Press Releases
Newgen Named Notable Vendor in Forrester's AP Invoice Automation Landscape Report
Newgen Software, a global provider of an AI-first unified digital transformation platform, has been named among Notable Vendors in Forrester's 'The Accounts Payable Invoice Automation Software Landscape, Q4 2025' report. The recognition underscores Newgen's capabilities in streamlining invoice lifecycle management, supporting diverse deployment options, and serving industries such as pharmaceuticals, medical equipment, and manufacturing.
SIB Launches SpendBrain Mobile App on Apple App Store and Google Play
SIB has made its AI-enabled cost reduction platform SpendBrain available on the Apple App Store and Google Play. The mobile app brings conversational intelligence over procurement and spend data to CFOs and executives, enabling real-time insights, approvals, and vendor negotiations from anywhere. The release aims to replace static dashboards with continuous financial visibility.
Workiva 2026 Executive Benchmark Survey: Geopolitical Instability Accelerates Data Automation and Governance
Workiva Inc. (NYSE: WK) released its 2026 Executive Benchmark Survey, showing that geopolitical instability is accelerating data automation and governance initiatives. Key findings include 79% of leaders prioritizing data automation, 73% with IT support, and 71% with dedicated budgets. The survey also reveals AI adoption is maturing with guardrails, and 96% of respondents emphasize CFO-CIO-CSO collaboration on data governance.
Papaya Global Launches OneData, an AI Agent for the Global Workforce
On February 4, 2026, Papaya Global announced the launch of Papaya OneData, an AI-driven data connectivity layer aimed at unifying fragmented global workforce and payroll data, enabling it to be converted into payroll-ready and payment-ready outputs within weeks rather than years. OneData is designed to reduce enterprises' reliance on IT teams and external implementers, support continuously evolving data structures, and serve as the infrastructure layer for the Workforce OS.
AI Platform Helps Payers Overcome Dual Eligibility Enrollment Bottlenecks and Accelerate D-SNP Business Growth
Right Skale Inc. announced the launch of DualEnroll AI, an artificial intelligence platform for payers to streamline the dual-eligibility enrollment lifecycle, covering eligibility identification, enrollment processes, and ongoing certification, while complying with relevant regulatory requirements. Early deployments show reduced enrollment cycles, lower costs, and improved audit readiness.
R5: Treasury fees are one of the most overlooked costs for mid-sized enterprises
R5 Cost Reduction released an analysis stating that most mid-sized enterprises have not benchmarked treasury and banking fees, leading to overpayments of 10% to 30%. Through thousands of client engagements, the company found that treasury fees are one of the most frequently overlooked sources of excess spending in mid-sized organizations. R5 identified five common issues, including excessive per-transaction fees, uncompetitive foreign exchange spreads, outdated account structures, hidden monthly maintenance fees, and charges for unused services. The company recommends optimizing fees through data-driven negotiations without the need to switch banks.
Savant Report Reveals Finance AI Automation Gap: 76% Plan to Invest, Only 6% Achieve Advanced Deployment
The latest report from Savant Labs shows a significant gap in AI automation among enterprises in finance, tax, and accounting: 76% of respondents plan to invest in agentic automation in 2026, but only 6% have advanced strategies for large-scale implementation. Governance and audit concerns (37%) and ERP integration issues (24%) are the main obstacles. Over 80% of leaders expect headcount to remain unchanged, with AI viewed as a productivity multiplier rather than a tool for layoffs.
Basware Launches New Agentic AI Capabilities to Drive Intelligent Finance Transformation
On February 24, 2026, Basware announced the launch of two new AI agents in its Invoice Lifecycle Management (ILM) platform, designed to handle invoice disputes and payment inquiries, and provide real-time processing recommendations to AP clerks. The company's CEO, Jason Kurtz, stated that the goal is to achieve 100% automated, compliant, and protected invoice processing. Additionally, Basware plans to release more agents during 2026, such as a supplier agent and an AP Pro agent. Early customer Billerud has already benefited from InvoiceAI, achieving a rapid return on investment.
Amid an Aging Workforce and Rising Healthcare Costs, When Launches Medicare Cost-Savings Solution
As Medicare-eligible employees become the fastest-growing segment of the workforce and employer healthcare premiums continue to rise, employee healthcare benefits transition platform When announced on February 26, 2026, the launch of Medicare support services to help current and departing employees assess, plan, and complete Medicare transitions, thereby reducing healthcare expenditures for both companies and individuals.
Basware Appoints Donna Wilczek as Chief Product and Technology Officer
On March 3, 2026, Basware announced that Donna Wilczek will serve as Chief Product and Technology Officer, responsible for product strategy, technology vision, and roadmap, driving the company to become the standard-setter in intelligent finance. Wilczek previously served as an executive at Coupa and a member of Basware's board of directors, with over 20 years of experience in B2B product innovation.