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: http://hubs.li/Q04qP6lp0

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.

Freehand | Autonomous Enterprises Spend Governance

Source: https://www.freehand.ai/?utm_campaign=49765410-2026%20Fund%20Raise%20Series%20B&utm_source=twitter&utm_medium=social&utm_term=social-capital

Freehand’s AI Teams audit every invoice, enforce every contract, and close every dispute — then post clean results to your ERP, allowing you to recover 3–5% of freight spend.

We’ll find $500K in wasteful spend in 30 days, or give you 10K for your time.

Trusted by global leaders in Logistics, Manufacturing, and Retail

We recovered$260Min wasteful spend in 2025 alone

Enterprises spend $16B a year on procurement software. They spend $348B on the people who work around it.

Despite every ERP, TMS, and AP tool, the real system of work is still spreadsheets, email, and carrier portals.

in spend leakage

invoices not deeply audited

days invoice-to-pay cycle

AI Teams that go beyond any auditor

Freehand reads your contracts, audits every invoice, resolves disputes with carriers, and posts clean results to SAP, Oracle, or Coupa — with a full audit trail, every time. Enterprises spend $16B a year on procurement software. They spend $348B on the people who work around it.

Humans stay in control. AI takes responsibility.

Our platform integrates with vendor communications and data feeds to capture financial documents.

Agents interpret the incoming data to understand the nature of the financial claim.

Fragmented communications and siloed inputs are standardized for processing.

Agents retrieve and link contracts, rate cards, & purchase orders associated with every line item.

Operational Reconciliation

Claims are measured against ground truth by mapping invoices to shipment milestones and delivery logs.

Agents dynamically adjust costs based on historical decisions & real-world execution variables.

AI teams autonomously identify errors such as duplicate billing, unearned accessorial, and more.

AI flags pattern-based anomalies & historical billing inconsistencies to prevent recurring vendor overcharges.

Commercial Rule Enforcement

Every line item is tested against commercial thresholds to identify charges that violate corporate policy.

AI teams compile evidence packets containing the specific contract clauses & logs that invalidate the claim.

AI manages vendor communication by drafting emails and interacting with portals to challenge the invoice.

AI actively negotiates & closes the dispute loop entirely on its own, eliminating the need for human follow-up.

Agents apply your specific general ledger rules and cost center mappings to ensure accurate financial coding.

Agents automatically process accruals based on established corporate thresholds and business logic

Agents enforce financial thresholds with strict consistency across all processed claims.

Validated outcomes are pushed directly into enterprise systems of record like SAP, and Oracle.

Every final entry carries a comprehensive decision trace, documenting exactly how a charge was reconciled.

Your records remain seamlessly updated and audit-ready, bridging the gap between operations and finance.

Audit

100% coverage · 99.8% accuracy

Resolve

Agent follows up via Email, portal, voice —until closed

Record

Accruals + payments posted to your ERP

“Kearney will invest in building a practice around Freehand AI Teams.”

McKinsey is growing our partnership with Freehand AI Teams — a big bet on generative AI and its power to transform operations for F100 brands globally.

Dileep Bhattacharjee

Partner, McKinsey

70%

faster procurement cycles

Your auditor today

Freehand

Audit coverage

Spend recovered

Exception handling

Freight & Parcel

Every carrier bill checked against contracts and shipment facts. Catch drift, duplicates, and bad accessorials before payables runs.

Logistics & 3PL

SLAs matched to what happened in the warehouse. Penalties and credits you’re owed stop disappearing into “variance.”

Logistics A/R

Deductions, disputes, and applications — handled with evidence packets, not another manual army.

Global Trade

Classifications, duties, broker fees — validated against schedules and documentation. So finance doesn’t guess and compliance doesn’t pray.

See how much margin you’re leaving on the table

We’ll audit 90 days of your highest-spend carrier’s invoices and show you what’s recoverable — with evidence, not estimates.

If your company does over 1B in revenue, we’ll find $500K in wasteful spend in 30 days, or give you 10K for your time.