The Importance of a Good T&E Policy that Clearly Defines Business Dining Policies It is very easy to hide a gift card, a couple of extra beers, or other merchandise within a restaurant receipt, even when the company policy clearly spells out what can and cannot be expensed. This article from Business Travel Executive - Dig In [...]
Companies generally struggle to understand and implement expense report approval and audit practices that will reduce their risk to expense report leakage or outright fraud. Part of the issue is trying to completely manage the expense report process internally. The other part of the issue is that companies have the misconception that 3rd-party services from [...]
Enhanced currency conversion for all foreign cash transactions MINNEAPOLIS (Feb 23, 2015)—InterplX Expense Management software solution ExpenseNet® recently upgraded to the Historical XigniteGlobalCurrencies Service for enhanced currency conversion for cash transactions. Developed by Xignite, the leading provider of market data cloud solutions, XigniteGlobalCurrencies offers real-time and historical quotes for currency exchange rates (FX) and provides [...]
Eleventh Consecutive SSAE 16 Audit with Zero Exceptions InterplX is dedicated to protecting its clients' data, and this eleventh consecutive successful audit is no accident. We didn't sit back and wait for another successful audit. We invested in new hardware and software to more than merely pass the audit. Staying ahead of the curve is [...]
Periodically InterplX analyzes T&E trends via expense management surveys we sponsor in conjunction with The Institute of Financial Operations. This year, InterplX president and CEO Chuck Buckner provides the information needed to make sense of these trends. He also provides great tips on decision making and current best practices. This year there are two new [...]
The Accounts Payable Network (TAPN) quotes InterplX’s VP, Bob Rayca, on the value of travel and entertainment (T&E) expense report auditing. In a recent posting, TAPN addressed the topic of “Expense Report Auditing: Guarantee Compliance”(paywalled). Central to the TAPN article is that “approving non-compliant expense reports” leads to higher costs throughout the T&E process and [...]
InterplX is attending the GBTA Convention 2013 in San Diego this year and will be an exhibitor at booth 949. The GBTA conference is the premier event for the business travel industry and provides us with an excellent opportunity to meet with prospects, clients and our TMC Channel Advantage partners. If you’re attending, stop by [...]
Transfers of Value to Physicians: CMS Rules Released Including “Special rules for reporting food and beverage.” Key Points: Collection Start Date: August 1, 2013 Report to CMS Date: March 31, 2014 Report submission will be annually (monthly or quarterly reporting will not be allowed) Reporting: Name of the covered recipient. Address of the covered recipient. [...]
Platform agnostic, non-native app supports the “bring your own device” revolution According to an industry survey, today’s business travelers are typically equipped with three or four mobile devices such as tablets and smartphones. To address the growing reliance on multiple mobile devices, InterplX has released ExpenseNet® Version 7.0. Featuring a web-optimized application, the latest version [...]
New InterplX Channel Partner Program Powerful Resource in Travel Management Company’s Battle Against “Maverick” Client Bookings TMC Advantage enhances value delivered through increased visibility on travel spend and combined analytics capabilities MINNEAPOLIS (July 18, 2012) — InterplX, the number two independent provider of expense management and purchase card transaction processing software (GBTA booth #1153), has [...]
