Using a Corporate Credit Card Program to Fight Expense Fraud
A SAP Concur blog post states that a typical organization loses about 5% of annual revenue to fraud each year, and employee expenses, especially travel, are both a large budget category and an opportunity for fraudulent claims. It recommends a corporate credit card program to tighten controls, with credit and transaction limits plus merchant and location controls, and data flowing directly to the company for monitoring suspicious spend. It also suggests integrating corporate cards with automated cloud-based expense solutions for visibility and reporting data.
Impact and considerations
Travel and employee expenses are a high-risk area for fraud; a corporate card program combined with automated expense tools can strengthen spend controls and reduce reporting errors, directly relevant to finance and travel managers.
Key points
- A typical organization loses about 5% of annual revenue to fraud each year.
- Employee expenses, especially travel, are both a large budget category and an opportunity for fraudulent claims.
- A corporate credit card program allows credit and transaction limits plus merchant and location controls.
- Corporate card charges go directly to the company, enabling monitoring and flagging of suspicious spend.
- Corporate cards reduce the burden on employees using their own money and cut expense report errors.
- The post recommends integrating corporate cards with automated cloud-based expense solutions.
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