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EDI Security in Finance and Mortgage: Protecting Sensitive Data in Electronic Exchange

Astera

Secure Socket Layer/Transport Layer Security (SSL/TLS): Utilize SSL/TLS protocols to establish secure connections and encrypt data during transmission, preventing unauthorized access and interception. It automates tasks such as mortgage application submission, document verification, and loan underwriting, enabling faster turnaround times.

Finance 52
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The Power of Automated Invoice Scanning 

Astera

In a nutshell, these softwares evaluate invoices for certain pre-defined criteria and extracts the necessary data automatically. Many softwares use Optical Character Recognition (OCR) techniques to recognize the text from the document, combined with natural language processing algorithms to extract key pieces of data from the invoice.

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Best Data Mining Tools in 2024

Astera

Data mining tools help organizations solve problems, predict trends, mitigate risks, reduce costs, and discover new opportunities. To assist users in navigating this choice, the following guide outlines the essential considerations for choosing a data mining tool that aligns with their specific needs: 1.

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Top 35+ Finance KPIs and Metric Examples for 2020 Reporting

Insight Software

The balance sheet and the income statement are the two other financial reporting documents that provide a substantial amount of information pertaining to financial KPIs and metrics. Specifically, it measures the time required by a company to sell inventory, collect receivables, and pay its bills.

Finance 98