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Optimizing Expense Workflows by Detecting Duplicate Receipts

Nanonets

However, one challenge that organizations often encounter is the presence of duplicate receipts. These duplicates can lead to errors in reimbursement calculations, compliance concerns, and inefficient use of resources. What are Duplicate Receipts? How to Prevent Receipt Duplication?

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Guide to Confront Cash Flow Management Challenges

The Finance Weekly

A spreadsheet is not a database, it is a personal productivity tool. Modern database platforms with their own calculation engine separates data from a structure in an integrated business model, and it models the relationships between the structures (e.g. Even the most sophisticated cash flow spreadsheet is no more than a prototype.

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Burying Common Financial Reporting Horrors in the Finance Graveyard

The Finance Weekly

By implementing a financial reporting solution you will be able to connect your source systems to one central database and , automatically consolidates your data into a single location. Duplicate data entry is a tedious, error-prone, time-consuming, increasingly difficult to manage, and outright expensive process.

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How FinTech Startups Scale Servers On Demand

PYMNTS

However, FinTech startups can still face challenges with scaling their databases. For that reason, DadeSystems has multiple read replicas that are duplicates of the production database made in real time. In addition, the company can add customers to its platform without having to worry about adding more servers.

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Blockchain Gets A Nod In The Isle Of Man

PYMNTS

According to CCN, and quoting Nikkei Asian Review , the three banks said that the project was a duplication of their own efforts on a bank-by-bank basis. The startup uses sharding to break databases into units, and to help with scaling issues that typically are the hallmarks of blockchain.

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Marriott: Data Breach Hits 500M Starwood Guests

PYMNTS

30) that as many as 500 million guests’ data was accessed, tied to a breach of the Starwood hotel guest reservation database. In what may be among the largest data breaches in history, Marriott International said Friday morning (Nov. The company also stated that credit card data may have been compromised even though it had been encrypted.

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Multinational’s Next Data Challenge: Know Your Vendor

PYMNTS

But for multinational firms with troves of supplier data, managing the information and ensuring its accuracy is a growing headache – especially as more businesses find that their vendor data is filled with duplicates, errors and even business partners that are exposing firms to legal risks. The company will sometimes go by W.W.