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