Hi [[ session.user.profile.firstName ]]

How Employees Fudge Their Expense Reports and How AI Can Stop It

Common examples of how employees look to take advantage of companies on their expense reports. Joined by the AI experts at Cognilytica.
Recorded May 22 2018 33 mins
Your place is confirmed,
we'll send you email reminders
Presented by
With Kathleen Walch and Ron Schmelzer, Managing Partners / Principal Analysts at Cognilytica
Presentation preview: How Employees Fudge Their Expense Reports and How AI Can Stop It

Network with like-minded attendees

  • [[ session.user.profile.displayName ]]
    Add a photo
    • [[ session.user.profile.displayName ]]
    • [[ session.user.profile.jobTitle ]]
    • [[ session.user.profile.companyName ]]
    • [[ userProfileTemplateHelper.getLocation(session.user.profile) ]]
  • [[ card.displayName ]]
    • [[ card.displayName ]]
    • [[ card.jobTitle ]]
    • [[ card.companyName ]]
    • [[ userProfileTemplateHelper.getLocation(card) ]]
  • Channel
  • Channel profile
  • Business continuity in Finance: Getting it right, once and for all Recorded: May 5 2020 45 mins
    Charlie Warne, Senior Solutions Consultant EMEA, AppZen
    Learn how you can help your business now, prepare for a future back at work, and strengthen your processes against recurring business continuity challenges.

    In this webinar we’ll introduce you to using the power of AI in spend audit to enable you to run your finance function smoothly from the comfort of your own sofa, your home office or your kitchen table. We’ll help you to understand the opportunity to put tools in place that make your accounts payable and expenses process run in a much more streamlined way, helping you to cut costs and keep cash in the business, now and in the future.

    In this webinar we’ll cover

    •Business continuity problems that have emerged for the finance function

    •How the unusual demands of the current situation have led businesses to make unforeseen (and possibly ill advised) changes to accounting processes

    •Using AI powered spend audit to help with your current challenges

    •How the world of expense claims has changed since lockdown began

    •Changes that CFOs could make now that will also bring benefits when the business returns to work

    •Positive cost transformation outcomes that could be within your grasp
  • Live Demo: Reach 100% audit coverage with AppZen Recorded: Mar 25 2020 34 mins
    Angie Rodriguez
    Angie Rodriguez, Solutions Consultant, AppZen, gives a high-level overview of how AppZen audits every dollar of company spend and showcases the capabilities and key features of the Expense Audit Platform.

    Attend this webinar to learn how to:
    - Reach 100% audit spend
    - Proactively enforce policy
    - Get employees paid faster
  • Reverse the Curse of Non-Compliant Spend Recorded: Mar 11 2020 30 mins
    Ryan Birdsall
    Making sure your business expenses comply with policy, negotiated contracts, and spend regulations is no small feat. It’s hard to get people to read the T&E policy, much less follow it.

    And regulatory compliance? If you’re auditing only a fraction of your expenses and invoices, how the heck do you keep your company out of hot water and off of the front page of the newspaper?

    Join Ryan Birdsall, Customer Success Manager, AppZen, as he discusses how to enforce compliance and stay out of regulatory hot water.
  • 5 Tips for Reducing T&E Leakage with AI Recorded: Feb 26 2020 24 mins
    Join Ryan Birdsall, Customer Success Manager, AppZen
    Auditing expense reports requires auditors to closely examine each expense to verify if the correct receipts are attached, and make sure the receipt matches the information input by the employee.

    This may sound daunting, but this process is essential for catching potential mistakes – or worse, fraud within travel and entertainment (T&E) spend.

    Join Ryan Birdsall, Customer Success Manager, AppZen, as he discusses how to make sure that your auditors focus their attention on the most important items.

    AppZen’s AI alleviates the burden auditors endure when tasked with reviewing and verifying receipts attached to an expense report by catching any mistakes, out-of-policy spend, and more.
  • Live demo: Audit every dollar of AP spend with AI Recorded: Feb 5 2020 35 mins
    Angie Rodriguez
    Angie Rodriguez, Solution Consultant, AppZen, gives a high-level overview of how AppZen audits every dollar of AP spend and showcases the capabilities and key features of the AP Audit Platform.

    Attend this webinar to learn how to
    -Prevent duplicate charges
    -Enforce payment terms
    -Ensure compliance
  • 4 limitations of the three-way match you need to consider Recorded: Jan 22 2020 27 mins
    Ryan Birdsall
    The three-way match, which cross-references invoices, purchase orders, and receiving documents before issuing payments, has been considered the industry-standard procedure in accounts payable departments for years—until now.

    As businesses become more sophisticated, there are far more data points to confirm the validity of an invoice. Does it include all early payment discounts? Are the payment terms (net 30, net 60) enforced?

    Unfortunately, many accounts payable departments don’t have the time or resources to manually check these items and are unknowingly being overcharged for services that they didn’t receive, or products that aren’t for the negotiated rates or terms.

    Join Ryan Birdsall, Customer Success Manager, AppZen, as he discusses why Star Match brings far greater precision to the spend approval process than you’ve had in the past.
  • Eliminate errors and waste in AP spend with AI Recorded: Jan 8 2020 28 mins
    Pippa Spencer
    Even if you have a tight accounts payable process with a best-in-class invoice automation system, it’s impossible to catch all of the errors, waste, and fraud in your business spend.

    Join Pippa Spencer, Lead Implementation Success Manager at AppZen, as she explains how AI-powered AP audit helps you to
    - Reduce spend
    - Streamline process
    - Stay compliant
  • Six ”little frauds” that could get you in trouble with the SEC Recorded: Dec 18 2019 19 mins
    Andy Chiang
    According to the Association of Certified Fraud Examiners’ 2018 Report to the Nations, expense reimbursement fraud accounts for 21 percent of fraud in small businesses (those with less than 100 employees), and 11 percent in large businesses (those with 100 or more employees).

    Join Andy Chiang, Head of Product at AppZen, as he discusses why expense reimbursement fraud indicates a much larger problem. If someone is willing to perpetrate one scheme, they are often willing to perpetrate others.
  • Toss your rubber stamp and revamp your expense process with AI-powered analytics Recorded: Dec 4 2019 26 mins
    Cauvery Mallangada
    Hate expense reports? You’re not alone.

    Finance teams, inundated by thousands of expenses each month, can only audit a small percentage. They often fall behind schedule and worry about fraudulent expenses falling through the cracks.

    In an attempt to minimize leakage, many companies require managers to approve every expense before it’s paid — although managers usually just rubber-stamp them (wasting everyone’s time). Or, the process is so held up by manager approval that employees don’t get paid back for weeks. This puts employees in a tight spot, inevitably leading to frustration and resentment among the team.

    Join Cauvery Mallangada, Customer Success Manager, AppZen, as she explains how AI can help.
  • Live Demo: Reach 100% audit coverage with AppZen Recorded: Nov 13 2019 56 mins
    Travis Andrade
    Travis Andrade, Sr. Product Marketing Manager, AppZen, gives a high-level overview of how AppZen audits every dollar of company spend and showcases the capabilities and key features of the Expense Audit Platform.

    Attend this webinar to learn how to
    -Reach 100% audit spend
    -Proactively enforce policy
    -Get employees paid faster
  • Identify Contract Gaps with AI Recorded: Oct 16 2019 37 mins
    David Wishinsky, Sr. Product Marketing Manager, AppZen
    How often do you review your signed business contracts? If you’re a procurement professional, it’s likely the last time you looked was when you negotiated it.

    Join David Wishinsky, Sr. Product Marketing Manager at AppZen, as he discusses how to protect your business from any liability by ensuring that suppliers and contractors are continuously monitored for potential risk.

    Attend this webinar to learn how AI can help you to:
    - Reduce spend by proactively finding invoice errors and fraud
    - Comply with regulations
    - Stay ahead of auto-renewals and discount opportunities
  • 6 Surprises Found in Your Invoices by AI Auditing Recorded: Sep 19 2019 27 mins
    Charlie Warne, Ann Jenkins
    Accounts payable departments at large enterprises pay thousands of invoices each month. With such a large volume of invoices, companies leave themselves at risk for overpayment and potential invoice fraud.

    As your business grows and your vendor list gets larger, how do you stay on top of the validity of each invoice?

    Join Ann Jenkins, Account Manager, XoomWorks, and Charlie Warne, Sr. Solutions Consultant at AppZen, as they discuss how auditing invoices with AI helps you to
    - Protect your business from liability
    - Avoid PR nightmares
    - Stay Compliant
  • Artificial Intelligence 101: How to Improve Expense Audit with AI Recorded: Sep 16 2019 28 mins
    Stephanie Long
    Learn how to harness the power of AI to reduce risk and waste in your travel and expense program
  • Power your AP audit with AI Recorded: Sep 4 2019 26 mins
    Pippa Spencer
    In a typical enterprise, as much as five percent of operating expense is duplicate expense claims, human errors, overpaid invoices, expense invoice crossover, and even fraudulent supplier payments.

    Join Pippa Spencer, Implementation Success manager at AppZen, as she explains how AI-powered AP audit helps you to
    - Reduce spend
    - Streamline process
    - Stay compliant
  • Double Dipping or Honest Mistake? Detect Duplicate Expenses Before Payment Recorded: Jul 17 2019 21 mins
    Tonya Espinoza
    Most companies allow their employees to submit travel expenses within 90 to 180 days of the purchase. This is great for employees, however, it leaves the company at risk of reimbursing the same expense twice.

    Join Tonya Espinoza, Implementation Success Manager at AppZen, as she discusses how AppZen’s AI-powered Expense Audit helps you to detect duplicate receipts prior to reimbursement.

    Although AI can’t determine if duplicate submissions are careless mistakes or for personal gain, AppZen will help auditors uncover any expense report that appears to be a duplicate to ensure your company never pays the same expense twice.
  • 6 Surprises Found in Your Invoices by AI Auditing Recorded: Jul 3 2019 29 mins
    Charlie Warne
    Accounts payable departments at large enterprises pay thousands of invoices each month. With such a large volume of invoices, companies leave themselves at risk for overpayment and potential invoice fraud.

    As your business grows and your vendor list gets larger, how do you stay on top of the validity of each invoice?

    Join Charlie Warne, Sr. Solutions Consultant at AppZen, as he explains how auditing invoices with AI helps you to
    - Protect your business from liability
    - Avoid PR nightmares
    - Stay compliant
  • Take Control of Your Travel & Expense Spend with AI and AppZen Recorded: Jun 19 2019 40 mins
    Travis Andrade, Sr. Product Marketing Manager, AppZen
    Travis Andrade, Sr. Product Marketing Manager at AppZen, gives a high-level overview of how AppZen audits every dollar of company spend with AI and showcases the capabilities and key features of our Expense Audit Platform.

    Attend this webinar to learn how to
    -Reach 100% audit spend
    -Proactively enforce policy
    -Get employees paid faster
  • Invoice Audit with AI: 15 1/2 Real World Use Cases Recorded: Jun 5 2019 43 mins
    David Wishinsky, Sr. Product Marketing Manager, AppZen
    Invoicing and payments problems can take a variety of forms: fraudulent invoices, invoices that don't represent negotiated terms, or just plain duplicates.

    As your business grows and your vendor list gets larger, how do you stay on top of the validity of each invoice?

    Join David Wishinsky, Sr. Product Marketing Manager at AppZen, as he reveals 15 critical invoice audit and contract compliance use cases that AI makes possible.

    Register to learn how AI can help you to
    - Reduce spend by proactively finding invoice errors and fraud
    - Comply with regulations
    - Stay ahead of auto-renewals and early discount opportunities
  • Why You Should Use AI to Ditch These 5 Outdated Expense Policies Recorded: May 22 2019 33 mins
    Cauvery Mallangada, Customer Success Manager, AppZen
    From our experience implementing our AI-powered expense audit solution for over 1,000 companies, we’ve identified expense policies your company should seriously consider revisiting.

    Cauvery Mallangada, Customer Success Manager at AppZen, will discuss

    • How to re-think T&E policy
    • Create a healthy expense culture
    • How AppZen can help
  • Live Demo: AppZen - AI Powered Expense Audit Platform Recorded: May 8 2019 47 mins
    Chris Hester
    Chris Hester, Solutions Architect at AppZen, gives a high-level overview of how AppZen audits every dollar of company spend and showcases the capabilities and key features of our Expense Audit Platform.

    Attend this webinar to learn how to
    -Reach 100% audit spend
    -Proactively enforce policy
    -Get employees paid faster
Voices from the forefront of AI
Listen to some of the best and brightest minds in fintech discuss AI and corporate finance.

Embed in website or blog

Successfully added emails: 0
Remove all
  • Title: How Employees Fudge Their Expense Reports and How AI Can Stop It
  • Live at: May 22 2018 5:00 pm
  • Presented by: With Kathleen Walch and Ron Schmelzer, Managing Partners / Principal Analysts at Cognilytica
  • From:
Your email has been sent.
or close