The 7 most outrageous things people have tried to expense to their work accounts
- Unauthorized purchases being expensed to companies spike around the holidays.
- AppZen, an AI platform for finance teams, analyzed millions of anonymous expenses from its December 2018 customer data.
- AppZen found that incidents of unauthorized spending on gifts being submitted for reimbursement averaged around $4,800 each.
- Food and alcohol were particularly popular expenses: alcohol expenses were six times higher while meal expenses were seven time higher in December as compared to the monthly average.
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If the thought "I wish I could expense this" has flickered across your mind while swiping your credit card for holiday shopping, you are not alone.
AppZen, an AI platform for finance teams, analyzed millions of anonymous expenses from its December 2018 customer data to uncover unauthorized holiday spending being expensed to companies.
AppZen found that incidents of unauthorized spending on gifts being submitted for reimbursement averaged around $4,800 each.
Food and alcohol were particularly popular expenses: unauthorized expensed meals increased sevenfold in December 2018 as compared to the monthly average, and unauthorized alcohol spending was sixfold the monthly average at a whopping $573 per incident.
Here are the seven most outrageous things people have tried to expense to their work accounts.