Intelligent Audit was named an honoree in the AI Solution Provider category of FreightWaves' AI Excellence in Supply Chain Awards for its DeepDetectAI system. DeepDetectAI uses proprietary machine learning to establish a baseline of normal shipping activity for a business and continuously monitors for anomalies such as cost variations, unusual service usage, and fraudulent charges. The system has uncovered schemes including a $1 million fraud ring at a global eyewear company, a service-selection error that would have cost a national retailer millions, and a fee flagged at a global manufacturer before it could compound to over $200,000. Intelligent Audit, a freight audit and payment company founded in 1996, audits more than 2.1 billion shipments annually and counts at least 20% of Fortune 50 companies among its customers.
FedEx Corporation
United Parcel Service IncIntelligent Audit's DeepDetectAI system recognized with award for catching shipping fraud