whitepaper
August 1, 2016

Using artificial intelligence to automate expense report audit, fraud detection, and risk compliance

Jonathan Chizick

Companies today rely on manual audit to detect fraud and compliance issues in their employees’ expense reports. Due to the large volume of data that needs to be researched and investigated, it is difficult for auditors to detect most issues, despite using expense policies and traditional violation flagging tools. In addition to being inefficient, this leaves companies vulnerable to fraud and compliance risks.