SAP Concur Shares Methods to Increase Expense Audit Efficiency
A SAP Concur blog post discusses how to improve the efficiency of corporate expense report auditing. Citing an IDC report, it states that automating the audit process can make expense report intake and handling 36% more efficient, reduce report completion time by 43%, and result in 65% more policy-compliant expense reports. The article recommends best practices such as reducing internal auditor effort, increasing data entry accuracy, using data to identify improvement opportunities, employing pre-authorized requests, reducing exceptions, improving first-pass ratio, increasing card adoption, and providing ongoing training.
Impact and considerations
For corporate finance and travel managers, audit efficiency directly impacts operational costs and compliance risks. The quantitative data and practical recommendations in the article can help companies evaluate their audit processes and consider optimization options such as automation or outsourcing.
Key points
- An IDC report found that automating the audit process makes expense report intake and handling 36% more efficient, reduces report completion time by 43%, and results in 65% more policy-compliant expense reports.
- Companies can optimize audit processes through best practices such as reducing internal auditor effort, increasing data entry accuracy, and using data to identify improvement opportunities.
- Using pre-authorized requests, reducing exceptions, improving first-pass ratio, increasing card adoption, and providing ongoing training are also effective methods to enhance audit efficiency.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 13 Dec 2022, 20:10
- Page published
- 14 Aug 2026, 08:29
- Last updated
- 13 Dec 2022, 20:10
- Original links
- SAP Concur Blog：How to Increase Audit Efficiency (opens in a new tab)Primary source · en · Published 13 Dec 2022, 20:10