<ul><li>Invoice automation firm, Basware, reveals that 90% of organizations lack dedicated prevention teams, forcing accounting staff to manage fraud in addition to their regular responsibilities.</li><li>Generative AI is cited as a key driver behind the surge in invoice fraud, with 62% of businesses stating its impact according to a report by Basware.</li><li>Remote work, rising transaction volumes, and expansion of the supplier base are identified as critical risk factors contributing to the increase in fraud attempts.</li><li>The lack of AP automation and reliance on manual processes leave businesses vulnerable to fraud, emphasizing the need for automation tools to combat AP fraud.</li></ul>

AP Teams Need Automation to Combat Rise in AI Invoice Fraud Finds Basware

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