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SAP Concur Blog·· 2022-06-29

It's That Time to Assess Your T&E Program (Yes, Your Program)

It's That Time to Assess Your T&E Program (Yes, Your Program)

AI Overview

A SAP Concur blog post recommends that companies review their travel and expense (T&E) program in Q4. It notes that employee spending continues to increase across more categories, more payment methods are used, and spend data is often tracked disparately. T&E expenses account for about 10% of a company's entire budget. The post offers a cheat sheet covering audits, fraud, compliance, and tweaks, and suggests that driving changes mid-year is often more challenging, so assessment should be done before the new year.

Source:SAP Concur Blog · concur.com