Remove Close Processes Remove Consumer Remove Duplicate
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Rocket to Acquire Redfin for $1.75 Billion

Finovate

Rocket anticipates that integrating Redfin’s home search and real estate agent network with its mortgage origination and servicing capabilities will offer users a more seamless experience, as Redfin will bring home search capabilities to Rocket’s mortgage financing and closing processes.

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How Curis Streamlined Their Close, Strengthened Compliance, and Saved Six Figures With FloQast

FloQast

Curis , a biopharmaceutical innovator based in Lexington, Massachusetts, faced challenges with their traditional, paper-heavy month-end Close process and compliance program. “I never want to manage a month-end Close again without FloQast,” Jake stated emphatically. .” This is where FloQast stepped in.

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The Accounts Payable 3 Way Match: An In-depth Guide

Nanonets

That's why finance teams are increasingly adopting a 3 way match of vendor invoices as an essential step of their accounts payable process. By 3 way matching supporting documents, companies can detect duplicate, erroneous, or fraudulent payments to vendors. This is vital for managing spend and cash outflow.

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A Complete Guide to BlackLine Account Reconciliation

Nanonets

This results in scattered files, versioning issues, the need to track down stakeholders for missing information, the generation of duplicate datasets, and more. Traditional manual reconciliation processes involving spreadsheets are error-prone, time-consuming, and lack comprehensive visibility.

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A Guide to Credit Card Reconciliation

Nanonets

With disparate data sources and improper expense tracking, the accounting team can trace the proof of expenses across multiple data sources, which can be very time-consuming. Investigate discrepancies: Reconciliation is a critical part of the financial close process to ensure the integrity of the business's finances.

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Accounting Department Transformation: A 2025 Blueprint

FloQast

Some of the main ones include: Traditional Processes are Outdated Many accounting departments still rely on manual, paper-based processes and spreadsheets. These old and outdated methods may get the job done, but theyre also: Time-consuming and inefficient, which can overburden your staff and lead to burnout. Error-prone.

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Comprehensive Guide to Account Reconciliation

Nanonets

Account reconciliation also helps improve transparency and visibility throughout the financial close process. It reduces the risk of misstatement, which hinders a faster financial close, which is critical for decision-making and stakeholders. Each transaction must be matched manually, which is time-consuming and tedious.