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Is Your Spend Going Through the Proper Channels? Or Is It Just Going Away?

An EIU survey found that 91% of executives say technology-driven expense management systems are key to meeting spend policies, and 95% agree real-time data analytics help keep spending aligned with company goals. The article emphasizes the role of technology (cloud, AI, automation) in spend management.

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Impact and considerations

Data shows the importance of technology in spend management; businesses should invest in intelligent systems for visibility and compliance, especially post-pandemic.

Key points

  • 91% of executives say technology-driven expense management systems are key to meeting spend policies.
  • 95% agree real-time data analytics help keep spending aligned with company goals.
  • Businesses rely on cloud, AI, machine learning, and other technologies to achieve strategic priorities.
  • Automated auditing ensures spend goes through proper channels.

Sources and time

Primary source
SAP Concur
Other sources
0
First source publication
29 Jun 2022, 19:47
Page published
16 Aug 2026, 08:14
Last updated
29 Jun 2022, 19:47
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