Nanonets

MAY 7, 2024

This method is painstaking and involves matching each expense entry with the corresponding documentation—bills, invoices, purchase orders, cheques, bank statements and the likes—to identify discrepancies and errors. This process helps identify discrepancies such as missing transactions, bank errors, or unauthorised withdrawals.

Reconciliation 52

Reconciliation Best Practices Credit Cards Compliance 52

Nanonets

AUGUST 1, 2023

Data Validation and Verification: The extracted data is validated against predefined rules and matched with corresponding purchase orders and receipts to ensure accuracy and consistency. This audit trail serves as a record for compliance purposes, internal audits, and reporting requirements.

Automation 40

Automation Payment APIs and Integration Audit Rules 40

Nanonets

JUNE 29, 2023

Data Security and Compliance : Nanonets prioritizes data security and compliance. It employs industry-standard encryption and secure storage practices to protect sensitive financial information. With Nanonets, businesses can maintain compliance with data privacy regulations and internal security policies.

Payment APIs and Integration 52

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