Unrivaled AI and machine learning capabilities redefine vendor authentication, payment integrity and automated fraud detection
DALLAS–(BUSINESS WIRE)–Yooz, a leading cloud-based purchase-to-pay (P2P) automation provider, today announced the North American launch of YoozProtect, an advanced fraud prevention and security solution designed to set a new standard in safeguarding accounts payable (AP) operations. Already established and highly rated in EMEA, YoozProtect is now available to businesses in North America, delivering the most powerful combination of AI tools against fraudulent activity, enhanced vendor authentication and secure payment workflows.
The launch comes at a critical time as financial leaders face increasing risks of fraudulent attacks. According to CFO.com, 83% of CFOs have experienced payment fraud attempts in the past year, with 70% expecting these risks to grow. YoozProtect equips finance and AP teams with cutting-edge AI and machine learning tools to proactively detect and stop fraud before payment execution.
“The finance function has long been reactive when it comes to fraud, relying on manual controls that simply don’t scale against today’s evolving threats,” said Laurent Charpentier, CEO of Yooz. “The future of fraud prevention isn’t about catching fraud after it happens—it’s about stopping it before it starts. AI-powered automation enables finance teams to do just that, ensuring every transaction is verified before risk can take hold.”
Key Features of YoozProtect:
- Smart Fake Detection: Advanced AI and machine learning forensically analyze metadata, detect anomalies and flag suspicious invoices before they can be processed.
- Atypical Amount Detection: Statistical behavior analysis identifies irregular vendor payment patterns, ensuring transactions align with historical benchmarks.
- Vendor Authentication and Management: Real-time vendor detail verification, banking data identification, and Master Data enrichment to prevent fraudulent account setups.
- User Authentication and Security: Role-based access control, Single Sign On (SSO), multi-factor authentication (MFA), and AES-256 encryption ensure only authorized personnel access sensitive financial data.
- Process and Audit Assurance: Comprehensive audit trails track every document action, ensuring compliance with financial security frameworks such as COSO, PCI-DSS, and NIST.
Unlike traditional fraud detection solutions that rely on post-incident audits or basic anomaly detection, YoozProtect leverages a unique combination of AI-powered document analysis, vendor behavior tracking and real-time risk assessments to prevent fraudulent transactions before they happen. This proactive approach helps finance teams reduce financial exposure, improve compliance and maintain stronger vendor relationships.
“We talk a lot about fraud as an inevitability, but the reality is that businesses don’t have to accept financial losses at the cost of doing business,” Charpentier continued. “Technology has evolved to outpace bad actors, and organizations that embrace AI-driven fraud prevention will gain a strategic advantage—not just in security, but in operational resilience and financial confidence.”
YoozProtect is now available to all Yooz customers in North America at no additional cost. The solution is fully integrated within the Yooz AP Automation platform, providing a seamless and intuitive fraud prevention experience for AP teams across industries.
For more information on YoozProtect, visit www.getyooz.com/yoozprotect.
About Yooz
Yooz provides the smartest, most powerful, and easiest-to-use cloud-based E-invoicing and Purchase-to-Pay (P2P) automation solution. It delivers unmatched savings, speed, and security with affordable zero-risk subscriptions to more than 5,000 customers and 300,000 users worldwide. Yooz’s unique solution leverages Artificial Intelligence and RPA technologies to deliver an amazing level of automation with extreme simplicity, traceability, and end-to-end customizable features.
Yooz North America is headquartered in the Dallas, Texas metropolitan area with global offices in Europe.
Contacts
Media Contact:
Breanne Ngo
[email protected]
