![]() ![]() ![]() ![]() On top of this, rejecting expenses can lead to conflict with submitters, as well as leading to yet more time spent on approvals. “Approving expenses correctly is a time-consuming task, so approvers will often sign off on spend with little more than a cursory glance. The Emburse intelligent audit model works as the first line of defense, discovering and denying basic instances of non-compliant spend, while the independent audit team prevents “rubber-stamping” and eliminates the risk of nuanced transactions falling through the cracks. Emburse Audit levels the playing field and creates equity at work so that all employees are treated consistently according to policy.Īdding machine learning and independent human auditors to the approval process gives organizations much-needed peace of mind. Instead, the burden of enforcing complex policy controls falls on AP clerks or business managers, who can be put into the difficult position of having to deny reimbursement to supervisors or coworkers. For many businesses, due diligence is an in-demand resource: companies often lack staff who are properly trained to audit expense reports. ![]() The new solution builds on Emburse’s existing expense management controls by giving customers flexibility to choose the level of audit that suits their organization’s requirements. Those with a high probability of error are routed to independent human auditors for review. Emburse Audit combines the power of machine learning with a team of independent human auditors to save time, ensure compliance, eliminate wasteful spending and reduce fraud.Įmburse Audit initially analyzes expense transactions against pre-defined criteria to assess the probability of compliance with an organization’s reimbursement policies. Emburse Audit provides organizations with a smart, efficient solution to ensure accurate and in-policy expense reimbursement. LOS ANGELES and PORTLAND, MAINE, Emburse, a global leader in expense management and accounts payable automation, announces the launch of Emburse Audit. ![]()
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