SAP Concur Blog·· 2022-06-29
4 Steps to Managing Fraud and Compliance in Healthcare T&E
4 Steps to Increasing Your Healthcare Organization’s Confidence When Managing Fraud and Compliance
AI Overview
SAP Concur blog highlights that employee T&E fraud can severely damage healthcare organizations' brand reputation. Nearly 20% of T&E expenses fall outside policy. Healthcare workers drive 1,700 miles annually on average, claim 20% more mileage than other industries, and over-estimate mileage by 15%. 58% of respondents are unsure if their company is at risk for global compliance. 33% still spend 76+ hours monthly auditing expense reports. Automation can reduce errors by up to 66% and cut auditing time by as much as 90%.
Source:SAP Concur Blog · concur.com