Use Case:

Monitoring high-value cash transactions is crucial for identifying spending that may be unusual or non-compliant, particularly when cash payments are discouraged, such as for travel expenses or events involving attendees. For instance, if an employee submits a $900 cash reimbursement for airfare, bypassing the company’s policy requiring credit card use for large travel expenses, it could indicate a policy violation.

The Unusual Cash Expenses risk analytic specifically targets large cash-based transactions within these high-risk categories. Unlike the Cash Value analytic, which flags any transaction exceeding a set threshold, this analytic focuses on expenses in specific categories—such as lodging, airfare, or attendee-related costs—where cash usage may be unusual or violate policy. By concentrating on these targeted areas, this analytic enables organizations to detect and investigate irregular cash spending patterns more effectively, ensuring compliance and minimizing the risk of fund misuse.