August 31, 2018

AppZen Named a Cool Vendor for 2018 by Gartner


We’re excited to have been named one of four “Cool Vendors” by Gartner in Procure-to-pay applications for 2018, an annual study that highlights new and innovative vendors, products, and services.

AppZen’s proprietary AI-powered spend auditing and compliance platform has been recognized for helping companies work more efficiently and transparently. The technology analyzes the full context of every line item on receipts, invoices, and contracts to identify high-risk out-of-policy spend behavior and can read 40+ languages to ensure complete audit coverage, regardless of where your team travels or purchases from. This reduces annual spend by up to 5%, and drastically improves compliance. Finance teams can take a more analytical role removed from the transactional tasks of daily workflows, engendering broader cultural changes in employee behavior around company spend.

The recognition from Gartner is a testament to AppZen’s ability to help companies scale more quickly and ease the burdens of manual T&E overviews. Other featured companies include Upwork, Vroozi, and Xeeva.

Since launching 18 months ago, AppZen’s Expense Report Audit has attracted 450+ customers; 25 Fortune 1000 companies including Amazon, Twitter, IBM use the AppZen platform to save money on spend and improve their expense cultures.

Gartner is an objective resource providing expert-led, practitioner-sourced and data-driven research to help steer its clients toward the right decisions on the issues that matter most. It equips senior leaders across the enterprise with the indispensable insights, advice and tools they need to achieve their mission-critical priorities and build the organizations of tomorrow. The entire report is available to Gartner clients here.