Managing Employee Spend Risk and Compliance

This SAP Concur blog discusses how businesses can manage risk and compliance in employee spend, covering regulatory compliance, financial risk, internal policy compliance, and fraud risk. It notes that SMBs often neglect compliance due to lack of time and money, but automation tools like SAP Concur provide end-to-end visibility, enforce policies automatically, and reduce fraud. Research shows 37% of business travelers had at least one expense report exception, and asset misappropriation averages $125,000 in losses.