Discover what avoidable costs are, how they benefit businesses, and real-world examples of strategies to minimize expenses and boost financial flexibility.

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 ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert. She ...

Despite innovations in automating expense reporting processes, filing expense reports remains among the major pain points across the business travel industry. A survey of 359 frequent business ...

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 ...