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Compliance全球

Give Your Company Policies a Health Check-Up: Annual Review and Update Guide

SAP Concur advises companies to review and update travel & expense (T&E) and accounts payable (AP) policies at least annually and after significant organizational changes. Outdated or unclear policies often lead to reimbursement issues, approval delays, and employee dissatisfaction. Policies should be clear, easy to find, and emphasize benefits to employees.

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Impact and considerations

Clear T&E and AP policies improve reimbursement efficiency, reduce disputes, and ensure compliant cash flow, which is critical for financial management.

Key points

  • Review T&E and AP policies at least annually and after major organizational changes.
  • Policies should be clear and concise, avoiding legalese and corporate jargon.
  • Ensure policies are easy to find and communicate changes to employees.
  • Emphasize benefits to employees and enforce policies fairly.

Sources and time

Primary source
SAP Concur
Other sources
0
First source publication
29 Jun 2022, 19:47
Page published
15 Aug 2026, 08:31
Last updated
29 Jun 2022, 19:47
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