K2's Controlling and Streamlining Expense Reporting (2 Hours)

K2's Controlling and Streamlining Expense Reporting (2 Hours)

  • $79.00


Course Description

Managing and auditing employee spending on personal and corporate credit cards is a challenge in every organization.  Legacy manual expense reporting preparation and approval processes are tedious and repetitive and are an excellent place to start your company’s use of business process automation solutions.  This session will cover a variety of expense workflow tools which use technologies and features like bank feeds, mobile receipt capture, OCR data extraction/filling, automated policy enforcement, and artificial intelligence-based validation to automate and eliminate the tedium.  Attend this session and learn how to use automation and cure the expense reporting blues for you and your employees.

Major Topics Covered

  • Discussion and demonstration of leading expense report automation tools and techniques
  • Identification of risky expense areas which may justify more scrutiny
  • Review top tools to streamline and automate your entire expense reporting process

Learning Objectives

Upon completing this course, you should be able to:

  • Choose from a list of responses those which explain how bank feeds are different from data extraction/OCR applications, and select from a list at least two expense reporting tools which offer both OCR data extraction and mobile receipt capture
  • Select from a list at least two types of employee expenses which are identified as very risky by the course
  • Identify from a list at least two comprehensive expense reporting solutions which were discussed in detail during the course
  • Explain how artificial intelligence can be used to identify unusual items in expense reports

      Course Information

      • CPD credit: 2 hours Accounting & Auditing
      • Prerequisites: None
      • Program level: Basic
      • Advance preparation: None
      • Who should participate: Accounting professionals, auditors, and managers who are responsible for preparing, auditing, or managing your organization’s employee spending and expense reporting