AI-driven anomaly detection, risk analysis & financial insights: webinar summary

What you'll learn

• Profiling users for segregation of duties and training issues: The platform can be used to analyze the risk profiles of different temp workers by seeing which transactions they recorded and identifying any unusual activities. - Segregation of duties: The platform allows users to view the types of transactions recorded by specific users, ensuring they are recording transactions appropriate for their job descriptions. - Focusing on specific processes: Users can select specific types of transactions, such as journal entries, to analyze accounts impacted by manual entries and verify if they meet expectations. - Prior period comparison: The platform allows users to compare regions or transaction types year-over-year to identify changes in activity and risk profiles. New or discontinued activities can be easily spotted, providing a useful indication of changes within a particular segment. - Transaction structure: Unique to MindBridge, the platform offers a transaction structure feature that focuses on the monetary structure and flow of transactions. By identifying transaction structures in a specific region that aren’t consistent with other regions, users can potentially pinpoint process issues within the organization.

Topics covered