Nanonets

JULY 21, 2023

To ensure the integrity of financial data, accountants and bookkeepers rely on the general ledger account reconciliation process. This process involves comparing general ledger accounts with supporting documents using reconciliation software to identify discrepancies and take corrective measures.

General Ledger 52

General Ledger Account Reconciliation Reconciling Financial Reporting 52

Nanonets

MAY 8, 2023

If not, it may be time to rework your current accounting policies to implement audit trails. Your business should consider the external privacy laws associated with online monitoring. Book a free call Read more Accounting Articles: What is accounts payable process? What is an Example of an Audit Trail?

Auditing 52

Auditing Accounts Payable Accounts Payable Purchase Order 52

Billing Platform

AUGUST 3, 2023

Be sure the billing software offers robust security measures and adheres to the strictest privacy and data policies – ASC 606, IFRS 15, SOC1/SOC2/PCI, GDPR, DKIM, and FIPS 140-2 encryption Level 2 and Level 3 standards. Here are more benefits you can expect to receive by implementing billing software.

Billing 59

Billing Collections Invoicing Account Reconciliation 59

Nanonets

APRIL 5, 2023

Compliance with data privacy regulations, such as GDPR, is also easier with IPA, as it ensures that personal data is handled and stored securely. While there are challenges associated with implementing IPA, such as the need for skilled personnel and concerns about data privacy and security, the benefits outweigh the risks.

Customer Service 98

Customer Service Account Reconciliation Invoice Processing Payroll 98