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About Josephine McCann

Josephine McCann is a Product Marketing Manager at AppZen, the leading AI-driven platform for modern finance teams. 

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The Accounts Payable process continues to require too much manual handling, even after decades of automation efforts. Even the best invoice automation efforts range from 70-90% data extraction accuracy, which leaves overstretched AP teams with a lot of manual data entry. Why is this the case? There are a few limitations of invoice ingestion technology […]

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What prevention methods does your company have in place to prevent duplicate spend? Most modern invoice automation systems can look out for two invoices with the same invoice number, or the same amount, and stop a payment that appears to be a duplicate. But this doesn’t find typos in invoice numbers, duplicates across expense and […]

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Employees who are unfamiliar with your company T&E policy may accidentally submit an out-of-policy expense occasionally. While there are certainly honest mistakes from time to time, some employees can get pretty creative with their expense reports.  Below are eight real expenses flagged by AppZen:  Lunch with oligarchs Lunch with foreign officials is a big no-no […]

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Invoicing and payments fraud can take a variety of forms: invoices from fictitious companies, invoices for products that were never delivered, for unusually high amounts, or as part of a phishing scheme. As your business grows and your vendor list gets larger, how do you stay on top of the validity of each invoice? Below […]

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According to new data published from leading automated expense report audits AI software AppZen’s Audit Insights platform, organizations in the professional services industry (including lawyers, financial advisers, engineers, architects, accountants, and other disciplines requiring an advanced degree or specialized certification) have the highest percentages of expensed dollars rejected prior to reimbursement. Below is a table showing which […]

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