AppZen Inc. develops artificial intelligence solutions for back-office automation, including an automated solution for expense report compliance and audit.
PRODUCTS & SERVICES:
It offers an enterprise-level, automated expense reporting & auditing product that reviews expense report data, crosschecks it with external sources & social media in real-time, and detects compliance issues & fraud. The company’s data science-based technology automatically detects accidental, as well as intentional fraud, and provides real-time compliance to IRS rules, FCPA regulations, and company policies.
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Some of the clients are Comcast, SemGroup, Sunrun, Silicon Image, Hitachi, National Instruments, Calypso, Amazon, Citi, Hitachi, Salesforce, Intuit, Airbus, CBS
AppZen’s patent pending, artificial intelligence based technology automatically creates expense reports, provides real-time compliance to regulatory requirements and company policies and automatically audits and assigns risk scores to every expense to detect fraud and misuse.
Anant Kale, Kunal Verma
Board Members and Advisors:
Simon Hagger, Simon Wood
NUMBER OF EMPLOYEES:
Lightspeed Venture Partners, Redpoint Ventures, Resolute Ventures, Bloomberg Beta, Silicon Valley Bank, FundersClub, Mastercard, 500 Startups, Best Horizon, Arba Seed Investment, Arif Janmohamed