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SAP Concur: Efficient Audits Can Strengthen Expense Control

1reports1reporting sources2022-06-29Update

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Expense auditing directly affects compliance and cost control. For business travel managers, combining automation with human review can improve expense report transparency and reduce fraud and compliance risk while controlling audit costs.

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6月29日
  1. SAP Concur Blog
    SAP Concur: Efficient Audits Can Strengthen Expense Control

    A SAP Concur blog post notes that while organizations want to review 100% of expense reports to catch mistakes and fraud, auditing is time-consuming and expensive, so many avoid it. The article argues that skipping audits risks compliance fines, costs from human error and greed, and falling behind amid continuous change. It recommends combining intelligent technology with expert review and embedding intelligent spending reviews into expense processes to improve efficiency and support continuous improvement.