Best Expense Audit Solution? AppZen

Hands down! That's why 1 in 3 Fortune 500s use AppZen Expense Audit.

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Mature and Proven AI, Trained with Auditor Feedback on Hundreds of Millions of Transactions Over 6 Years

Did you know that AI-first expense auditing can help you achieve 90%+ auto-expense report approval, 80% higher auditor productivity, 90% shorter cycle times, and more? AppZen is the only expense auditing solution that can help you do that and make expense reporting easy for your people. You can't get that with Verify or Oversight. 

AppZen Expense Audit is a purpose-built, AI-driven platform for finance that audits employee expenses by reading and understanding the unstructured data on each expense report line, all before you reimburse your employees.

Our advanced AI is the only patented technology on the market. And it comes with the industry’s first finance AI AppStore, where you can access custom-built apps. AppZen’s AI uses computer vision and natural language processing, as well as contextual and content understanding, to deliver:

30+

AI-powered audit models

80+

expense checks

10x

risk detection of other approaches

100%

expense audit, pre-payment

40+

Languages audited

Try our AI with your own expense data!

Get AI insights into wasteful spend, employee errors, and fraud for 14 days and receive a value assessment report to enhance your expense program.

You have nothing to lose and everything to gain.

1 in 3 Fortune 500 Companies Trust AppZen Expense Audit

14 Reasons Why AppZen Expense Audit Is Better Than Other Expense Automation Solutions

Must-have AI capabilities
SAP Concur Verify

SAP Concur Detect by Oversight

Oversight Systems

SAP Concur Intelligent Audit

AppZen Expense Audit

AI platform purpose-built for expense auditing

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Focus is analytics on structured expense data

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Focus is analytics on structured expense data

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Focus is AI-based analysis of unstructured and structured expense data

AI maturity

Nascent, < 1 year old, unproven and non-patented AI

Unproven and unpatented; some basic ML

Unproven and unpatented; some basic ML

Mostly reliant on human auditors, immature technology

Mature, 6+ years, patented technology

Reads and understands unstructured receipt data

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Number of AI audit models

9

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N/A

Limited (0-5)

30+

Number of expense checks

30

Less than 80

Less than 80

Low (up to 20)

80+

Reads foreign languages on receipts, auto translates and overlays on receipt

English only

English only

English only

English only

40+ languages; authenticates fapiao with the Chinese Tax Bureau

Audits spend across T&E, AP, P-Cards, and GL payment journals

T&E only

Payables, T&E and P-card spend

Payables, T&E and P-Card spend

T&E only

Audits 100% of spend

Detects duplicates with cards and invoices

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Detects duplicates with credit card, P- Card transactions and accounts payable invoices

Ability to customize AI models and processes

From limited to no ability

From limited to no ability

From limited to no ability

From limited to no ability

Easily extendable and customizable to meet unique company requirements; offers access to AppStore

Timing of audit checks

Majority audit rules are run post-payment and out of workflow

Majority audit rules are run post-payment and out of workflow

Majority audit rules are run post-payment and out of workflow

Majority audit rules are run post-payment and out of workflow

100% of checks are done prepayment and in workflow

Regulatory compliance checks

No regulatory checks done prior to payment; relies solely on MCC codes

No regulatory checks done prior to payment

No regulatory checks done prior to payment

No regulatory checks done prior to payment; relies solely on MCC codes

100% transaction checks prior to payment using dozens of restricted supplier lists, in addition to MCC codes

Autonomous, next-step automation after accurate, confident AI predictions

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Self-service analytics

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nSecure self- service analytics for every employee to track spend, compliance and team behavior

Actionable analytics for unstructured expense data

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See It for Yourself. Try AppZen Expense Audit for FREE!

Try our AI with your own expense data!

Get AI insights into wasteful spend, employee errors, and fraud for 14 days and receive a value assessment report to enhance your expense program.

Start your free trial

Questions?

We’re happy to help. Contact us or schedule a meeting.

 

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