Set Up Expense Risk Levels
Security:
Set Up: Expense Protect
domain in Expenses functional area.You can customize Expense Protect risk levels configuration based on your business needs to
surface unusual expense reports. You can configure risk levels by:
- Company
- Company Hierarchy
- Risk Insight
Expense Protect identifies expense reports with medium and high risk levels based on your
threshold and provides insights, enabling you to identify problematic expenses.
Once you opt in to Expense Protect and machine
learning is ready in your tenant, Workday displays the
Risk Insights
and Risk Level
columns in the Expense Report Work
Area
even if you haven't enabled the Set Up: Expense Protect
domain.- Access theMaintain Expense Risk Level Configurationtask.
- In theCustomizable Risk Level Configuration table, select or enter the:
- Risk Insight Type
- Company/Company Hierarchy
- Risk score values
Expense Protect bases risk insights and risk levels on newly configured risk scores for
each
Risk Insight
.Access the
Expense Report Work Area
to view risk insights and risk
levels for expense reports. You can also use these report fields on the Expense Report line
business object in custom reports:- Duplicate Expense from Expense Protect
- Duplicate Expense Risk Score
- Risk Score
- Risk Score for Amount Anomaly
- Risk Score for Incorrect Expense Item
- Suggested Expense Item