Cash vs. Credit Card Spend: Impact on Corporate Savings
SAP Concur blog discusses the impact of cash vs. credit card spend on corporate savings. Citing Harvard Business Review, it notes organizations can find 15-20% of unmanaged spending. Using corporate cards improves visibility, reduces fraud, and increases rebates. Recommendations include encouraging card use and setting policies.
Impact and considerations
Companies can improve savings and compliance by controlling cash spend.
Key points
- Harvard Business Review reports organizations can find 15-20% of unmanaged spending.
- Cash spend is difficult to track, easily abused, and lacks data.
- Corporate cards provide more timely visibility and higher quality data.
- Increased corporate card use can increase corporate rebates.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 29 Jun 2022, 19:47
- Page published
- 14 Aug 2026, 08:34
- Last updated
- 29 Jun 2022, 19:47
- Original links
- SAP Concur Blog：Cash vs. Credit Card Spend: Does it Really Impact Corporate Savings? (opens in a new tab)Primary source · en · Published 29 Jun 2022, 19:47