As economic concerns increase, many companies begin to reduce their staff to control costs; 88 percent of job loss in routine occupations occurs within 12 months of a recession. While economicda uncertainty continues, Veryfi has emerged as a trusted, reliable partner for companies seeking greater efficiency and stronger customer relationships, continuing its strong annual recurring revenue (ARR) growth. In the second quarter, Veryfi added over a dozen new logos and major accounts including a top supplier of enterprise resource planning software and one of the world's largest CRM/Direct Marketing Network companies. "As companies seek new ways to increase efficiency and manage costs to position themselves for a challenging economy, Veryfi is leading the way, applying AI to automate routine data entry and streamline business processes," said Ernest Semerda, co-founder and CEO of Veryfi. "In Q2, we welcomed over a dozen new customers and multiple strategic accounts spanning key use cases from loyalty marketing to intelligent automation for accounts payable. We are seeing cross-market demand for our Veryfi technology."