What are the main applications that use AI to automatically audit expenses?

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IT Manager in Construction6 months ago

I believe you can detect easily (or more easily...) fraud actions on the expense reports.

Specialist Leader, AI in Software6 months ago

We have built anomaly detection around expense transactions, to alert outliers. Such models can be build using One Class SVM

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Senior Vice President Technology Vendor & Asset Management in Media6 months ago

Interesting topic. I guess for some companies it makes sense but expenses tend to make up such a small amount of an overall budget. I wouldn't think it is worth the effort to micromanage the process for such a small benefit.

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