invoices & contracts
Finance transformation success requires AI-driven Autonomous Accounts Payable
I have been working on enterprise AP automation programs for 20 years. I remember working with a large insurance company seve...
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Don’t get caught off guard by expired contracts
Contracts are key to mitigate risk, secure discounts, and acquire services. Your procurement teams work hard to negotiate con...
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We let AI loose on millions of invoices and contracts, and here’s what we found (part 3)
Welcome back to the third and final blog in our three-part series of (anonymized) backstories on the nine AP “gotchas” ou...
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We let AI loose on millions of invoices and contracts, and here’s what we found (part 2)
Welcome back to our second blog in this three-part series on nine AP “gotchas,” where we look at some of the more egregio...
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Five types of hidden invoice duplicates that only AI can find
According to the Institute of Finance & Management, only around 60 percent of organizations have fewer invoices duplicate...
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We let AI loose on millions of invoices and contracts, and here’s what we found
Even if you have a tight accounts payable process with a best-in-class invoice automation system, it’s impossible to catch ...
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3 purchase-to-pay challenges to solve this year
Technology is progressing at its highest rate ever. New software solutions are being released into the market every day. In c...
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Manage your contracts with confidence
How often do you review your signed business contracts? If you’re a procurement professional, it’s likely the last time y...
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4 reasons the three-way match is no longer enough to prevent overpayments or fraud
The three-way match, which cross-references invoices, purchase orders, and receiving documents before issuing payments, has b...
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Protect against supplier risk and PR nightmares with contract audit
Procurement teams work tirelessly to find the best suppliers, negotiate great prices, and snag solid discounts. It can be a s...
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Invoice anomalies are hard to detect — but not for AI
Accounts payable (AP) departments at large enterprises pay thousands of invoices each month. It’s difficult for AP teams to...
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Verify the fulfillment of goods and services with AI
AppZen’s fulfillment verification check, a feature of our AP Audit and Contract audit, gives procurement and finance teams ...
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Why payment term enforcement matters
Ideally, every supplier would like to be paid immediately upon receipt of goods, but we all know that can’t happen. Longer ...
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3 common invoicing scams and how to avoid them
Invoicing and payments fraud can take a variety of forms: invoices from fictitious companies, invoices for products that were...
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4 examples of invoice fraud from the last 10 years
Accounting departments often don’t have the time or resources to question the legitimacy of every bill that comes across th...
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