AI case study

PerplexityExpense management

Manual digging for price spikes slowed 9,000 monthly transactions. Now, an AI agent codes expenses while accountants review edge cases.

Published|1 month ago

Key results

Close Time Savings
115 hours
GL Time Savings
28 hours
Auto-Coding Rate
>97%

Result highlights

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The story

Context

A fast-growing AI startup manages global operations, hundreds of vendors, and up to 9,000 monthly transactions with a finance team of ten and a general ledger team of one.

Challenge

Rapid growth brought a massive influx of vendor subscriptions, but traditional software required manual digging to spot unusual invoices or sudden...

Solution
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Quotes

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The company

Perplexity logo

Perplexity

perplexity.ai

Perplexity is a technology company that specializes in artificial intelligence and machine learning solutions.

IndustrySoftware & Platforms
LocationSan Francisco, California, United States
Employees1K-5K
Founded2022

The vendor

Spend management platform with corporate cards and accounting automation.

IndustryFinancial Services
LocationNew York, NY, USA
Employees1K-5K
Founded2019

Use case

Perplexity's Expense management is part of this use case:

Data Extraction
125 case studies(+55% YoY)
Proven impact?
LowModerateVery Strong
4.3Moderate
2.5Lowwithin Software & Platforms
3.3Moderatewithin Finance

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