PYMNTS-MonitorEdge-May-2024

AppZen

AppZen’s Expense Audit Tech Attracts $50M Round
AppZen’s Expense Audit Tech Attracts $50M Round
September 10, 2019  |  B2B Payments

Expense management and reporting technology firm AppZen announced a $50 million fundraise Monday (Sept. 9) with plans to strengthen its artificial intelligence capabilities. AppZen secured...

READ MORE >
 AppZen On The State Of Spend Auditing
 AppZen On The State Of Spend Auditing
August 19, 2019  |  B2B Payments

Auditing expenses without the aid of technology is an inefficient endeavor — and errors or fraud can slip under the radar. AppZen found in recent...

READ MORE >
BEC Fraudsters Eye HR Departments As Prey      
BEC Fraudsters Eye HR Departments As Prey      
April 12, 2019  |  B2B Payments

Fraudsters are always evolving and now are training BEC scams to focus on HR and finance departments.  Separately ACH debit and ACH credit fraud are...

READ MORE >
AppZen Taps AI To Catch Invoice Payment, Contract Errors
AppZen Taps AI To Catch Invoice Payment, Contract Errors
March 28, 2019  |  B2B Payments

Automated expense report auditing company AppZen is introducing a new spend auditing platform to analyze supplier invoices using artificial intelligence (AI). Reports in HR Technologist...

READ MORE >
Ghosts Of Payments Fraud Past: Enron CEO Skilling Freed From Custody
Ghosts Of Payments Fraud Past: Enron CEO Skilling Freed From Custody
March 01, 2019  |  B2B Payments

Enron may be hazy in the minds of some, but former CEO Jeffrey Skilling's release from jail and federal custody shows that payments fraud is...

READ MORE >
Fraud? Maybe Not, But Some Questionable Expenses Indeed
Fraud? Maybe Not, But Some Questionable Expenses Indeed
December 21, 2018  |  B2B Payments

Watches for $8,000? Hotel rooms for garlic? Certify offers some of the more questionable attempts at expense reimbursements, which also spotlight how firms can track expense...

READ MORE >
Study: 30 Pct Of Prof Svc Firms’ Expense Reports Flagged
Study: 30 Pct Of Prof Svc Firms’ Expense Reports Flagged
December 14, 2018  |  B2B Payments

A new study points toward which business verticals are more likely than others to see their expense reports flagged and rejected. Elsewhere, efforts to stop...

READ MORE >
AppZen Analyzes Trends In Flagged, Rejected Expense Reports
AppZen Analyzes Trends In Flagged, Rejected Expense Reports
December 11, 2018  |  B2B Payments

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...

READ MORE >
In Expense Fraud, Admitting There’s A Problem Is The First Step
In Expense Fraud, Admitting There’s A Problem Is The First Step
November 10, 2017  |  B2B Payments

For any organization with an attitude of, “It can’t happen to me,” here’s a wakeup call: Corporate fraud is common and on the rise. Earlier...

READ MORE >