expenses
Four ways for finance teams to avoid employee frustration during COVID
Recent research conducted by AppZen into employee spend management trends during the COVID pandemic highlighted several chall...
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Expenses and company culture in the new normal
A documented corporate expense policy should remove confusion about what employees should submit for reimbursement. In the co...
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7 ways to automate your unique corporate T&E policy with Mastermind
No two corporate T&E policies are exactly alike. AppZen Mastermind extends the power of AppZen Expense Audit to give ente...
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Expensing in a crisis, part 2: Companies rethink expense policies as COVID-19 disrupts office life
We hope our last blog helped your organization consider its response to the current global health crisis. As the situation su...
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Expensing in a crisis: Employees seeking reimbursement for COVID-19-related expenses
At AppZen, we help our customers process millions of finance transactions per month, giving us a uniquely detailed view into ...
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No one likes approving expense reports — Here are 4 ways AI can help
Hate expense reports? You’re not alone. Here’s how we usually see the expense report approval process play out. Finance...
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Should you approve expenses without receipts?
Anyone who has ever submitted an expense report after a business trip knows how stressful it can be to scramble to find recei...
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What’s the ideal turnaround time for expense report reimbursement?
Philosophies on the timing of employee expense report reimbursements diverge. On the one hand, companies should work to pay e...
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What 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 i...
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‘Tis the season for big spending
The holidays are right around the corner. Many of us have already started planning our holiday festivities, shopping, and cel...
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New Executive Dashboard puts AppZen’s benefits at your fingertips
Finance teams focus a lot of time and energy on day-to-day finance management, but they’re also expected to work towards lo...
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Double dipping or honest mistake? Detect duplicate expenses before payment
Imagine you’re rummaging through your luggage and you find an old receipt from a previous business trip several months ago....
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Catch alcohol, tobacco, flight upgrades, and more with AI
Company travel and entertainment (T&E) policies are becoming increasingly flexible. While we highly recommend offering s...
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From excessive gratuities to egregious typos, receipt verification finds them all
Auditing expense reports requires auditors to closely examine each expense to verify if the correct receipts are attached, an...
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Three expense policies you should consider revisiting
“Are you really going to reject that expense report because of that?” We ask our customers this question all the time ...
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4 expenses you should look out for around valentine’s day
Valentine’s day can be a wonderful time of year — especially for the retail industry. According to consumer trend pre...
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Why visibility into expense reports is so important
The average enterprise processes thousands of expense reports each quarter — large companies may process thousands dail...
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21 expenses that aren’t in your policy, but should be
I bet you have a solid expense policy for things like airfare, hotels, car rentals, and business meals. It probably has thoro...
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Reimburse employees in hours, not weeks, with AI
Today’s expense reimbursement process takes far too long — the average enterprise takes at least two weeks to pay back th...
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Analyzing data from 1,000 companies: 3 key ways to reduce spend
Enterprises spend millions – even billions – on business activities, yet their spend processes are outdated and i...
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Improve your company culture with expense report audits (really!)
When it comes to creating and sustaining a positive company culture, most organizations consider their core values, employee ...
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Dear CFOs: AI spend audits will be the least sexy fiduciary imperative of 2019
There’s a smorgasbord of sexy artificial intelligence products on the market these days. AI-based spend auditing is not one...
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The 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...
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Why is there so little expense report misconduct in China?
Last month, we published a data-driven piece revealing which countries are home to the most expensive report misconduct. Seve...
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Not in my back office: Which industries have the most expense report fraud?
According to new data published from AppZen’s Audit Insights platform, organizations in the professional services industry ...
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Which country has the most expense report fraud?
Employees in different countries behave very differently in accordance with company expense policies, according to new data r...
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AppZen data shows men commit the most expense fraud – even more than you may think
Men are the biggest offenders of expense report fraud by a wide margin, according to the latest AppZen proprietary data from ...
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Are executives responsible for the most expense report misconduct?
In the small and connected world of expense report auditing, it’s a common refrain that executives are the biggest and most...
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The 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 ratio...
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Find 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 lar...
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All 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...
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The 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 ...
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How 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 ...
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Corporate 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 co...
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Who’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....
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Manager 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...
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Think 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,...
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Proactive 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 mont...
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5 things CFOs should know about expense reports
How often do your employees make mistakes or forget to include original receipts when they are filling out expense reports?An...
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How 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 empl...
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Can your software stop expense report fraud?
Corporate credit cards may seem as a ‘safe’ bet to control and monitor expense report fraud. But, as the new audit conduc...
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Is your expense report audit effective?
Why do you need an effective expense report audit process? Expense reports generally have a two-stage verification process. E...
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