Case Studies


Our clients experience continuous positive outcomes across the 4 categories below—resulting in large improvements to overall profitability & risk

Profitability outflows: expenses & payments

$37,000+ duplicate charges refunded
WiseLayer’s AI identified multiple instances of bills containing duplicate line items that were already paid on previous bills. The vendor refunded these accidental overcharges.
$9,000+ reduced from single bill
WiseLayer's Al identified a bill that had an unusually high growth rate when all other bills in this category had declined. This was a data entry error from the vendor, and it led to the bill being reduced accordingly.
$50K+ in tax credits identified
WiseLaver's Al identified multiple misclassified expenses, which could have been classified as R&D, but were not. The client reclassified these as R&D expenses, and thus became eligible for over $50K in R&D tax credits, including immediate payroll tax offsets/credits

Profitability inflows: top-line & receipts

$46,000+ in under-invoiced fees flagged and recovered
WiseLayer’s AI identified a temporary discount that the billing department accidentally kept on the invoice well past its intended expiration, via human error. These funds were recovered.
$236,000+ in recurring invoices flagged as not-yet-seen
WiseLayer’s AI flagged multiple recurring invoices as not having been sent out on time. Given the large scale of invoices, the client was not aware of this and WiseLayer’s alerts allowed the client to send them out only days after expected.
DSO improved by 15%
WiseLayer’s AI immediately flagged customers whose payment behavior was trending worse over time, which signaled larger issues. The client proactively managed these accounts to increase DSO across the board.

Risks to finances/org

$400,000+ in fraudulent payment requests caught
WiseLayer’s AI identified $400K in fraudulent payment requests at a client who had a large number of payees. The client had expected that some fraud existed but was shocked at the scope, and avoids such payments all together.
$8,000+ scam caught
WiseLayer’s AI caught an attempted ‘professional’ scam, whereby an $8K+ invoice was submitted, which appeared to be from an approved vendor, yet payment receipt and method information was changed. This saved the client $8K+ from a wrongful payment.
$24,000+ duplicate payments caught
WiseLayer's Al found that many instances where a vendor had duplicate profiles in the client's ERP. This caused a duplicate payment that was about to be sent out. WiseLaver caught this issue early.

Efficiency: compliance & close

Fewer new hires needed with Al automation ($100K+ saved)
After a few months of using WiseLayer’s AI automation, a fast-growing client decided that due to their newly increased bandwidth, they no longer needed to hire an additional financial analyst for which they previously budgeted.
Expedited close of books
WiseLayer’s AI identified key issues the moment they were entered into any system (which were previously only noticed at month-end/audits). These included: improper classifications, accrual requirements, budget overruns, data-entry issues and more.
Avoided delay in payroll
WiseLayer’s AI automatically identified a payroll account that was below the amount required to successfully cover bi-monthly payroll for a department of the company. The client was alerted, the oversight was fixed immediately, and payroll was successful.

Case Studies


Our clients experience continuous positive outcomes across the 4 categories below—resulting in large improvements to overall profitability & risk

Profitability outflows: expenses & payments

$37,000+ duplicate charges refunded
WiseLayer’s AI identified multiple instances of bills containing duplicate line items that were already paid on previous bills. The vendor refunded these accidental overcharges.
$9,000+ reduced from single bill
WiseLayer's Al identified a bill that had an unusually high growth rate when all other bills in this category had declined. This was a data entry error from the vendor, and it led to the bill being reduced accordingly.
$50K+ in tax credits identified
WiseLaver's Al identified multiple misclassified expenses, which could have been classified as R&D, but were not. The client reclassified these as R&D expenses, and thus became eligible for over $50K in R&D tax credits, including immediate payroll tax offsets/credits

Profitability inflows: top-line & receipts

$46,000+ in under-invoiced fees flagged & recovered
WiseLayer’s AI identified a temporary discount that the billing department accidentally kept on the invoice well past its intended expiration, via human error. These funds were recovered.
$236,000+ in recurring invoices flagged as not-yet-seen
WiseLayer’s AI flagged multiple recurring invoices as not having been sent out on time. Given the large scale of invoices, the client was not aware of this and WiseLayer’s alerts allowed the client to send them out only days after expected.
DSO improved by 15%
WiseLayer’s AI immediately flagged customers whose payment behavior was trending worse over time, which signaled larger issues. The client proactively managed these accounts to increase DSO across the board.

Risks to finances/org

$400,000+ in fraudulent payment requests caught
WiseLayer’s AI identified $400K in fraudulent payment requests at a client who had a large number of payees. The client had expected that some fraud existed but was shocked at the scope, and avoids such payments all together.
$8,000+ scam caught
WiseLayer’s AI caught an attempted ‘professional’ scam, whereby an $8K+ invoice was submitted, which appeared to be from an approved vendor, yet payment receipt and method information was changed. This saved the client $8K+ from a wrongful payment.
$24,000+ duplicate payments caught
WiseLayer's Al found that many instances where a vendor had duplicate profiles in the client's ERP. This caused a duplicate payment that was about to be sent out. WiseLaver caught this issue early.

Efficiency: compliance & close

Fewer new hires needed with Al automation ($100K+ saved)
After a few months of using WiseLayer’s AI automation, a fast-growing client decided that due to their newly increased bandwidth, they no longer needed to hire an additional financial analyst for which they previously budgeted.
Expedited close of books
WiseLayer’s AI identified key issues the moment they were entered into any system (which were previously only noticed at month-end/audits). These included: improper classifications, accrual requirements, budget overruns, data-entry issues and more.
Avoided delay in payroll
WiseLayer’s AI automatically identified a payroll account that was below the amount required to successfully cover bi-monthly payroll for a department of the company. The client was alerted, the oversight was fixed immediately, and payroll was successful.
Contact us for additional information.
Thanks! We will be in touch shortly.
Oops! Something went wrong while submitting the form.
© 2024 WiseLayer. All rights reserved.