March 2024

Invoice fraud

Navigating the New Frontier: The Rise of Invoice Fraud in the Generative AI Era

In the rapidly evolving landscape of business technology, generative artificial intelligence (AI) has emerged as a double-edged sword. On one hand, it introduces unprecedented efficiencies and capabilities in processing, data analysis, and automation. On the other, it has facilitated the rise of sophisticated cybercrime forms, notably invoice fraud. This type of fraud, involving the creation …

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Itemize Unveils AI Copilots for Financial Transaction Processing, Reinventing Financial Automation

March 5, 2024 /PRNewswire/ — In a significant stride forward, Itemize announces the introduction of AI Copilots for Financial Transaction Processing, marking a new era in Itemize’s history. This transformation also reflects our evolution from a pioneer in document capture to a market leader in AI Automation for Accounts Payable, Remittance Processing, Loan Review, and Supply Chain workflow. …

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Finance Automation

Revolutionizing Finance: The Automated and Embedded Future of Invoicing, AP and AR

The landscape of financial operations, encompassing invoicing, accounts payable (AP), and accounts receivable (AR), is radically transforming. Propelled by technological advancements, these processes are evolving to become more streamlined, efficient, and virtually invisible. This revolution is not just theoretical; it’s backed by compelling data and trends that underscore the shift towards automation, embedded finance, and …

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