Spend-related regulatory violations come in the form of different types of payments or gifts, including those to sanctioned organizations or people; debarred organizations or people; organizations or people on an export control list; foreign officials or government-owned entities; politically-exposed people; and healthcare professionals or organizations.
How do you know if you have these violations hiding in your organization's expenses, contracts, or invoices?
It’s not easy to weed them out, and if you don’t have an automated, systematic approach, doing so is prohibitively time consuming.