Tag: Audit Trail
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What is Netting? Definition, How It Works & Benefits
In most companies, the accounts payable team is responsible for sending payments to vendors, customers, and other business partners. Opposite the AP team, the...
Build well-architected IDP solutions with a custom lens – Part 2: Security | Amazon Web Services
Building a production-ready solution in AWS involves a series of trade-offs between resources, time, customer expectation, and business outcome. The AWS Well-Architected Framework helps...
SEC’ securities lending regulation – Rule 10c-1a and implications
The securities lending market is vital to the healthy functioning of securities markets globally. Securities lending improves market liquidity, price discovery, and enables timely...
Paperless accounts payable: An implementation guide
Switching to paperless accounts payable is intimidating. It often means digitizing years of data, training your staff, and shifting your workflows. However, this change can yield...
Blockchain Adoption for Fishery Supply Chain Traceability – PrimaFelicitas
Let’s Delve into the broad fishery industry and explore the Blockchain Adoption possibilities to improve fishery supply chain traceability.The fishery is the industry that...
From Zero to Hero – How Blockchain could bring the FCA’s Consumer Duty to life
The reputation of blockchain has taken a severe beating in recent years. The spectacular collapse of FTX, plus how regulators are turning against crypto...
Understanding the Process of a Requisition Order: A Guide
For any organization, effective procurement and resource allocation are critical components of success. The requisition order process is an integral aspect of these functions, allowing businesses...
Unlocking Efficiency with E-Tendering: Your Business Solution
E-tendering is a powerful solution that can transform your business by streamlining procurement processes and driving efficiency. In today's fast-paced and dynamic business environment, the use of technology,...
Boost Efficiency with Robotic Process Automation Accounting
Robotic process automation (RPA) is a game-changer for the accounting industry, offering significant improvements in efficiency and productivity. By automating repetitive tasks, RPA allows...
Empower Your Company with Efficient AP Departments
An accounts payable department is an integral part of any organization, responsible for managing and processing all outgoing payments to suppliers and vendors. An inefficient accounts payable...
Understanding the Difference: Purchase Order vs Invoice
To effectively manage procurement and financial processes, it is crucial to understand the distinction between a purchase order and an invoice. While both documents contain similar information,...
How tokenization of real-world assets will revolutionize the financial landscape
Real-world asset (RWA) tokenization has emerged as one of the strongest use cases for blockchain technology on a global scale as it...