Citi and Navan have launched a new travel and expense system for Citi Commercial Bank (CCB) cardholders, the companies said Thursday (Oct. 19). This collaboration combines Navan’s all-in-one solution with Citi’s leading commercial card solutions, utilizing Navan Connect’s card-link technology. The system aims to provide...
JPMorgan Chase has been using artificial intelligence (AI) and machine learning to process expense reports and check them for compliance, according to Bloomberg. Lori Beer, JPMorgan’s global chief information officer, said that the move has helped with efficiency. “We basically have eliminated manager approvals,” Beer...
Auditing expenses without the aid of technology is an inefficient endeavor — and errors or fraud can slip under the radar. AppZen found in recent research that most enterprises doing manual audits examine only 10 percent of their spending. Companies that use AI can audit 100...
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 nothing new. In Florida, scams using corporate cards cause waves in Port Everglades.
February 05, 2019
The workforce skews tech-savvy, younger ... and remote. The way we pay and get paid is ever-more intuitive, cued by Uber. So it is — or should be — with corporate expense management, says PEX Founder and CEO Toffer Grant. Embedding payments into workflows via “implied approval” can save money, and grant the greatest gift of all to companies and workers: time.
June 13, 2018
It takes money to make money, but spending money in pursuit of that mission is often a mismanaged ordeal — that’s especially true in field-based services. Corporate spend solution providers...
March 05, 2024
Fyle has launched a conversational artificial intelligence (AI) platform that helps employees submit expense receipts and related details via text message. This solution is designed to eliminate the need for traditional apps as well as the need for employees to have to learn how to use those apps, the expense management platform said in a Tuesday […]
October 19, 2023
Citi and Navan have launched a new travel and expense system for Citi Commercial Bank (CCB) cardholders, the companies said Thursday (Oct. 19). This collaboration combines Navan’s all-in-one solution with...
December 12, 2019
JPMorgan Chase has been using artificial intelligence (AI) and machine learning to process expense reports and check them for compliance, according to Bloomberg. Lori Beer, JPMorgan’s global chief information officer,...
