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About Anant Kale

Founder & CEO at AppZen. Anant dreams up the next use of Artificial Intelligence for enterprise automation
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Recent Posts

New Funding from Redpoint to Support AI in the Enterprise

November 01, 2017 / in Funding, AI / by Anant Kale

We have some exciting news to share: we’ve raised $13 million in a Series A round led by Redpoint Ventures and including Resolute Ventures, our lead seed investor.

We’re thrilled to welcome Redpoint partner Alex Bard to our board. He shares our vision of using artificial intelligence (AI) to transform the back office (check out his blog here) and brings with him deep expertise in creating successful SaaS companies. Redpoint has a strong track record of building important IT companies such as Pure Storage, Twilio, Concur, Zendesk and Stripe.

It’s our customers that we want to thank the most because user validation is the only thing that matters. Amazon, Comcast, Hitachi, Intuit and dozens of other customers have provided key insights on their needs, and their feedback on how our AI platform automates and improves the efficiency of back office tasks has been phenomenal.


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Former Oracle CFO Jeff Epstein Joins AppZen as Advisor

January 10, 2017 / in / by Anant Kale

We're thrilled to announce that Jeff Epstein, former CFO of Oracle, has joined AppZen's board of advisors! 

 

Jeff is currently an Operating Partner at Bessemer Venture Partners and brings more than 25 years of experience in senior financial and general management positions at leading enterprises, such as Oracle, Priceline, DoubleClick (sold to Google), and Kaiser Permanente.

 

We're very excited that Jeff understands the huge opportunity we're pursuing at AppZen and shares our vision for bringing A.I. to the enterprise. In his words -

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How Advancements In AI Can Benefit Your Business

November 17, 2016 / in Back Office Automation, AI / by Anant Kale


In a recent guest post for Corporate Compliance Insights, I discussed some of the significant business benefits that are emerging from advancements in artificial intelligence and NLP (natural language processing) technologies.

 

The article, “Exploring the Upside of Evolving AI Business Solutions”, addresses the fact that one of the biggest paybacks of incorporating leading-edge AI platforms into the workplace comes in the form of improved governance, risk management, and compliance (GRC). With timely and informed decisions lying at the heart of effective GRC measures, many companies are turning to ultra-fast and highly targeted back-office technology to not only enhance their decision-making processes, but to reduce expenses and expand productivity at the same time.

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Transforming Compliance with Artificial Intelligence

September 14, 2016 / in Back Office Automation / by Anant Kale

Recently, I had the honor of writing a guest post for Corporate Compliance Insights.

 

The article, “Artificial Intelligence - The New Superpower for Compliance,” describes how today’s systemized processes and automated ERP systems may be essential for streamlining most back-office business operations, but advances in robotic process automation (RPA) and artificial intelligence (AI) are what’s making these systems dramatically more effective – particularly where auditing, decision-making, and GRC (Governance, Risk Management, and Compliance) are concerned.

 

We all know the problem: even with the automation of basic business workflows, time is a luxury that high-level decision-makers simply can’t afford. Reviewing and understanding the full implication of every piece of information that crosses their desk isn’t feasible, and many a busy manager has inadvertently approved something they later came to regret.

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Why AppZen Will Reinvent the Back Office

June 22, 2016 / in Funding, Back Office Automation / by Anant Kale

 

In 2013, my friend Kunal and I founded AppZen, the first artificial intelligence (AI) solution for back office automation. At the time, personal assistants like Siri seemed to be the next frontier for enterprise applications. But we saw an opportunity to apply that idea to a conversational engine (what’s called a ‘chatbot’ today) for expenses and provide a ‘personal assistant’ experience for employers and employees. The conversational feature turned out to be very exciting to see, but unfortunately less relevant to use.

So after taking a step back, we thought, "What if business systems actually had the ability to read, think, research and then make decisions? What if those decisions were independent of an individual's knowledge, skills and biases?" Our answers led us to pivot toward the opportunity of using our AI and Natural Language Processing (NLP) technology to automate the business back office. That’s what AppZen’s mission is — to reinvent and automate the back office with artificial intelligence, one process at a time.

Today we’re very excited to announce our next step toward that goal. We’ve closed a round of funding and brought on board top-notch investors to enable us to accelerate development and bring the AppZen AI solution to even more customers. For details on the funding check out the Wall Street Journal and our press release.

For more on what AppZen is up to, read on --

Back office processes include everything from human resources, finance, customer service, procurement, order processing and more. They’re the gears behind the scenes that keep a business running smoothly and ensure that company policies and government regulations are followed. Most back office processes are work-flow driven, moving information from one party to another where it’s reviewed, analyzed, and approved. Over the years, we’ve seen back office processes improve — for example, what was once paper-based moved to digital, then web-based, and is now accessible via smartphone. Workflows have improved from paper in-boxes to email and now mobile alerts on your smartphone.

 

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5 Things Every CFO Should Know About Expense Reports

February 22, 2016 / in Expense Reports Audit & Compliance / by Anant Kale

Expense reports can result in serious compliance and fraud issues. Here's What To Watch For...

 

How often do your employees make mistakes or forget to include original receipts when they are filling out expense reports?

 

And how much time and money do you and your team spend sifting through expense reports to catch and correct errors for travel and entertainment expenses?


It’s not cost-effective nor practical to have your team go through every expense report one at a time, but if you’re not thorough enough either, you are leaving yourself open to potential abuse and even possibly millions of dollars in fines and legal action from the SEC and IRS.

 

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How Artificial Intelligence disrupts business process outsourcing

January 05, 2016 / in Expense Reports Audit & Compliance / by Anant Kale

You are tasked with reducing G&A costs - where do you start? Identiyfing what you can outsource?

Read on to learn what else you can do...

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Expense report personal assistant that creates expense reports for you

December 02, 2015 / in Expense Reports Automation / by Anant Kale

At AppZen our mission is to provide you with the most advanced expense report automation ever, which means you never have to sign in into that ‘Expense Software’ or have to remember to submit your expense report. So what did we do?

 

 

We created an expense report personal assistant that tracks your travel and expenses and creates expense reports for you.

AppZen SmartAssist is an expense report personal assistant that automatically creates and delivers expense reports to your email, ready for your review. Simple!

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Your expense report software is not enough to stop expense report fraud


Corporate credit cards may seem as a ‘safe’ bet to control and monitor expense report fraud. But, as the new audit conducted by the D.O.D. just found out, Pentagon employees used government credit cards for gambling, adult entertainment and other unauthorized services.

 


 

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How effective is your expense report audit?


Effective Expense Report Audit

Do you audit your expense reports to prevent fraud & misuse?

 

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