Use Case:

In corporate environments, employees are required to submit expenses for reimbursement within a certain timeframe, typically soon after the expense is incurred. However, late submissions may indicate attempts to manipulate the system or hide irregularities.

The Aged Expense - Submitted Risk Analytic is designed to flag for such instances. It looks at the variance of days between the expense incurrence date and the report submission date. In other words, the time between when the employee made the purchase and when they filed their expense report for payment by the company.