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Getting Clarity and Compliance as Spending Policies Shift

1reports1reporting sources2022-07-18Update

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A rising spending violation rate and a nearly 22% jump in excessive personal expenses mean companies face higher compliance risk and financial loss. The automated auditing and AI detection capabilities discussed can help finance teams distinguish errors from fraud and adapt more quickly to policy changes.

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7月18日
  1. SAP Concur Blog
    Getting Clarity and Compliance as Spending Policies Shift

    A SAP Concur blog post notes that remote work and disrupted travel led companies to shift spending policies, while supply-chain chaos and inflation further clouded the policy picture. SAP Concur research shows the spending violation rate increased last year and excessive personal expenses jumped nearly 22%. The post recommends automation, AI, and machine learning to strengthen auditing, guide employee compliance, and adapt to policy changes.