Nanonets

NOVEMBER 10, 2024

Exports to multiple formats (Excel, CSV, JSON, XML) 7. Automated line item reconciliation 7. Parsing data means automatically extracting specific information (like invoice numbers, dates, amounts) from documents and converting it into structured, usable formats that can be used in other systems like spreadsheets or databases.

Automation

Nanonets

NOVEMBER 23, 2024

  This integration simplifies reconciliation, reduces manual data entry , and ensures financial records are up-to-date and accurate.  Xero integration: Creates draft transactions in Xero with attached source documents for easy reconciliation. Credit card integration: Syncs corporate card transactions for easy reconciliation.

Multi-Currency

Nanonets

SEPTEMBER 25, 2024

  Bank statement processing is essential for accurate reconciliation , auditing, and financial reporting. Reconciliation This step involves matching the extracted data with the company’s internal records. Fully automate the reconciliation process , including import and data matching.

Process

Nanonets

MARCH 20, 2023

AI-enabled accounts payable software like Nanonets can extract accounts payable data from various sources and convert them into structured digital information that can be further processed or fed into ERPs or databases. and databases (MySQL, PostGres, MSSQL, etc.) There is no standard structure or function to accounts payable software.

Accounts

Nanonets

AUGUST 16, 2024

Advanced AI systems can cross-check claim details against policy data, third-party databases, and historical claim records to detect anomalies and assess the validity of claims. Integrations: Automation pulls data from multiple sources, databases, third-party tools, etc., thus allowing for seamless verification.

Automation

Nanonets

FEBRUARY 26, 2024

Make a digital archive of your financial documents to create a searchable database. Bank Reconciliation: Veryfi assists with  bank reconciliation , ensuring that expenses are accurately recorded and accounted.  This flexibility allows finance professionals to address their unique document processing needs effectively.

Accounts