The AP Strategist's Handbook: Defeating GenAI Fraud in Accounts Payable
About the white paper
In today’s fast-paced world of financial technology, Generative AI (GenAI) has revolutionized Accounts Payable (AP)—unlocking new levels of efficiency, but also introducing unprecedented fraud risks. Our comprehensive guide, The AP Strategist's Handbook, provides essential insights and strategies to safeguard your business from these emerging threats.
Discover What’s Inside:
- Understand GenAI’s Impact on AP Fraud: Learn how fraudsters leverage GenAI to create convincing fake documents, synthetic identities, and even entire fictitious businesses, driving a 34% spike in fraud attempts within AP processes.
- Stay Ahead of Evolving Threats: Traditional security methods are no longer enough. Uncover why GenAI-powered attacks evade detection, and what steps your business can take to keep up with an increasingly sophisticated fraud landscape.
- Quantify the Financial Stakes: GenAI-driven fraud can cost an average of $1.2 million per incident—a staggering 40% increase from pre-GenAI cases. Find out how to mitigate these risks and protect your bottom line.
- Implement Proven Defense Strategies: Get actionable guidance on building a multi-layered defense with AI-powered detection tools, enhanced verification processes, and continuous risk assessments designed to stay one step ahead of GenAI fraud.
Safeguard Your AP Process Now
Download The AP Strategist's Handbook to empower your business with the knowledge and tools needed to combat GenAI fraud effectively. Secure your AP processes today and build resilience against future threats.
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Founded in Silicon Valley, the Orlando, Florida-based Finexio is a team of 80+ helping customers and partners manage nearly $500B in accounts payable spend.