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#欺诈风险

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Sep 22Mon
  1. SAP Concur Blog

    SAP Concur Highlights Automated Expense Management as Key to Business Growth

    SAP Concur published an article noting that nearly half of finance leaders worldwide know of a company in their professional network that experienced spend management fraud in the past three years. The article highlights the costs of manual expense management, including missing receipts, time-consuming reports, out-of-policy purchases, unclaimed VAT and fraud risks. Automated expense management can reduce risks and improve productivity, citing a study estimating a T&E solution saves 13 hours weekly per finance or accounting team member.

Feb 28Wed
  1. SAP Concur Blog

    How to Do an Expense Report: Steps and Solutions for Effective Expense Reporting

    SAP Concur published a guide on how to do an expense report, covering steps such as collecting receipts and recording date, vendor, expense category, taxes, and receipt images. The article notes that travel-related expenses at small and medium businesses increased 178% in 2022, and discusses templates, tool choices, and expense fraud risk, stating that around 5% of a typical organization's annual revenue is lost to fraud.

Feb 27Tue
  1. SAP Concur Blog

    What Is an Itemized Receipt and Its Role in Reimbursement

    SAP Concur published an article explaining what an itemized receipt is—a receipt detailing each line item of goods or services from a transaction—and comparing it with regular receipts in terms of itemization, expense tracking, reporting, and auditing. The article lists common itemized expense types such as meals, hotel stays, car rentals, air travel, and office supplies, and explains when itemized receipts are required, including employee reimbursements, tax deductions, government contracting, and external audits. It also discusses the role of itemized receipts in reducing expense fraud.

May 18Thu
  1. SAP Concur Blog

    How Automation Cuts Invoice Processing Cost and Time

    SAP Concur argues accounts payable (AP) is one of finance's most time- and labor-intensive functions. Organizations implementing automated AP solutions report an average 20% decrease in invoice processing costs, process 64% more vendor invoices per month than those without automation, and engage 2.5 times more vendors. 43% of organizations not currently using automated AP solutions will likely switch within the next two years. The article also notes 71% of businesses report some financial loss due to fraud in the past three years.

Apr 6Thu
  1. SAP Concur Blog

    Bringing County Spending Under Control with Automated Expense and Invoice Processes

    A SAP Concur blog post aimed at county governments examines how manual expense and invoice processes undermine spending control. It notes that employees delay submitting travel expense reports because the process is time-consuming, so organizations may not know total travel costs until weeks later; vendor invoice sign-off takes an estimated 11 days from receipt; and accounting and finance staff each spend an estimated 14 hours a week processing expenses and another 13 hours handling vendor invoices. It recommends capturing spending earlier via a central invoice portal, purchase order processes, and mobile receipt capture, and using automation to cut errors and fraud risk and unify data for…

Mar 14Tue
  1. SAP Concur Blog

    Automated Credit Card Reconciliation: Big Returns for Small Businesses

    A SAP Concur blog post aimed at small businesses examines the hidden costs of manual credit card reconciliation. It says out-of-policy spending and outright fraud can easily fly under the radar with manual processes, and risks multiply if multiple employees share a single corporate card or if personal credit cards are used for business expenses; the average time span fraud lasts before detection is 14 months, and 76% of cases are committed at the employee or manager level. It says SAP Concur users reported 32% less time to approve expenses, 13 hours saved per finance/accounting employee per week, $18 saved per expense report, and positive ROI in 8 months after automating the expense process.

Mar 7Tue
  1. SAP Concur Blog

    Adopting Spend Automation to Maximize New Funding

    A SAP Concur blog post aimed at companies that have received new funding recommends digitizing and automating spend management—employee expenses, vendor invoices, and travel costs—to maximize the value of that funding. It says automation can improve business intelligence and actionable insights, help make contingency plans, strengthen working capital, improve spend visibility, and find cost-saving opportunities. It cites data showing roughly 20% of expenses fall out of policy and organizations lose an estimated 5% of revenue to fraud each year, and a 2022 Analysys Mason survey showing companies saw positive ROI within 8 months on average after implementing travel and expense and/or vendor i…

Jan 26Thu
  1. SAP Concur Blog

    Digging Into Essentials of Automated Expense Management

    A SAP Concur blog post cites a 2022 Analysys Mason study finding that nearly half of finance leaders worldwide say fraud and risk management are their biggest challenges, and 44% cannot make informed decisions due to lack of timely financial information. The article highlights that manual expense management is costly, while automated solutions can mitigate fraud and noncompliance risks and improve productivity and profitability. The study estimates a T&E solution saves 13 hours weekly per finance or accounting team member. One customer reports spending 65% less time processing expense reports. 72% of businesses believe digital transformation is key to growth.

Jun 29Wed
  2. SAP Concur Blog

    SAP Concur Survey: Fraud Risk Rising in Government and Higher Ed Finances

    A survey by SAP Concur and Kelton Global of 313 financial decision makers in state, city, and local government and higher education found that 59% believe their financial tools and systems are error-prone, and 68% report making decisions without full visibility into necessary information. Two-thirds admit fraud, waste, and abuse are current challenges, more than one in four say their vulnerability to fraud risk increased in the past year, and about one-third report an increase in inaccurate expense reports and invoices. About one-quarter unintentionally reported incorrect budget data due to inaccuracies.

  3. SAP Concur Blog

    How to Give Your Finance Team the Financial Visibility It Needs

    The article presents eight best practices for improving expense management processes to help finance teams avoid surprises such as unaccounted expenses, missing receipts, and fines. Recommendations include: CFOs should take charge of expense report errors and view them as opportunities to improve processes and training; tighten expense management to reduce fraud risk; and leverage automation and mobile technology to enhance expense visibility and real-time data access.

  4. SAP Concur Blog

    Is Your AP Process Holding Your Business Back?

    SAP Concur blog notes 96% of businesses plan to grow, but manual AP processes can be a bottleneck. Finance teams spend 60% of time on day-to-day processes. 41% of finance leaders are concerned about staff productivity; 32% about turnover and low morale. Automation saves a five-person finance team 40 hours per week and $34,000 annually on average. More than two-thirds of finance leaders aren't completely confident their business is protected against fraud.