Six Ways for Enterprises to Close Spend Loopholes with Tech
The article highlights significant losses from non-compliant spending: 56% of organizations reimburse out-of-policy spend, 52% of travel bookings are outside corporate channels, and $19 billion was labeled 'other' by SAP Concur customers in 2019. Technology helps control costs.
Impact and considerations
For business travel management, understanding the prevalence of non-compliant spending helps companies enforce policies, use technology for automated auditing and compliance controls, and reduce financial risk.
Key points
- 56% of organizations reimburse out-of-policy spend.
- 52% of hotel and air bookings are made outside corporate channels.
- $19 billion of spend labeled 'other' by SAP Concur customers in 2019.
- 20% of companies cannot recover VAT due to complex procedures.
- Technology helps automate controls and audits.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 29 Jun 2022, 19:47
- Page published
- 16 Aug 2026, 08:20
- Last updated
- 29 Jun 2022, 19:47
- Original links
- SAP Concur Blog：Six Ways for Enterprises to Close Spend Loopholes with Tech (opens in a new tab)Primary source · en · Published 29 Jun 2022, 19:47