Expenses are a fraud risk
Many companies opt for software programs to electronically manage their expenses. These solutions are great for program management, but can they help you detect misuse, abuse, and fraud?
Alessa provides state-of-the-art monitoring and analysis to protect your business. Fraud schemes can be complex, and Alessa’s comprehensive analytics can help you actively detect and manage your risk.
Why Choose Alessa for Procurement Monitoring?
You Need the Right Analytical Power
Alessa offers a transaction monitoring and fraud detection platform that prevents revenue loss from fraud, abuse and waste in expense and procurement programs.
Designed for public and private institutions of all sizes, Alessa is a configurable solution that can help you:
- Detect fraud, misuse and abuse within your procurement programs
- Prevent improper payments
- Eliminate expensive cost-recovery services
- Protect against vendor risks
Detect Fraud, Misuse and Abuse
Alessa allows you to identify and prevent:
- Travel and entertainment anomalies
- Inconsistent procurement and expense management processes
- P-Card fraud
Under the Hood
Cross-Departmental & Cardholder Analysis
Examine data from your other systems to maximize insights and ensure that transactions are analyzed holistically.
For example, if an employee submitted expenses for a business trip last week, the transaction by itself would appear to comply with company policies. However, if HR data reveals that the employee was on leave that day, the transaction could be flagged for further investigation.
Automated Transaction Monitoring
Review every transaction to ensure that business or expense rules have not been violated. If a deviation or violation is detected, the system automatically flags the transaction for investigation and resolution.
This functionality ensures that travel, entertainment, and expense policies are not violated. It also flags any transactions that may affect the company’s reputation, such as:
- Violations of the Foreign Corrupt Practices Act (FCPA)
- Business dealings with politically exposed persons (PEPs).
Workflow and Case Management Capabilities
Once a transaction has been flagged, it is important that it be investigated quickly and methodically.
Alessa’s workflows and case management solution provide fast, automated remediation. You can choose alerts to be delivered via email, text message or an on-screen pop-up. Alessa can be customized to provide:
- Links to related issues that may help the user make decisions
- The entire history and nature of the issue, including who performed what actions when
- Remediation guidelines on how to approach the issue
- Indicators that will inform processes improvements, including possible root causes and the actions performed
These configurable workflows ensure that processes that meet the company’s culture and policies are implemented.
Industries We Serve
You May Also Like
Procurement monitoring is just one solution in Alessa’s integrated platform. It is powerful on its own, but when used in collaboration with our AML solutions and additional fraud management solutions, you will benefit from:
Integrated FRAML Platform
Combining all relevant data into a single, user-friendly platform, Alessa allows you to easily detect money laundering and fraudulent activities such as account takeover fraud.
IDV & KYC
Alessa integrates with your onboarding system to verify identities in real time which means you can complete due diligence in minutes, validate customers faster and protect your organization from fraud.
Account Takeover Fraud (ATO) Prevention
You need an ATO prevention solution to help safeguard your customer’s accounts and your company’s reputation. Alessa allows your team to easily detect the threat of a client account takeover so that you can quickly shut down the account before serious damage is done.
Continuous Controls Monitoring
(CCM)
Alessa provides early detection of abuse, misuse, and waste in your business processes and activities. Powered by rules-based analytics, Alessa automates process monitoring and analysis to quickly flag suspicious activities.
Watchlist and Sanctions Screening
Alessa uses current sanction lists, OFAC, law enforcement, PEPs adverse media, crypto, and your own internal high-risk lists to provide expansive insights into the risks associated with any customer or entity.
Transaction Monitoring
Our AML transaction monitoring gives you instant results and faster decision-making capabilities. Alessa provides immediate insight into suspicious activity for accurate transaction monitoring leading to fewer false positives.
Regulatory Reporting
Regulatory reporting can be the most time-consuming task you have, but it’s also one of the most important. With Alessa, your reports are automatically filed and validated in minutes – saving you hours of manual entry and ensuring fewer rejected reports.
Schedule a Free Demo
See for yourself how Alessa can help your organization
Book your complimentary demo of our Procurement Monitoring Software.
Latest Insights
You Know You Work in Compliance When…
Spend enough time working in compliance and something starts to happen: you begin seeing red flags everywhere. The unusual transaction. The oddly worded email. The
Pig Butchering Scams: Inside FinCEN’s $13 Billion Alert
Pig butchering scams have become one of the largest sources of scam-related reporting in the U.S. financial system. On September 3, 2026, the Financial Crimes
UBS’s $125 Million BSA Penalty: What “Recidivist” Violations Mean for Your Program
On August 3, 2026, the Financial Crimes Enforcement Network (FinCEN) assessed a $125 million Bank Secrecy Act (BSA) penalty against UBS Financial Services Inc. (UBSFS).
Form 8300 Reporting Requirements Explained
Most compliance programs are built around banks and other financial institutions, but the requirement to report large cash transactions extends well beyond them. Car dealers,
FinCEN 314(b) Information Sharing: How Voluntary Sharing Works
Fraud and money laundering rarely stay inside the walls of a single institution. A scam that drains one account often resurfaces at another bank within
Casino AML Compliance: How to Cut Costs Without Cutting Corners
If you work in casino compliance, you probably don’t need another reminder that AML failures can be expensive. The recent headlines out of Las Vegas
Excellent tool for fraud prevention and risk management
I have worked with Alessa for years because of how useful it is to thoroughly analyze transactions and identify suspicious operations
– Jane Doe, Company ABC
