An expense account sounds simple enough, but it actually means two different things in business. First, it’s the process that lets employees pay for work expenses and get reimbursed by their company.

For decades, employee expense reporting has followed a familiar path: employees submit reports, managers approve them and the accounting department performs a final review. This workflow made sense ...

It is the policy of Northwestern to reimburse faculty and staff for appropriate and approved travel, entertainment, courtesy and other expenditures. In order to obtain reimbursement for personal funds ...

The current tax law since 2017 has eliminated employee business expenses as an itemized deduction. But, if you own a business taxed as a C or S corporation, there is a way for the business to deduct ...

DHL is using Celonis' process intelligence platform combined with generative AI to automatically screen 100% of employee expense reports, catching fraud and errors while reducing manual audit workload ...

The same technology that streamlines corporate processes can now be exploited to fabricate realistic, AI-generated receipts, challenging long-held assumptions about how businesses verify employee ...

Managing employee expenses can be a headache for finance leaders. From tracking receipts to ensuring policy compliance, manual processes are time-consuming and prone to errors. Mismanaged expenses can ...

To be reimbursed for qualifying travel expenses, the appropriate expense report form(s) need to be completed. Employee expense reports are entered using NUFinancials, which you can reach from the ...

Managing business expenses used to mean shuffling paper receipts, chasing down employees for documentation, and discovering budget issues weeks after they occurred. But modern companies are ...