Four Steps to Increase Expense Policy Compliance
The article notes that policy violations for excessive personal expenses rose 21.8% from 2020 to 2021. It recommends four steps to improve expense policy compliance: review and refine expense categories (the 'Other' and 'Miscellaneous' categories ballooned to over 60% of spending from 2019 to 2021); write a more effective reimbursement policy; automate expense reports and reimbursements (SAP Concur customers reported 43% less time to submit, 65% more compliant claims, 50% less time to reimburse); and analyze expense data to inform business growth.
Impact and considerations
Expense policy compliance directly affects corporate cost control and financial risk; automation and policy optimization can significantly improve efficiency and reduce violations.
Key points
- Policy violations for excessive personal expenses rose 21.8% from 2020 to 2021.
- The 'Other' and 'Miscellaneous' expense categories ballooned to over 60% of spending from 2019 to 2021, requiring review and refinement.
- A more effective reimbursement policy should use simple language, be succinct (under 10 pages), explain the 'why', and be regularly updated.
- Automating expense reports and reimbursements can reduce submission time by 43%, increase compliant claims by 65%, and reduce reimbursement time by 50%.
- Analyzing expense data helps track spending patterns, quickly adjust to business challenges, and seize growth opportunities.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 3 Oct 2022, 19:16
- Page published
- 14 Aug 2026, 08:29
- Last updated
- 3 Oct 2022, 19:16
- Original links
- SAP Concur Blog：How to Increase Expense Policy Compliance in Four Steps (opens in a new tab)Primary source · en · Published 3 Oct 2022, 19:16