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SAP Concur Blog·· 2022-08-10

SAP Concur: Compliance and Accountability in State and Local Government Spend Management

Level Up Spend Management to Ensure Compliance and Accountability for State and Local Government

AI Overview

SAP Concur published spend management guidance for state and local government organizations, noting the pandemic forced rapid digitization and organizations should now assess those rushed fixes. The T&E spend violation rate skyrocketed 292% from 2019 to 2020. Government fraud varies by level: national government 46% affected ($200,000 median loss), state government 27% ($56,000), local government 25% ($125,000). It recommends finance and IT collaboration and digital spend management tools. An IDC report found 90% of decision-makers see room to improve spend control.

Source:SAP Concur Blog · concur.com