AppZen, the world’s leading artificial intelligence (AI) solution for modern finance teams, has launched Mastermind Analytics, a first of its kind analytics AI software that identifies spend risks and provides on-demand benchmarks. The software offers finance teams a complete view of behavior patterns and a valuable assessment of success or areas of improvement.

As the CFO’s are leading digital transformation initiatives within their finance team and the companies, this made AppZen experience a tremendous demand. AI by AppZen streamlines the process for finance teams that reduces the costs of businesses looking to prioritize automation.

Mastermind Analytics, the new analytics AI software, provides finance teams with on-demand insights into spend risk and operational performance to focus on what matters most. It helps eliminate wasteful spending and provides metrics on how to make processes and the teams more efficient.

Mastermind Analytics by AppZen have exclusive benefits and features to offer:

  • It shows the visibility of behavior patterns beyond the audit.
  • AI-driven perspectives are focused on the most accurate and 100% audited data on spending, including information extracted from documents.
  • Gives a 360º, real-time view of a company’s finances.
  • Includes more than 30 on-demand charts that cover current cross-system spend, risk, and operational performance.
  • Benchmark against peer organizations.
  • Able to create dashboards for specific use cases, teams, and metrics.

Mastermind Analytics does not require any integration or configuration and lets easy self-service changes be made in existing dashboards. It enables business users to build extensive dashboards and charts without any IT or engineer support and no need to put manual efforts to aggregate data.

Designed to assist the finance team, Mastermind Analytics, help them know how their performance is compared to industry peers by putting it clear what needs improvements and prioritizing. The in-built features like on-demand charts, dashboards, and metrics provide a hassle-free and empowering approach to this process.

“We are excited to offer this unique analytics capability as part of the AppZen AI software suite of products,” said Anant Kale, Chief Executive Officer and Founder of AppZen. “Finance teams will now have access to previously unavailable out-of-policy spend information that enables immediate visibility into patterns and activity that could indicate, and prevent, more complex risks of fraud and waste.”

Mastermind Analytics is already made available for AppZen AI Finance Platform users.