What is Concur Detect by Oversight in SAP BV-FINANCE - Brand Voice - Financial Management?

SAP Term: Concur Detect by Oversight

• Component: BV-FINANCE

• Component Name: Brand Voice - Financial Management

• Description: A service that uses artificial intelligence for real-time analysis of expense reports based on policy, and assigns risk ratings.

Smart SAP Assistant

• Key Concepts: 
  Concur Detect by Oversight is a cloud-based solution from SAP that helps organizations detect and prevent fraud, waste, and abuse in their financial processes. It uses advanced analytics to identify suspicious activity and alert users to potential issues. The solution is part of the SAP Concur suite of products, which provides a comprehensive set of tools for managing travel and expense management.
  
  How to use it: 
  Concur Detect by Oversight can be used to monitor financial transactions for suspicious activity. It can be configured to detect patterns of fraud, waste, and abuse, as well as identify potential areas of risk. The solution can also be used to generate reports on financial activity and provide insights into potential issues.
  
  Tips & Tricks: 
  When using Concur Detect by Oversight, it is important to ensure that the system is properly configured to detect the types of fraud, waste, and abuse that are most relevant to your organization. Additionally, it is important to regularly review the reports generated by the system in order to ensure that any suspicious activity is identified and addressed promptly.
  
  Related Information: 
  For more information about Concur Detect by Oversight, please visit the SAP website at https://www.sap.com/products/concur-detect-oversight.html. Additionally, there are a number of resources available online that provide additional information about the product and how it can be used to help organizations detect and prevent fraud, waste, and abuse in their financial processes.