Prevent vendor invoice fraud by verifying payment change requests and automating detection

Prevent vendor invoice fraud by verifying payment change requests and automating detection targets a $8.4B = 1.2M businesses × $7K ACV total addressable market with medium saturation and a year-over-year growth rate of 12% YoY (estimate based on combined AP automation and BEC/email-security market growth from industry reports such as Gartner and Proofpoint).

Key trends driving demand: Rising BEC and vendor payment fraud — these attacks have increased attention and budget for AP controls, creating buyer urgency.; API-enabled accounting ecosystems — QuickBooks, Xero, Bill.com and banks expose APIs that make bolt-on verification tools easy to integrate and deploy quickly.; Shift to cloud bookkeeping and outsourced finance teams — distributed teams increase reliance on digital workflows where email-based verification is brittle, increasing demand for automated controls..