AppZen is the leader in artificial intelligence solution for business processes. Leveraging patented AI technology, AppZen uses computer vision, deep learning, and natural language processing to automatically read and understand expense reports, receipts, invoices and contracts while cross-checking that information against hundreds of data sources. This helps companies determine the accuracy and legitimacy of every dollar of company spend in real-time.
Area of Specialization:
AppZen's SaaS platform uses artificial intelligence (AI) to automate the auditing process of a companies overall spend. This enables Shared Services, Accounts Payable, and T&E teams to detect fraud, compliance issues, and policy violations within minutes of an expense report or invoice submission. AppZen is pre-integrated with all major expense automation and payables applications to make existing audit and control processes 10x more effective, at a fraction of the cost.
Key Services:
Real-time spend audit for expense reports, invoices, and contracts
Identify misuse, compliance, and policy violations for all submitted employee expense reports
Identify fraudulent merchants, pricing mistakes, and payment term violations for all received invoices
2018 TiE50 Award - top-50 startup from 7,400+ startups across 28 countries
2017 AI Startup of the Year
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