Clearly Payments

JANUARY 21, 2025

The shift from traditional payment methods to modern digital solutions is no longer optional; it is essential for delivering public services effectively and meeting citizen expectations. Limited Payment Options: Many government platforms still lack support for modern payment methods like mobile wallets, credit cards, and digital banking.

Government Payments 59

Government Payments Governance Government PCI DSS 59

Fintech News

JANUARY 30, 2024

Decentralised finance , which utilises blockchain technology, employs open-source technology to reduce costly payment processing fees by minimising the need for intermediaries. The Role of AI in Payment Services The introduction of artificial intelligence (AI) in the payments sector has brought a plethora of benefits.

Payments Trends 120

Payments Trends Digital Currency Cross-Border Payments Distributed Ledger Technology (DLT) 120

Nanonets

FEBRUARY 21, 2024

Inefficient Approval Workflows : Traditional processes often involve cumbersome approval chains that delay payments and complicate cash flow management. In essence, while QuickBooks provides the foundation for solid financial management, the manual processing of invoices acts as a brake on potential efficiency gains.

Automation 52

Automation Process Rules Accounts 52

Core

OCTOBER 4, 2023

The presence of outdated legacy and manual, error-prone payment processing systems only underscores this reality. Government enterprise resource planning (ERP) payment systems arise to confront these challenges. Here is everything you need to know about the benefits and challenges of ERP payment systems.

Governance 52

Governance Government Payment Reconciliation Payments 52

Nanonets

FEBRUARY 1, 2024

In the rapidly evolving business landscape, the efficiency of Accounts Payable (AP) processes is no longer just a back-office concern but a strategic imperative. Accounts Payable (AP) automation is the use of technology to streamline and improve the process of managing a company's bills and payments owed to others.

Automation 64

Automation Accounts Process Multi-Currency 64

Nanonets

OCTOBER 18, 2024

In the new era of accounts payable— every invoice processed should be a step towards long-term success. These tools go beyond simple digitization, offering comprehensive platforms that automate invoice processing , streamline approvals, and optimize payment workflows. Many companies face similar challenges.

Payment APIs and Integration 52

Payment APIs and Integration Automation AI Multi-Currency 52

Nanonets

MARCH 20, 2023

  Originally considered a transactional back-office function, the AP process is now considered a hub for critical financial data processing. The AP process begins with the receipt of the invoice, passes through various levels of categorization, coding, data matching , and approvals, and ends with the payment of the invoice.

Accounts 52

Accounts Payment APIs and Integration Multi-Currency Automation 52