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LEADERSHIP TEAM
CFO. Naresh Bansal. Naresh has more than 20 years of financial management for private and public companies, including over 10 years of executive leadership for high-growth SaaS organizations. MASTERMIND FINANCE AI VIRTUAL SUMMIT 2021 AppZen Labs India Pvt. Ltd PV House Damle Path, Off Law College Road, Pune 411004 MH, India APPZEN AI FOR MODERN FINANCE TEAMS The AI platform for modern finance teams . AppZen overhauls the way finance teams work, automating spend approvals and providing insights that help you reduce SUNSHINE ACT COMPLIANCE: ALL YOU NEED TO KNOW What is the Sunshine Act? Its full name is actually The Physician Payments Sunshine Act (PPSA) and it was designed to boost transparency around the financial relationships between physicians, hospitals, and drug companies. The Sunshine Act requires that drug companies and makers of medical devices and supplies covered by the three big federal healthcare programs—Medicare, Medicaid, and WORKDAY EXPENSES AUDITING AND APPZEN Audit 100 percent of spend prior to payment. Review or audit all expenses before you pay. Because AI auditing is automated and happens in real-time, you can review 100 percent of expenses prior to payment, and still reimburse employees quickly.. Understand documentsLEADERSHIP TEAM
CFO. Naresh Bansal. Naresh has more than 20 years of financial management for private and public companies, including over 10 years of executive leadership for high-growth SaaS organizations. MASTERMIND FINANCE AI VIRTUAL SUMMIT 2021 AppZen Labs India Pvt. Ltd PV House Damle Path, Off Law College Road, Pune 411004 MH, IndiaLEADERSHIP TEAM
Co-Founder and CTO. Kunal Verma. Kunal co-founded AppZen in 2012 and developed its core artificial intelligence technology. He is passionate about developing AI-based solutions to solve real-worldbusiness problems.
WHAT IS APPZEN?
Overview of AppZen's core functionality and value. AppZen integrates with all major Enterprise Resource Planning (ERP’s) and Expense Management Systems (EMS) to EXPENSING IN A CRISIS, PART 2: COMPANIES RETHINK EXPENSE We hope our last blog helped your organization consider its response to the current global health crisis. As the situation surrounding COVID-19 has progressed, more travel restrictions and social distancing practices are being implemented every day. More and more companies are implementing work-from-home policies to adapt to the changing situation. We’ve been tracking the data STREAMLINE SPEND PROCESS When it comes to reimbursable expenses, your process may be straightforward, but it can still feel taxing to your employees. Every month or so, they diligently enter all of their business purchases into your expense management platform, hit “submit,” and then waitto be reimbursed.
THE FOREIGN CORRUPT PRACTICES (FCPA COMPLIANCE) LAW IS To the extent most people have heard of the Foreign Corrupt Practices Act, it’s like the FCPA’s anti-bribery provisions which generally prohibit the offering or promising of things of value to foreign officials to obtain or retain business. However, FCPA compliance has always been much broader than its name suggests because of its booksand
EVERYTHING YOU NEED TO KNOW ABOUT VAT AND EXPENSE Value-added tax (VAT) is a somewhat familiar topic, yet very few people seem to know precisely what it is, or how to approach it in terms of employee expense reports. We, therefore, want to help demystify the topic, with answers to frequently asked questions. So what is VAT? Is it just something like international sales FCPA COMPLIANCE: WHAT YOU NEED TO KNOW What is the FCPA? Its full name is actually the Foreign Corrupt Practices Act of 1977 (FCPA) and it was designed to make it illegal for companies to influence foreign officials with personal payments. The bribing of foreign officials by American companies was so problematic – a US Securities and Exchange Commission (SEC)investigation in
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 their desks. Unscrupulous criminals can exploit this vulnerability by sending unsuspecting companies invoices for products that were never delivered, services that were never rendered — often from companies that don’t exist. With hundreds and sometimes thousands APPZEN INTEGRATION OVERVIEW This video highlights the steps to integrate AppZen with Concur 5 WAYS TO STOP ACCOUNTS PAYABLE LEAKAGE AT SCALE WITH AI AppZen is being used by 1/3 of Fortune 500 companies. Learn how AppZen can help you stop accounts payable leakage at scale. This website stores cookies on your computer. These cookies are used to collect information about how you interact with our website and allow us to remember you. We use this information in order to improve and customize your browsing experience and for analytics and metrics about our visitors both on this website and other media. To find out more about the cookies we use, see our Privacy Policy. If you decline, your information won’t be tracked when you visit this website. A single cookie will be used in your browser to remember your preference not to be tracked.Accept Decline
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Why AppZen Reduce spendComply with
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How our AI
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Extend and tailor Expense Audit and AP AuditExpense Audit
Audit 100% of your expense reports instantlyAP Audit
Review all your invoices before you payInsights
Arm managers with the right information to change spend cultureSOLUTIONS
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see how we do it
SPEND AUDITED TO DATE$
8582,878885,858683,828385 THE AI PLATFORM FOR MODERN FINANCE TEAMS Our platform overhauls the way finance teams work, automating spend approvals and providing insights that help you reduce spend , comply with policy , and streamline process.
OUR AI PLATFORM
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PLATFORM
Extend and tailor Expense Audit and AP Auditlearn more
EXPENSE AUDIT
Audit 100% of your expense reports, instantlylearn more
AP AUDIT
Audit 100% of your invoices, before paymentlearn more
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STAR MATCH TM
STAR MATCH TM
Don’t just validate prices and units. Connect the dots with Star Match. Verify SLAs, volumes, discounts, delivery times, contractor activity, and much more to flag risk across all of your business systems. Learn more . TIE INTO ALL OF YOUR BACK-OFFICE SYSTEMS TIE INTO ALL OF YOUR BACK-OFFICE SYSTEMS We seamlessly integrate with all major back-office systems without disrupting your existing processes. explore our platform TRUSTED BY INDUSTRY LEADERSview
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“ AppZen helped us get control of our costs and, more importantly, shape people’s behavior."Melanie Gallagher
Global Compliance Manager, IntuitRESOURCES
NOT JUST FOR DUMMIES – FOR SMART PEOPLE TOO! Learn why AI is a must for modern finance teams in our special editione-book.
Get your free e-bookVIDEO
SEE HOW OPKO HEALTH USES APPZEN FOR RISK MANAGEMENT With AppZen, OPKO Health can review hundreds of thousands of transactions, giving them a level of visibility and risk management that they’ve never had before.WATCH THE VIDEO
VIDEO
FIND OUT HOW AIRBUS WILL SAVE MILLIONS WITH AI The aircraft maker’s Americas unit is digitizing the approval of expense reports and payment of invoices.WATCH THE VIDEO
TIME IS MONEY.
APPZEN SAVES YOU BOTH. Contact us to set up a demo of our platform with one of our friendly enterprise account executives.Schedule a Demo
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