Accounts payable · Production

Basware AP Protect uses 800+ algorithms to prevent $5M in duplicate payments and recover overpayments at Huntsman Corporation

The problem

Finance teams face persistent risks of overpayments, duplicate payments, errors, and fraud in accounts payable, with existing ERP controls insufficient to catch anomalies before payment is released.

Workflow diagram · grounded in source

AP data submitted for analysis

trigger

“Our specialized modules analyze AP data, uncovering anomalies and improving data quality”

Continuous anomaly detection

ai_action

“Our continuous anomaly detection validates duplicates, incorrect payments, and currency discrepancies before posting. With 800+ algorithms, AP Protect enhances efficiency, identifies cash recovery opportunities, and prevents overpayments”

Fraud and collusion detection

ai_action

“Spot fraudulent activities and procedural failures on the same day using advanced analytics. AP Protect detects potentially fraudulent vendors, ensures data entry quality, and addresses segregation of duty controls”

Invoice root cause analysis

validation

“Identify potential payment errors and conducts root cause analysis, by comparing invoices side by side, it offers clarity on discrepancies, facilitating prompt preventive action”

Dashboard and reporting output

output

“Efficiently optimize data with detailed reports and increased visibility through a dedicated dashboard. AP Protect ensures precise duplicate detection, reduces potential mispayments, and offers a unified view of vendor data across multip…”

Reported outcome

Huntsman Corporation prevented $5 million in duplicate payments and recouped $3.5 million, improving working capital and cash flow; across Basware's customer base, over $190M was identified and recovered in a year, with over five times the ROI.

Reported metrics

duplicate payments prevented (Huntsman Corporation)$5 million

overpayments recouped (Huntsman Corporation)$3.5 million

Spend protected (platform-wide)$1.6T

Identified and recovered in a year (platform-wide)$190M+

Show all 6 reported metrics

duplicate payments prevented (Huntsman Corporation)$5 million

overpayments recouped (Huntsman Corporation)$3.5 million

spend protected (platform-wide)$1.6T

identified and recovered in a year (platform-wide)$190M+

recovered per $1B spent$1M+

ROIover five times the ROI

Reported stack

AP ProtectERP

Source

https://www.basware.com/en/solutions/ap-automation/ap-protect

Read source ↗

Frequently asked questions

What did this team achieve with this AI workflow?

Huntsman Corporation prevented $5 million in duplicate payments and recouped $3.5 million, improving working capital and cash flow; across Basware's customer base, over $190M was identified and recovered in a year, wi…

What tools did this team use?

AP Protect, ERP.

What results were reported?

duplicate payments prevented (Huntsman Corporation): $5 million; overpayments recouped (Huntsman Corporation): $3.5 million; Spend protected (platform-wide): $1.6T; Identified and recovered in a year (platform-wide): $190M+ (source-reported, not independently verified).

How is this accounts payable AI workflow structured?

AP data submitted for analysis → Continuous anomaly detection → Fraud and collusion detection → Invoice root cause analysis → Dashboard and reporting output.