SAP Concur Outlines Six Best Practices for CME Spend Management in Healthcare
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CME spend in healthcare organizations involves compliance, budget control, and duty of care, and high direct-booking rates reduce spend visibility. For travel and expense managers, integrating multi-channel booking data and automating audits can reduce overspend and fraud risk.
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- SAP Concur BlogSAP Concur Outlines Six Best Practices for CME Spend Management in Healthcare
SAP Concur's blog outlines six best practices for managing Continuing Medical Education (CME) spend in healthcare, covering fair expense policies, compliance tools, regular budget balance communications, audit plans, visibility into out-of-system bookings, and simplified expense reporting. The article notes CME is critical for healthcare providers' licensure, yet travel and expense management is complex, with about 45% of CME hotel bookings made through direct channels, challenging compliance and duty of care.