Continuously monitor your spend data with our risk engine algorithm – incorporating advanced fraud detection techniques and machine learning – to identify anomalies and high-risk spend that might impact enterprise risk.
Our algorithm incorporates a library of techniques targeting corruption and fraud, as well as advanced outlier detection and trending, to detect risk within your company’s expenses and disbursements.
Tweak a number of settings to match your company’s risk profile and needs, enabling our risk engine to generate more relevant risk scores and expose expenses and disbursements that are most pertinent.
We use machine learning to improve the risk engine scoring over time. As the system is trained by users resolving flagged expenses and disbursements, future transactions can be prioritized higher (i.e., receive higher scores) where past analyses or combinations of analysis have yielded confirmed results.
View and take action on expenses and disbursements identified for review by the risk engine. Resolve quickly by seeing critical details about the transaction as well as the basis for the assigned risk score.
Push expenses or disbursements that need further review into a workflow to document the resolution and any remediation, including comments and uploaded files supporting the resolution.
The results of your reviews are not wasted. They are fed into our risk engine algorithm to enhance the identification of risky transactions and suppress the generation of false positives.
Gain insights from dashboards that enable you to view all spend data, highlighting key program metrics and exposing risk trends, patterns and outliers. Deep-dive into specific areas of spend by third-party, employee or location.
Visualize data and metrics related to your overall compliance program in one place, to quickly assess the health of your program.
Export data in seconds for ad-hoc analysis or sharing. Export visualizations for Board and Compliance Committee presentations at the click of a button.
At its core, our continuous monitoring platform is user-friendly and accessible from nearly any device, making monitoring efforts less onerous and approachable for all types of professionals.
Our permissions are set up to grant access to users on a need-to-know basis, meaning data and dashboards are restricted in accordance with the user’s country, region or functional area.
From high-risk third parties to employee travel and entertainment and conflicts of interest, consolidate, monitor, and visualize your spend and risk in one unified platform.
Our application is ISO/IEC 27001 certified, meeting the world’s highest standards for information security.
Our application and database are stored in Europe to support your GDPR efforts.
Our software is hosted on Amazon Web Services (AWS) with 24/7 security monitoring.
Our pre-designed risk algorithms allow you to roll-out a world-class continuous monitoring program in weeks, with minimal effort.
Enable single-sign-on and integrate with leading HR, master data, and financial systems using our REST API, to make roll out even smoother.
Our team will support you the whole way with training materials, train-the-trainer sessions and 24/7 technical support for the application after go-live.
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