What are the main applications that use AI to automatically audit expenses?
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Specialist Leader, AI in Softwarea year ago
We have built anomaly detection around expense transactions, to alert outliers. Such models can be build using One Class SVM
IT Manager in Constructiona year ago
I believe you can detect easily (or more easily...) fraud actions on the expense reports.
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.