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Sep 8Tue
  1. Maycur News

    Building Electronic Accounting Archives for Group Enterprises: Unified Archiving Across Multi-Organ…

    Maycur Technology published an article discussing the construction of electronic accounting archives for group enterprises. It argues that archive management should shift from simple file storage to evidence chain management, emphasizing capabilities such as cross-system collection, four-property detection, and business association. It proposes implementation priorities for different types of enterprises and recommends validating with real business samples and establishing long-term operation mechanisms.

  2. Maycur News

    Selecting Electronic Accounting Archives for Listed Companies: Balancing Internal Control, Audit, a…

    The article addresses the selection of electronic accounting archives for listed companies, emphasizing the need to balance compliant preservation, internal control penetration, audit response, and long-term usability. It suggests verifying capabilities such as original format management, automatic collection, and business association, and stresses advance planning and long-term operation mechanisms.

Sep 3Thu
  1. Hospitality Technology

    Opus Training Introduces 'Audits' Feature to Streamline Store Inspection and Resolution Tracking

    Opus Training, a training operations system for multi-unit brands, released Audits, a feature to streamline store inspection workflows and follow-through. It integrates corrective action into the inspection process, allowing leaders to score locations, attach photos, and assign tasks with deadlines. Early adopters report efficiency gains; Boston's Pizza reduced bi-annual brand standard reviews from three days to about a day and a half.

Sep 1Tue
  1. Maycur News

    Maycur: Electronic Accounting Archives Require Upfront Planning

    Maycur published an article emphasizing that electronic accounting archives cannot be built by collecting materials at month-end or year-end. With the increase of e-invoices, electronic vouchers, and bank receipts, archives become the foundation connecting business facts, accounting treatment, and audit evidence. The article proposes four capabilities: automatic collection, compliance management, business association, and retrieval utilization. Maycur Archives supports MDM multi-penetration, allowing traceability from any document to related materials, suitable for audit sampling and walk-through tests.

Aug 28Fri
  1. Maycur News

    From Compliance Archiving to Trusted Evidence Chain: How to Implement Electronic Accounting Archives

    The article points out that the focus of electronic accounting archives is shifting from saving files to proving processes, emphasizing the construction of a trusted evidence chain. Enterprises need capabilities such as original file preservation, four-property detection, business data association, permission logs, and cross-system retrieval. Maycur Archive offers full lifecycle management to help enterprises establish verifiable and traceable evidence chains.

  2. Maycur News

    Electronic Accounting Archives Are Not Just the Last Mile: Unlocking the Value of Archive Data

    The article emphasizes that the value of electronic accounting archives goes beyond replacing paper archives, transforming from static file repositories into data assets. Archive data value has three levels: basic efficiency, compliance and audit, and data collaboration. Maycur Archive helps enterprises unlock archive data value through full lifecycle management and association capabilities.

  3. Maycur News

    Digital Invoice Archiving Enters Deep Water: How Electronic Accounting Archives Support Integrated…

    The article discusses challenges in digital invoice archiving, emphasizing the need to upgrade from simple downloading to systematic capabilities for integrated business-finance-tax-documentation. Electronic accounting archive systems must consolidate multi-source data, establish cross-system links, and support audit traceability. Maycur Archive offers full lifecycle management, helping enterprises move from 'storing' to 'using'.

Aug 27Thu
  1. Maycur News

    From Compliance Archiving to Trusted Evidence Chain: Building Electronic Archives

    Maycur Technology argues that electronic accounting archive construction is shifting from 'filing documents well' to 'building a trusted evidence chain.' Enterprises must prove the source, processing, archivist, and changes of documents, ensuring traceability in audit and internal control. The article proposes capabilities for a trusted evidence chain: original format preservation, four-property detection, business document linkage, permission logs, and cross-system retrieval, and advises designing business processes before storage.

  2. Maycur News

    Electronic Accounting Archives: From Storage to Data Asset

    Maycur Technology argues that electronic accounting archives should not be just the last mile of finance. When invoices, vouchers, receipts, contracts are systematically collected and linked, archives become data assets supporting audit, internal control, shared services, and business analysis. The article emphasizes completeness, linkage, and usability, and introduces how Maycur Archives unlocks value through intelligent data extraction, linkage, and permission management.

  3. Maycur News

    E-invoice Archiving in Deep Water: Integrated Business-Finance-Tax-Archive

    Maycur Technology argues that e-invoice archiving has entered deep water; enterprises must focus on the complete chain from receipt, recognition, verification, booking, archiving to audit use. Integrated business-finance-tax-archive requires collaboration across business, finance, tax, and archives. The electronic archive system must handle native e-vouchers, business process documents, and accounting results, and link them. The article suggests implementing from rules, system integration, and usage scenarios.

Aug 26Wed
  1. Maycur News

    From Compliance Archiving to Trusted Evidence Chain: Unlocking Data Value in E-archives

    Maycur's article explores the shift of e-accounting archives from storage to proof. The core is building a trusted evidence chain spanning business, finance, tax, and audit, including traceability of original materials, association between business, finance, and archives, permission logs, and long-term preservation mechanisms. The article emphasizes that compliance archiving is the entry point for data value, not the end.

Aug 22Sat
  1. SAP Concur Blog

    SAP Concur Launches Pre-Submit Receipt Check, Moving Compliance Controls Earlier

    SAP Concur outlined the pre-submit receipt check in Concur Expense, an embedded AI feature that validates receipts in real time while employees create expenses, attach receipts and prepare to submit reports. Capabilities include receipt and data completeness checks, duplicate receipt detection, receipt-expense mismatch detection, contextual guidance, and user control over edits and final submission. Concur says this reduces send-backs, shortens approval delays and accelerates reimbursement.

Aug 20Thu
  1. Maycur News

    How Financial Shared Service Centers Build Electronic Accounting Archives: From High-Volume Process…

    Maycur published an article discussing the key points of building electronic accounting archives in financial shared service centers. The article points out that shared service centers need to extend archives from 'processing documents' to 'precipitating evidence chains', improving audit, inspection, retrieval, and export efficiency through automatic collection, matching, archiving, and association. Maycur Archives helps enterprises trace the full business picture from multiple entry points through cross-system retrieval and the MDM multi-penetration model.

  2. Maycur News

    How Electronic Accounting Archives Support Audit Sampling, Walkthrough Tests, and Management Tracea…

    Maycur published an article discussing the application of electronic accounting archives in audit sampling, walkthrough tests, and management traceability. The article points out that traditional archival methods struggle to support high-frequency audits, and electronic accounting archives help enterprises move from 'storing' to 'utilizing' archives through data completeness, link association, retrieval accuracy, permission control, and standardized export. Maycur Archives' MDM multi-penetration model helps restore business chains and improve audit efficiency.

Aug 10Mon
  1. Maycur News

    Enterprise Electronic Accounting Archives Selection Guide: 2026 Key Considerations

    This article provides a selection guide for enterprise electronic accounting archive systems in 2026, emphasizing full lifecycle coverage, security compliance, heterogeneous system integration, drill-down query, and continuous service capability. Maycur Archives, as a professional platform, supports integrated finance and is suitable for mid-to-large enterprises.

Mar 17Tue
Aug 28Thu
  1. SAP Concur Blog

    Energy & Utilities Face Rising T&E Automation Compliance Pressure

    A SAP Concur blog post notes that energy and utilities companies must comply with safety mandates such as NERC Critical Infrastructure Protection standards and sustainability guidelines including CDP, SASB and GRI. A survey found 34% say their current T&E solution will not meet evolving requirements over the next two years, 33% use a solution without sustainability tracking, and 44% treat sustainability data capture as a requirement of their T&E solution. The post argues automation and AI can cut manual errors, strengthen audit and cybersecurity, citing SAP Concur data that AP automation saves 12 hours per week per finance employee.

  2. SAP Concur Blog

    The Critical Role of Compliance Teams in Corporate Governance

    A SAP Concur blog post argues corporate compliance has moved from a back-office function to a business imperative. 77% of business leaders say detecting and managing risk is at an all-time high and nearly three-quarters worry they are falling behind. It outlines compliance team roles (officers, auditors, legal advisors, analysts) and responsibilities spanning regulatory compliance, policy development, risk assessment, monitoring, training and incident response, citing ACFE data that organizations lose up to 5% of annual revenue to fraud.

Mar 4Tue
  1. SAP Concur Blog

    Paid Receipts: Importance and Best Practices for Efficient Management

    The article covers the definition and management of paid receipts. A paid receipt is the record confirming payment for goods or services, and an itemized receipt typically includes the date and time of purchase, specific items, quantities and amounts, unit price and total costs, taxes paid, total amounts paid, and payment method. Receipts fall into four categories: paper, digital, emailed, and point-of-sale. Paid receipts are critical for tax compliance, budgeting and financial planning, dispute resolution, and business reporting. Manual management faces challenges including high receipt volume, lack of standardization, lost or damaged paper receipts, and time consumption. Best practices in…

Mar 13Wed
  1. SAP Concur Blog

    How Receipt Scanners Increase Financial Efficiency

    A SAP Concur blog explains the role of receipt scanners in expense management. A receipt scanner is a hardware or software tool that converts paper receipts into digital documents via image capture or scanning, with mobile scanning software using smartphone or tablet cameras. Benefits include OCR reducing manual entry errors, cloud-based workflows speeding approvals, improved employee satisfaction, integration with financial systems, enhanced compliance and auditing, and reduced paper use. Selection considerations include hardware versus software, resolution, portability and integration.

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.

Dec 15Fri
  1. SAP Concur Blog

    How SAP Concur Leverages Generative AI to Revolutionize Travel & Expense Management

    SAP Concur published a video interview transcript in which Rahul Vig, Senior Director of Product Management, explains SAP's AI investment and three core principles: relevance, reliability, and responsibility. The article describes how SAP Concur uses AI to improve expense management, including ExpenseIt using machine learning to extract information from receipts and create expense reports, Verify automating the audit process, and Invoice Capture automatically capturing invoice information. Vig revealed that in the past 18 months, approximately 60 million expense reports were processed through Verify, with only 3% requiring manual auditor review. The future goal is to use generative AI to ma…

Nov 3Fri
  1. SAP Concur Blog

    SAP Concur Outlines Six Best Practices for CME Spend Management in Healthcare

    SAP Concur's blog outlines six best practices for managing Continuing Medical Education (CME) spend in healthcare, covering fair expense policies, compliance tools, regular budget balance communications, audit plans, visibility into out-of-system bookings, and simplified expense reporting. The article notes CME is critical for healthcare providers' licensure, yet travel and expense management is complex, with about 45% of CME hotel bookings made through direct channels, challenging compliance and duty of care.

Nov 2Thu
  1. SAP Concur Blog

    SAP Concur Releases Travel and Expense Performance Benchmark Report

    SAP Concur released a Travel and Expense Performance Benchmark Report based on data from its top 25% best-performing customers worldwide, helping businesses compare metrics such as expense approval time, rejection rates, corporate card usage, and booking channel visibility. Data is broken down by global region and company size (under 1,000 and 1,000+ employees), with a worksheet to help identify gaps and develop improvement plans.

Aug 16Wed
  1. SAP Concur Blog

    SAP Concur: How AI Will Transform T&E

    SAP Concur published a blog on AI applications in travel and expense (T&E) management. It cites IDC data that 45% of businesses see opportunities for AI to improve payments, expense management, and analytics. SAP Concur's Verify uses AI to automatically audit expense reports, and ExpenseIt reduced returned reports from 14% to 1.2%. In 2022, $1.6 billion in spending exceptions went unexamined, while Verify automatically audited 97% of 2.8 million reports between January 2022 and June 2023.

Jun 22Thu
  1. SAP Concur Blog

    Spend Insights Report: T&E Spending Growth and Violation Analysis

    The Spend Insights Report by SAP Concur and Oversight shows T&E spending rose 73% year over year in 2022, with travel-specific spending up 178% from Q1 to Q4, including airline spending up 400% and lodging up 207%. Employee out-of-pocket cash spending jumped 81% and was the top category, accounting for 44% of all violations. Spending violations rose 7.9% year over year, costing companies $91.3 million, a 9.83% increase. The report recommends stronger training, electronic receipt management, and audit tools.

Apr 14Fri
  1. SAP Concur Blog

    The Connection Between Intelligent T&E Automation and Better Compliance

    An SAP Concur blog post says refining T&E with intelligent automation and digitized processes is a natural step in finance digital transformation, cutting paper, data entry errors and making expense data timelier and more trustworthy. It stresses that controls and compliance are often neglected when manual work is heavy: miscategorized spend causes budget, tax and compliance issues, and international travel spend carries anti-bribery risk with fines up to $2 million per violation. The SAP Concur and Oversight Spend Insights Report 2021 found excessive missing receipts up 58.6%, expense header keyword match violations up 26.7%, and duplicate mileage submissions up 2,127% from Q3 to Q4 2021.

Feb 16Thu
  1. SAP Concur Blog

    SAP Concur Highlights Six Reports to Close Spending Loopholes

    SAP Concur published a blog recommending six reports within its solution to reduce non-compliant spending and potential fraud. Citing ACFE data, it notes 51% of surveyed respondents uncovered more fraud since the pandemic, and nearly half of reported cases stemmed from a lack of internal controls. The six reports cover route data, receipt attachments, cash versus card spend, approved reports with unviewed receipts, high-risk expense categories, and travel expenses on cash.

Jan 10Tue
  1. SAP Concur Blog

    Are Your Spending Processes, Metrics Up to the Times?

    A SAP Concur blog post discusses how spending patterns have changed, requiring businesses to adjust processes and KPIs. It recommends using corporate cards over cash, automating receipt management, GPS mileage tracking, and AI auditing. It cites data: SAP Concur solutions average 36% time savings in expense report handling, and manual mileage tracking can overstate miles by 15%.

Jul 18Mon
  1. SAP Concur Blog

    Getting Clarity and Compliance as Spending Policies Shift

    A SAP Concur blog post notes that remote work and disrupted travel led companies to shift spending policies, while supply-chain chaos and inflation further clouded the policy picture. SAP Concur research shows the spending violation rate increased last year and excessive personal expenses jumped nearly 22%. The post recommends automation, AI, and machine learning to strengthen auditing, guide employee compliance, and adapt to policy changes.

Jun 29Wed
  1. SAP Concur Blog

    Surviving Disruption: Best Practices from Lyndon Group for T&E Management

    A SAP Concur blog post shares a podcast conversation with Lyndon Group about optimizing T&E management during disruption. Lyndon Group won the SAP Concur Partner Growth award for helping customers optimize platforms. The conversation covers ERP transitions, automation, policy creation, auditing, and regulatory changes. Key advice includes early involvement in ERP planning, leveraging automation, clear policies, and healthy auditing.

  2. SAP Concur Blog

    SAP Concur Explains Government Contract Travel Compliance and FAR 31.205-46

    A SAP Concur blog post discusses government contract travel compliance requirements, focusing on FAR 31.205-46. This clause states that costs are allowable only if the contractor maintains specific documentation to support claimed travel costs. Required information includes date, location, purpose of travel, and traveler's name and title. The post emphasizes the importance of independent transaction records (such as cancelled checks, credit card receipts, or hotel bills) and explains how Concur Travel and Concur Expense help contractors meet compliance through OCR, TripLink integration, and automated audits.

  3. SAP Concur Blog

    SAP Concur: Controlling T&E Spend Through Automation

    SAP Concur published an article on how companies can strengthen T&E spend oversight without adding headcount. T&E can account for as much as 10% of a company's budget, and greater employee spending power raises risks of fraud, compliance breaches and traveler safety. SAP Concur offers mobile tools that help write expense reports, automatically applies spending controls and targeted audit rules, and Concur Audit uses objective experts to review reports against internal policies and regulatory requirements. An IDC infographic shows that after implementing SAP Concur, 62% more employees followed T&E policies, lost receipts fell 67%, auditing staff was 28% more efficient, and businesses saw ave…

  4. SAP Concur Blog

    Proactively Mitigating FCPA Risk in a Global Business Landscape

    A SAP Concur blog post states that the Foreign Corrupt Practices Act (FCPA) anti-bribery provisions prohibit giving anything of value to a foreign official to obtain or retain business, and enforcement actions often involve leisure activities such as travel, meals, gifts and entertainment. It says the definition of government official extends to employees of government departments or agencies, state-owned enterprises, healthcare providers and even third-party consultants helping plan hospitality events. It outlines five compliance steps: understanding your business network, implementing controls, maintaining clear records, building a comprehensive audit process and educating on clear polici…

  5. SAP Concur Blog

    Utilizing AI to Manage Compliance Risks in Life Sciences

    Mark Linver, Managing Director of Deloitte Life Sciences Advisory, discusses how life sciences manufacturers can use artificial intelligence (AI) and robotic process automation (RPA) to manage compliance risks. Since it is not feasible to audit all activities involving healthcare professionals (HCPs), compliance organizations use a risk-based approach. A Deloitte survey shows manufacturers want to use AI to monitor financial transactions in real time, implement automatic controls to prevent overspend, automate contract reviews, and more. AI can increase the amount of data reviewed, the frequency of audits, identify anomalies, and prioritize compliance risks. The article also covers knowledg…

  6. SAP Concur Blog

    SAP Concur: Efficient Audits Can Strengthen Expense Control

    A SAP Concur blog post notes that while organizations want to review 100% of expense reports to catch mistakes and fraud, auditing is time-consuming and expensive, so many avoid it. The article argues that skipping audits risks compliance fines, costs from human error and greed, and falling behind amid continuous change. It recommends combining intelligent technology with expert review and embedding intelligent spending reviews into expense processes to improve efficiency and support continuous improvement.

  7. SAP Concur Blog

    Managing Expense Compliance During Uncertainty (Part One)

    A SAP Concur blog Q&A with Connie Hoen, who has over 30 years of audit and compliance experience, discusses how companies can control employee spend during uncertainty. The article identifies global travel and expense policies, expense report audit programs, and reporting and analysis requirements as three impacted areas. It recommends assessing work-from-home expense policies, creating 'at home' expense types in expense software, re-evaluating receipt requirements, and training first-time expense submitters and approvers.

  8. SAP Concur Blog

    Why VAT Goes Unrecovered: 54% of Eligible VAT Left Unclaimed

    A SAP Concur blog post, citing Vanson Bourne research, reports that businesses leave 54% of eligible value added tax (VAT/GST/HST) unclaimed, amounting to millions or billions of dollars. It lists five reasons: businesses do not realize VAT can be recovered, regulations keep shifting, expenses are hard to track and validate, organizations lack time and expertise, and technology and processes are outdated. The pandemic added compliance challenges as governments rapidly changed VAT rules and deferred deadlines, then shifted focus toward audits to recover lost revenue. The article recommends modernizing VAT programs with intelligent technology, optimized data, and automated recovery processes…

  9. SAP Concur Blog

    ACFE Poll: 80% of Fraud Examiners Back AI and ML in Travel and Expense Programs

    A SAP Concur blog post cites an Association of Certified Fraud Examiners (ACFE) webcast poll on August 12 in which 80% of members said AI and ML should be used in travel and expense programs to combat organizational fraud. The post says AI and ML let audit teams shift from searching for issues to analyzing them, reducing the cost and duration of fraud research. It also notes fewer than half (41%) of ACFE members use T&E data in individual or departmental investigations all the time or often, while 59% use it only sometimes or never because their organizations lack proper reporting or means to share and analyze data across departments.