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Are Your Spending Processes, Metrics Up to the Times?

1reports1reporting sources2023-01-10Update

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Businesses need to update spend management metrics and processes to improve accuracy, efficiency, and compliance, adapting to changing economic conditions.

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1月10日
  1. SAP Concur Blog
    Are Your Spending Processes, Metrics Up to the Times?

    A SAP Concur blog post discusses how spending patterns have changed, requiring businesses to adjust processes and KPIs. It recommends using corporate cards over cash, automating receipt management, GPS mileage tracking, and AI auditing. It cites data: SAP Concur solutions average 36% time savings in expense report handling, and manual mileage tracking can overstate miles by 15%.