Ramp Metric
Expense Management
Expense Fraud Detection Rate = (Confirmed Fraudulent Transactions / Total Flagged Transactions) × 100
Expense fraud detection rate is the percentage of flagged transactions confirmed as fraudulent or policy-abusive relative to total transactions reviewed. It measures the effectiveness of both automated controls and manual review processes in identifying genuine threats.
Full guide: definition, formula, and benchmarksRampExpense ManagementExpense Fraud Detection Rate
Expense fraud detection rate is the percentage of flagged transactions confirmed as fraudulent or policy-abusive relative to total transactions reviewed. It measures the effectiveness of both automated controls and manual review processes in identifying genuine threats.
How to calculate expense fraud detection rate
Why expense fraud detection rate matters for Ramp users
Even well-controlled organisations face expense fraud - from fictitious receipts and personal purchases on corporate cards to collusion with vendors. A low detection rate may mean fraud is slipping through, while an excessively high flag rate with few confirmations wastes reviewer time.
Ramp users benefit from real-time transaction monitoring and automated receipt verification that surface suspicious patterns early. Tracking detection rate ensures these controls remain calibrated as spending patterns evolve and new fraud vectors emerge.
Understand and act on expense fraud detection rate with KPI Tree
Sync Ramp flagged-transaction and review-outcome data to your warehouse and compute detection rate in KPI Tree. Place it in a financial controls tree alongside compliance violation rate and spend anomaly detection.
Assign internal audit or finance ownership and set alerts when detection rate shifts significantly, indicating either improved fraud attempts or degrading control effectiveness.
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Related Ramp metrics
Spend Anomaly Detection
Expense ManagementMetric Definition
Spend anomaly detection measures the volume and value of transactions flagged as statistical outliers against historical spending patterns. It captures deviations in amount, frequency, merchant, or timing that warrant investigation.
Compliance Violation Rate
Expense ManagementMetric Definition
Compliance Violation Rate = (Violating Transactions / Total Transactions) × 100
Compliance violation rate is the percentage of transactions that breach company spending policies, including merchant restrictions, spending limits, or category prohibitions. It measures policy enforcement effectiveness.
Out-of-Policy Spend Rate
Expense ManagementMetric Definition
Out-of-Policy Spend Rate = (Out-of-Policy Spend / Total Spend) × 100
Out-of-policy spend rate measures the percentage of total spend that falls outside company expense policies, including excessive amounts, unapproved categories, or non-compliant merchants.
Duplicate Payment Detection
Expense ManagementMetric Definition
Duplicate payment detection measures the number and value of potentially duplicated transactions identified across expense submissions and vendor payments. It quantifies recoverable waste in the payments process.
Explore expense fraud detection rate across integrations
All Ramp metrics
Average Transaction ValueBudget Adherence RateBudget Utilisation RateCard Activation RateCategory Spend AnalysisCompliance Violation RateDepartment Spend AnalysisDuplicate Payment DetectionEmployee Reimbursement TimeExpense Approval Cycle TimeExpense Per EmployeeMaverick Spend RateMerchant Concentration AnalysisBurn RateOut-of-Policy Spend RatePayment Cycle TimeReceipt Compliance RateRecurring Spend AnalysisSavings Identification RateSpend by Vendor AnalysisSpend Forecast AccuracySubscription Waste DetectionT&E Spend RatioTotal Spend Under ManagementVirtual Card Adoption RateAccounting Integration AccuracyBill Payment Cycle TimeCard Spend DistributionReconciliation TimeSpend Anomaly DetectionVendor Consolidation SavingsEmpower your team to understand and act on Ramp data
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