6 Surprises Found in Your Invoices by AI Auditing

Hate expense reports? You’re not alone.

Finance teams, inundated by thousands of expenses each month, can only audit a small percentage. They often fall behind schedule and worry about fraudulent expenses falling through the cracks.

In an attempt to minimize leakage, many companies require managers to approve every expense before it’s paid — although managers usually just rubber-stamp them (wasting everyone’s time). Or, the process is so held up by manager approval that employees don’t get paid back for weeks. This puts employees in a tight spot, inevitably leading to frustration and resentment among the team.

Join Cauvery Mallangada, Customer Success Manager, AppZen, as she explains how AI can help.

Travis Andrade, Sr. Product Marketing Manager, AppZen, gives a high-level overview of how AppZen audits every dollar of company spend and showcases the capabilities and key features of the Expense Audit Platform.

Attend this webinar to learn how to
-Reach 100% audit spend
-Proactively enforce policy
-Get employees paid faster

Auditing expense reports requires auditors to closely examine each expense to verify if the correct receipts are attached, and make sure the receipt matches the information input by the employee.

This may sound daunting, but this process is essential for catching potential mistakes – or worse, fraud within travel and entertainment (T&E) spend.

Join Ryan Birdsall, Customer Success Manager, AppZen, as he discusses how to make sure that your auditors focus their attention on the most important items.

AppZen’s AI alleviates the burden auditors endure when tasked with reviewing and verifying receipts attached to an expense report by catching any mistakes, out-of-policy spend, and more.

How often do you review your signed business contracts? If you’re a procurement professional, it’s likely the last time you looked was when you negotiated it.

Join David Wishinsky, Sr. Product Marketing Manager at AppZen, as he discusses how to protect your business from any liability by ensuring that suppliers and contractors are continuously monitored for potential risk.

Attend this webinar to learn how AI can help you to:
- Reduce spend by proactively finding invoice errors and fraud
- Comply with regulations
- Stay ahead of auto-renewals and discount opportunities

Angie Rodriguez, Solution Consultant, AppZen, gives a high-level overview of how AppZen audits every dollar of AP spend and showcases the capabilities and key features of the AP Audit Platform.

Attend this webinar to learn how to
-Prevent duplicate charges
-Enforce payment terms
-Identify missing discounts

Accounts payable departments at large enterprises pay thousands of invoices each month. With such a large volume of invoices, companies leave themselves at risk for overpayment and potential invoice fraud.

As your business grows and your vendor list gets larger, how do you stay on top of the validity of each invoice?

Join Ann Jenkins, Account Manager, XoomWorks, and Charlie Warne, Sr. Solutions Consultant at AppZen, as they discuss how auditing invoices with AI helps you to
- Protect your business from liability
- Avoid PR nightmares
- Stay Compliant

Learn how to harness the power of AI to reduce risk and waste in your travel and expense program

Even if you have a tight accounts payable process with a best-in-class invoice automation system, it’s impossible to catch all of the errors, waste, and fraud in your business spend.

Join Pippa Spencer, Implementation Success manager at AppZen, as she explains how AI powered AP audit helps you to
- Reduce spend
- Streamline process
- Stay compliant

Making sure your business expenses comply with policy, negotiated contracts, and spend regulations is no small feat. It’s hard to get people to read the T&E policy, much less follow it.

And regulatory compliance? If you’re auditing only a fraction of your expenses and invoices, how the heck do you keep your company out of hot water and off of the front page of the newspaper?

Join Ryan Birdsall, Customer Success Manager, AppZen, as he discusses how to enforce compliance and stay out of regulatory hot water.

Most companies allow their employees to submit travel expenses within 90 to 180 days of the purchase. This is great for employees, however, it leaves the company at risk of reimbursing the same expense twice.

Join Tonya Espinoza, Implementation Success Manager at AppZen, as she discusses how AppZen’s AI-powered Expense Audit helps you to detect duplicate receipts prior to reimbursement.

Although AI can’t determine if duplicate submissions are careless mistakes or for personal gain, AppZen will help auditors uncover any expense report that appears to be a duplicate to ensure your company never pays the same expense twice.

Accounts payable departments at large enterprises pay thousands of invoices each month. With such a large volume of invoices, companies leave themselves at risk for overpayment and potential invoice fraud.

As your business grows and your vendor list gets larger, how do you stay on top of the validity of each invoice?

Join Charlie Warne, Sr. Solutions Consultant at AppZen, as he explains how auditing invoices with AI helps you to
- Protect your business from liability
- Avoid PR nightmares
- Stay compliant

Travis Andrade, Sr. Product Marketing Manager at AppZen, gives a high-level overview of how AppZen audits every dollar of company spend with AI and showcases the capabilities and key features of our Expense Audit Platform.

Attend this webinar to learn how to
-Reach 100% audit spend
-Proactively enforce policy
-Get employees paid faster

Invoicing and payments problems can take a variety of forms: fraudulent invoices, invoices that don't represent negotiated terms, or just plain duplicates.

As your business grows and your vendor list gets larger, how do you stay on top of the validity of each invoice?

Join David Wishinsky, Sr. Product Marketing Manager at AppZen, as he reveals 15 critical invoice audit and contract compliance use cases that AI makes possible.

Register to learn how AI can help you to
- Reduce spend by proactively finding invoice errors and fraud
- Comply with regulations
- Stay ahead of auto-renewals and early discount opportunities

From our experience implementing our AI-powered expense audit solution for over 1,000 companies, we’ve identified expense policies your company should seriously consider revisiting.

Cauvery Mallangada, Customer Success Manager at AppZen, will discuss

• How to re-think T&E policy
• Create a healthy expense culture
• How AppZen can help

Chris Hester, Solutions Architect at AppZen, gives a high-level overview of how AppZen audits every dollar of company spend and showcases the capabilities and key features of our Expense Audit Platform.

Attend this webinar to learn how to
-Reach 100% audit spend
-Proactively enforce policy
-Get employees paid faster

Violations of the Foreign Corrupt Practices Act and other similar laws occur when money or other things of value are provided, directly or indirectly, to foreign officials to obtain or retain business.

Often times the money needed for a bribery scheme is generated internally within a company by culpable employees, working with culpable third parties, through false invoices and other contracting schemes.

This frequent aspect of FCPA enforcement will be the focus of an engaging webinar presented by FCPA expert Professor Mike Koehler. During the webinar, participants will learn of false invoicing and contracting schemes alleged in recent enforcement actions as well as invoice and contract monitoring practices designed to minimize FCPA risk.

You have a well thought-out expense policy, but is it efficient? Consistently applied? Are errors and non-compliant spend hitting your bottom line?

Learn the benchmarks from 1,000 companies in the trending report, "The State of AI in Business Spend". Expense audit authority Charlie Warne will step you through AI-based expense audit how-tos and critical policies for a step-wise function improvement in your expense audit process.

In this non-salesy one-hour session, you will learn:

- Policy implementation best practices to get you from sampling to 100% spend audit
- Pro tips for optimizing audit decisions and surfacing policy violations using AI
- The 9 must-have policies you haven’t considered, from real-world benchmarks

You have a well thought-out expense policy, but is it efficient? Consistently applied? Are errors and non-compliant spend hitting your bottom line?

Learn the benchmarks from 1,000 companies in the trending report, "The State of AI in Business Spend". Expense audit authority Ray Pell will step you through AI-based expense audit how-tos and critical policies for a step-wise function improvement in your expense audit process.

In this non-salesy one-hour session, you will learn:

- Policy implementation best practices to get you from sampling to 100% spend audit
- Pro tips for optimizing audit decisions and surfacing policy violations using AI
- The 9 must-have policies you haven’t considered, from real-world benchmarks

Chris Hester, Solutions Architect at AppZen, gives a high-level overview of how AppZen audits every dollar of company spend and showcases the capabilities and key features of the Expense Audit Platform.

Attend this webinar to learn how to
-Reach 100% audit spend
-Proactively enforce policy
-Get employees paid faster