AppZen’s AI examines every expense in real-time. All receipts, tickets, and other documentation are inspected – producing a full understanding of the who,
AppZen’s automated audit seamlessly integrates with all major ERP and expense software, including Oracle, Concur, and NetSuite so you don’t need to change your software.
Explainer Video Script
John’s in charge of managing his company’s travel and expense report process. John’s reached a peaceful, Zen-like state in his job.
It wasn’t always this way.
John was stressed, working overtime, fighting to hire temps for more manual auditing just to stay on top of things.
But the fact is, finding problems in expense reports is like looking for a needle in a haystack.
John and the T&E team are only able to select a few reports to audit, automatically approving the rest, which can cost a company thousands of dollars due to misuse, non-compliance, and even fraud.
So, what changed John’s outlook?
AppZen is the world’s first artificial intelligence powered solution for expense reporting.
Enabling real-time auditing for 100% of expenses and saving companies millions of dollars.
Here’s how AppZen works.
An expense report is submitted through standard expense management software – all of which AppZen seamlessly integrates with.
In real time, AppZen’s Artificial Intelligence robots take over – reading and interpreting every expense. All receipts, tickets, passes, and other expense documentation are examined.
Receipts are verified and duplicates eliminated the robots extract a full understanding of the
who, where, and why of every expense.
Then our robots research hundreds of data sources to verify merchant identities and validate the truthfulness of every expense – ensuring there is no fraud, misuse, or violation of laws.
Finally, every report is assigned a risk score, with suspicious ones marked as “high risk.”
Now the T&E team can focus on only the fraction of expense reports with real concerns.
AppZen lowers audit costs up to 80% and identifies up to 10 times more financial risks!
Contact us now to learn how AppZen can show you what’s hiding in your company’s expense