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Digital Transformation in Aerospace, Defense, and Government Contracting: How T&E Modernization Imp…

1reports1reporting sources2025-01-14Update

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This highly regulated industry requires T&E modernization for compliance and efficiency; automation reduces audit risks.

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1月14日
  1. SAP Concur Blog
    Digital Transformation in Aerospace, Defense, and Government Contracting: How T&E Modernization Imp…

    A SAP Concur blog post explores digital transformation of travel and expense (T&E) management in the aerospace, defense, and government contracting industry. Research suggests inefficiencies in T&E management can lead to as many as 20% of expense reports being delayed or lost, heightening the risk of triggering Defense Contract Audit Agency (DCAA) audit issues. An IDC report found 90% of decision-makers see room to improve spend controls. The article recommends modern T&E solutions with FedRAMP moderate certification, multi-factor authentication, and encrypted data transmission, and emphasizes change management best practices.