Fintech News

JANUARY 23, 2024

Bloomberg has unveiled a new tool, AI-Powered Earnings Call Summaries, on the Terminal, showcasing the practical use of artificial intelligence in enhancing the research process for analysts. Document Search utilises natural language processing to facilitate efficient searches across a vast array of reliable company and industry documents.

Financial Analysis 108

Financial Analysis AI Research SWIFT 108

The Finance Weekly

AUGUST 6, 2024

With a bold vision to help businesses evaluate their operational health in real-time and adapt their strategies accordingly, Drivetrain raised $15 million in a Series A funding round in late 2022, highlighting the company's dedication to refining decision-making processes. Build comprehensive, multi-dimensional models ten times faster.

CRM 130

CRM Facilitators Fed Financial Analysis 130

The Finance Weekly

AUGUST 5, 2023

Your Future in FP&A: Navigating the Varied Career Paths Typically, , Financial Planning and Analysis are integral parts of a comprehensive financial management system, which also includes accounting, revenue and cash flow management , governance, risk, and compliance (GRC), along with other core financial processes.

Financial Analysis 130

Financial Analysis On-Demand Finance Compliance 130

Nanonets

MARCH 30, 2023

Intelligent Document Processing (IDP) refers to the automation of data extraction from unstructured documents. The manual process of collating this information requires a significant amount of time and resources, ultimately underutilizing or burdening a company's most valuable asset - its human talent. from 2021 to 2027.

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Process Automation Compliance Volume 52

The Finance Weekly

JULY 19, 2022

FP&A stands for "financial planning and analysis," and is the backbone of the modern finance department. It’s the budgeting, financial forecasting, financial analysis, and decision-making that support an organization's health and strategy. What is FP&A? Leader in FP&A software. Excel interface.

CRM 240

CRM Finance Database Automation 240

Nanonets

MAY 31, 2023

Emerging technologies such as artificial intelligence and machine learning have transformed the traditional finance function by making processes efficient, improving accuracy, and enabling data-driven decision-making. This automation streamlines the bookkeeping process, reduces errors, and enhances efficiency.

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AI Finance Fraud Detection Mitigation 122

Fintech Review

AUGUST 21, 2024

For instance, the implementation of bank agent copilots will streamline loan application reviews, memo generation, and approval processes. Generative AI will also transform market analysis through predictive trading algorithms.

FinTech 105

FinTech Financial Analysis AI Security 105

EBizCharge

JUNE 6, 2024

Enterprise Resource Planning (ERP) systems emerge as an essential tool to ensure these seamless financial activities. One ERP that stands out is Microsoft Dynamics 365, a powerhouse for managing business operations, including the pivotal task of credit card processing. What is Microsoft Dynamics 365? What is Microsoft Dynamics F&O?

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Credit Cards Process Payment Gateways Gateways 52

The Finance Weekly

DECEMBER 30, 2021

Large companies are firmly embracing robotic process automation (RPA), leveraging sophisticated data analytics and visualization tools, and exploring the use of blockchain and other new technologies. There are multiple ways CFOs can ensure discipline in the technology selection process. Discipline.

Technology 130

Technology MSPS Small Business Data Security 130

Nanonets

JUNE 18, 2024

Did you know that processing an expense report for an overnight hotel stay can take up to 20 minutes and cost an average of $58 ? Learn to craft an effective expense policy & process to guide employee spending. Read about how to create expense reports in Excel and how to automate the expense reporting process.

Automation 52

Automation Process IRS Compliance 52

Nanonets

SEPTEMBER 22, 2023

Robotic process automation (RPA) is a game-changer for the accounting industry, offering significant improvements in efficiency and productivity. In the realm of accounting, RPA has proven to be a powerful tool for enhancing speed and accuracy, streamlining processes, and revolutionizing the way financial tasks are handled.

Automation 40

Automation Accounts Process Reconciliation 40

Nanonets

JULY 25, 2023

What is financial data analysis? Gartner defines financial analysis as the process that provides “insight into the financial performance of an organization.” Financial data analysis involves forecasting, planning, budgeting, and reporting to optimize business processes.

Financial Analysis 52

Financial Analysis Payment APIs and Integration Assessments Automation 52

The Finance Weekly

JANUARY 21, 2024

We found that, despite 2024 being in full swing, the biggest unspoken challenge weighing down finance teams are still manual Excel processes. These processes vary. Most, if not all, such processes are currently reliant on Excel spreadsheets. These legacy financial models typically appear overly complicated.

Finance 100

Finance Process Accounts Financial Analysis 100

The Finance Weekly

APRIL 5, 2022

The impact of data driven financial analysis goes well beyond its traditional role of budgeting and forecasting, and has the potential to contribute greatly as a forward thinking department for real-time decision making. Of course having consistent and optimized processes is just as important as the right FP&A technology.

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Automation Finance Financial Analysis Procedures 130

Nanonets

APRIL 3, 2024

Businesses are now embracing the virtual to streamline their financial management processes. Picture this: a team of expert bookkeepers diligently managing your financial records and transactions without setting foot in your office. The client outlines their specific financial needs, goals, and preferences during this meeting.

Automation 74

Automation Payment APIs and Integration Reconciliation Financial Analysis 74

The Finance Weekly

OCTOBER 13, 2021

In this way, the FC can provide high-detail, granulated financial analysis that can be used by the CFO for broader financial planning. A collaborative approach can also vastly improve risk management.

Risk Mitigation 130

Risk Mitigation Risk Management Risk Finance 130

Neopay

MAY 8, 2024

Are you considering applying for authorisation from the Financial Conduct Authority (FCA) for your firm? If so, you’re stepping into a thorough process that demands careful attention to detail, especially when it comes to your financial information. This template includes guidance and a glossary to assist with completion.

Financial Analysis 52

Financial Analysis Regulatory Compliance Compliance Best Practices 52

Nanonets

SEPTEMBER 20, 2024

From financial reports and research papers, to resumes and invoices, these documents can contain complex tables with a wealth of structured data that needs to be quickly and accurately extracted. Traditionally, extracting this structured information has been a complex task in data processing.

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Rules Process AI Origination 135

PYMNTS

NOVEMBER 16, 2020

The digitization of the lending process has allowed a convergence between the loan itself and software, a combination that Marceau said opens up new possibilities for how to serve SMBs.

Technology 115

Technology Payment APIs and Integration Small Business Finance 115

Trade Credit & Liquidity Management

MARCH 6, 2025

Although other use cases exist for B2B data, for example, stock market performance on public companies, this article will focus on an overview of the four primary use cases: (1) credit and financial analysis, (2) B2B marketing lists, (3) supplier evaluation, and (4) KYC and compliance.

Financial Analysis 52

Financial Analysis Use Case Compliance B2B 52

PYMNTS

OCTOBER 17, 2016

According to the report, providers of outsourced procurement solutions are turning to robotic process automation technology to meet cost reduction needs, while remaining vigilant on invoice management and fraud prevention. The first is to reduce costs; the second is to gain great analytics capabilities.

Technology 76

Technology Remote Deposit Capture Small Business Automation 76

Finovate

AUGUST 8, 2024

Features FinTech Insights GPT allows users to: Receive actual and actionable insights in seconds Streamline product research processes from months to minutes Make faster, bullet-proof decisions with accuracy Who’s it for? B2B service and implementation providers.

Disputes 52

Disputes Credit Union Due Diligence Scams 52

The Finance Weekly

JANUARY 31, 2022

Therefore, if you have all the necessary skills and talent, but you don’t have a strong personal brand within your organization, your management and colleagues will not perceive you as a value creator and treat you as a more analytical person limited to financial analysis and reporting. work to add value to the entire process.

Finance 130

Finance Financial Analysis Technology Risk Management 130

Nanonets

JUNE 23, 2023

Balance sheet reconciliation is a critical process in finance and accounting that ensures the accuracy and integrity of financial statements. While it may seem like a straightforward process, there are common mistakes that can hinder the effectiveness of balance sheet reconciliation. This process is known as the financial close.

Reconciliation 52

Reconciliation Audit Financial Analysis Adjustments 52

PYMNTS

DECEMBER 19, 2018

As far as B2B FinTech goes, much attention has been paid to empowering a range of processes, including accounts payable, expense management and financial analysis — many of which had previously been a part of the Enterprise Resource Planning (ERP) solution.

AI 68

AI Financial Analysis B2B Innovation 68

The Finance Weekly

JANUARY 22, 2024

These degree programs include coursework that helps students develop analytical skills and learn financial analysis methods and software. Certified Treasury Professional (CTP) This certification highlights expertise in treasury management, showcasing proficiency in cash processing, reconciliation, and financial statement analysis.

Risk Management 130

Risk Management Finance Advisors Treasury 130

Nanonets

JULY 26, 2023

Extracting relevant and accurate financial data from financial and business documents is critical for effective decision-making, financial analysis, and integrity, as well as regulatory compliance. In the next section, we will explore the challenges associated with financial data extraction. Tools like Nanonets.

Automation 52

Automation AI Financial Analysis Volume 52

PYMNTS

DECEMBER 17, 2018

The survey found that 70 percent of accountants surveyed cited the speed of processing and reconciliation as their key motivation for using electronic rails, while most also pointed to the ease of working with an entirely digital platform, as well as the “anywhere, any time” functionality of electronic payments.

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ACH B2B Payments Cryptocurrency 63

The Finance Weekly

JULY 31, 2023

With the emergence of , AI tools and Large Language Models (LLMs) like ChatGPT, Google Bard, and BERT, professionals in these fields can benefit from enhanced capabilities and streamlined processes. She is passionate about harnessing AI applications in corporate finance to streamline processes and unearth valuable insights.

AI 130

AI Finance Procedures Accounts 130

Nanonets

APRIL 10, 2023

This process is tiresome, error-prone, and time-consuming. As a finance professional, you want to use invoice data to process payments, match invoices with purchase orders or create financial reports. Secondly, converting PDF invoices to spreadsheets can help you automate a major part of the invoice data entry process.

Automation 52

Automation Payment Reconciliation Financial Analysis Reconciliation 52

Nanonets

MARCH 15, 2024

The need for AI in Accounting In traditional accounting operations, companies often rely on manual processes, extensive paperwork, and repetitive tasks to handle their payables function. However, these processes involve spending time (and money). It is heavy on synchronous communication. Where do you start?

Automation 59

Automation AI Accounts Duplicate 59

Nanonets

JUNE 7, 2023

The need for AI in Accounts Payable In traditional AP operations, companies often rely on manual processes, extensive paperwork, and repetitive tasks to handle their payables function. However, these processes involve spending time (and money). Most organizations INSIST on making this process manual. Where do you start?

AI 52

AI Accounts Duplicate Automation 52

Nanonets

JUNE 25, 2024

This guide will walk you through the process of invoice coding, how to automate it, and the best practices. Invoice coding is the process of assigning specific identifiers to each line item on an invoice. Think of it as giving each expense its own 'address' in your financial records. You're in the right place.

Automation 52

Automation Payment APIs and Integration Rules Process 52

PYMNTS

SEPTEMBER 3, 2019

These claims, also known as chargebacks, bill backs or ship and debit, involve a process whereby a manufacturer approves of a special price agreement with a distributor. Also unique to the B2B retail supply chain is the use of distributor claims. I would argue that speed is important in every industry these days,” he said. “In

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B2B B2C Agreements Automation 60

FloQast

JANUARY 1, 2025

When AI handles data entry, expense tracking, payroll processing, and similar routine tasks, accountants and financial professionals can focus on high-value activities like strategic planning and client engagement. Audits will shift from reactive investigations to proactive processes, eliminating stress from the top down.

AI 52

AI Accounts Audit Fraud Detection 52

Nanonets

APRIL 4, 2023

Argus modeling is a complex financial analysis tool that allows real estate investors and lenders to forecast a property's financial performance, evaluate various investment scenarios, and identify potential risks and opportunities. On top of all this, Argus modeling also streamlines the underwriting process.

Due Diligence 52

Due Diligence Underwriting Returns Assessments 52

Nanonets

SEPTEMBER 1, 2023

AI is wonderful for automating manual work, but automating business processes is not just as straightforward as a 1-line prompt. The need for AI in Accounting In traditional accounting operations, companies often rely on manual processes, extensive paperwork, and repetitive tasks to handle their accounting function.

Automation 52

Automation AI Accounts Duplicate 52