SAP Concur Detect

Overview

SAP Concur Detect (by Oversight) is a highly sophisticated, AI- and machine learning-powered solution for the automated analysis and auditing of travel and expense reports. The platform was specifically developed to precisely identify compliance risks, policy violations, and potential fraud both before and after payment (pre- and post-payment). Through continuous, automated monitoring of all transactions, the solution significantly relieves corporate audit and compliance teams. Instead of manually auditing random samples, the system analyzes every single expense and prioritizes suspicious cases in a clear workbench. This allows auditors to focus specifically on high-risk transactions and clarify discrepancies directly from the platform with the affected employees. Founded in 1993 and now operating as an integral part of the global SAP Group (with over 80,000 employees worldwide), SAP Concur combines decades of expertise in spend management with state-of-the-art technology. The solution offers companies maximum transparency and control over their corporate spending. In addition, the platform meets the strictest global security and data protection requirements, certified according to ISO 27001, SOC 1, and SOC 2 Type II, and compliant with GDPR. This makes SAP Concur Detect ideal for internationally active corporations and demanding medium-sized companies looking to digitalize and secure their financial processes.