Concur Detect by Oversight
Use AI and machine learning to automatically analyze expense reports, speed up the auditing process, and resolve issues before and after reimbursement.
Audit automation can give you more accuracy, visibility, and efficiency
Fraud isn't always obvious to spot. With the help of AI fraud detection software, businesses can analyze large amounts of data with more consistency and accuracy, identify violations, and spot trends that would be impossible for human auditors to do alone.
- Find suspicious spending activity before payment
- Control out-of-policy spending and create a culture of compliance
- Reimburse employees more quickly
- Analyze trends and patterns to identify fraud and repetitive misuse
Here’s how AI can make automated expense reporting even more accurate, efficient, and effective
Uncover data and trends
AI and machine learning collect detailed expense data through automated receipt extraction, translation, deep learning, and natural-language processing.
Focus more on high-risk issues
Help auditors focus their time on resolving risks rather than looking for them while automatically approving expense reports where no risks are found.
Reduce manual processes
With AI, organizations can automate mundane tasks to drive down the cost of audit programs while reimbursing employees faster.
Dig deep to validate receipts
AI collects detailed expense data through automated receipt extraction and quickly identifies if a transaction is valid while uncovering violations.
Drive compliance
Bring hard-to-find data to the surface and identify employees who routinely spend out of policy.
Separate fraud from mistakes
Track errors and incidents of fraud closely so you can tell the difference between intentional misuse and accidents.
See what these SAP Concur solutions can do for you
Add AI and machine learning magic to your audit process today
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