konaAI, a Covasant company offers an AI-first, enterprise-grade risk management solution designed to reduce global fraud, corruption, and enterprise risk. Trusted by Fortune 500 companies and processing over $1 trillion in financial transactions, konaAI empowers compliance, audit, risk, and finance professionals with real-time visibility and proactive control over transactions involving vendors, customers, and employees. Built on a foundation of proprietary anti-fraud algorithms and advanced analytics, konaAI enables organizations to shift from reactive risk mitigation to predictive, agentic risk management.

konaAI helps enterprises:

• Continuously monitor compliance programs aligned with global regulatory frameworks, internal controls, and SOX (Sarbanes-Oxley) compliance requirements
• Overcome litigation and investigation challenges by processing and interpreting diverse, high-volume financial datasets
• Combat fraud and corruption through intelligent third-party risk monitoring and continuous due diligence

Deployed securely on cloud, konaAI is built with robust agentic AI, military-grade encryption, and real-time case management capabilities. It features intuitive dashboards that transform complex insights into actionable decisions, enabling faster investigations, improved governance, and measurable ROI.

konaAI’s Agentic Solutions:

KonaAI offers three modular, yet deeply integrated solutions with pre-built, continuously updated detection algorithms to ensure compliance, detect anomalies, and accelerate investigations.

Vendor 360° – Continuous Vendor Risk Intelligence

Vendor 360° provides a full-spectrum view of vendor behavior across your enterprise. With embedded AI-driven analytics, it enables procurement and compliance teams to:

• Detect anomalies before they escalate
• Audit in real-time
• Ensure alignment with anti-corruption and trade compliance laws

Detectable risks include:

• Conflict of Interest & kickbacks
• Transaction anomalies & urgent payments
• Sanctions and trade violations
• Duplicative or wasteful spending
• Segregation of duties violations
• Sensitive keyword flagging & OCR matching
• Circumvention of procurement controls
• Sanctions screening and ESG violations

Employee 360° – Intelligent Employee Risk Monitoring

Employee 360° equips HR, compliance, and internal audit teams to monitor employee behavior and identify risks across policy circumvention, fraud, and ethics breaches.

Detectable risks include:

• Fraudulent or policy-violating expenses
• Conflict of Interest & anti-corruption breaches
• Duplicative reimbursements or ghost transactions
• Policy circumvention or repeated violations
• OCR matching of expense receipts
• Red flag behavior patterns

This enables rapid investigation, risk scoring, and resolution through a unified case management interface.

Customer 360° – Smarter Customer Lifecycle Governance

Customer 360° secures every stage of the customer lifecycle—from onboarding to ongoing transaction monitoring—ensuring due diligence, compliance, and integrity.

Detectable risks include:

• Discount manipulation or sales anomalies
• Improper revenue recognition
• Profitability/margin pressure triggers
• Price fixing, anti-trust flags
• Distributor/sales channel abuse
• AML violations and sanctions screening
• ESG non-compliance and forced labor exposure

konaAI’s customer module helps enterprises manage front-line reputational and regulatory risks while delivering better oversight over customer relationships. konaAI's proprietary algorithms are continuously updated to reflect evolving global regulations, including:

• Human Rights & Forced Labor
• Anti-Bribery and Corruption (ABC)
• Environmental, Social, and Governance (ESG) mandates

Each module is also fully customizable, allowing organizations to adapt detection logic and workflows to industry-specific regulations, internal policies, and geographic requirements.