AppZen uses artificial intelligence to automate expense report audit to detect accidental and intentional fraud in expense reports and ensure compliance to regulatory requirements like Anti Bribery and Corruption and FCPA.

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AppZen nabs $50M to build AI tools for expenses and other finance team work

TechCrunch • Sept. 9, 2019

AppZen, which builds AI-powered tools to automate functions within the finance department, has raised another $50 million in funding led by Coatue Management, with previous investors Redpoint Ventures and Lightspeed Venture Partners also participating.

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