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FINOM Launches E-Invoicing Solution for German SMEs Ahead of 2025 Mandate

Fintech Finance

The platform automatically generates compliant e-invoices in both ZUGFeRD (PDF/A-3) and XRechnung (XML) formats as part of its standard invoicing service. FINOM’s primary focus was on seamless integration – customers don’t need to take any additional steps to comply with the new regulations.

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Why PDFs Aren't Enough To Digitize The Procure-To-Pay Workflow

PYMNTS

XML invoices, which digitize the data on the invoice, are only a fraction of total invoice volume. Digitizing documents is key to optimizing workflows, but when it comes to the procure-to-pay space, not all digital invoices and purchase orders are created equal. The rest come in a variety of formats, including PDF and, of course, paper.

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How to Use AI in Bank Statement Processing

Nanonets

  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. general ledgers ).

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The Complete Guide to the NetSuite REST API

Nanonets

These are listed below: JSON payloads are lighter and faster The REST API communicates via JSON, reducing overhead compared to XML in the SOAP API. Document Matching : Automate matching of documents such as POs, invoices, and receipts within NetSuite, reducing manual reconciliation.

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Best Veryfi OCR alternatives for data extraction

Nanonets

  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.

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Top Parseur alternatives to automate data extraction

Nanonets

Exports to multiple formats (Excel, CSV, JSON, XML) 7. Automated line item reconciliation 7. Supports table extraction and formatting 4. Offers ready-to-use templates for common tasks 5. Provides webhook integrations for real-time data transfer 6. month (30 emails), Professional at $39.95/month month (500 emails), Business at $99.95/month

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Best Accounts Payable Software of 2023

Nanonets

Accurate data capture A company may invoice invoices in various formats - paper, pdf, xml , etc. Looking to automate your manual AP Processes? Book a 30-min live demo to see how Nanonets can help your teams implement end-to-end AP automation. It must optimise the existing setup without requiring drastic changes of existing workflows.