For Finance Teams

Procurement policies everyone actually understands

The Volentis Finance Agent explains approval workflows, purchase thresholds, and expense procedures, so everyone gets it right the first time.

60%

fewer procedural errors

40%

faster invoice processing

70%

fewer compliance deviations

85%+

first-time approval rate

The Problem

30% of invoices are delayed due to procedural errors

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Complex approval matrices that nobody fully understands

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Inconsistent policy application across departments

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New employees make expensive mistakes

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The Volentis Finance Agent: Clear guidance, fewer errors

How It Works

Ask finance and procurement questions in plain language. Get clear answers with policy references and approval workflows.

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Employee

Who needs to approve a €50,000 purchase order?

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Volentis.ai

Per the Procurement Policy (FIN-POL-003) Approval Matrix: €50,000 requires: 1) Department Manager approval, 2) Finance Director approval, 3) CFO approval (for amounts >€25,000). Additional requirements: Minimum 3 vendor quotes required, Procurement team must validate supplier credentials, Legal review if new vendor or non-standard terms. Timeline: Allow 5-7 business days for full approval cycle.

High ConfidenceSource verified
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Employee

How do I submit travel expenses?

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Volentis.ai

From the Expense Policy (FIN-POL-007): Step 1: Collect all receipts (required for expenses >€25), Step 2: Submit via Expense Portal within 30 days of travel, Step 3: Attach: receipts, travel authorization form, meeting agenda. Limits: Hotel max €180/night (EU capitals), €150/night (other). Meals: Max €75/day including tips. Manager approval required before submission. Reimbursement within 10 business days of approval.

High ConfidenceSource verified
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Employee

What is our policy for preferred suppliers?

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Volentis.ai

Per the Preferred Supplier Policy (FIN-POL-012): Preferred suppliers must be used for: IT hardware (Dell, HP), Office supplies (Staples), Travel (Company Travel Agency), Cloud services (AWS, Azure - approved list). Exceptions require: Written justification, Cost comparison with preferred supplier, Procurement Manager approval, Legal review for contracts >€10,000. Exception request form: Finance Portal > Procurement > Exception Request.

High ConfidenceSource verified
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Employee

When is a tender required?

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Volentis.ai

Based on the Procurement Policy (FIN-POL-003) Tender Thresholds: >€10,000: Minimum 3 quotes required, >€50,000: Formal RFQ process, >€150,000: Full tender with evaluation committee, >€215,000 (EU threshold): Public tender required. Category exceptions: Emergency purchases (documented), Sole source (technical justification required), Framework agreements (pre-tendered). All tenders documented in Procurement Register.

High ConfidenceSource verified

What the Finance Agent can help with

The Finance Agent is trained on your finance policies and procedures. Here are the typical use cases:

Procurement & Purchasing

Purchase orders, vendor selection, tender requirements, supplier management, contract terms

ā€œWho approves a €50,000 purchase?ā€

ā€œDo I need to get quotes for this?ā€

ā€œHow do I add a new supplier?ā€

Expenses & Travel

Expense claims, travel policies, per diems, receipt requirements, reimbursement timelines

ā€œHow do I submit travel expenses?ā€

ā€œWhat's the hotel limit for Paris?ā€

ā€œDo I need a receipt for lunch?ā€

Approval Workflows

Approval matrices, authorization limits, delegation rules, escalation procedures

ā€œWho needs to approve this?ā€

ā€œCan my manager approve €30,000?ā€

ā€œWhat's the approval timeline?ā€

Budget & Cost Centers

Budget allocation, cost center codes, budget transfers, variance explanations

ā€œWhich cost center for this expense?ā€

ā€œHow do I request a budget transfer?ā€

ā€œWhat's our remaining budget?ā€

Invoice Processing

Invoice submission, payment terms, matching requirements, payment status

ā€œHow do I submit an invoice?ā€

ā€œWhen will this invoice be paid?ā€

ā€œWhat's our payment terms policy?ā€

Finance Policies

Policy interpretation, compliance requirements, exceptions process, audit preparation

ā€œWhat's the policy for gifts?ā€

ā€œHow do I request an exception?ā€

ā€œWhat documentation do auditors need?ā€

Is the Finance Agent right for you?

The Finance Agent delivers the most value for organizations that match this profile:

Approval complexity

Multi-level approval matrices

Different thresholds and approvers for various purchase categories

Transaction volume

Significant procurement and expense activity

Enough transactions where procedural errors create meaningful costs

Documentation

Finance policies and procedures documented

Existing policy documents to provide accurate guidance

Current challenge

Rejected requests and rework

Time spent on rejected expense reports, wrong approvals, policy questions

Key stakeholders

CFO
Procurement Director
Finance Controller
Accounts Payable Manager

Works with your finance systems

The Finance Agent connects to your existing finance documentation and processes:

ERP Systems

SAP, Oracle, Microsoft Dynamics for policy reference and process guidance

Expense Management

Concur, Expensify, SAP Concur for expense policy guidance and process support

P2P Platforms

Coupa, Ariba, Basware for procurement policy guidance and approval workflows

SharePoint

Access finance policies, procedure documents, and approval matrices

Microsoft Teams

Answer finance questions directly within Teams chat

Direct Upload

Upload finance policies and procedures for immediate use

šŸ’” Don't see your system? We integrate with any API-enabled platform.

Supported document types

Finance policiesApproval matricesExpense guidelinesProcurement proceduresBudget templates

What can the Finance Agent do?

Your finance policy expert that ensures compliance from day one.

  • Explain approval workflows and purchase thresholds
  • Guide expense submission and reimbursement processes
  • Clarify preferred supplier requirements and exceptions
  • Provide tender threshold guidance by category
  • Answer invoice processing and payment questions
  • Onboard new employees to finance procedures quickly
  • Answer questions in all EU languages
  • Maintain complete audit trail for every query

Expected Results

60%
fewer procedural errors
40%
faster invoice processing
70%
fewer compliance deviations
85%+
first-time approval rate

Clear boundaries: What the Finance Agent won't do

The Finance Agent provides guidance and policy interpretation, but maintains important boundaries:

No financial approvals

The Finance Agent explains who needs to approve and how, but does not approve transactions or authorize spending. All approvals go through proper channels.

Amounts and limits require verification

Policy thresholds and limits sync automatically from your documents. Always verify in your finance system before making commitments.

Policy interpretation, not advice

The Finance Agent explains policy as documented. For edge cases, exceptions, or policy clarifications, consult your Finance team.

Complete audit trail

Every question and answer is logged. Finance teams can review what guidance is being provided and identify policy gaps or confusion points.

The Finance Agent provides guidance based on your documented policies and procedures. For financial decisions, exceptions, or commitments, always follow your organization's formal approval processes.

Why trust Volentis.ai?

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No Hallucinations

Answers come exclusively from your approved documents. If information isn't available, the system tells you. No guessing, no fabrication.

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Source Citation

Every answer includes exact references to source documents. Click through to verify the information yourself.

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GDPR & EU AI Act Compliant

Built for European enterprises. Data never leaves the EU. Full audit trail for every interaction.

Trusted by European enterprises

Ready to eliminate costly procedural errors?

See how the Volentis Finance Agent can improve first-time-right rates while reducing finance team workload.

Every guidance query is logged. Audit-ready trail of what employees were told and when.

Live in 2-4 weeksNo credit card requiredEU data residency

What happens after you book a demo?

130-minute call to understand your needs
2Live demo with your document types
3Pilot proposal within 48 hours