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Nobody gets fired for approving a $200 invoice. That's where the money goes. Freehand checks every line against the contract. $26M recovered in weeks. Paid partnership with Freehand. Book Demo:

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Jason Hood

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27,561 views • 2 months ago •via X (Twitter)

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We saved $260M in cash for cos. like Meta, Unilever, and J&J by finding baseless charges across 19M+ invoices. Now, we've raised $75M to extend our guarantee: if we can't find $500K in overpaid invoices, we'll pay you $10K. Book a demo: ------------------------ How it works ⬇️ PROBLEM: A Fortune 500 gets a million invoices a year. Most of them are for a couple hundred dollars. Checking one properly means opening the contract, pulling the rate card, matching the PO, and hunting down the bill of lading that proves the shipment moved the way the carrier says it did. All of that work to defend $200. So nobody does it. The pile goes to a human. The human audits only a sample (12%) and pays the rest (88%) blindly. That's where the money goes. At a pharma co, we found an uncontracted surcharge billed across global carriers for two years. $26M nobody questioned, because every individual line looked ordinary. Each surcharge is small enough that escalating it costs more than paying it. And there are a million of them. ------------------------ SOLUTION: Freehand’s AI reads everything: every line of every invoice, against every contract, rate card, transaction data, bill of lading, warehouse record, time sheet, and email exchange between you and the supplier. It also analyses every past invoice, and transaction data with that supplier, ever. It holds all of this knowledge in a Context Graph. When an invoice arrives, it knows what you should pay, what actually shipped, if the service was delivered or not, what the SLA was, and what this supplier billed you for the same service last quarter. Then it proactively: > writes up the dispute with the evidence attached > emails the supplier > calls her when the email goes quiet > Slacks your purchases team for more information > Follows up until the invoice comes back corrected. > Approves the correct invoice > Pays it across different currencies and tax structures > And accrues the right amount to your general ledger Freehand’s will do all of that to recover $20, because it is doing it across all millions of invoices at the same time, saving 5-10% of company spend with 100% SOX compliance and auditability. ------------------------- 🚨 RT + reply "FREEHAND" and we'll send you the AI upskilling guide that's already helped 750+ displaced workers move into more secure, higher-paying AI-native roles through Freehand's Transition Bootcamp.
2:04

We saved $260M in cash for cos. like Meta, Unilever, and J&J by finding baseless charges across 19M+ invoices. Now, we've raised $75M to extend our guarantee: if we can't find $500K in overpaid invoices, we'll pay you $10K. Book a demo: ------------------------ How it works ⬇️ PROBLEM: A Fortune 500 gets a million invoices a year. Most of them are for a couple hundred dollars. Checking one properly means opening the contract, pulling the rate card, matching the PO, and hunting down the bill of lading that proves the shipment moved the way the carrier says it did. All of that work to defend $200. So nobody does it. The pile goes to a human. The human audits only a sample (12%) and pays the rest (88%) blindly. That's where the money goes. At a pharma co, we found an uncontracted surcharge billed across global carriers for two years. $26M nobody questioned, because every individual line looked ordinary. Each surcharge is small enough that escalating it costs more than paying it. And there are a million of them. ------------------------ SOLUTION: Freehand’s AI reads everything: every line of every invoice, against every contract, rate card, transaction data, bill of lading, warehouse record, time sheet, and email exchange between you and the supplier. It also analyses every past invoice, and transaction data with that supplier, ever. It holds all of this knowledge in a Context Graph. When an invoice arrives, it knows what you should pay, what actually shipped, if the service was delivered or not, what the SLA was, and what this supplier billed you for the same service last quarter. Then it proactively: > writes up the dispute with the evidence attached > emails the supplier > calls her when the email goes quiet > Slacks your purchases team for more information > Follows up until the invoice comes back corrected. > Approves the correct invoice > Pays it across different currencies and tax structures > And accrues the right amount to your general ledger Freehand’s will do all of that to recover $20, because it is doing it across all millions of invoices at the same time, saving 5-10% of company spend with 100% SOX compliance and auditability. ------------------------- 🚨 RT + reply "FREEHAND" and we'll send you the AI upskilling guide that's already helped 750+ displaced workers move into more secure, higher-paying AI-native roles through Freehand's Transition Bootcamp.

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I built GeoGuessr — but for finding Rho ads in the wild. We're giving $100 for every picture you take across NY and SF, in partnership with Rho. That's right. Real money for spotting ads. Here's how to play ⤵︎ 🗺️🤝

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ICE Officer gets busted for a DUI while in broad daylight with his kids in the backseat, then goes on a racist tirade against the cops who caught him
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It’s time to abolish the Barack Obama Affordable Care Act “A single Social Security number used for over 125 insurance policies — Nearly $21 billion, 1/3 of the subsidies paid out went to people who never claimed the payments on their tax returns.” “58,000 dead people received benefits. At least 7,000 were dead before the coverage kicked in. That's thousands of applications filed with Social Security numbers of dead people. That is textbook fraud and nobody checks.” Big Pharma gets paid out for all of these plans “Nobody is checking anything when it comes to a government handout. Nobody is checking a thing.”

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The Dodgers owe $1.1 BILLION in deferred money. They’ll still be cutting checks to these guys in the 2040s while the rest of baseball gets buried. And people wonder why this sport is headed for a fucking strike. Nobody wants to admit it, but baseball has a massive problem.
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The Dodgers owe $1.1 BILLION in deferred money. They’ll still be cutting checks to these guys in the 2040s while the rest of baseball gets buried. And people wonder why this sport is headed for a fucking strike. Nobody wants to admit it, but baseball has a massive problem.

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MOST PEOPLE BUY THE PRINTER BEFORE THEY FIND THE BUYER. That is why most 3D printing businesses die as a desk toy. The machine is not the moat. The moat is: the finishing work nobody wants the part needed in 24 hours the material nobody local stocks the file that ships before the object the business customer who orders again Same printer. Same plastic. Completely different business. Consumer trinkets compete with every Etsy seller on earth. B2B parts, measurements, fixtures, repairs and repeat orders compete with waiting, downtime and inconvenience. That is where the money is. The printer gets the headline. The system around it gets paid. Full breakdown below ↓

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Yall say what yall want about Tyler Perry but he’s out here valuing us, continually, WHERE IT COUNTS🤷🏾‍♀️ Cory Hardrict says he was paid more money in 3 weeks by Tyler Perry for Divorce In Black than he’s been paid in 3Months for films with $750 Million dollar+ budgets. Video: The Breakfast Club

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0:50

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