Remove Collections Remove Invoice Processing Remove Magazine
article thumbnail

How to Detect and Prevent Accounts Receivable Fraud in 2025

Gaviti

Fraudsters are no longer relying on rudimentary methods; instead, they use advanced techniques such as social engineering, phishing, and malware attacks to manipulate invoice processes and divert payments. Plus, it allows you to collect receivables without identifying your bank account information to your customers.

article thumbnail

The next frontier in accounting: Autonomous AI agents

Accounting Today

However, this powerful technology, capable of autonomously managing tasks such as account reconciliation, invoice processing and much more, demands careful and responsible implementation. Its often said time speeds up as we age. In the technology world, and especially in AI, its practically sprinting.

article thumbnail

Construction Industry Trends: 5 Game-Changing Shifts for Accounts Payable in 2022

AvidXchange

“When construction firms come to us, they are often trying to resolve issues around the management of invoices. It’s not surprising, as they are dealing with incredibly time-consuming, cumbersome manual invoicing processes that involve a lot of waiting and uncertainty.