AI – For Finance Professionals It’s The Natural Way Forward
Artificial Intelligence has caught the attention and imagination of the world. It will transform the way we do many things, not least in finance. Yet …
The Five Most Common Accounts Payable Mistakes
Many businesses with ERP systems and AP automation platforms falsely believe they will prevent cash leakage. But duplicate entries, overpayments, and …
Accounts Payables Insights in 2021: A 4th Quarter Review
This time last year we talked about the significant shift in the world of Accounts Payable, as the department moves from a processing department to …
The Value of Identifying the Repeat Offender
Here’s an interesting fact from the Oversight T&E vault:
The Important Shift to Strategic Accounts Payable
A significant shift is underway in the world of Accounts Payable, as the department moves from a processing department to an essential financial …
Managing Blacklisted Vendor Risks with AI
In 2019, the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC), which administers and enforces U.S. economic and trade sanctions, …
Tax Reform to Bring Big Changes for Business and Employee Expenses in 2019
With the Tax Day deadline just a week away, you can’t escape the buzz of people either celebrating or lamenting their tax returns. It seems you’re …
How AI and Reason Codes Can Save Your Company Money
The world of corporate finance is rife with the potential risk for fraud, erroneous payments, and a whole slew of employee behaviors that add up over …
The Biggest Challenges to Implementing AI and a Robo-Auditing System
If you’re a CFO looking to improve your company’s processes and save money by implementing a robo-auditor, you might be wondering where to start.
3 Processes You Can Transform with Finance Process Automation
The key to making finance process automation successful at your company is not just the analytics but what actions you take based on that analysis. …
What Muscle Cars Can Teach CFOs about Less Restrictive Controls
One common obstacle that stops CFOs from implementing a robo-auditing system in their company is a lack of awareness surrounding the benefits of such …
The 4 Types of AI That All CFOs Need to Know About
If you’re a CFO, you’re probably familiar with the concept of using a financial auditing system that incorporates artificial intelligence, …
5 Reasons Why Human Auditors Can’t Compete with Robo-Auditors
Artificial intelligence is slowly taking over roles once reserved for humans. AI can now diagnose pneumonia more accurately than radiologists. In 20 …
How Companies Can Avoid Falling Prey to T&E and P-Card Fraud
A once prominent physician fraudulently charges the same trip to Japan to three different employers, including two universities and a private firm. …
Why 2018 will be the Year of Artificial Intelligence
I first learned about artificial intelligence (AI) sitting in a computer science class at University of California, Berkeley. I was immediately …
To Fight T&E Fraud and Waste, Focus on Repeat Offenders
When he’s on the road, Joe frequents gentlemen’s clubs on the company dime. Before she leaves on a business trip, Melissa boards her dog and later …