article thumbnail

Top 7 Sensible alternatives for document processing

Nanonets

Laserfiche serves various industries, including education, finance, and government, helping them transition to paperless environments and improve information governance

Process 52
article thumbnail

TIE Kinetix Tackles Move To Paperless Business, Government

PYMNTS

Both businesses and governments have adopted electronic invoicing methods in response to new regulations and in light of the significant cost reduction it affords. Combined, businesses and governments in Europe and the U.S. Sundelin pointed to estimates that indicated that by 2022, about 38 percent of government invoicing in the U.S.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Mastercard Adds To Its New Payment Platforms Dev Team

PYMNTS

Oakes will work with a variety of entities – governments, regulators, central banks, schemes, and retail and commercial banks. Oakes is well-versed, Mastercard said, in the development of enhanced data and capabilities for real-time payments and the implementation of the ISO 20022 XML messaging standard.

Visa 63
article thumbnail

Germany Leads New eInvoicing Standard For Europe

PYMNTS

But using the ZUGFeRD standard, PDF invoices are imbedded with an XML file with data more easily extractable. Analysts say government entities that adopt the standards could realize savings of up to $3 billion a year. Europe isn’t the only market pushing for an eInvoicing standard, either.

XML 49
article thumbnail

Electronic Invoicing Opens A Door To SMB Digitization

PYMNTS

In Europe, where Teamleader is based, eInvoicing volume grew by 29 percent between 2015 and 2016, with even greater increases in the B2B and business-to-government spaces, according to the European eInvoicing Service Providers Association. for an electronic one. “SMEs need to make and take time to change their way of working. .”

article thumbnail

Bank Statement Analysis: A Complete Guide

Nanonets

Customizing bank statement fields   Download/export the data as different file formats (CSV, Excel, Google Sheet, XML). This helps maintain transparency in financial reporting, especially in government and trust-run institutions. It's also used to monitor the utilization of grants and research funds.

article thumbnail

Form Automation - OCR for Forms & Automated Forms Processing

Nanonets

OCR is widely used in various industries, including finance, healthcare, legal, government, and education, for various tasks such as document processing, data entry, and record-keeping. Data extraction : After the text has been extracted, the relevant data needs to be extracted and formatted into a structured format such as XML or CSV.