AI-driven Fraud
Risk Management
Safeguarding global organizations with AI-driven solutions to proactively uncover and identify potential risky transactions with confidence.
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Trusted risk management software built for professionals tasked with identifying and controlling financial risks.
Proactively manage compliance with continuous controls monitoring rooted in regulatory guidance and industry best practices.
Whether it’s vendors, employees, or customers, our transaction monitoring platform helps audit, risk, and compliance professionals identify potential high-risk transactions, such as fraud and corruption, policy violations, conflicts of interest, and internal control weaknesses.
Fraud takes many forms. As fraudsters find new avenues, konaAI’s ML-based risk management platform helps uncover emerging risk patterns and keeps you focused on prevention, not just detection.
Identify internal process gaps or weaknesses that drive inefficiencies and result in higher costs to your organization before they impact performance.
Solutions
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konaAI brings together all your risks, controls, and compliance frameworks, aligning teams and stakeholders across functions to act together, faster, and with better insights.
From data to decisions, konaAI’s analytics-powered automation instantly connects sources, generates alerts and reports, and identifies actionable insights so that you can focus on strategic decision-making.
Spend less time configuring and more time protecting your organization. With konaAI’s customized Machine Learning Algorithms you can streamline testing, identify potential risks, and reduce potential false positives.
konaAI’s agentic AI-based platform puts you in charge. With control over inputs, explainable results, and outputs designed for active decision-making, we make AI work for you.
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Our Customers are Turning Risk into Readiness
Resources
In an era of accelerating change, compliance leaders must anticipate...
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The UK’s Failure to Prevent Fraud (FTPF) offence, under the...
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The UK’s Failure to Prevent Fraud (FTPF) offence, under the...
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Compliance Monitoring
Compliance monitoring is a continuous process of evaluating whether an organization is adhering to the legal, regulatory, and internal policies and procedural requirements. Compliance monitoring process involves the use of surveillance, review, and analysis of activities and risk indicators to identify issues such as:
- High risk transactions
- Policy violations
- Conflicts of interest
- Human rights / modern slavery
- Sanctions and trade non-compliance
konaAI’s compliance monitoring software delivers actionable insights and supports timely corrective action to prevent violations and maintain accountability.
Compliance and continuous controls monitoring is critical for your business as it can help to:
- Avoid potential legal and financial penalties
- Protect the company brand and reputation
- Enhance operational efficiency
- Build trust with stakeholders
By integrating with your ERP systems, konaAI focuses on key risk areas like anti-corruption, sanctions, and internal controls. By leveraging data analytics tools to analyze large datasets across Procure to Pay (P2P), Travel and Entertainment (T&E), and Order to Cash (O2C) activities, konaAI delivers data-driven insights to enhance your compliance program.
ML can be used in compliance monitoring and related solutions to
- Enable real-time monitoring and alerts
- Automate the detection and prevention of fraud and other risks
- Leverage natural language processing (NLP) to evaluate and review key business documents
- Predict other compliance specific risks
The konaAI compliance solution employs its ML capabilities within its internal case management workflow enabling compliance and risk professionals to proactively tag and label high-risk transactions to identify and prevent compliance risks thus speeding up reviews and minimizing the need for manual intervention.
konaAI’s compliance monitoring solution helps compliance teams to build and enhance their monitoring programs by:
- Empowering Fact-Based Decisions – konaAI’s scalable software platform empowers fact-based decisions that focus on risk areas crucial to regulators and your business leadership.
- Delivering Defensible Compliance Monitoring Software – Demonstrate the effectiveness of your corporate compliance management program objectively and repeatably. Leading global companies trust us for an easy-to-use, rapidly deployable, and cost-effective compliance technology solution that monitors 100% of your transaction activity, with easy-to-use navigation and risk-based reporting.
- Centralized Compliance Monitoring Software for Massive Impact – Coordinate seamlessly with your IT teams to analyze all your third-party spending, employee T&E and/or sales activities. konaAI provides a centralized and secure ecosystem for monitoring and risk-scoring, enhancing third party risk management through our compliance monitoring software.
Internal Audit
Continuous Controls Monitoring (CCM) is a technology-driven process that automatically and continuously tests and monitors internal controls, letting auditors assess their operational efficiency. Instead of relying on periodic manual reviews or audits (e.g., quarterly or annually), CCM provides real-time or near-real-time insights into the performance of controls across business processes.
Continuous controls monitoring involves automating and continuously tracking compliance, risk, and fraud controls in real-time.
- Automation: Monitors data and control activities within enterprise systems like SAP, Oracle, etc.
- Real-Time Alerts: Identifies control failures or anomalies as they occur—e.g., segregation of duties violations, changes to master data, or transactions outside policy limits.
- Risk Mitigation: Helps detect issues early, reducing the likelihood of fraud, errors, or compliance failures.
- Efficiency: Reduces manual testing efforts and improves audit coverage.
- Compliance: Supports SOX controls, internal audit, and other regulatory requirements by providing an audit trail and control evidence.
By incorporating continuous controls monitoring, konaAI provides a comprehensive anti-fraud solution.
By automating analytics across key processes, the konaAI platform enables continuous auditing aligned with the 2025 IIA Standards Principle 10 (Monitoring and Continuous Improvement), supporting an agile audit approach that is responsive to emerging risks and control issues.
konaAI’s continuous controls monitoring capabilities help Internal Auditors to:
- Detect unusual spend patterns
- Flag high-risk activities
- Uncover policy violations
- Identify conflicts of interest
By integrating continuous control monitoring into pre-built test library of risk tests and machine learning models, konaAI monitors high-risk areas and transactions within the Procurement-to-Pay (P2P), Travel & Entertainment (T&E), and Order-to-Cash (O2C) processes.
konaAI is a proven anti-fraud solution, with centralized monitoring, automated alerts, and advanced risk scoring to help you efficiently streamline audits and maintain compliance with global standards.
konaAI empowers internal auditors to perform data-driven risk assessments, control evaluations, and continuous monitoring, aligning with the 2025 IIA Standards Principle 4 (Governance, Risk Management, and Control) and Principle 10 (Monitoring and Continuous Improvement). Our internal audit software provides timely, evidence-based insights critical for meeting the new expectations for high-quality, risk-focused auditing.
By using continuous control testing and exception-based monitoring, konaAI helps auditors deliver more efficient, objective assurance activities, fully supporting the New IIA Standard, Principle 5 (Performing the Internal Audit Engagement) and Principle 9 (Communication of Results) — ensuring SOX controls results are well-documented, timely, and useful to key stakeholders.
Configurations and Integrations
Integration is seamless through file extracts, uploads and/or APIs. konaAI’s internal audit software supports data completeness and accuracy, ensuring compliance with the New IIA Standard Principle 7 (Information Management) which requires auditors to maintain quality, reliable information to support audit conclusions.
konaAI is a specialized data analytics solution designed for internal audit professionals. It helps automate audit testing, detection of control gaps, and monitoring financial and operational risks, with a focus on Procurement-to-Pay (P2P), Travel & Entertainment (T&E), and Order-to-Cash (O2C) processes.
konaAI provides an anti-fraud solution with a ready-to-use analytic test library, dashboards, and exception reports that simplify the audit of key business processes. We help auditors focus on high-risk areas, making testing more data-driven and less manual.