Expense Management

Automated review and approval of employee expense reports and invoices before reimbursement.

Business impact

• Expense invoices audited — Nokia reported that expense invoices were audited 100 per cent.

Data requirements

• Expense reports (text) — Claims submitted by employees for review and approval.
• Receipts and invoices (image) — Documents are captured and read by OCR for data extraction.
• Expense transaction details (tabular) — Structured fields such as amount, date, currency, and merchant are extracted and stored.

AI methods and techniques

• Automated audit checks — Used to review expense reports before manager approval.
• OCR — Used to extract data from invoices and receipts to speed up expense processing.

Industries

Real-world evidence

2 documented case studies on record.

Companies using this: Nokia, Kerry Logistics.