Use These Tips to Make it Easier to Organize Receipts

A SAP Concur blog post notes that receipt management is a common pain point for business travelers, with receipts easily lost and causing reimbursement issues. It recommends reducing paper receipts and fraud risk with eReceipts, mandating corporate card use to reduce receipt volume and increase visibility, and using the SAP Concur mobile app to photograph paper receipts for automatic upload. The post also notes that T&E spending is about 10-12% of a typical company budget, businesses lose 5% of revenue to fraud annually, and 83% of fraud cases involve asset misappropriation.