#finance-operations
#finance-operations

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6m in expense claims reveal hidden strain on UK finance teams - London Business News | Londonlovesbusiness.com

Finance teams spend excessive time chasing receipts rather than strategic work, with only 2.6% of expense claims approved immediately and 27% taking over a month.

Artificial intelligence

fromLondon Business News | Londonlovesbusiness.com

1 month ago

The AI-led "Tug-Of War" within finance - London Business News | Londonlovesbusiness.com

Generative AI enables rapid creation of convincing fake receipts, dramatically increasing expense fraud risk and requiring stronger detection, controls, and expense-management processes.

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#finance-operations#finance-operations

6m in expense claims reveal hidden strain on UK finance teams - London Business News | Londonlovesbusiness.com

The AI-led "Tug-Of War" within finance - London Business News | Londonlovesbusiness.com

#finance-operations
#finance-operations