[AI Enterprise Procurement Platform Freehand AI Secures $75 Million in Funding, Saving Over $260 Million for Clients Including Meta] BlockBeats News, July 30: AI invoice auditing and procurement automation platform Freehand AI announced the completion of a $75 million funding round, with specific investors yet to be disclosed. The company stated that its AI system has helped enterprises, including Meta, Unilever, and Johnson & Johnson (J&J), identify unsupported charges from over 19 million invoices, saving a total of more than $260 million. Freehand AI also introduced a new service guarantee: if the company fails to identify at least $500,000 in overpaid invoice amounts for a client, it will pay the client $10,000. Its AI system can automatically verify invoices, contracts, rate sheets, purchase orders, logistics documents, and historical transaction data, as well as handle dispute resolution, supplier communication, payment approvals, and other processes, achieving 100% SOX-compliant audits. [Original Link]