Use Case:

Organizations need to ensure that employees do not bypass expense thresholds by splitting transactions into smaller amounts. For example, if an employee makes two purchases from the same merchant within a short time frame, and the combined amount exceeds the company’s P-Card limit of $5,000, it could signal an attempt to avoid approval requirements.

The Split Spend Review risk analytic identifies potential policy violations by focusing on transactions from the same merchant that, when combined, surpass the company’s spending limits. Unlike the Aggregate Limits Detection Analytic, which monitors the total volume or value of transactions over a longer period, this analytic specifically targets attempts to bypass approval thresholds by splitting expenses into smaller amounts within a short timeframe. By flagging these occurrences, organizations can detect and investigate attempts to circumvent approval controls, ensuring compliance with financial policies.