News
Discover fresh perspectives on Accounts Payable, financial technology, and mature AI in our news series.
Our News
How AI is changing the fight against invoice fraud
In just a few short years, AI has gone from niche to ubiquitous. A recent…
Thin Margins, Rising Fraud: Why Grocers Are Automating The Back Office
Grocery retailers are facing cost pressures from nearly every direction, and according to Dan Kim,…
Ottimate Becomes First AP Platform to Launch MCP Integration, Further Strengthens Conversational AP Offerings
Ottimate introduces MCP support, giving finance leaders direct access to AP data within the LLM…
Why AI-Powered Invoice Fraud Is Becoming Harder to Detect
Invoice fraud is nothing new. It’s something that’s always been on the radar of finance…
Your Five-Star Experience Has a One-Star Back Office
We spend millions on the “front-of-house” experience, but a fragmented AP architecture is quietly eroding…
US paytech Ottimate names Shawn Lane as new CEO
Lane succeeds Ottimate’s former CEO Barrett Boston, who is stepping down from the role having…
Ottimate Appoints Shawn Lane as CEO to Lead Next Phase of AI-Driven Growth
Ottimate, the leading AI-powered accounts payable (AP) automation and payments platform, today announced the appointment…
Nasdaq Gets Green Light for Tokenized Securities Trading
Nasdaq has received approval from the U.S. SEC to enable trading of tokenized securities, marking…
AP automation platform Ottimate appoints Shawn Lane CEO
Ottimate, the leading AI-powered accounts payable (AP) automation and payments platform, today announced the appointment…
Ottimate Appoints Shawn Lane as CEO to Lead Next Phase of AI-Driven Growth
SAN FRANCISCO — March 19, 2026 — Ottimate, the leading AI-powered accounts payable (AP) automation…
CAST Members in the News
CAST and LeadingAge members are recognized for new services, partnerships, cutting-edge research, and innovative use…
AP automation: Survey depicts poor picture for mid-market firms
A new vendor survey, conducted by San Francisco-based Ottimate, which provides AI-powered AP automation (where…
For mid-market firms, full AP automation is a long way off
Is the mid-market ready for a wholly automated finance function? A new vendor survey indicates…
Mid-Market AP Automation: Slow Adoption & Fraud Risks Revealed
The promise of a fully automated finance function remains largely unrealized for many mid-market businesses….
For mid-market firms, full AP automation is a long way off
A survey by accounts payable software firm Ottimate found that 4% of middle market respondents…
Survey: Only 4% of finance teams fully automate accounts payable
Automation is quickly growing in retail, hospitality and healthcare – except perhaps in one aspect.
Only 4% of Finance Teams Have Fully Automated Accounts Payable Despite Widespread Software Adoption
Accounts payable (AP) teams are under increasing pressure to accelerate payments, strengthen controls, and reduce…
Only 4% of Finance Teams Have Fully Automated Accounts Payable Despite Widespread Software Adoption
New Ottimate research finds partial automation is the norm, leaving finance teams exposed to fraud,…
Ottimate Launches First AP-Specific PHI Redaction Tool To Ensure HIPAA Compliance
Feature automatically eliminates patient data from invoices at scale, allowing healthcare providers to avoid costly…
Ottimate Introduces Conversational AP, First AI Assistant To Proactively Assess & Optimize AP Operations
Ottimate Copilot responds to user prompts for day-to-day operational tasks while offering proactive suggestions for…
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