With Intelligent Audit, we’re inserting audits of policy prior to manager approval. By ensuring policy is followed prior to manager review, we can syphon off more expense reports that don’t require intervention increasing speed to payment, reducing delinquency, eliminating work from the system, and maintaining our risk profile.
When fully deployed, we’ll be able to bypass more than 50% of our expense reports allowing more time for our leaders to ideate and innovate.
-Jeffrey Thompson, Director, Payment Services-Program Design, Policy and Sourcing, Merck