What are expense receipts and how should I track them? Manually tracking expense receipts shouldn't feel like a second job, but for most finance teams, that's what it can turn into. According to the ...

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 ...

Historically, expense software has been built with three goals in mind: prevent overspending, enforce policy compliance, and store the necessary data for regulatory, accounting and tax reasons. That’s ...

Data from leading expense management software provider Rydoo has revealed that on average companies are overpaying on employee expenses by between 5 and 14%. The data compiled from more than 10 ...

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 ...

Seb Vanhecke, Chief Product Officer of European fintech Rydoo, has commented on on the rise in employee expense fraud due to AI-generated fake receipts and the end of the fiscal year causing finance ...

The Financial Accounting Standards Board (FASB) has released a proposed Accounting Standards Update (ASU), designed to improve the clarity of expense information for public business entities. FASB ...

Multiplying media reports and social-platform posts note the increased use of phony AI-generated restaurant, hotel, and transportation bills by less than upright employees, who ask their companies to ...

Photo Credit: Travelers who combine business and leisure have become a powerful market in the travel industry. Pexels / RDNE Stock project The growth of blended travel is undeniable, and accounting ...