Use AI and machine learning to automatically analyse expense reports, speed up the auditing process, and resolve issues before and after reimbursement.
Automate for greater accuracy, more visibility, and increased efficiency
Anyone who audits expense reports manually knows how slow and error-prone the process can be. Concur Detect by Oversight simplifies this by automatically reviewing expense and receipt data to drive regulatory and policy compliance, increase visibility into spending, and identify fraud.
Here’s how advanced technology can make the auditing process more accurate, efficient, and effective.
AI and machine learning collect detailed expense data through automated receipt extraction, translation, deep learning, and natural-language processing.
Automatically approve low-risk expense reports and let auditors focus solely on resolving reports where risk is found.
With AI, organisations can eliminate mundane tasks to drive down the cost of audit programs while reimbursing employees faster.
Cross-check expenses across variables and quickly identify if a transaction is valid while uncovering violations.
Bring hard-to-find data to the surface and identify employees who routinely spend out of policy.
Track errors and incidents of fraud closely so you can tell the difference between intentional misuse and accidents.
Integrating your expense data means that your company can manage spending anywhere, anytime.
Let our team of global auditors handle expense audits and free your employees to focus on other tasks.
Simplify and speed up requests and approvals, drive policy compliance, and take control of company spend.
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