Mastermind Analytics from AppZen Provides Big and Small Picture on Spending

Mastermind Analytics

AppZen has announced the launch of Mastermind Analytics, its Artificial Intelligence (AI) driven audit solution. AppZen’s expense report auditing solution combines computer vision, deep learning, and natural language processing to automate expense report auditing and detect intentional and accidental compliance issues and fraud.  

Mastermind Analytics provides a complete overview of individual transactions as well as paper trails to provide valuable insights without switching between systems. With it, finance teams can further decrease spending, reduce risk, and improve operational performance. 

It’s on-demand charts, dashboards, and metrics provide all the bells and whistles finance professionals need to get valuable insights. It also offers the capability to identify offenders with the most ‘Missing Receipt Affidavit’ or analyze work-from-home expenses based on employee work arrangement status.

Tools: It offers easy and speedy process automation for checking every expense against Travel and Expense policies, Value Added Tax, Foreign Corrupt Practices Act (FCPA) regulations, IRS rules and regulatory requirements. The comprehensive auditing solution is made possible through its patented AI technology for businesses of all sizes.

Master Analytics Features

  • AI-driven insights are built on top of the most accurate and 100% audited spend data including information extracted from documents
  • It offers a 360º, real-time view of a company’s finances
  • It has more than 30 on-demand charts covering current cross-system spend, risk, and operational performance
  • Helps businesses benchmark their performance. This includes spending, risk and operational performance against industry peers
  • Users can create dashboards for specific use cases, metrics, and teams.

Why is audit software important? Audit software solutions help slash the time it takes to do audits. They also help in providing a comprehensive data trail with a few clicks of a button. At the same time, it helps eliminate the need for paper records along with the labor and mistakes they produce. What financial teams take weeks to audit, an audit software can do in just a few hours. 

Furthermore, an Audit management software helps you to capture evidence in real-time while working from paper trails can make compliance difficult to prove. A missing file could risk non-conformances or fail the audit completely.

Image: appzen.com

This article, "Mastermind Analytics from AppZen Provides Big and Small Picture on Spending" was first published on Small Business Trends



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Mastermind Analytics from AppZen Provides Big and Small Picture on Spending

Mastermind Analytics

AppZen has announced the launch of Mastermind Analytics, its Artificial Intelligence (AI) driven audit solution. AppZen’s expense report auditing solution combines computer vision, deep learning, and natural language processing to automate expense report auditing and detect intentional and accidental compliance issues and fraud.  

Mastermind Analytics provides a complete overview of individual transactions as well as paper trails to provide valuable insights without switching between systems. With it, finance teams can further decrease spending, reduce risk, and improve operational performance. 

It’s on-demand charts, dashboards, and metrics provide all the bells and whistles finance professionals need to get valuable insights. It also offers the capability to identify offenders with the most ‘Missing Receipt Affidavit’ or analyze work-from-home expenses based on employee work arrangement status.

Tools: It offers easy and speedy process automation for checking every expense against Travel and Expense policies, Value Added Tax, Foreign Corrupt Practices Act (FCPA) regulations, IRS rules and regulatory requirements. The comprehensive auditing solution is made possible through its patented AI technology for businesses of all sizes.

Master Analytics Features

  • AI-driven insights are built on top of the most accurate and 100% audited spend data including information extracted from documents
  • It offers a 360º, real-time view of a company’s finances
  • It has more than 30 on-demand charts covering current cross-system spend, risk, and operational performance
  • Helps businesses benchmark their performance. This includes spending, risk and operational performance against industry peers
  • Users can create dashboards for specific use cases, metrics, and teams.

Why is audit software important? Audit software solutions help slash the time it takes to do audits. They also help in providing a comprehensive data trail with a few clicks of a button. At the same time, it helps eliminate the need for paper records along with the labor and mistakes they produce. What financial teams take weeks to audit, an audit software can do in just a few hours. 

Furthermore, an Audit management software helps you to capture evidence in real-time while working from paper trails can make compliance difficult to prove. A missing file could risk non-conformances or fail the audit completely.

Image: appzen.com

This article, "Mastermind Analytics from AppZen Provides Big and Small Picture on Spending" was first published on Small Business Trends



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How to Choose the Best Commercial Insurance in the ‘New Normal’

The world of commercial insurance has changed. The current pandemic has meant that normal working practices have been shelved. Fewer employees are working in the office, if at all, and companies have had to think about new ways of working.

Getting commercial isurance for your business

When it comes to choosing the best commercial insurance for the ‘new normal’ you’ll need to re-think. Perhaps you no longer need the same kind of commercial insurance as before. Perhaps you now need commercial insurance that covers things you never thought you’d need to worry about. This is where this article can help. It contains tips that can help to choose the best commercial insurance in the ‘new normal.…

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Customers Prefer Brands with a Friendly Voice on Social Media

 

adzooma social media survey

A new survey by Adzooma found 55.7% of people would unfollow a brand because of the way they spoke online. The research tried to show what customers actually feel about brands with strong personalities and how it would influence their purchasing decisions.  

Businesses portray their personalities through the way their brand speaks, its visuals, and even in their customer service policies. It is important because it helps the brand to clearly define its personality in order to resonate with its consumers.  

With the surge in online buying in the wake of COVID-19 brands are more important than ever. Besides seeing a boom in local buying around a third of households say they have also increased their digital spending. One of the main drivers here is that customers are buying more emotionally these days by aligning with brands they have a sentimental attachment with.

A strong brand personality is a great way for a business to get noticed online. In fact 57.5% of customers would buy from brands with strong personalities. A further 51.2% of consumers have purchased from a brand because of the way they spoke online. Only almost a third (29.9%) have admitted they wouldn’t be swayed by either brand or personality.

What Kind of Brand Personalities Do Customers Want?

  • 13.1% of people prefer a professional tone
  • 13.1% of people preferred a fun or ‘quirky’ tone
  • 2.4% of people preferred a sarcastic tone
  • 21.4% of people prefer a mixture of all

Why friendly brand personalities matter: Businesses need to give their brand a friendly face. This is because it helps ease communications and engagement with customers. A brand personality helps customers to relate to the characteristics at a human level based on shared ideals.

A friendly personality helps Customers become more loyal and make them feel they can trust a brand.

Image: Depositphotos.com

This article, "Customers Prefer Brands with a Friendly Voice on Social Media" was first published on Small Business Trends



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Customers Prefer Brands with a Friendly Voice on Social Media

 

adzooma social media survey

A new survey by Adzooma found 55.7% of people would unfollow a brand because of the way they spoke online. The research tried to show what customers actually feel about brands with strong personalities and how it would influence their purchasing decisions.  

Businesses portray their personalities through the way their brand speaks, its visuals, and even in their customer service policies. It is important because it helps the brand to clearly define its personality in order to resonate with its consumers.  

With the surge in online buying in the wake of COVID-19 brands are more important than ever. Besides seeing a boom in local buying around a third of households say they have also increased their digital spending. One of the main drivers here is that customers are buying more emotionally these days by aligning with brands they have a sentimental attachment with.

A strong brand personality is a great way for a business to get noticed online. In fact 57.5% of customers would buy from brands with strong personalities. A further 51.2% of consumers have purchased from a brand because of the way they spoke online. Only almost a third (29.9%) have admitted they wouldn’t be swayed by either brand or personality.

What Kind of Brand Personalities Do Customers Want?

  • 13.1% of people prefer a professional tone
  • 13.1% of people preferred a fun or ‘quirky’ tone
  • 2.4% of people preferred a sarcastic tone
  • 21.4% of people prefer a mixture of all

Why friendly brand personalities matter: Businesses need to give their brand a friendly face. This is because it helps ease communications and engagement with customers. A brand personality helps customers to relate to the characteristics at a human level based on shared ideals.

A friendly personality helps Customers become more loyal and make them feel they can trust a brand.

Image: Depositphotos.com

This article, "Customers Prefer Brands with a Friendly Voice on Social Media" was first published on Small Business Trends



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5 Benefits of ERP Systems

Enterprise resource planning (ERP) isn’t just being used by major corporations. Instead, companies of all sizes and scopes are finding that ERP is critical to their enterprise.

ERP

If you need to manage various assets, then ERP can be what you’re looking for. The use of ERP has done nothing but grow, and as it stands, at least half of businesses consider ERP to be one of their top investments. With ERP, you can ensure that your main business processes are integrated, managed, and even automated into a single space in real-time.

So, what is at the heart of any erp system?

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5 X-Ray Diffraction Applications in Manufacturing

X-ray diffraction is a powerful method to use in the lab, however, it can also be used in manufacturing. While many people associate the world of manufacturing with assembly lines and large machines, x-ray diffraction is very useful.

Manufacturing management team

Let’s take a look at 5 x-ray diffract applications that are found in manufacturing.

1. Process Control

When a product is being manufactured, there’s always a change that morphological changes will take place. These changes can take place in a crystalline phase thanks to a number of stress forces being introduced.

When it comes to manufacturing medication, these changes can affect the medication’s bio-availability.…

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