A Beginner's Guide to Business Compliance
SAP Concur, in partnership with Accenture, released an eBook on compliance challenges including tax digitization, ESG, AI, cybersecurity, and internal spend. It notes 77% of business leaders say risk management is harder than ever, and 72% say their capabilities haven't kept up. Solutions include leveraging real-time data for tax changes, data-driven tools for ESG, responsible AI frameworks, enhanced data security, and automated internal spend compliance.
Impact and considerations
Businesses face increasingly complex compliance environments; the article offers strategies to mitigate risks and enhance compliance, guiding financial and operational decisions.
Key points
- 77% of business leaders say risk management is harder than ever.
- Tax digitization requires real-time data solutions.
- ESG guidelines are becoming mandatory, requiring data-driven management.
- AI introduces compliance risks, necessitating responsible AI frameworks.
- Automating internal spend compliance prevents fraud and errors.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 10 Jul 2024, 00:13
- Page published
- 14 Aug 2026, 08:14
- Last updated
- 10 Jul 2024, 00:13
- Original links
- SAP Concur Blog：A Beginner’s Guide to Business Compliance (opens in a new tab)Primary source · en · Published 10 Jul 2024, 00:13