AI-Generated Receipts Fuel Rise in Fake Expense Claims, AppZen Reports
AI-generated receipts are making it easier for individuals to submit fraudulent expense reports, according to software provider AppZen. The company, which specializes in AI-powered expense auditing, reported that nearly 14% of attempted fraud in recent months involved receipts created using artificial intelligence. These fake receipts often mimic real ones in appearance, complete with realistic logos, dates, and itemized details, making them difficult to detect through traditional review methods. As generative AI tools become more accessible and sophisticated, they are increasingly being used to fabricate documents that can bypass basic checks. AppZen’s systems are now being updated to identify subtle inconsistencies in AI-generated content, such as unusual formatting patterns, mismatched metadata, or implausible transaction details. The rise in AI-driven fraud underscores the growing need for advanced detection technologies in corporate finance and compliance. Companies are being urged to strengthen their expense verification processes to stay ahead of increasingly clever digital deception.
