AppZen: Artificial intelligence platform for financial assistance.

What is required is really a smart spend audit process that automates reviews of all of one’s expenses and invoices.
It will understand and keep an eye on your corporate policies, and all spend-related laws including the Foreign Corrupt Practices Act or the UK Bribery Act, so you can remain compliant and stay out of regulatory hot water.

Nucleus Vision is a provider of an end-to-end Internet of Things enabled solution that captures and previously inaccessible customer data to retailers and other brick-and-mortar businesses.
The company uses its proprietary sensor network technology called ION Network that identifies a person inside a 200-meter radius and is with the capacity of sensing temperature, pressure, motion, acceleration, and sound within the coverage section of the sensor.

• With the flexibility, agility, and responsiveness that AI-based technologies offer, CFOs can feature better planning and forecasting abilities while at the same time enhancing their decision-making ability dramatically.
• AppZen’s Mastermind Analytics is built to help CFOs keep your charges down and streamline their digital transformation initiatives, both within their finance teams and throughout companies.
• Mastermind Analytics builds on AppZen’s existing expense-auditing software and is now available to AppZen AI Finance Platform users.

We built AppZen from day one with finance in mind, in order to hit the ground running and show value immediately.
Your finance team is facing some big challenges when it comes to business spend.
In short, you have to do more with less, and you also have as much risk as ever in your company.
Auditing all spend will not be glamorous, but it could make or break your bottom line and present you critical insights into your risk.
Auditing 100 percent of expenses and invoices prepayment means you’re actively reducing spend.
Processing employee expenses is a little like looking for a needle in a haystack.
Auditors spend the majority of their time processing perfectly normal “hay,” moving these expenses through the process with at the least fuss and generating no value in the process.

Empower Managers And Teams With Intelligence

The business says its products enable accounts payable and T&E teams to detect fraud, compliance issues, and pricing violations within minutes of an expense report or invoice submission.
An average enterprise company processes typically 100,000 expense claims and 700,000 invoices EACH YEAR!
Download this free infographic and find out how AI is helping Enterprise companies audit 100% of expense claims and invoices BEFORE payment.
AppZen’s Expense Audit platform, which integrates with Workday, Oracle, Coupa, Concur, along with other reporting services, leverages algorithms to eliminate the necessity for managers and auditors to approve travel receipts line-by-line.
It assigns employees a score — the AppZen Behavioral Index — tabulated from each report, receipt, and travel document they’ve submitted over the course of a trip.
Taking into account a huge selection of internal and web data sources, Expense Audit’s Insights feature can recognize and authorize reimbursements for items within clients’ approved list (e.g., travel), and highlight possible infractions that warrant a closer look.
With regards to innovation projects, your finance team is indeed focused on helping the rest of the business invest to cultivate and thrive, sometimes it overlooks its needs.

Financial Services organizations are under more pressure than ever before.
The industry is facing massive transformation, the adoption of new, technology-enabled business models, and an increasing quantity of regulation — seemingly all at one time.
Financial Services is incredibly dynamic and lucrative, however your company faces plenty of change and lots of risk.
As a finance leader in a Financial Services organization, the responsibility is on you to create your firm as efficient and profitable as you possibly can, mitigate just as much risk since you can, and protect the firm’s reputation.
AppZen isn’t the only real startup applying machine understanding how to expensing, needless to say.

Today, we are the first choice in spend auditing, automating invoice approvals and optimizing expense reimbursement for enterprises around the world.
We will continue to expand our technical and market leadership to aid smart decision-making across a big swath of finance, including spend, revenue, cash, treasury, and beyond.
We aim to use our domain expertise and the semantic understanding of our AI to solve the largest pain points finance teams face.
By focusing on obstacles that involve process automation; large volumes of data from disparate sources; and rapid, pre-transaction decision making; we will bring our core strengths to solve valuable problems for the customers.
AppZen is really a Virtual Personal Assistant for Expense Management that provides a ‘Google Now’ sort of experience for expense reports.

Appzen

It also must protect your organization from overpaying, double-paying, or becoming a victim of fraud.
Agylytyx is a provider of cloud-based business intelligence software and budgeting for enterprises.
Its flagship product is the Agylytyx Generator, which integrates with a company’s existing business applications and presents financial data as charts.
It helps finance departments with modeling, scenario evaluation, forecasting, planning and budgeting, and in creating strategies.
The analytical approach utilized by Agylytyx

The way you address these challenges could make the difference between success or failure in your organization.
The kind of platform your finance team could have invented—if only they hadn’t been so busy.
Identify airline, hotel, and rental car upgrades at check-in with AI that reads every word on expense receipts, level 3 card data, and itineraries.
Verify hotel identities, and flags weekend expenses or expenses misclassified as lodging.
Powerful AI software understands natural language terms and brand names (it knows “shrimp cocktail” is allowed but “IPA” is not).

Appzen Introduces Ai System For Audit Analysis

The compliance requirements placed on finance departments are increasingly complex, arduous, and time-consuming.
CFOs and their teams must monitor government legislation and regulations, take part in industry bodies, create procedures, and monitor the actions of internal stakeholders.
An often-overlooked area of the finance function associated with compliance is that of employee expenses.
Review expense reports, merchant receipts, corporate/P‑Cards, invoices, and payments against information from thousands of regulations and sanctions databases.
Payference provides AI-based financial forecasting solutions for businesses.
Features solutions for forecasting, financial analytics, cash flow management, capital management, and much more.
It includes tools for insights management, account payable and receivables management.

In an uncertain and unstable economy, finance leaders like you must have an immediate, intelligent, and effective response to the countless issues facing businesses.
A worldwide pandemic, rising inflation, potential recession, company layoffs, and The Great Resignation each put different pressures on CFOs.