AppZen

By integrating into a company’s expense automation system, we auditAudit every line item of an expense report in real time to spot compliance issues, waste, and potential fraud prior to reimbursement. We will run a set of “audit checks” (listed below) and bring attention to potential issues for the T&E auditors to further investigate.

Audit 100% of your invoices instantly, prior to payment, to spot compliance issues, incorrect rates, and potential fraud.

By aggregating the data from the Expense Audit product, Insights provides a dynamic dashboard with key metrics around T&E spend behavior. These analytics help highlight common trends to better understand the root cause of compliance issues, waste, and potential fraud. Using Insights, finance departments and team managers can quickly identify the source of poor spend behavior and improve the efficiency of their back-office processes.

AppZen combines patented deep learning, computer vision, and semantic analysis with intelligence from thousands of online data sources to understand financial transactions in business context and make decisions before those transactions happen.

AppZen uses artificial intelligence to automate the auditing process of a company’s overall expenditure. AppZen was founded in 2012 and is based in San Jose, California, with an additional office in ChandlerTempe, Arizona, Arizona and Pune, Pune, IndiaIndia.

AppZen uses computer vision, deep learning, and natural language processing to automatically read and audit expense reports, receipts, invoices and contracts while cross-checking that information against online data sources.

With the ability to read over 40 languages, AppZen's AI makes sense of all the words on a receipt, invoice, contract, or travel document. All extracted receipt and document data is cross checked against internal policies and online data sources to spot discrepancies.

An employees expense history and vendor track record is examined to spot duplicate spend transactions across systems and detect systemic bad behavior.

While all expense reports and invoices are audited, the system creates alerts only when high-risk violations are identified and are in need of addtional review.

By integrating into a company’s expense automation system, we audit every line item of an expense report in real time to spot compliance issues, waste, and potential fraud prior to reimbursement. We will run a set of “audit checks” (listed below) and bring attention to potential issues for the T&E auditors to further investigate.

Audit 100% of your invoices instantly, prior to payment, to spot compliance issues, incorrect rates, and potential fraud.

Continuously monitor supplier contracts terms with AI to enforce compliance across your AP process.

By aggregating the data from the Expense Audit product, Insights provides a dynamic dashboard with key metrics around T&E spend behavior. These analytics help highlight common trends to better understand the root cause of compliance issues, waste, and potential fraud. Using Insights, finance departments and team managers can quickly identify the source of poor spend behavior and improve the efficiency of their back-office processes.