Nanonets

MAY 10, 2023

This article will show how workflow management solutions can automate routine procedures, minimize repetitive jobs and operator mistakes, detect bottlenecks, and simplify communication across all departments. Intelligent workflow automation can save time, boost production, and cut expenses. And there is no way out of it.

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Nanonets

JUNE 23, 2023

In this article, we’ll delve into the concept of workflow automation and how it drives business growth and success, showcasing both the benefits and the challenges to achieving digital workflow automation, and how tools like Nanonets can streamline the process. What is workflow automation? Below are a few examples.

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Accounting Tools

JULY 13, 2023

Commissions Commissions are the payments made to salespeople that are triggered by the sale of goods to a third party. Commissions Commissions are the payments made to salespeople that are triggered by the sale of goods to a third party. If there is no sale, then there is no commission.

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Accounting Tools

JUNE 9, 2023

Breakeven Analysis Breakeven analysis calls for the calculation of the sales level at which a business or product line breaks even. This analysis is usually conducted in conjunction with the engineering department. Throughput Analysis Throughput analysis focuses on bottleneck operations, to see if their usage is being maximized.

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Nanonets

NOVEMBER 14, 2023

Ever felt like you're juggling too many balls in the air, trying to keep that sales pipeline flowing without a spill? In the ever-evolving world of sales, where targets loom large and time is of the essence, it's crucial to have the right quiver of tools at your disposal. That's what we're diving into today.

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Accounting Tools

JULY 10, 2023

Responsibility for Cash Management Cash management is typically assigned to the treasury department. There may not be a person within that department with the “cash manager” title; instead, the treasurer has overall responsibility for cash management, and he or she parcels out cash management tasks among the treasury staff.

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Nanonets

NOVEMBER 14, 2023

In this article, we shall look at how E-Procurement works and discuss its benefits.   Unlike E-Commerce, E-Procurement operates within a closed system accessible only to registered users, typically managed by a chief procurement officer or department. How does E-Procurement work?

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Nanonets

FEBRUARY 15, 2024

A report like the one below is submitted to the procurement department. Procurement is a pivotal function for any business upon which the pillars of efficiency, cost management, and strategic sourcing rest. This is more than just buying; it's about acquiring goods and services in a way that optimizes value for an organization.

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AvidXchange

MARCH 22, 2024

During the course of a year, certain periods can be stressful within accounting and finance departments, as teams are asked to keep up with their day-to-day responsibilities while taking on extra work. Just click below or stream the episode on your preferred podcast platform, including Spotify , Apple , iHeart and Pandora.

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Nanonets

AUGUST 1, 2023

In this article, we will define and explore the role of automation in document workflow management. Let us, for example, see how document automation workflow can help the Accounts Payable Department in the procure-to-pay process – a routine business operation that involves a significant amount of paperwork, approvals, and routing.

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Nanonets

MARCH 22, 2023

Process intelligence provides a comprehensive view of the entire business operation across multiple departments, consolidating the information into actionable insights and reports. Process intelligence is where the art of intelligent processing and the science of decision-making meet. Why is process intelligence important?

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Nanonets

JANUARY 17, 2024

That's why in this article, we're donning our investigative caps and diving deep into the world of workflow automation. That's why in this article, we're donning our investigative caps and diving deep into the world of workflow automation. But here's the kryptonite – the cost.

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AvidXchange

APRIL 1, 2021

Let’s look at the steps: AP departments receive paper invoices, type the invoice data into an electronic system and deliver the paper invoices to business leaders for approvals. Once approved, the AP department chases the appropriate signatures, cuts paper checks and send payments to vendors and suppliers. What is a workflow?

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Accounts Payable Accounts Payable AP Purchase Order 40

Nanonets

NOVEMBER 19, 2023

This article will guide you through the fundamental aspects of invoice settlement and provide practical tips to help you settle an invoice properly. This article will guide you through the fundamental aspects of invoice settlement and provide practical tips to help you settle an invoice properly. What is the settlement of an invoice?

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Nanonets

OCTOBER 24, 2023

Here’s how RAG makes magic with simple AI workflows: Knowledge Base (Input) : Think of this as a big library full of useful stuff—FAQs, manuals, documents, etc. When a question pops up, this is where the system looks for answers. Trigger/Query (Input) : This is the starting point. If it’s a question, it digs up an answer.

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Nanonets

JULY 31, 2023

To start, we will show you how to chat with PDF files via the ChatGPT website. Next, we dive into a detailed code tutorial on how to chat with all kinds of PDF files. After that, we build our first automation to automate a repetitive task involving PDFs using ChatGPT API. We will compare the best LLMs available for chatting with PDF files.

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