Autonomous AP
According to our survey, finance teams are overwhelmed by email. Could generative AI help?
Spending 7 hours a week on email? According to our survey, you’re not alone. In the fast-paced world of finance, efficiency is key. In June and July...
MoreGenerative AI meets AP processing: the efficiency of AppZen Inbox
At AppZen, we're always looking for ways to make your financial operations more efficient and effective. That’s why we're excited to introduce our...
MoreHow AI simplifies India’s e-invoice processing
The e-invoicing mandate for India is finally a reality. Businesses registered on the GST portal are now issuing e-invoices to their customers. This...
More5 ways to hit company savings goals with AI
As a finance manager, one of your primary responsibilities is to help your company reach its savings goals. Achieving these goals requires a...
MorePutting on your AI oxygen mask: automating GL code assignment for non-PO-backed invoices
Accurately assigning general ledger (GL) codes for invoices that are missing purchase orders (POs) is harder than climbing Mt. Everest while holding...
MoreEverything you need to know about VAT and expense reports
Although VAT is a common expense topic, few finance teams know precisely what it is or how to approach recovery for the maximum benefit. Here are the...
MoreAre your corporate expense policies getting lost in translation?
In this edition of our “Did You Know?” series, we look at how finance teams can verify foreign language expense receipts. This ongoing series...
MoreThe 3Ps of expense compliance verification: pervasive, preventive, prepayment
In this edition of our “Did You Know?” series, we look at the limitations of existing compliance verification and how to transform it into a...
More6 ways AI can improve your spend audit process
Is your finance team busy and overworked, but too hesitant to change their spend audit processes? As time-consuming and frustrating as manual expense...
MoreWorried about Sunshine Act compliance? Here’s a simple reporting solution
In this edition of our “Did You Know?” series, we look at simplifying HCP/One Payment compliance to meet the requirements of the Sunshine Act. This...
MoreCFO Survey: Five Surprising Facts About IT in Finance Departments
The past year was full of surprises. From the pandemic that none of us saw coming to a US election without precedent to a seismic move from...
MoreWhat's the ideal turnaround time for expense report reimbursement?
Philosophies on the timing of employee expense report reimbursements diverge.
MoreTripActions Liquid and AppZen just made life easier for road warriors and finance leaders
Underlying the power of AppZen’s spend auditing capabilities are the layers of our AI-driven platform, which audits 100% of spend, uncovers problems...
MoreWhat is AppZen’s Compliance Index?
The AppZen Compliance Index (ACI) is one of the key attributes we use to identify and assign risk to an expense report. ACI is analogous to a FICO...
MoreSunshine Act compliance: All you need to know
What is the Sunshine Act? Its full name is actually The Physician Payments Sunshine Act (PPSA) and it was designed to boost transparency around the...
MoreAI Vanguard Awards: Waqas Aman, Airbus
van·guard /ˈvanˌɡärd/ noun: a group of people leading the way in new developments or ideas.
MoreAppZen nabs gold for fastest growing company in 2018
We’re thrilled that we’ve been named a gold winner of the Fastest Growing Company of the Year — Small Category in Best in Biz Awards, the only...
MoreThe most creative expense report stories of 2018
Black Friday and Cyber Monday, and all their related madness, are nearly upon us. What better time to reflect on a tremendous year for acts of...
MoreAppZen raises $35 million to supercharge growth in enterprise AI platform for spend audits
Today we announced the closing of $35 million Series B financing led by Lightspeed Venture Partners. Existing Series A investor Redpoint Ventures and...
MoreWhich country has the most expense report fraud?
Employees in different countries behave very differently in accordance with company expense policies, according to new data released from the AppZen...
MoreAppZen shortlisted for AIConics "Best Innovation in Deep Learning" award
We’re honored to be on the shortlist for the AIConics Award for Best Innovation in Deep Learning! The AIConics awards celebrate the drive and...
MoreAppZen named Rising Star in Forbes Cloud 100 list
We’re excited to share that we’ve been named one of 20 Rising Stars as part of Forbes 2018 Cloud 100, the definitive list of the top 100 private...
More4 examples of invoice fraud from the last 10 years
Accounting departments often don’t have the time or resources to question the legitimacy of every bill that comes across their desks. Unscrupulous...
MoreAppZen Finance AI 101
The AppZen artificial intelligence platform uses a combination of deep learning, machine learning, and semantic modeling to comprise our artificial...
MoreThe average instance of employee fraud is bigger than you may think
Many back office professionals turn a willing blind eye to suspected expense report misconduct by employees. The cited rationale is that employees...
MoreFind money the AppZen way, with historical expense audits
Everyone wants to prevent occupational fraud in the future. Small incidents of misconduct today can be gateway drugs into larger, extremely-costly...
MoreAppZen wins Benzinga Award for best use of AI and machine learning
We’re fired up to share that AppZen has been named the Benzinga Fintech Award winner for best use of Artificial Intelligence (AI) and Machine...
MoreAppZen partners with Coupa software to extend audit capabilities for Coupa customers
AppZen is a new partner in the expanding CoupaLink program, part of Coupa Software, a leading business spend management platform. CoupaLink allows...
MoreAppZen receives TiE50 award 2018, named one of the world’s top 50 technology startups
We’re extremely excited to announce that AppZen has been named one the world’s top 50 technology startups by receiving the prestigious TiE50 Award...
MoreWhat's the difference between RPA and AI?
Robotic Process Automation (RPA) and Artificial Intelligence (AI) are often used interchangeably. This bucketing is unfortunate, since they mean very...
MoreAll too human: Expense report misconduct auditors miss
Say your human auditor was tasked with analyzing every single one of your expense reports. What would she do? She’d examine line items, and manually...
MoreThe most notorious expense report scandals of the last 20 years
Expense reports seem a mundane fraction of reality; all we have to do is lay out work expenses, itemize and submit them, and get reimbursed. Yet for...
MoreHow employees cheat employers on Valentine's Day
Falling in love can be wonderful. With our heads in the clouds, we sit back and ruminate on our blissful fortune—sometimes temporarily losing track...
MoreNew funding from Redpoint to support AI in the enterprise
We have some exciting news to share: we’ve raised $13 million in a Series A round led by Redpoint Ventures and including Resolute Ventures, our lead...
MoreWhere to begin with GDPR compliance: The clock is ticking
Data is often a company’s most critical asset. Businesses globally are collecting increasing amounts of data on customers and partners so they can be...
MoreCorporate culture and ethical behavior: Leading by example
In our last post, we saw how tough it can be to differentiate between misconduct and genuine human error when it comes to corporate fraud. The key to...
MoreWho's to blame when accidental expense report fraud occurs?
Blame it on sticky fingers, late nights, or month end deadlines. Employee misconduct can sometimes just be an honest mistake. Yes, there are...
MoreManager approval process for T&E: Useless or useful?
I once sat in an interview with a Manager who told us, step by step, his process to approve his team’s expense reports. His story went something like...
MoreThink your external auditors will sniff out fraud? Think again!
When a company uncovers internal fraud, their first question is ‘Why didn’t the auditor catch that?’ The simple answer, is that the purpose of an...
MoreProactive fraud detection: The future is AI (Part 2)
An astonishing 37% of companies still rely on managing their T&E with paper and Excel. Many of these companies may not realize they’re relying on the...
MoreProactive fraud detection: The future is AI
Your long awaited family camping trip comes around. You’ve just earned a weekend away from Excel after closing the month-end books. Only a handful of...
MoreWhy AI needs to be part of your business transformation
Amazon’s much anticipated launch into supermarket retailing is set to open, with the first store in Seattle already available to Amazon employees....
MoreHow the FCPA can be harmful to your business
Mention the Foreign Corrupt Practices Act to an executive at Nortek Inc. and you may well hear the sigh of someone who feels they’ve dodged a bullet.
MoreHow is your T&E management?
If you’ve spent much time at all in T&E management, you’ve probably read other articles and blog posts about employees passing off crazy expenses....
MoreIs your expense report audit effective?
Why do you need an effective expense report audit process?
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