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According to the IOFM, one third of organizations detected between 1 and 5 fraud attempts in 2024.*
It's no surprise. In a matter of seconds, ChatGPT can now create a fake invoice with realistic addresses, tax info, payment instructions, logos and watermarks to stump any AP clerk.
Take a look at the figures yourself in IOFM's AP Fraud and Security in 2025:Benchmarking the Trends Report.
Conducted in early 2025 with over 350 AP professionals, read to understand the trends around:
1. How Fraud is Evolving
2. Fraud Techniques and Targets
3. Detection and Recovery
Benchmark yourself against your peers and find out what you can do to prevent attacks on your organization, with this report.
*IOFM's AP Fraud and Security in 2025:Benchmarking the Trends, 2025
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