Controlling Expense Fraud: How Much of Your Revenue Would You Like to Keep?
This SAP Concur blog post discusses expense fraud. Reports indicate that typical organizations lose 5% of annual revenues to fraud, with 89% being asset misappropriation and 50% due to weak internal controls. The article suggests six tips to reduce fraud, including robust policies, compliance tools, anomaly detection, reducing mileage padding, audits, and automated monitoring. SAP Concur provides real-time visibility and intelligence to control risk.
Impact and considerations
Expense fraud directly impacts profitability; effective expense management tools and internal controls are crucial.
Key points
- Typical organizations lose 5% of annual revenues to fraud.
- 89% of fraud is asset misappropriation, including expense reimbursement.
- 50% of fraud is due to weak internal controls.
- SAP Concur provides real-time visibility and intelligence to control risk.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 29 Jun 2022, 19:47
- Page published
- 15 Aug 2026, 08:35
- Last updated
- 29 Jun 2022, 19:47
- Original links
- SAP Concur Blog：Controlling Expense Fraud: How Much of Your Revenue Would You Like to Keep? (opens in a new tab)Primary source · en · Published 29 Jun 2022, 19:47