Inquiry on AI-Powered Invoice Fraud Detection in Oracle Fusion Cloud
Summary: I’m reaching out to learn more about Oracle Fusion Cloud’s current and future capabilities in leveraging AI to detect potentially fraudulent invoices in Accounts Payable module.
We recently encountered a case where a fraudulent invoice was submitted for a routine service, but the vendor name appeared suspicious. Our team investigated and found that the company was flagged as a scam online. This incident highlighted a vulnerability in our invoice intake process, and Cetera could have easily been affected.
Given the increasing sophistication of fraud attempts, we’re interested in understanding whether Oracle Fusion Cloud ERP, particularly through its integration with Oracle Cloud Infrastructure, offers any AI-driven tools or multi-agent systems that can prescreen invoices for anomalies such as: