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Invoice Roulette

Email and other general purpose messaging systems are not special purpose transaction protocols. Finance and accounting processes adopt a range of prophylactic measures to try to reduce the risks of such technologies. However bad actors, whether organized crime, lone-wolves, or increasingly state-supported cadres, interleave their malicious content within legitimate message flows. This places the burden of defence entirely on the message recipient, forcing them to play the odds of whether or not a commercial message is safe or not. We call this invoice roulette.

Robots do bookkeeping

Here’s a very early look at how Bmbix enables AI accounting assistants to work together to process a transaction across an entity boundary.

Link to video

The Bmbix structured message network makes business processes internet addressible, and it these transaction rails which allow the robots to communicate independent of the underlying business system API or implementation.

Autonomous Accounting Assistants

Automation and Autonomy

Different AI accounting assistants are capable of different levels of autonomous activity and may be described on a scale of 0-5.

As a business function, accounting already benefits from much low-level automation, such as the generation of reports and integration to other line-of-business systems.