Use Case:

Ensuring that employee expenses are properly documented is essential for maintaining compliance and accuracy in expense reporting. Expenses without physical proof, such as a receipt, can raise concerns about the legitimacy of the transaction.

The Receipt Image Check risk analytic uses OCR (Optical Character Recognition) technology to read and verify receipts, ensuring that each transaction is supported by either an uploaded image or e-receipt. It flags transactions lacking this documentation, focusing on the transaction value—such as the cost of a meal—and helps organizations maintain completeness and accuracy in their expense reports.