Autonomous AP
Using AI to inform expense insights for managers
In an ideal world, managers would never need to sift through expense reports or decipher complex dashboards to understand their business’s spending....
Read the ArticleModeling good behavior: The 3 AI models Expense Audit customers love most
Compliance and spend reduction are critical to the success of any organization. From the most junior auditor to the CFO, each member of the finance...
Read the ArticleUpskilling, genAI, and our customers take center stage
Our customers actively partner with us to push the boundaries of what AI can do. At AppZen on Tour in Chicago, we continued the tradition of...
Read the ArticleEverything 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...
Read the ArticleAre 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...
Read the ArticleThe 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...
Read the ArticleThink twice before submitting unauthorized expenses. Seniority and performance may not save you from being fired.
Our ongoing “Did you know?” series highlights the capabilities and benefits of AppZen and how you can take advantage of our solutions’ capabilities....
Read the ArticleWhen 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...
Read the ArticleManaging 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...
Read the ArticleStop employee corporate credit card fraud in its tracks
In this segment of our “Did You Know?” series, we explore how AppZen’s Expense Audit enforces corporate credit card compliance and stops employee...
Read the ArticlePersonal 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...
Read the ArticleCustom dashboards provide answers to your critical T&E challenges
In this edition of our “Did You Know?” series, we explore the custom dashboard capabilities of Expense Audit and how it helps you discover new...
Read the ArticleWorried 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...
Read the ArticleYour 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...
Read the ArticleThe 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...
Read the ArticleFrom 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...
Read the ArticleYou 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...
Read the Article3 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...
Read the ArticleWorld-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...
Read the Article3 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...
Read the ArticleAre 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...
Read the ArticleHow AppZen helps you stop duplicate spend
Our ongoing “Did you know” series highlights the capabilities and benefits of AppZen Expense Audit, bringing you deeper into what makes it tick and...
Read the ArticleFinance 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...
Read the ArticleVerifying restaurant receipts requires more than meets the eye
Our ongoing “Did you know?” series highlights the capabilities and benefits of AppZen Expense Audit, bringing you deeper into what makes it tick and...
Read the ArticleExpense Audit receipt verification lets you know what is on every receipt
Our ongoing “Did you know?” series highlights the capabilities and benefits of AppZen Expense Audit, bringing you deeper into what makes it tick and...
Read the ArticleOut-of-policy doesn’t have to mean out of the company’s pocket
Our ongoing “Did you know?” series highlights the capabilities and benefits of AppZen Expense Audit, bringing you deeper into what makes it tick and...
Read the ArticleAI 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...
Read the ArticleAppZen Launches Innovative AppStore
AppZen AppStore - Customized AI Apps For All Your Expense Needs AppZen has launched the first-ever Finance AI AppStore with apps that help customers...
Read the ArticleT&E | The Role of Habit in Expense Culture
Business travel is a series of habits In his bestselling book, “The Power of Habit”, Charles Duhigg explains how humans have evolved habits to save...
Read the ArticleIs Your Expense Management System Ready for Hybrid Workers?
T&E ramping back up We keep hearing about companies preparing to return to some sort of normalcy. As vaccine programs continue apace and...
Read the ArticleBusiness Travel Strikes Back - Is Your Expense Team Ready?
When it comes to the question of business travel, it’s clear a series of changes are on the horizon, and it’s time to prepare for action. Executives...
Read the ArticleNew T&E fees: Is your expense claim system ready?
As business travel resumes, added T&E fees are making a comeback. During the COVID-19 pandemic, airlines, hotels, and other travel-related services...
Read the ArticleJamie Dimon is fed up with Zoom calls | Finance Team Tools for Corporate Travel
Jamie Dimon, CEO of JPMorgan Chase, caused a stir last week when he said, “I’m about to cancel all my Zoom meetings. I’m done with it.”
Read the ArticleNo, 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 with the intention of...
Read the ArticleWhat's the ideal turnaround time for expense report reimbursement?
Philosophies on the timing of employee expense report reimbursements diverge.
Read the ArticleEmployee Expense Policy | Company Culture | The New Normal
A documented corporate expense policy should remove confusion about what employees should submit for reimbursement. In the context of the current...
Read the Article7 ways to automate your unique T&E policies with AI
No two corporate T&E policies are exactly alike. AppZen Expense Audit uses artificial intelligence (AI) to give enterprise finance teams the power to...
Read the ArticleExpensing 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 surrounding COVID-19 has...
Read the ArticleExpensing 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 how companies worldwide...
Read the ArticleNo one likes approving expense reports — Here are 4 ways AI can help
Hate expense reports? You’re not alone.
Read the ArticleShould You Approve Work Related Expenses Without Receipts? | Appzen
Anyone who has ever submitted an expense report after a business trip knows how stressful it can be to scramble to find receipts for everything –...
Read the ArticleWhat 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...
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 celebrations. As these...
Read the ArticleNew 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 long-term department goals...
Read the ArticleDouble 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. What should you do? Try...
Read the ArticleCatch alcohol, tobacco, flight upgrades, and more with AI
Company travel and entertainment (T&E) policies are becoming increasingly flexible. While we highly recommend offering some leeway in your expense...
Read the ArticleFrom 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, and make sure the receipt...
Read the ArticleThree 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 — and guess what, they usually...
Read the Article4 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 predictions, spending on...
Read the ArticleWhy visibility into expense reports is so important
The average enterprise processes thousands of expense reports each quarter — large companies may process thousands daily. At the majority of these...
Read the Article21 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 thoroughly-researched...
Read the ArticleReimburse 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 their employees. This is...
Read the ArticleAnalyzing 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 inefficient. A huge source of leakage...
Read the ArticleImprove 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 recognition, and company...
Read the ArticleDear 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 of them. But, by God,...
Read the ArticleThe 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...
Read the ArticleWhy 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. Several of the results were...
Read the ArticleNot 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 (including lawyers,...
Read the ArticleWhich 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...
Read the ArticleAppZen 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 our Expense Report Audit...
Read the ArticleThe 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...
Read the ArticleFind 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...
Read the ArticleAll 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...
Read the ArticleThe 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...
Read the ArticleHow 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...
Read the ArticleCorporate 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...
Read the ArticleWho'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...
Read the ArticleManager 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...
Read the ArticleThink 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...
Read the ArticleProactive 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...
Read the ArticleHow 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....
Read the ArticleIs your expense report audit effective?
Why do you need an effective expense report audit process?
Read the Article