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What is WizWhy?

WizWhy examines the interplay between the values of one data field and those of others within the dataset. This analysis revolves around a user-selected dependent variable, while the other fields serve as independent variables or conditions. The dependent variable can be analyzed in two distinct ways: either as a Boolean value or as a continuous measurement. To enhance their analysis, users can fine-tune various parameters, such as the minimum probability needed for rule generation, the minimum number of instances required to substantiate each rule, and the relative costs of false negatives compared to false positives. WizWhy effectively identifies and articulates a set of rules that link the dependent variable to the other fields, employing if-then and if-and-only-if statements to convey these relationships. Furthermore, based on the established rules, WizWhy reveals significant patterns, uncovers unexpected rules that may highlight intriguing phenomena, and identifies anomalies within the dataset. In addition to this, WizWhy can also generate predictions for new instances by utilizing the rules it has derived, enabling users to make informed decisions based on the analysis. The comprehensive insights provided by WizWhy empower users to understand their data more deeply and leverage the findings for strategic purposes.

What is WizRule?

WizRule is a sophisticated data-auditing tool that automatically identifies patterns within datasets and highlights instances that stray from these norms as potential frauds or errors. Any instance that raises suspicion is one that significantly diverges from the recognized patterns established by the software. This tool is invaluable for auditors, fraud examiners, forensic investigators, and data-quality managers, whose primary objective is to detect fraudulent activities and data discrepancies. WizRule enhances their ability to achieve this goal effectively. As a data-auditing software leveraging advanced data mining techniques, WizRule conducts thorough analyses to pinpoint inconsistencies within the data. The operation of WizRule is seamless; the user only needs to select the dataset for examination, and the software takes care of the analysis. It explores all interrelationships among the various fields and highlights any unusual or improbable cases. By doing so, WizRule uncovers fraudulent activities that traditional auditing methods may overlook, ensuring a more comprehensive review of the data. Its automated nature not only saves time but also increases accuracy in identifying potential issues.

Media

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Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

one time licensing fee
Discount for multiple licenses.
License fee includes one year maintenance program (MP); MP includes technical support trough email and software upgrades.
Option to continue MP after the first year.
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

Windows

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support

Training Options

Documentation Hub

Training Options

Documentation Hub

Company Facts

Organization Name

WizSoft

Date Founded

1983

Company Location

United States

Company Website

www.wizsoft.com/products/wizwhy/

Company Facts

Organization Name

WizSoft

Date Founded

1983

Company Location

Israel

Company Website

www.wizsoft.com/wizrule/

Categories and Features

Data Analysis

Not specified

Data Mining

Not specified

Predictive Analytics

Not specified

Categories and Features

Audit

Alerts / Notifications
Audit Planning
Compliance Management
Exceptions Management
Risk Assessment
Workflow Management

Fraud Detection

Check Fraud Monitoring
Custom Fraud Parameters
For Banking
For Insurance Industry
For eCommerce
Internal Fraud Monitoring
Pattern Recognition

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