Press Releases
Right Skale Inc. announced the launch of DualEnroll AI, an artificial intelligence platform for payers to streamline the dual-eligibility enrollment lifecycle, covering eligibility identification, enrollment processes, and ongoing certification, while complying with relevant regulatory requirements. Early deployments show reduced enrollment cycles, lower costs, and improved audit readiness.
R5 Cost Reduction released an analysis stating that most mid-sized enterprises have not benchmarked treasury and banking fees, leading to overpayments of 10% to 30%. Through thousands of client engagements, the company found that treasury fees are one of the most frequently overlooked sources of excess spending in mid-sized organizations. R5 identified five common issues, including excessive per-transaction fees, uncompetitive foreign exchange spreads, outdated account structures, hidden monthly maintenance fees, and charges for unused services. The company recommends optimizing fees through data-driven negotiations without the need to switch banks.
The latest report from Savant Labs shows a significant gap in AI automation among enterprises in finance, tax, and accounting: 76% of respondents plan to invest in agentic automation in 2026, but only 6% have advanced strategies for large-scale implementation. Governance and audit concerns (37%) and ERP integration issues (24%) are the main obstacles. Over 80% of leaders expect headcount to remain unchanged, with AI viewed as a productivity multiplier rather than a tool for layoffs.
On February 24, 2026, Basware announced the launch of two new AI agents in its Invoice Lifecycle Management (ILM) platform, designed to handle invoice disputes and payment inquiries, and provide real-time processing recommendations to AP clerks. The company's CEO, Jason Kurtz, stated that the goal is to achieve 100% automated, compliant, and protected invoice processing. Additionally, Basware plans to release more agents during 2026, such as a supplier agent and an AP Pro agent. Early customer Billerud has already benefited from InvoiceAI, achieving a rapid return on investment.
As Medicare-eligible employees become the fastest-growing segment of the workforce and employer healthcare premiums continue to rise, employee healthcare benefits transition platform When announced on February 26, 2026, the launch of Medicare support services to help current and departing employees assess, plan, and complete Medicare transitions, thereby reducing healthcare expenditures for both companies and individuals.
On March 3, 2026, Basware announced that Donna Wilczek will serve as Chief Product and Technology Officer, responsible for product strategy, technology vision, and roadmap, driving the company to become the standard-setter in intelligent finance. Wilczek previously served as an executive at Coupa and a member of Basware's board of directors, with over 20 years of experience in B2B product innovation.
Savant Labs announced it will co-host a 30-minute webinar with Rover to explore how Rover uses the Savant platform to replace manual spreadsheets and automate sales tax reconciliation processes, significantly shortening month-end closing time and enhancing audit readiness.
Papaya Global and Payrollminds announced a strategic partnership, combining the former's AI-driven payroll and payment platform with the latter's global practical expertise to optimize end-to-end payroll processes, implementation quality, compliance governance, and cross-border payment execution for enterprises.
The latest IDC white paper, "The Cost of Inaction: The Business Impact of Not Using Professional Services Automation," indicates that professional services firms that decide not to adopt PSA systems after evaluation may lose 5%–10% of potential revenue and productivity annually. Sponsored by Kantata, the study uses modeling to reveal how inefficiencies such as administrative burden, talent misalignment, scope creep, and billing delays accumulate over time into significant financial losses.