Topic: expense management
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SAP Concur & Amex GBT Forge New Business Travel Alliance
SAP Concur and American Express Global Business Travel have formed a strategic alliance to launch Complete, a unified platform integrating AI for streamlined corporate travel and expense management. The collaboration combines both companies' technologies and data to offer enhanced marketplace acc...
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AI-Generated Images Fuel Fake Expense Report Fraud
The rise of advanced AI image-generation tools has made it alarmingly easy for employees to create convincing fake expense receipts, posing a significant challenge for finance departments and expense management platforms. Industry data shows a sharp increase in AI-generated fraudulent receipts, w...
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2025 Business Travel Boom Demands Tighter Expense Control
Australian business travel surged in early 2025, with outbound volumes rising 12.4% year-on-year, indicating a strong return to global engagement. The United States is the top destination for Australian business travelers, followed by Singapore and India, reflecting key commercial ties and divers...
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Navan IPO Plunges 20% After SEC Shutdown Workaround
Navan's stock fell 20% on its Nasdaq debut, closing below its $25 IPO price and reducing its market valuation to about $4.7 billion, despite being the first company to use a new SEC provision for public listings during a government shutdown. The company utilized an alternative SEC pathway that al...
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