Business Spend Monitoring AI-Based Fraud Detection Powered by Community.ai
The Smarter Way to Monitor Business Spend
Spend Guard reduces your dependency on fraud auditing services - and can even replace them. As a powerful safety net across all of your business spend, Spend Guard helps you identify fraudulent spend more accurately and with less effort.
Monitor Every Transaction
Spend Guard covers a broad range of transactions to ensure nothing ever falls through the cracks. With 25+ alerts across 5 categories of business spend, companies can get started right away with minimal setup effort required.
Expedite Auditing Efforts
As transactions are submitted to Coupa's Business Spend Management platform, Spend Guard analyzes them in real time for suspicious activity and user error. Advanced AI/ML technology ensures analyses are more accurate than traditional rule-based algorithms.
Eliminate Unnecessary Review Cycles
Spend Guard natively integrates with Coupa's approval flow engine, allowing you to dynamically add additional Spend Guard reviewers to existing approval processes whenever a transaction is flagged as suspicious.
Increase Visibility Into Suspicious Behavior
Employees and suppliers committing fraud typically will not limit themselves to just one application. Spend Guard leverages spend data across the Coupa community to analyze transactions at a user level — a radical shift in fraud detection.
Brock Group Monitors Spend Activity in the Field with Spend Guard
With Spend Guard, Brock was able to discover an employee who had submitted multiple seemingly legitimate, small-dollar expenses that added up to thousands of dollars in fraudulent spend.
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