Nanonets

FEBRUARY 28, 2024

Welcome to our latest blog post, where we embark on a deep dive into the intricacies of the General Ledger (GL) — the bedrock of any business's financial system. We will start with the basics: What exactly is a General Ledger, and why is it paramount to your business's financial health?

General Ledger 52

General Ledger Data Entry Invoicing Accounts Payable 52

Nanonets

APRIL 10, 2023

As a finance professional, you want to use invoice data to process payments, match invoices with purchase orders or create financial reports. Excel is a great way to perform financial analysis, manipulate data, sort and filter information, and perform complex calculations.

Invoicing 52

Invoicing Data Entry General Ledger Invoice Processing 52

Nanonets

MARCH 15, 2024

The need for AI in Accounting In traditional accounting operations, companies often rely on manual processes, extensive paperwork, and repetitive tasks to handle their payables function. However, these processes involve spending time (and money). It is heavy on synchronous communication. The good news?

Data Entry 59

Data Entry Accounting Accounting General Ledger 59

Nanonets

SEPTEMBER 1, 2023

The need for AI in Accounting In traditional accounting operations, companies often rely on manual processes, extensive paperwork, and repetitive tasks to handle their accounting function. Time-Consuming: Manual accounting work is time-consuming, requiring long hours to reconcile accounts, generate reports, and perform financial analysis.

AP 52

AP Accounting Accounting General Ledger 52

Nanonets

JUNE 7, 2023

The need for AI in Accounts Payable In traditional AP operations, companies often rely on manual processes, extensive paperwork, and repetitive tasks to handle their payables function. However, these processes involve spending time (and money). It is heavy on synchronous communication.   a. The good news?

Accounts Payable 52

Accounts Payable Accounts Payable AP General Ledger 52

Nanonets

JUNE 7, 2023

The need for AI in Accounts Payable In traditional AP operations, companies often rely on manual processes, extensive paperwork, and repetitive tasks to handle their payables function. However, these processes involve spending time (and money). Where do you start? What’s the easiest way to 10x your productivity?

Accounts Payable 52

Accounts Payable Accounts Payable AP Accounting 52

MineralTree

MARCH 30, 2023

Once the system extracts the invoice data, it automatically codes and categorizes the information to the correct general ledger accounts. Additionally, MineralTree uses invoice information in AP analytics and reporting immediately upon invoice capture to deliver better financial forecast models.

AP 79

AP Accounting Accounting Invoicing 79