Keyword Detection
Table of Contents
Use Case:
Organizations need to monitor for high-risk keywords or phrases that may indicate non-compliant or suspicious activities. For example, if a customer revenue transaction includes the phrase "special agreement" in the comments section, it could suggest an unusual or non-compliant sales arrangement that requires further review.
The Keyword Detection risk analytic flags transactions containing high-risk keywords or phrases in fields such as transaction descriptions, comments, billing text, and customer or third-party names. By scanning for terms like "special agreement," "unofficial fee," or "extra charge," this analytic helps organizations identify potentially problematic transactions. Through this proactive detection, companies can review flagged transactions and ensure compliance with internal policies and regulations.
| Description | Identifies transactions where the text contains high-risk keywords or phrases. The following fields are searched: report title, business purpose (report, expense, and itemizations), comments (report, expense, and itemizations), and vendor name. |
| Domain(s) | Customer Revenue |
| Analysis Type | Flag |
| Focus Area | Text |
| Score Methodology | The associated risk for the keyword/phrase. Note that ** reflects many words (fee, expense, facilitation, payment, charge, advance, or support), while the convention of 'W\\3', for example, means with up to any 3 words in between. Further, '|' means 'or'. |
Default Scoring Criteria
Importance: 4 (default)
Enabled: True (default)
Unique Configuration
Fields configured to check:
- Billing Item Text
- Billing Item Line Text
- Accounting Entry Text
Exclusions
None