The Gulf Coast Business Review, recently published this article, http://bit.ly/zubkNY, where it surveyed CFOs nationwide to discover some of the most outrageous purchases charged to corporate expense accounts.
With expense management automation, many of these complications can be avoided. At a company such as ExpenseAnywhere, corporate policies can be easily integrated into the expense management system, where out-of-policy charges are immediately flagged and then sent to approvers for further review. Thus expense management automation can reduce corporate fraud associated with expense spending.
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