry, and reduce the risk of errors.

Small Business

Nanonets

JULY 21, 2023

SolveXia SolveXia is a no-code automation solution designed to optimize team productivity and automate financial close processes. Through its comprehensive automation capabilities, BlackLine empowers businesses to optimize their financial operations, streamline processes, and achieve greater productivity in their financial close activities.

Reconciliation

CB Insights

JULY 23, 2020

And because Covid-19 could become cyclical, the ongoing collection of employee health data could enable more targeted initiatives to improve the overall health of the workforce and, as a result, improve overall productivity. Improving air quality can enhance employee productivity and health. Source: Wellable. Get the full report.

Posting

EBizCharge

DECEMBER 4, 2024

Discrepancies can arise for numerous reasons, such as duplicate entries, forgotten transactions, or incorrect amounts. With these challenges in mind, following best practices for reconciling credit cards is vital. Staying up to date helps you avoid unexpected complications and enhance financial operations.

Reconciliation