For too long, Accounts Payable teams have relied on standard controls for common problems such as fraud risks or payment errors. However, these methods consistently fall short. Some organisations still lose a whopping 5% of their revenue to fraud and overpayments each year.
Read more - The 9 most common Accounts Payable problems (and their solutions)
A year-end financial audit may seem like another daunting task on your to-do list, but it doesn't have to be. Beyond compliance, Accounts ...
Read more - How to prepare for your year-end Accounts Payable audit
Navigating challenging economic conditions like the US recession and the EU economic crisis calls for a judicious approach to every ...
Read more - Preventing duplicate invoices: everything you need to know
In retail, margins are tight, competition is fierce and customer expectations never stop rising. That means there’s no room for wasted ...
Read more - The biggest Accounts Payable challenges undermining retail in 2025
Outlining the overpayment Story In 2020, the Southern District of New York released their judgement on one of the largest payment errors in ...
Read more - Citibank’s $900 million dollar overpayment error
Despite the marketing headlines, most – if not all – players in the duplicate invoice prevention market use rules-based tools to detect ...
Read more - Using AI to build world-leading duplicate invoice prevention software
The Accounts Payable function is heavily exposed to invoice fraud. AP teams dealwith high invoice volumes and vendor queries andoften don’t ...
Read more - The worst invoice fraud cases