Travel & Expense, Finance AI, Did You Know?

When it comes to corporate expense audits, one size does not fit all

In this segment of our “Did You Know?” series, we look at why amount verification per expense type can help control excessive spend and policy...

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Finance AI, Did You Know?

Empowering Auditors to Act: Combining integrated case management with prepayment risk identification

In this segment of our “Did You Know?” series, we look at why integrated case management is such an essential part of making expense audit programs...

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Travel & Expense, Finance AI, Did You Know?

Managing unseen duplicate spend in finance departments

In this segment of our “Did You Know?” series, we look at the issue of duplicate spend across both invoices and employee expenses. This ongoing...

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Travel & Expense, Finance AI, Did You Know?

Personal expense or valid business spend? With AI, it’s black and white

In this segment of our “Did You Know?” series, we examine the blurred lines between personal and business expenses, and suggest tools and insights...

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Finance AI

Digital aspirations in Finance: what type of essential CFO do you want to be?

The world is becoming increasingly digital, and the finance department is no different. We’ve come a long way since the adding machines and...

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Compliance, Travel & Expense, Finance AI, Did You Know?

Worried 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...

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Compliance, Travel & Expense, Finance AI, Did You Know?

Are 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...

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Compliance, Travel & Expense, Finance AI, Did You Know?

The 3Ps of expense compliance verification: Pervasive, preventive and 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...

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Compliance, Travel & Expense, Finance AI, Did You Know?

Your expenses never stop changing. Neither should your expense analytics.

In this edition of our “Did You Know?” series, we look at on-demand expense analytics and how management dashboards can help you take a more...

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Travel & Expense, Finance AI, Did You Know?

The top 3 expense audit analytics tools you can’t live without

In this edition of our “Did You Know?” series, we look at the use of self-service reporting and analytics within the finance department. This ongoing...

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Travel & Expense, Finance AI, Did You Know?

From Powerpoint to Pedicures: Controlling suspicious spend in a remote working world

Our ongoing “Did you know” series highlights the capabilities and benefits of AppZen Expense Audit, bringing you deeper into what makes it tick and...

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Travel & Expense, Finance AI, Did You Know?

You can’t manage what you can’t measure: Getting a 360-degree view of spend data

Our ongoing series “Did you know” highlights the capabilities and benefits of AppZen Expense Audit, bringing you deeper into what makes it tick and...

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Travel & Expense, Finance AI, Did You Know?

3 excellent reasons to benchmark your company spend against industry peers

Our ongoing “Did you know” series highlights the capabilities and benefits of AppZen Expense Audit, bringing you deeper into what makes it tick and...

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Travel & Expense, Finance AI, Did You Know?

World-class customer support to transform your expense operations

Our ongoing “Did you know” series highlights the capabilities and benefits of AppZen Expense Audit, bringing you deeper into what makes it tick and...

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Compliance, Travel & Expense, Finance AI, Did You Know?

3 Reasons to use AI to automate financial compliance

Our ongoing “Did you know” series highlights the capabilities and benefits of AppZen Expense Audit, bringing you deeper into what makes it tick and...

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Travel & Expense, Finance AI, Did You Know?

Are repeat offenders staying under your expense audit radar?

Our ongoing “Did you know” series highlights the capabilities and benefits of AppZen Expense Audit, bringing you deeper into what makes it tick and...

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Finance AI

The Autonomous Index: A framework for CFOs moving from automation to autonomy

Imagine a self-driving car asking the driver at every intersection which way it should go or whether the road is clear. This is not very useful...and...

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Finance AI

Finding the Right Focus - Finance Analytics to the Power of Ten

Charles and Ray Eames’ documentary, Powers of Ten, is one of the most famous short films ever made and illustrates beautifully the importance of...

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Travel & Expense, Finance AI, Did You Know?

Finance teams really can afford to audit 100% of corporate expenses prior to reimbursement

Welcome to our new series of blogs on expense auditing issues, trends, and automation best practices. Our ongoing “Did you know?” series highlights...

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Travel & Expense, Finance AI, Did You Know?

How to stop employee travel upgrades from downgrading your bottom line

Our ongoing “Did you know?” series highlights the capabilities and benefits of AppZen and how you can take advantage of our solutions’ capabilities....

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Travel & Expense, Finance AI

AI Automation for Your AP Inbox with SAP Ariba and AppZen

Accounts payable teams using SAP Ariba have been struggling with long cycle times and high-cost invoice processing for years. These teams find...

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Finance AI, Accounts Payable

The Benefits of Autonomous Invoice Processing for CFOs

Over the last 10+ years, very little has changed in the way we perform the accounts payable process. We have seen incremental improvements to invoice...

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Finance AI

Pivotal transformation: From assisted driving to fully autonomous finance

Mauricio Peña, Chief Safety Officer for Waymo, one of the most well-known companies developing technology for driverless vehicles, recently wrote an...

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Finance AI, Accounts Payable

Autonomous AP: How AI is transforming Accounts Payable for modern finance teams

AI has been transforming the worlds of driving, advertising, e-commerce, personal assistants, and customer service. Now, AI for Accounts Payable is...

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Finance AI

Oracle Payables with AI-driven autonomous invoice processing automation

We recently held a webinar discussing how Oracle Payables customers can fully automate all invoices when combined with AppZen’s Finance AI. Watch the...

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Finance AI

Robotic Process Automation (RPA) and AI set to drive next-level modern finance

Robotic process automation is a very, very hot topic at the moment. RPA technology automates basic repetitive, typically manual, processes and...

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Finance AI

Balancing Cost Cutting with Innovation - The Future State of Finance Departments

CFOs are frequently asked to do more with less. But during the COVID-19 pandemic, this expectation has been more pronounced than ever. Many tout...

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Finance AI

The Self-driving Finance Department – Fact or Fiction?

In 2005, DARPA issued a challenge to the world to create a self-driving car. 

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Finance AI

CFO 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...

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Finance AI

Using advanced AI to eliminate unnecessary employee spend

Managing employee expenses is a mundane and often error-prone task that is an expensive drain on financial resources. Unfortunately, spend management...

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Finance AI

Custom expense policies demand automated, but flexible, AI enforcement

Your organization is unique — and so are your expense policies. Expense leaders worldwide spend hours crafting finely honed policies that detail...

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Finance AI

Be like Becky! (with the help of the AppZen Certification program)

“I aced it,” quipped Becky, an AppZen Certified Professional, after she completed the technical learning path offered by AppZen University. “This...

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Finance AI

5 reasons you need a crisis to drive transformation

There’s a saying that a crisis is a terrible thing to waste. What it actually represents is an opportunity–and the space–for change that normally...

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Finance AI

5 ways to stop accounts payable leakage at scale with AI

The Accounts Payable (AP) team has several responsibilities; not only are they the gatekeeper of an organization’s precious funds, but they are also...

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Finance AI

9 business spend duplicates only AI can catch

What prevention methods does your company have in place to prevent duplicate spend? Most modern invoice automation systems can look out for two...

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Finance AI

Expand the scope of your finance transformation with the new AppZen Platform

The CFO Squeeze CFOs face never-ending pressure to cut costs, fund revenue growth, and maintain financial controls. And at the same time, they need...

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Finance AI

The implications of AI: How we've integrated ethics into our culture and decision-making

In October 2017, I attended a technical talk where hundreds of people gathered to learn about the future of artificial intelligence. The panelists...

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Finance AI

What could be lurking in your expense reports? Here are the craziest things flagged by AI

Employees who are unfamiliar with your company T&E policy may accidentally submit an out-of-policy expense occasionally. While there are certainly...

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Finance AI

Where we go from here: 7 absolutely critical investments for building the AI platform for modern finance teams

Today we announced that we raised a $50 million series C round of funding, bringing our total investment to more than $100 million. We’re excited...

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Finance AI

9 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 manual expense...

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Finance AI

7 ways AI can help you comply with policy and regulations

For a business, the consequences of non-compliance can be disastrous — including fines, lawsuits, and debarment. But it can be hard for busy finance...

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Finance AI

Why you need visibility into invoices (and how AI can help you get it)

We’ve covered how having visibility into employee expense reports helps organizations catch errors, waste, and fraud, and streamline process so that...

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Finance AI

6 ways AI can help reduce business spend 

There’s a lot that can go wrong in the typical organization’s spend audit process. Manually auditing vendor invoices and employee expense reports is...

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Finance AI

4 reasons you need AI in your finance department

Does your finance team still manage your T&E with Excel? Process invoices manually? Randomly select 10% of your expense reports to audit?

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Finance AI

How AppZen applies self-driving car technology to reduce business spend

Computer vision is a widely growing field within artificial intelligence. Widely used applications include autonomous driving, social media face...

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Finance AI

Star Match: Going beyond the three-way match

If you’ve ever worked in purchasing, you’re likely familiar with the three-way match, which verifies the price and unit numbers across invoices,...

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Finance AI

Training an AI platform: A product perspective

Traditional software development is fairly straightforward: The product team creates mock-ups and defines user flows, then engineering designs it and...

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Finance AI

Breaking the code: The women behind our AI

In the traditionally male-dominated engineering departments of Silicon Valley, AppZen’s R&D team is ahead of the curve. While only roughly 20% of...

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Finance AI

Dear CFOs: Your peers told us what kinds of AI they’re investing in, and how they value projects

As part of our customer discovery process, we conducted in-depth interviews with more than a dozen enterprise CFOs about the innovation projects...

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Finance AI

The future of AI: The jobs we want it to take

There’s a growing belief that artificial intelligence will take over the world one day. Although science fiction movies depict this as a real-life...

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Finance AI

Post-it notes, pet photos, and other silly “receipts” we’ve found

Imagine a scenario where you traveled for work and had an expensive dinner, but you lost your receipt. You want to get reimbursed for your meal, but...

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Finance AI

Dear CFOs: 3 reasons your peers use AI to audit spend

My team and I have spent a ton of time interviewing customers and digging into our sales data to understand better whom we serve and why finance...

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Finance AI

Out with the old, in with the new: How AI and automation are changing the financial close

It would be an understatement to say that businesses aren’t run the way they used to be.

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Finance AI

Back to school special: AppZen AI 101

The AppZen artificial intelligence platform uses a combination of deep learning, machine learning, and semantic modeling to comprise our artificial...

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Finance AI

What'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...

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Finance AI

Proactive 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...

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Finance AI

Why 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....

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