EIU Survey: 91% of Executives Say Tech-Driven Expense Management Is Key

A SAP Concur blog post cites an Economist Intelligence Unit (EIU) survey of 552 senior executives in 11 countries: 91% say technology-driven expense management systems are key to meeting spend policies and protocols, and 95% agree that real-time data analytics has helped keep spending and operations in line with company goals. The post notes the pandemic is accelerating adoption of cloud, AI, machine learning, and automation to achieve spend visibility, consistency, and compliance.