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STARTUPS DETAILS
Jenji
Jenji is the first realtime, data-driven expense management platform. Jenji delivers a top-notch mobile and web user experience from in-the-field employees to managers, all the way to accounting, payroll and internal audit teams. As Jenji is designed around realtime expenses, the expense stream is analyzed using Deep Learning (eg. for OCR text extraction), matched to corporate cards transactions (Visa, Mastercard and AMEX), scored for fraud detection and outliers this time using Machine Learning algorithms (clustering, etc), routed to the correct teams for approval, and then imported into all major accounting and payroll ERP (SAP, Sage, Cegid...).
Description
But that's only a part of our vision. Jenji is dedicated to making the expense management a much more modern field, where the expense data is immediately accessible for human audit and AI-based optimization. From detecting fraudulent patterns, to providing automated advices on expense and travel policy optimizations, Jenji has it all. We aim to provide a financial approach to a domain that previously provided zero intelligence but a few BI reports. Our ROI is immediate and that's why we have been steadily winning key accounts, even though we're a relatively young startup. For France for example, most customers gain 2 to 3% recoverable VAT, depending on the vertical some social (URSSAF) optimizations and can look at an additional 5 to 9% intra-EC VAT recovery.