NEW YORK, June 21, 2023 – Itemize, the first AI-powered automation platform for payables and procurement processing, has announced a strategic partnership with KYP, a leading real-time and proactive alerts risk intelligence platform.
This strategic partnership will deliver robust and real-time continuous risk monitoring for added due diligence to Itemize’s clients. Similarly, KYP will offer Itemize’s AI and Machine learning capabilities to automate manual document processes, improve data quality, and reduce operating costs for KYP’s global partners and clients.
“We are delighted to announce our strategic partnership with KYP, linking Itemize’s AI-powered payables automation with KYP’s risk intelligence platform. The partnership will enable enterprises to harness intelligence in their invoice and purchasing data to streamline financial processing and boost operating efficiencies,” said James Thomas, CEO & Founder Itemize.
“We are thrilled to partner with Itemize and look forward to working with the Itemize team moving forward. The KYP platform addresses the urgent market need for continuous monitoring and proactive alerts of Merchant, TPP’s & partners providing actionable risk intelligence. KYP is a real-time fraud, risk, and reputational mitigation solution, and we are excited to see how KYP will help protect Itemize’s growing client base globally,” said Alan Nagle, CEO & Founder of KYP.
For further information or to schedule an interview, contact Khushboo Koutu at kkoutu@itemizecorp.com.
