NextProcess

AUGUST 11, 2023

BPA and Financial Operations In regard to digital transformation, one of the roles of the CFO is determining which business processes can be automated and which are best done personally by employees. A lot of the everyday operational tasks that fall under the CFO’s employees’ purview can be automated.

Data Entry 52

Data Entry Purchase Order Accounts Payable Accounts Payable 52

Nanonets

MAY 31, 2023

The need for AI in finance In traditional finance functions, companies often rely on manual processes, extensive paperwork, and repetitive tasks to manage their financial operations. These tasks include data entry, invoice processing, and financial analysis for decision-making, operational planning, and risk management.

Data Entry 122

Data Entry Financial Operations Financial Operations Budgeting 122

Nanonets

FEBRUARY 1, 2024

Instead of manually handling invoices, checking them, and making payments, AP automation uses software to do these tasks more quickly, accurately, and with less human effort. The key activities in an AP process (Data extraction, invoice coding, ERP sync) are essentially data transformation activities.

Accounts Payable 64

Accounts Payable Accounts Payable AP Accounting 64

Nanonets

SEPTEMBER 22, 2023

Streamlining accounting processes  with RPA solutions leads to reduced manual effort, improved data visibility, and better decision-making. The benefits of RPA in accounting include cost reduction, resource optimization, and enhanced customer service.

Data Entry 40

Data Entry Customer Service Accounting Accounting 40

CapActix

JUNE 7, 2024

It streamlines financial operations, enhances accuracy, and provides critical insights that can drive business growth. This enables them to dedicate more time to strategic areas like product development, marketing, and customer service. Undoubtedly, they are adept at handling financial tasks swiftly and accurately.

Bookkeeping 52

Bookkeeping Outsourced Bookkeeping Bookkeeping Services Financial Records 52

Nanonets

FEBRUARY 28, 2024

Whether you're a small business owner, a finance professional, a CFO, or simply curious about the financial operations of a business, this blog series promises to equip you with a thorough understanding of the General Ledger, its significance and it's effective implementation within a business.

General Ledger 52

General Ledger Data Entry Invoicing Accounts Payable 52

Nanonets

FEBRUARY 8, 2024

By streamlining the accounts payable cycle with Artificial Intelligence and automation-centric tools, AP teams can reap the benefits of airtight data accuracy, seamless invoice processing , and downstream collaboration with other teams or business processes. This makes for an easy on-ramp for your teams and your vendors alike.

AP 52

AP Billing AR AR / AP 52