Autonomous AP
Audit 100% of spend on invoices, expenses, and cards, prepayment
The only spend audit solution using AI to read and understand receipts, invoice images, and Level 3 card data so you can quickly identify risks and detect duplicates, misuse, and fraud.
Review and take action on card transactions as they occur
Evaluate card spend before the expense report is ever submitted. Finance AI understands Level 3 card data transactions to spot unauthorized purchases, hidden personal expenses, and non-compliant merchant spend as it’s being received, directly from vendors.
Find duplicates across expense and invoice systems in 30 minutes
Identify potential duplicate spend across expenses, card data, and invoices within all of your systems, prior to payment. Unlike analytical duplicate detection tools, finance AI models read and understand purchases found within receipt images and invoice documents. This makes it easy to find potential duplicate transactions within minutes of entry.
Identify suspicious spend data patterns and anomalies
Detect anomaly spend and potential fraud through expense type, frequency and amount of spend. Ensure compliance with policy across all forms of spend and identify abnormal spend behavior from your AP Invoices, T&E purchases and ERP systems.
Maximize compliance with sanctioned entity lists
Flag debarred suppliers and individuals across global, country, and industry-specific sanctioned entity and persons lists. Maintain a constant watch for violations of regulations such as anti-bribery, FCPA, SDN, OFAC, and other rules.
Customize AI models and workflows to suit your needs
AppZen Spend Audit is built on our Mastermind AI platform, which allows you to create custom AI models and automations to fit your organization’s unique policies and processes.
Find out what story your data tells you with reporting and analytics
Uncover the trends and culture of your company’s spend behavior with dashboards and AI-driven analytics. Using data from across all areas of spend, identify areas where you can improve cost efficiency and compliance by making changes to policy.
Easily integrate and reduce the time to value
Out-of-the-box connectors with all major ERP, P2P, and T&E applications, as well as card providers, speed up and simplify onboarding without consuming IT resources. Open API and file-based CSV integration capabilities are also available, where required.
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