Risks of Non-Compliance and Mitigation Strategies: SAP Concur's View
A SAP Concur blog post discusses the risks of corporate non-compliance, including legal and financial consequences, reputational damage, operational disruptions, and fraud and financial loss. Citing ACFE data, it notes about 5% of revenue is lost to occupational fraud annually, with a median loss of $145,500. It recommends clear policies, formal approval workflows, automated compliance tools, and employee training.
Impact and considerations
For business travel and expense management professionals, this article provides quantified data on non-compliance risks and mitigation strategies, potentially influencing expense management system selection and compliance process design.
Key points
- ACFE estimates about 5% of revenue is lost to occupational fraud annually, with a median loss of $145,500.
- 89% of fraud cases involve asset misappropriation, such as false or overinflated expenses.
- Non-compliance can lead to fines, litigation, reputational damage, and operational disruptions.
- Automated compliance tools can reduce human error, with AI auditing receipts for policy compliance.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 31 Jul 2025, 20:29
- Page published
- 13 Aug 2026, 08:32
- Last updated
- 31 Jul 2025, 20:29
- Original links
- SAP Concur Blog：What Are the Risks of Non-Compliance and How Can Companies Mitigate Them? (opens in a new tab)Primary source · en · Published 31 Jul 2025, 20:29