Press Releases
Metis ReGenesis: Building Infrastructure for the Integration of Blockchain and AI
Metis officially announced its ReGenesis strategy, shifting its business focus to artificial intelligence, aiming to build underlying infrastructure for the integration of AI and blockchain. The strategy includes developing high-speed networks, data availability tools, and a computational storage interoperability system, as well as incubating its first AI project, LazAI, to address challenges of centralization and data alignment in AI development.
Celonis Research: 89% of Enterprise Executives Believe AI Lacking Process Intelligence Will Fail to Achieve Expected Results
On February 7, 2025, Celonis released the "2025 Process Optimization Report," based on interviews with over 1,600 global business leaders, revealing the critical role of process intelligence in AI implementation. The report shows that 89% of respondents believe AI must understand business processes to produce effective results, 81% plan to use AI to improve processes within the next 12 months, and 58% are concerned that inefficient processes will limit AI's value.
Rossum launches specialized AI agents to automate financial document processing
Intelligent document processing platform Rossum announced the launch of specialized AI agents designed to automate corporate financial document work. Targeting scenarios such as accounts payable, these agents can execute standard operating procedures, reason, integrate master data, and provide business insights, helping enterprises improve efficiency and ensure compliance.
PaperIQ Launches AI-Driven Search and Verification Engine, Surpassing Traditional Large Language Models
PaperIQ announced on February 20, 2025, the launch of its AI-driven search and verification engine aimed at accelerating document-intensive workflows. The platform leverages proprietary datasets and benchmarks to provide precise answers with direct page citations, overcoming the limitations of traditional LLMs in document structure and domain-specific queries. Early users report a 50% reduction in document review time.
Madison Insurance Group President Mark Sims Addresses Enterprise Risk Strategies for CFOs
Mark Sims, President of Madison Insurance Group, addressed the CFO Resources Group in January, highlighting enterprise risk as a critical financial blind spot for CFOs. His presentation on risk management strategies beyond traditional insurance resonated with attendees, earning him a return invitation for a deeper dive into advanced solutions.
Tesorio Launches AI-Powered New Features to Accelerate Cash Flow and Eliminate Financial Friction
On March 13, 2025, Tesorio announced the launch of multiple AI-powered new features and integrations aimed at eliminating financial silos, structuring cash flow data, and accelerating the order-to-cash process. New features include AI promised payment date detection, AI email summaries, customer graphs, and integrations with Slack, Salesforce, and Gmail, helping finance teams understand in real time when revenue converts to cash.
Tesorio Launches Workflows: No-Code Automation That Puts Finance Teams in Control | CFO Dive
Gregory Law Group: A Strategic IRS Defense Partner for CFOs Navigating High-Stakes Tax Compliance
As IRS enforcement intensifies, CFOs and CPAs face growing pressure in tax compliance and disputes. Gregory Law Group, led by former IRS Senior Tax Attorneys, provides strategic defense and proactive counsel for high-stakes tax matters.
Basware Named a Leader in First-Ever Gartner Magic Quadrant for Accounts Payable Applications
Basware announced its inclusion as a Leader in Gartner's inaugural Magic Quadrant for Accounts Payable Applications. The company earned this recognition through its end-to-end invoice lifecycle management solutions, AI-driven automation capabilities, and a global customer base.
Tesorio Launches First AI Agent to Streamline Supplier Portal Invoicing and Accelerate Cash Flow
Tesorio, a Connected Financial Operations platform, has unveiled its first AI agent, Supplier Portals Agent, designed to automate supplier portal invoicing. The tool addresses the growing complexity of portal-based invoice processing, which now accounts for up to 70% of invoices in some cases. Early adopters report significant time savings and improved visibility, with one customer reducing manual portal management time by over 75%.