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Payment reconciliation: What is it, and how can your business do it efficiently?

Nanonets

As transactions flow in and out, reconciling payments becomes crucial to ensure accuracy, identify discrepancies, and maintain a clear financial picture. Manual payment reconciliation processes can be time-consuming, error-prone, and inefficient. What is payment reconciliation?

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Modern payments, outdated systems: Why growth and uncertainty demand agility

The Payments Association

As digital assets continue to gain traction, payment networks must evolve to accommodate rising transaction volumes, evolving regulatory frameworks, and the growing demand for real-time settlement. The Problem with manual reconciliation Despite the need for real-time processing, many firms still rely heavily on manual reconciliation methods.

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Airwallex, Xero Collab On X-Border SMB Payments, Reconciliation

PYMNTS

The collaboration is aimed at assisting Airwallex’s small- to medium-sized business (SMB) customers to easily handle local and global payments. Australian cross-border FinTech unicorn Airwallex is integrating with New Zealand’s cloud-based accounting platform Xero , Airwallex announced Tuesday (March 10).

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The Ultimate Guide to Salesforce Payments

EBizCharge

Whether its a one-click payment from an invoice or a self-service portal, a seamless experience boosts satisfaction and encourages on-time payments. Centralized data management All payment data is automatically captured and stored in Salesforce, alongside customer and transaction records.

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Checkout.com Announces Partnership With Slope to Enhance Payment Performance for US Enterprise Merchants

Fintech Finance

Slope shares our vision for empowering enterprise businesses to thrive in the digital economy with tailored, enterprise-focused payment solutions that drive improved performance.” The post Checkout.com Announces Partnership With Slope to Enhance Payment Performance for US Enterprise Merchants appeared first on FF News | Fintech Finance.

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NetSuite Payments: Your Guide to Processing Credit Cards

EBizCharge

Check transaction flow: Verify that payments are correctly authorized, captured, and recorded in NetSuite. Validate reporting: Ensure payment data appears accurately in NetSuites financial reports. Security is also a critical component of automation, and tokenization plays a vital role in safeguarding sensitive payment data.

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Tipalti Bolsters Accounts Payable Platform With AI-Powered Pi

PYMNTS

“This intelligence helps improve future routing accuracy, streamlines payment reconciliation processes, and maintains data hygiene in the ERP,” the release stated. In addition, the technology is made to identify duplicate invoices and facilitate purchase order (PO) matching as well as discrepancy detection.