People, AI, Automation: How to Improve Expense Report Audit
This SAP Concur blog discusses combining AI and human auditors to improve expense report audit efficiency. It notes that automated auditing can reduce the cost of expense report mistakes by 60% and cut audit time by up to 90%. It recommends auditing policy before manager approval to speed payment and reduce intervention.
Impact and considerations
Provides methods for finance teams to improve audit efficiency, reduce error costs, and enhance compliance.
Key points
- Automated auditing can reduce the cost of expense report mistakes by 60%.
- Using AI for initial investigation can cut audit time by up to 90%.
- Auditing policy before manager approval speeds payment.
- AI audit tools check every expense report, reducing fraud.
- 57% of CFOs report growth as a key goal.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 2 Apr 2024, 22:30
- Page published
- 14 Aug 2026, 08:15
- Last updated
- 2 Apr 2024, 22:30
- Original links
- SAP Concur Blog：People, AI, Automation: How to Improve Expense Report Audit (opens in a new tab)Primary source · en · Published 2 Apr 2024, 22:30