AppZen Reviews & Pricing

by AppZen | Founded 2012, San Jose, CA

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Overview Pricing Benefits Reviews Features

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What is AppZen?

Industry Specialties: Serves all industries

AppZen is an artificial intelligence platform that simplifies finances by automating work that requires human expertise. It automates manual processes, checks for loopholes in finances and strengthens decision-making for employees by optimizing finance for enterprises. It revolutionizes how the finance team works by automating spend approvals and providing rich insights to help the business plan with a strategy based on data.

It ensures expense reduction, compliance and streamlines financial processes for businesses across all industries.

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AppZen Pricing

Based on our most recent analysis, AppZen pricing starts at $5,000 (Monthly).

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Starting From: $5,000
Pricing Model: Monthly
Free Trial: Yes, Request for Free

Training Resources

AppZen is supported with the following types of training:

Documentation
In Person
Live Online
Videos
Webinars

Support

The following support services are available for AppZen:

Email
Phone
Chat
FAQ
Forum
Help Desk
Knowledge Base
Tickets
Training
24/7 Live Support

AppZen Benefits and Insights

Why use AppZen?

Key differentiators & advantages of AppZen

Identify Errors: Businesses can use AI to identify and eliminate errors related to manual processing, duplicate entries, overpaid invoices, expense cheating, crossovers or supplier payments.
Reduce T&E Spend: All employee expense reports are verified before they are paid. Identifies duplicate receipts, personal spending and over-the-limit expenses. AI-powered expense audits provide the business with reports before they receive payment.
Reduce Invoice-Based Spend: Its AI-powered platform audits invoices automatically. Businesses can catch fraud, duplicate spends, crossover with T&E, missing discounts, duplicate spends and more.
Ensure Compliance with Expense Policies: AI-powered expense auditing ensures that T&E spend is compliant with policies before they are reimbursed. The business can detect unauthorized expenses, anything that can land them in a legal situation and those that exceed their policy.
Automate and Streamline: Automate approvals, run management approvals and provide auditors with the correct information to ensure efficiency to streamline expense reimbursement.

Industry Expertise

This AI platform can be used by businesses across all industry verticals to modernize their financial processes.

Synopsis of User Ratings and Reviews

Based on an aggregate of AppZen reviews taken from the sources above, the following pros & cons have been curated by a SelectHub Market Analyst.

Pros

Cloud-Based Accessibility: Access AppZen from any device with an internet connection, allowing for remote work and collaboration.
Automated Expense Management: Digitize and automate expense reports, reducing manual data entry and streamlining the approval process.
Receipt Capture and OCR: Capture and store receipts digitally using the mobile app or email integration, with OCR technology extracting key data for easy expense tracking.
Policy Compliance Enforcement: Set up customizable expense policies and receive alerts for violations, ensuring adherence to company guidelines.
Robust Reporting and Analytics: Generate comprehensive reports and dashboards to analyze spending patterns, identify cost-saving opportunities, and improve budgeting.

Cons

Costly: AppZen's pricing can be prohibitive for small businesses and startups.
Complex Interface: Users have reported finding the software's interface challenging to navigate and use efficiently.
Limited Customization: AppZen may not offer the level of customization that some businesses require for their specific accounting needs.
Accuracy Concerns: Some users have expressed concerns about the accuracy of the software's expense reporting and analysis.
Limited Integration: AppZen's integration with other business software, such as CRM systems, can be limited.

Researcher's Summary:

AppZen is an accounting software solution that has received mixed reviews from users in the past year. Many users praise its user-friendly interface, customizable dashboards, and robust reporting capabilities. However, some users have expressed concerns about its accuracy, limited integration options, and lack of support for certain accounting practices.

Compared to similar products, AppZen is often praised for its ease of use and ability to automate complex accounting tasks. However, it falls short in areas such as accuracy and support, which can be crucial for businesses that rely heavily on their accounting software. AppZen's customizable dashboards and reporting capabilities set it apart from other solutions, allowing users to tailor the software to their specific needs.

Overall, AppZen is best suited for small to mid-sized businesses that prioritize ease of use and customization. However, businesses with complex accounting needs or a reliance on specific accounting practices may need to consider alternative solutions.

Key Features

Real-Time Auditing: Audits data and spends in real time to give the business increased process transparency and control over discrepancies.
Risk Detection: AI makes use of patterns and behaviors to recognize any risk associated with any expense.
Identify Non-Compliance: Non-compliance on any part is immediately identified and reported for the right course of action.
Autonomous AP: All invoices and non-PO spend can be classified, matched and approved without any manual intervention.
Auditing: It seamlessly integrates with the existing expense automation systems to empower auditing in real time. Helps the business locate errors, waste or fraud in real time.
Mastermind: Specially designed for the finance team, Mastermind ensures 100% compliance and auditing on all expenses by automating corporate spend policies.
Mastermind Analytics: Get AI-powered on-demand expense insights that provide an accurate and comprehensive view of the organization’s expense. Helps users understand what is working and what is not to make well-informed decisions.
Team Intelligence: It gives managers complete visibility into team spend so that compliance is ensured and approval workloads are reduced.