Medius Legacy vs Digital - Pitch
SUBJ: The hidden paper jam that’s exposing businesses to fraud
Hi X,
Despite AI’s dominance in finance conversations, one analog dinosaur is staging a comeback: paper checks. Shockingly, usage rose 16% last year, and with it, so did fraud.
In fact, paper checks remain the most common vehicle for invoice fraud, suggesting that your paper trail could cost you millions. Despite all their pain points, why are legacy payment systems still hanging on?
Romina Muhametaj, Senior Director of Medius Pay Sales and Operations, believes the key to reducing these vulnerabilities lies in adopting a digital and automated accounts payable (AP) system. Her insights include:
Fraud Reduction: How digital payments improve security through advanced protocols
Efficiency Gains: How digital payment systems improve speed and accuracy
Audit-Ready Controls: The compliance benefits of traceable, digital transactions
Would you be open to a contributed piece from Romina, exploring the risks of outdated payment methods, the barriers to adopting automation, and how there is a simpler way to safeguard businesses against fraud?
Looking forward to hearing your thoughts!
Thank you!
Alex