Ask the Experts: Is My Fraud Prevention and Detection Best-In-Class?
This SAP Concur blog post, based on an ACFE webinar, answers questions about travel and expense fraud prevention. It cites a PwC survey: 49% of organizations have been victims of fraud. Expert advice includes establishing global expense policies, including gifts in compliance, using audit rules and AI detection, automatically feeding credit card expenses, and using external auditors for executive expenses.
Impact and considerations
With rising fraud risks, companies need to strengthen prevention and detection measures to protect financial health.
Key points
- 49% of organizations have been victims of fraud, with T&E as a risk area.
- Using audit rules and AI detection improves efficiency.
- Automatically feeding credit card expenses reduces errors and fraud.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 29 Jun 2022, 19:47
- Page published
- 14 Aug 2026, 08:32
- Last updated
- 29 Jun 2022, 19:47
- Original links
- SAP Concur Blog：Ask the Experts: Is My Fraud Prevention and Detection Best-In-Class? (opens in a new tab)Primary source · en · Published 29 Jun 2022, 19:47