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expenses

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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expenses

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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expenses

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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expenses

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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expenses

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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expenses

New and improved UI for expense report details

We’re excited to announce the release of a more intuitive user interface (UI) helping auditors reduce the time it takes to ...

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expenses

Best practices: Using the advanced filter

In the Best Practices series, we’ll dive into specific features of our platform to help existing users get the most out of ...

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expenses

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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expenses

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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expenses

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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expenses

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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expenses

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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expenses

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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expenses

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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expenses

New and improved audit management queue

The newest enhancement to our Expense Audit product offers helpful tools to better manage and distribute the audit workload a...

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expenses

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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expenses

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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expenses

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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expenses

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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expenses

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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expenses

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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expenses

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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expenses

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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expenses

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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expenses

What is AppZen’s Behavior Index?

The AppZen Behavioral Index (ABI) is one of the key attributes we use to identify and assign risk to an expense report. ABI i...

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expenses

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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expenses

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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expenses

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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expenses

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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expenses

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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expenses

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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expenses

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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expenses

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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expenses

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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expenses

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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expenses

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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expenses

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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expenses

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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