Infosys’ business process management arm, Infosys BPM, has added AI agents for invoice processing to its Infosys Accounts Payable on Cloud solution. This solution makes invoice processing largely autonomous to enhance efficiency and accuracy. The solution includes the capabilities of the suite of generative AI services, solutions and platforms called Infosys Topaz, as well as Microsoft’s AI stack, including Azure AI Foundry and other LLMs. By integrating Infosys Topaz with a purpose-built multi-agent framework, along with Microsoft’s AI stack, we’ve developed a solution that is autonomous by design, responsive to change, and built to evolve, Anantha Radhakrishnan, CEO and managing director of Infosys BPM, said. Infosys developed the AI agents in collaboration with Americana Restaurants, which operates more than 2,600 restaurants across the Middle East, North Africa and Kazakhstan. “With AI-powered Infosys Accounts Payable on Cloud, we have made invoice processing faster, enhanced accuracy and improved efficiency,” Harsh Bansal, chief financial officer and chief growth officer at Americana Restaurants, said. “The addition of Agentic AI takes this a step further, reducing manual dependencies and bringing more intelligence and autonomy into our invoice processing.”
CloudZero’s platform breaks down cloud spending data by source to display the costs incurred by each of a company’s cloud environments, workloads and business units and provides granular data associated with specific application features
Startup CloudZero has raised $56 million from investors to enhance its namesake software platform, which helps enterprises lower their cloud expenses. Companies search for opportunities to lower cloud costs by analyzing their infrastructure- and software-as-service bills. Each cloud provider formats spending data differently, which means that the data has to be organized into a single, consistent format before it can be reviewed. CloudZero says that its platform automates the task to save time for finance teams. After normalizing spending data, the company’s software breaks it down by source. CloudZero can display the costs incurred by each of a company’s cloud environments, workloads and business units. It also provides more granular information. The platform can calculate, among others, the cloud expenses associated with specific application features. CloudZero says that its platform can provide visibility into Kubernetes spending regardless of label quality. CloudZero can measure how effectively a company uses long-term purchase agreements. It also identifies spending spikes. Built-in artificial intelligence models measure out the average hourly cost of running a cloud workload and detect sudden increases. CloudZero now manages more than $14 billion in cloud spending for customers. It claims that those customers take an average of three months to make back what they spend on its software.
Thomson Reuters tool for tax and audit operations draws on >20 billion proprietary and public documents and 4,500 subject matter experts and connects internal knowledge, regulatory materials and firm-specific data into a single workspace
Thomson Reuters has launched an AI platform designed to help professionals automate complex workflows. The platform — Agentic Intelligence — integrates with professional applications to plan, reason and act across tasks while maintaining audit trails and data controls. The launch also includes a new tool, CoCounsel for Tax, developed for tax, audit and accounting professionals. It connects internal knowledge, regulatory materials and firm-specific data into a single workspace. Early users report gains in speed and accuracy. Accounting firm BLISS 1041 used the system to reduce residency and filing code reviews from several days to under an hour. CoCounsel for Tax is now available in the U.S., with expanded features and geographies expected by year-end. The company said Agentic Intelligence draws on more than 20 billion proprietary and public documents and is supported by 4,500 subject matter experts. It leverages recent investments in AI infrastructure and partnerships with OpenAI, Anthropic, Google Cloud and AWS. The next product, Ready to Review, will focus on tax return preparation. Thomson Reuters plans to expand the platform into legal, compliance and risk sectors in 2025.
Banks are driving uptick in corporate API adoption for treasury and cash management by collaborating with ERP/TMS providers and middleware providers supporting ISO 20022
One of the main obstacles to broader API adoption in corporate treasury has been the legacy design of treasury management systems, which were not originally built with APIs in mind. Corporates that have realised tangible business value through APIs have typically supported their implementation with robust IT strategies – upgrading accounting and reconciliation systems to be API-enabled, for example. JPMorgan Payments has been collaborating with ERP and TMS providers to integrate APIs that are essential for treasury and cash management operations. It integrates into SAP’s platform through its multi-bank connector functionality and has also integrated Kinexys Digital Payments within Kyriba Connector, allowing treasurers to facilitate and operate cross-border and real-time payments, and blockchain deposit accounts.The bank’s APIs offer near real-time reporting of cash balances and account transactions, and it has integrations with Trovata, which enable Trovata users to manage multiple bank accounts across institutions in one platform. API adoption also hinges on middleware providers, which act as intermediaries between ERP/TMS systems and end-users. These providers are evolving to support API connectivity alongside traditional file-based and Swift messaging methods. In addition to ERP and TMSs adapting, success also depends on middleware providers stepping up. These providers, which act as the bridge between TMS/ERP systems and end-customers, are gearing up to support API connectivity alongside traditional methods such as file transfers and Swift messaging. Carl Slabicki, co-head of global payments for BNY’s treasury services, points to a notable uptick in API adoption among corporate clients.
Modern Treasury’s AI agent for enterprise payment operations only takes action when it’s approved to do so, doesn’t let third-party model providers train on company data, is auditable by design and delivers verifiable results
Modern Treasury, the payment operations platform for businesses, introduced Modern Treasury AI to deliver the first AI Platform purpose-built for the unique demands of enterprise payments. Built on the company’s Payment Ops infrastructure, Modern Treasury AI blends a context-aware agent with a powerful, real-time workspace. Together, they set a new standard in how businesses manage payment operations, transitioning from manual, reactive processes to proactive, intelligent workflows. The AI Agent is the first enterprise-grade Agent that understands payments, is auditable by design and delivers verifiable, rapid results built on existing connectivity and a deep understanding of how enterprise payment systems and workflows work. When combined with the Workspace, a canvas for payment teams and the AI Agent to operate in, they create a new model for how companies manage payment workflows, streamlining operations from insight to execution to issue resolution. Key features include: AI That Respects Rules and Roles: The AI Agent only takes action when it’s approved to do so and will never let third-party model providers train on your data. Purpose-Built Intelligence; and Seamless Execution.
Fintech factiiv’s platform for SMBs provides them tools to report positive and negative trade experiences, share credibility reports with vendors, partners, and customers; access risk assessment reports when extending credit and connect with a community of data providers
Fintech factiiv, has officially launched the first B2B credibility-building platform designed exclusively for small businesses. This transformative solution puts the power of credit and trade reporting directly into the hands of entrepreneurs, giving them tools to: Report positive and negative trade experiences; Share credibility reports with vendors, partners, and customers; Access factiiv reports to better evaluate risk when extending credit; Participate in a community of data providers to create a transparent trade ecosystem. In the coming months, factiiv will roll out a revolutionary service enabling small businesses to become data providers. This will allow members to access real-time reports on customers and vendors—reporting both positive and delinquent accounts to help create a more honest, transparent trade economy. Furthermore, the company plans to integrate AI-powered sales and customer support tools to enhance user experience and data integrity. These smart features will help businesses make faster, smarter decisions about who they choose to work with—and how they choose to grow. By combining AI with its existing infrastructure, factiiv is not only helping users mitigate risk but also assisting them in building a stronger foundation for long-term success.
BuyerTwin creates AI interactive “twins” of ideal buyer personas, providing businesses with direct, unfiltered feedback on their marketing, sales, and product strategies
BuyerTwin launched its groundbreaking AI-powered platform that creates interactive “twins” of ideal buyer personas, providing businesses with direct, unfiltered feedback on their marketing, sales, and product strategies. The platform allows teams to test messaging, content, website usability, and more, receiving instant, honest insights as if talking directly to their target audience. BuyerTwin leverages advanced AI and data from its proprietary TwinForce network—which recruits real buyers—to build highly accurate virtual personas. Users can interact with these AI twins in real-time to understand customer perspectives deeply. Key capabilities include: Website Feedback: Instantly see how site copy, design, and navigation feel from the buyer’s perspective; Content Insight: Understand which topics, formats, and messaging angles genuinely capture buyer attention and address their needs; Channel Behavior Analysis: Discover where ideal buyers actually spend their time and how they prefer to engage; Positioning & Messaging Tests: Refine value propositions and eliminate confusing jargon to ensure clarity; Sales Approach Validation: Get direct feedback on sales messaging and identify what buyers need to feel confident; Competitor Analysis: Understand how buyers perceive competitor offerings and positioning; Keyword Discovery: Uncover the authentic language and search terms buyers use.
BuyerTwin creates AI interactive “twins” of ideal buyer personas, providing businesses with direct, unfiltered feedback on their marketing, sales, and product strategies
BuyerTwin launched its groundbreaking AI-powered platform that creates interactive “twins” of ideal buyer personas, providing businesses with direct, unfiltered feedback on their marketing, sales, and product strategies. The platform allows teams to test messaging, content, website usability, and more, receiving instant, honest insights as if talking directly to their target audience. BuyerTwin leverages advanced AI and data from its proprietary TwinForce network—which recruits real buyers—to build highly accurate virtual personas. Users can interact with these AI twins in real-time to understand customer perspectives deeply. Key capabilities include: Website Feedback: Instantly see how site copy, design, and navigation feel from the buyer’s perspective; Content Insight: Understand which topics, formats, and messaging angles genuinely capture buyer attention and address their needs; Channel Behavior Analysis: Discover where ideal buyers actually spend their time and how they prefer to engage; Positioning & Messaging Tests: Refine value propositions and eliminate confusing jargon to ensure clarity; Sales Approach Validation: Get direct feedback on sales messaging and identify what buyers need to feel confident; Competitor Analysis: Understand how buyers perceive competitor offerings and positioning; Keyword Discovery: Uncover the authentic language and search terms buyers use.
Bottomline Paymode is a new in-app self-enrollment service for supplier payments providing enhanced remittance data and helping automate more reconciliation tasks for suppliers, earning rebates on payments they already make
Bottomline, a global leader in business payments, has introduced Paymode for Digital Banking, a new in-app self-enrollment service for supplier payments. This feature is embedded into Bottomline’s commercial Digital Banking solution, allowing bank clients to offer Paymode to their business customers in a single platform. The solution aims to digitize more payments for corporates and generate more sustainable non-interest income for banks. The Digital Banking solution, used by over 440,000 businesses, and Paymode and its network of over 550,000 vendors, provide the scale to transform how businesses pay and get paid. The solution simplifies business payments, automates reconciliation tasks, and enables payers to earn rebates on payments they already make.
TreviPay has added automated buyer onboarding to its order-to-cash (O2C) offering, allowing business buyers to apply for trade credit through a dynamic self-serve application
TreviPay has added automated buyer onboarding to its order-to-cash (O2C) offering, allowing business buyers to apply for trade credit through a dynamic self-serve application. The company’s automation technology reduces manual reviews, speeds up credit decisioning to near real time, reduces online cart abandonment, and helps buyers with time-sensitive orders. The application is localized for key geographies, including the United States, Australia, Canada, and the United Kingdom, to address country-specific business terminology, language, and regulatory requirements. The automated onboarding also delivers a form version tailored to enterprises or small- to medium-sized businesses based on company revenue figures input by the buyer. This is the latest of several additions to TreviPay’s offerings, including enhancements for dealer management systems, a new self-financing option, and enhanced payment application features. The company’s flexible net terms programs allow clients to leverage its technology and automated decisioning engine for managing accounts receivable while configuring a funding option that works for them.