AI Today Podcast #34: Interview with Anant Kale, AppZen — Preventing Employee Expense Fraud with AI
AI Today Podcast25 Apr 2018

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 it takes too much of a bite out of the company’s bottom line, or even further, to put processes and controls in place that automatically audits, monitors, and accepts or rejects transactions th...

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