Accounting Today

JULY 11, 2025

Soft policy exceptions should be routed for manager review as part of an audit, not in the accounting workflow. Accounting validation : Some companies expect managers to verify the accounting accuracy of their employees entries, such as checking whether the right expense type or project code was used.

Technology 45

Technology audit auditor Expense Management 45

Airbase

NOVEMBER 1, 2023

In a tumultuous economy, effective expense management is more important than ever. Effective expense management is often challenging due to the complexity and diversity of employee spending. Table of contents What is expense management? What is expense management? 2) Expense policy development.

Expense Management 130

Expense Management Technology NetSuite Spend Management 130

Airbase

NOVEMBER 1, 2023

In a tumultuous economy, effective expense management is more important than ever. Effective expense management is often challenging due to the complexity and diversity of employee spending. Table of contents What is expense management? What is expense management? 2) Expense policy development.

Expense Management 130

Expense Management Technology NetSuite Approval Workflows 130

Airbase

NOVEMBER 1, 2023

What if you could offload expense reporting — make the process faster, accurate, and compliant with your company’s policies without having to ask or look anything up? Creating that touchless user experience was our goal for Airbase’s Expense Management module. AI and audit readiness. Explore tour AI and audit readiness.

Expense Management 130

Expense Management AP Automation Technology audit 130

PYMNTS

NOVEMBER 1, 2020

Corporate travel and expense management solution provider Serko has launched its Zeno Expense tool in North America, giving customers a new option for B2B travel management, a press release on the company website stated, alongside the company's Zeno Travel tool that was already available.

Expense Management 67

Expense Management B2B Spend Management audit 67

PYMNTS

DECEMBER 3, 2018

It’s certainly the case for expense management, said Karim Jouini, CEO of France-based Expensya. Indeed, one of the biggest mistakes a company can make in its expense management strategy is “underestimating the importance of these three success factors in a process: data, data, data,” he said.

Expense Management 57

Expense Management Technology accounting and finance audit 57

PYMNTS

OCTOBER 30, 2019

This could also result in delays for customers and negatively impact a company’s bottom line, which is why new expense management solutions are emerging at a rapid pace. Similarly, the SaaS-based expense management market will register a CAGR of 8 percent between 2018 to 2025, with the global market size reaching $43.5

Expense Management 41

Expense Management Technology audit Spend Management Solutions 41

CPA Practice

MAY 19, 2023

Automated Data Entry and Expense Management Automation tools like Dext Prepare , Expensify , Zoho Expense , and Hubdoc leverage optical character recognition (OCR) technology to streamline data entry and expense management.

Technology 130

Technology accounting firms payroll audit 130

PYMNTS

JANUARY 26, 2021

Managing spend for organizations typically comes with a lot of paper, manual processes and headaches. Usually, the auditing workflow involves looking at expense reports filed by employees, with a focus on identifying potentially erroneous or even fraudulent transactions. The Value Of Automated Analytics.

audit 75

audit Technology Spend Management accounts payable 75

CPA Practice

SEPTEMBER 27, 2023

Data and insights from CAS—such as accounts payable, spend and expense management, and accounts receivable—are crucial for forecasting, identifying trends, and more. In addition, 61% of survey respondents offering CAS, accounts payable, and expense management say they could not offer the services they currently do without automation.

Technology 122

Technology accounting firms Gaming accounts payable 122

Xero

AUGUST 29, 2023

To strike the right balance for your organisation there are a handful of items you should consider when designing your expense management policy. Considerations for Collecting Receipts Almost all expenses start with or include a receipt for the purchase.

Approval Workflows 98

Approval Workflows general ledger Expense Management audit 98

Airbase

NOVEMBER 15, 2023

Expense Management. Take the pain out of expense management with easier reporting, faster reimbursements, and quick approvals. Our comprehensive expense management module includes: Expense reports. Streamline expense reporting with automated expense report creation powered by OCR and generative AI.

NetSuite 130

NetSuite AP Automation Expense Management Spend Management 130

CPA Practice

MARCH 21, 2024

AI is only as good as the quality and breadth of the data it draws upon, and SAP Concur is the global market leader in travel and expense solutions, with more than 92 million end users booking travel and/or processing expenses.

Expense Management 52

Expense Management Technology accounting and finance Spend Management 52

PYMNTS

JUNE 24, 2016

“By eliminating the paperwork trail, InternationalXpense facilitates tax recovery and meets audit requirements, ultimately freeing up finance teams to focus on value-added activities,” said TMF Group in its announcement. Earlier this year, TMF Group launched another solution with similar goals of reducing the burden of paper.

Expense Management 40

Expense Management Technology audit Finance 40

CPA Practice

OCTOBER 23, 2023

Spend & expense management solutions increase visibility into cash-flow, providing real-time data and identifying potential roadblocks before they happen. Audits can be a stressful and fast-paced situation, but clean and well-organized books can make the process a little smoother.

Technology 115

Technology audit Expense Management Control Spend 115

CPA Practice

AUGUST 26, 2024

Chief among the uses for automation in accounting are functions like accounts payable, accounts receivable, and spend & expense management. It can also simplify vendor management and purchase order matching, which significantly reduces manual data entry and expedites the entire payables process.

Technology 115

Technology Account accountant accounted 115

PYMNTS

SEPTEMBER 10, 2019

Expense management and reporting technology firm AppZen announced a $50 million fundraise Monday (Sept. AppZen secured the Series C funding from hedge fund firm Coatue Management, with Redpoint Ventures and Lightspeed Venture Partners also participating in the funding round, VentureBeat reported.

audit 43

audit Technology Expense Management accounts payable 43

CPA Practice

NOVEMBER 6, 2023

In fact, nearly half (45%) of businesses identify opportunities for AI to enhance processes like payments, expense management, and analytics, according to IDC. Moreover, almost 62% of finance leaders agree that AI is crucial for managing unforeseen challenges. For instance, consider the expense audit process.

Technology 121

Technology accounting and finance audit Finance 121

PYMNTS

SEPTEMBER 16, 2020

Cloud enterprise resource planning (ERP) company Acumatica has rolled out its Acumatica Advanced Expense Management and Electronic Bank Feeds for its Acumatica Cloud ERP solution, which will increase automation and electronic banking, according to a press release.

Spend Management Tools 76

Spend Management Tools Spend Management Technology Expense Management 76

Cherry Bekaert

MAY 7, 2024

Accurate Accounting of Employee Expenses: Integrated expense management: Sage Intacct seamlessly integrated with the Company’s expense management system, ensuring accurate and timely recording of employee expenses Policy compliance: The system helped enforce expense policies, reducing the risk of non-compliance and improving financial accuracy 4.

Accounts Payable Automation 92

Accounts Payable Automation accounts payable quickbooks Construction 92

SMBAccountant

MAY 17, 2024

Skimping here can lead to exponentially higher costs in the future trying to fix things or get ready for proper audits. Budgeting helps with financial planning, expense management, cashflow management, goal setting, and identifying plausible opportunities and associated risks.

accounting software 130

accounting software Legal financial statements tax return 130

CPA Practice

APRIL 15, 2024

Managing expectations and incremental implementation As we know, AI is a broad term encompassing various components, and in relevance to accounting, it includes cognitive and machine learning, as demonstrated by expense management solutions, financial data analytics tools, credit risk assessment software, and more.

CPA 122

CPA Technology accounting and finance cpas 122

CPA Practice

AUGUST 22, 2023

ASC 606 Assurance & Audit Most revenue accounting teams struggle to get sufficient ASC 606 review coverage on their customer contract population. Some specific use cases include: Expense Management: Generative AI can automate how teams extract and categorize expense data from receipts and invoices.

Account 98

Account accountant accounted NetSuite 98

TaxConnex

OCTOBER 20, 2020

Failure to put the deductions on the correct line likely won’t result in an assessment or penalty, but it could raise questions under audit. Missing a filing can be very expensive. Managing your tax calendar is a very important piece of the compliance process. Don't miss a due date.

tax return 113

tax return Sales Tax Expense Management 113

PYMNTS

JUNE 14, 2017

Worse, researchers found many companies are using manual processes to audit hotel prices and to use those negotiated rates, making it more difficult for a business to identify when it’s losing out on savings. But that auditing is infrequent, with just 3 percent reporting that they audit this information every week.

audit 43

audit Technology Travel Expense Management Expense Management 43

PYMNTS

NOVEMBER 3, 2017

It was a busy time for B2B venture capital this week, and while funding ranged across verticals from expense management to SaaS, there was a clear theme in investment rounds: high-tech data analytics. Expense Management.

Technology 75

Technology B2B Expense Management California 75

Airbase

NOVEMBER 2, 2023

They’re an efficient solution for any business looking to streamline their expense management and procurement processes. Virtual cards also create an automatic audit trail. Because card expenses flow directly into the GL, you have a clear and accurate insight into your business’s financial health at any time.

accounts payable 130

accounts payable Account accountant accounted 130

PYMNTS

DECEMBER 1, 2016

For tax and auditing purposes, using transaction data provides a more accurate data trail of where an employee is and where he or she is spending corporate funds. It’s also opened doors to new business ventures, like expense management and helping its corporate clients identify potential payment fraud.

B2B 58

B2B Expense Management audit Tax 58

PYMNTS

OCTOBER 15, 2018

These needs are filled by companies like mobile travel-and-expense (T&E) reporting solutions provider Rydoo , which recently integrated the Uber for Business platform into its expense management service. Others, like AppZen , are still exploring the use of artificial intelligence (AI) for features like real-time audits.

Spend Management 58

Spend Management Expense Management Entertainment audit 58

PYMNTS

DECEMBER 11, 2018

A new survey from AppZen finds employees in the professional services industry, including accountants, financial advisors and lawyers, more frequently have their submitted expense reports rejected, reports in CPA Practice Advisor said Monday (Dec.

Expense Management 56

Expense Management audit accounting and finance CPA 56

PYMNTS

APRIL 15, 2019

Now, Mastercard said, it is providing mid- and large-sized operations with an easier way to understand and manage expenses. Users will see a detailed overview of each item, like description, price and tax info, which will help companies track expenses and streamline auditing of expense reports.

B2B 70

B2B Expense Management audit Tax 70

Accounting Insight

FEBRUARY 16, 2023

In most cases, finance teams will also need help to trace the expenses back to specific purchases or vendors, which is particularly difficult when employees submit multiple expense reports per month or pay period. Why use a spend management solution like Payhawk instead? Ready to hear more?

payroll 59

payroll Spend Management Solutions Expense Management accounting and finance 59

PYMNTS

SEPTEMBER 14, 2017

One exception may be in the T&E space, in which FinTechs are introducing ways for employees to make B2B payments and integrate transaction data into expense management systems, a reflection of the mobile nature of the traveling employee. The enterprise has been a bit skeptical about mobile payments. It’s already moved that way.”.

B2B 55

B2B Expense Management Maine Legal 55

PYMNTS

NOVEMBER 2, 2018

The second-largest funding round of the week goes to AppZen, a company supporting corporates’ expense management needs and working to reduce employee expense fraud. Further, Shape Security said it will be enhancing its product development initiatives, with plans to launch new products at a future date.

B2B 75

B2B Expense Management Legal Finance 75

CPA Practice

FEBRUARY 23, 2024

By automating standard accounting processes like data entry and recording, invoice processing and expense management, employers free their staff for more exciting work, reduce taxing workloads and even help to educate aspiring exam takers. AI and a cloud-based environment also make CPA work more attractive by providing flexibility.

Technology 75

Technology cpas CPA public accounting 75

Accounting Insight

FEBRUARY 2, 2023

The power of automation is changing the way we work, and expense management is no exception. This story might sound familiar if you haven’t yet adopted a spend management solution that includes Visa corporate cards and expense management software. But how can companies achieve this?

Technology 52

Technology Spend Management Solutions Expense Management accounting and finance 52

Basis 365

AUGUST 21, 2024

This not only enforces SoD but also provides a clear audit trail for every transaction. ApprovalMax Granularity ApprovalMax PO Matching Expense Management: Another common payment method is the company credit card. Utilize BILL Spend & Expense to manage credit card purchases and other expenses.

accounts payable 59

accounts payable audit Approval Workflows bookkeeping 59