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AppZen has become an essential tool for users looking to streamline their expense management process. With its automation capabilities, …
Overview
What is AppZen?
AppZen headquartered in San Jose delivers an AI platform for modern finance teams, providing auditing of business spend with automation of manual process, and optimized decision making. The platform combines deep learning, computer vision, and semantic analysis with intelligence from…
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What is AppZen?
AppZen headquartered in San Jose delivers an AI platform for modern finance teams, providing auditing of business spend with automation of manual process, and optimized decision making. The platform combines deep learning, computer vision, and semantic analysis with intelligence from thousands of…
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[Case Study] Find out how Promat uses AppZen to audit 100% of its expense reports
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What does AppZen's AI-Based Expense Audit do?
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Community Insights
TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!
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AppZen has become an essential tool for users looking to streamline their expense management process. With its automation capabilities, users have experienced significant improvements in efficiency and accuracy. By automating the review and approval process, AppZen allows auditors to focus on high-risk expenses while handling the approval process for everything else. This has not only reduced the volume of expenses to be reviewed but also helped prioritize the audit of high-risk items.
Through its AI-powered algorithms, AppZen has ensured 100% audit coverage of business expenses, effectively eliminating the chances of fraudulent claims slipping through the cracks. Users have found that the software helps control excess volume by checking through different modules for tasks that humans are not capable of. Additionally, it has greatly reduced the amount of time required for reviewing expense reports, leading to increased efficiency and reduced backlogs.
AppZen's value proposition extends beyond identifying risks and reducing manual work. It also helps companies maintain compliance with expense policies by detecting duplicates and providing spend visibility. With personalized models, users can set up customized rules that fit their organization's specific needs. This level of customization, combined with the software's ability to remove repetitive tasks and reduce human error, further enhances its appeal.
One key use case highlighted by users is AppZen's role in catching non-compliant behavior such as going over budget limits or submitting duplicate expenses. By identifying employees who are not following travel guidelines or submitting fraudulent expense reports, the software enables companies to take proactive measures in enforcing policies and ensures accurate auditing.
Moreover, AppZen offers a range of features that simplify expense management for users. The mobile functionality allows users to easily snap and upload photos of receipts, saving time compared to using scanners. The ability to record and submit expenses from mobile devices has also been highly valued by users as it increases convenience and expedites reimbursement processes.
Overall, AppZen has proven itself to be a valuable tool in expense management by improving efficiency, reducing fraud, enhancing compliance, and providing a user-friendly experience. Users appreciate its ability to automate processes, save time and money, and offer customization options that cater to their specific needs.
AppZen users have made the following recommendations based on their experiences with the tool:
- Users have found AppZen's reporting capabilities to be excellent. They appreciate the ability to generate detailed and customizable reports, which help them analyze data and identify compliance issues efficiently.
- Many users have praised AppZen for its effectiveness in detecting card abuse. The tool's advanced algorithms and machine learning capabilities flag suspicious transactions and potential cases of fraudulent activity, resulting in reduced financial losses for businesses.
- AppZen has been commended for its role in educating employees about compliance policies and expense guidelines. Real-time feedback and automated policy enforcement help employees understand the importance of adhering to company policies, resulting in improved compliance rates and fewer errors in expense submissions.
In summary, AppZen users recommend the tool for its strong reporting capabilities, card abuse detection features, and employee education functions.
Reviews
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May 13, 2021
Managing finances and resources effectively
Score 10 out of 10
Vetted Review
Verified User
AppZen has helped us track our finances as an organization and manage our resources. It has been of great benefit to us; we have a clear picture of all the resources going in and out of our business and knowledge of the factors that affect our finances.
- AppZen is a great application that has helped us to control and keep our finances safe.
- It has practical features to allocate resources and track operations in terms of finances in the organization.
- It also has features that help improve marketing and other business branches to ensure, above all, its financial security and constant growth.
- It is a robust tool, which proposes a somewhat steep learning curve.
- Its user interface is not the most intuitive.
- It takes some time to get familiar with this application.
- Its technical analysis of the databases of payment processes helps us to automate payments and decision-making.
- The tools allow us to do a good job, and data analysis benefits us in economic terms.
It works very quickly and by analyzing databases through a quantitative understanding of financial processes.