Use a Corporate Credit Card Program to Fight Fraud
This SAP Concur blog post notes that typical organizations lose 5% of annual revenue to fraud each year. It recommends corporate credit card programs to strengthen spend control, set transaction limits and merchant restrictions, and integrate automated cloud solutions for better visibility and fewer errors.
Impact and considerations
Provides practical strategies for businesses to prevent expense fraud through corporate cards and automation.
Key points
- Typical organizations lose 5% of annual revenue to fraud each year.
- Corporate credit card programs allow setting transaction limits and merchant controls to strengthen spend management.
- Automated cloud solutions can integrate with corporate cards for better visibility and accuracy.
- Employees can use corporate cards directly, reducing personal out-of-pocket and reimbursement errors.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 29 Jun 2022, 19:47
- Page published
- 14 Aug 2026, 08:35
- Last updated
- 29 Jun 2022, 19:47
- Original links
- SAP Concur Blog：Use a Corporate Credit Card Program to Fight Fraud (opens in a new tab)Primary source · en · Published 29 Jun 2022, 19:47