No, you can’t game your expense report with food products renamed as office supplies
Recently, Instagram posts went viral from a Toronto restaurant (@goodfortuneburger) that renamed its items as WFH expenses wi...Read the Article
Perception vs. Reality – The Use of Technology in Finance Departments
Technology plays a critical role in modern finance departments. From e-invoicing to analytics dashboards, CFOs and their team...Read the Article
Four ways AI is revolutionizing employee expense processing
Controlling corporate spend is always high on the list of priorities for controllers and their teams but has become even more...Read the Article
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...Read the Article
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...Read the Article
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...Read the Article
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...Read the Article
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 ...Read the Article
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...Read the Article
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...Read the Article
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...Read the Article
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...Read the Article
‘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...Read the Article
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...Read the Article
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....Read the Article
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...Read the Article
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...Read the Article
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 ...Read the Article
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...Read the Article
Why visibility into expense reports is so important
The average enterprise processes thousands of expense reports each quarter — large companies may process thousands dail...Read the Article
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...Read the Article
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...Read the Article
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...Read the Article
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 ...Read the Article
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...Read the Article
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...Read the Article
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...Read the Article
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 ...Read the Article
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...Read the Article
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 ...Read the Article
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...Read the Article
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...Read the Article
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...Read the Article
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...Read the Article
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 ...Read the Article
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 ...Read the Article
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...Read the Article
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....Read the Article
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...Read the Article
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,...Read the Article
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...Read the Article
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...Read the Article
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...Read the Article
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...Read the Article
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...Read the Article