AI Today Podcast #34: Interview with Anant Kale, AppZen — Preventing Employee Expense Fraud with AI

Occupational fraud is not a small issue. On average, a company loses 5% of its revenues to employee financial fraud each year, with the annual median loss at $140,000 and over 20% of companies reporting losses of $1 million or more. The key to keeping a lid on this fraud is identifying the fraud before …

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AppZen Briefing Note

Document ID: CGBN102 Abstract AppZen is pioneering the use of artificial intelligence to help enterprises and public sector agencies automate fraud detection and expense report auditing. Their machine-learning and data science technology is applied to customer financial transaction data to analyze credit card transactions, receipts, submitted expense reports, and invoices, against patterns AppZen has generated …

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