Errors and fraud often hide in plain sight. AI can spot patterns that humans miss.
How it works: Export a client’s transaction data as CSV. Paste it into AI with the prompt: ‘Analyze this transaction data and flag any anomalies — unusual amounts, duplicate transactions, payments to unfamiliar vendors, or patterns inconsistent with a [industry] business.’
What AI looks for:
- Duplicate payments within the same period
- Round-number transactions that may indicate estimates rather than real invoices
- Vendor names that are slightly different (possible duplicates or fictitious vendors)
- Transactions just below approval thresholds
Important caveat: AI is a first-pass review tool, not a forensic auditor. Use it to narrow your focus, then apply professional judgment to investigate flagged items.
Client value: Proactively flagging a duplicate payment or unusual transaction builds enormous trust.