How CFOs Can Manage Out of Control Employee Spend
先了解这件事
Increasing employee-initiated spend reduces spend visibility and raises compliance risks; CFOs need to integrate data and improve transparency to control costs and optimize supplier negotiations.
AI 根据报道生成
报道时间线
沿着报道，了解事件的不同侧面。
- SAP Concur BlogHow CFOs Can Manage Out of Control Employee Spend
An SAP Concur blog post notes that employee-initiated spend has shifted from company control to employee control, causing havoc on managed travel and expense programs. It cites a Phocuswright study showing only 36% of surveyed travelers use their approved corporate booking tool to book hotels, airfare, and rental cars, resulting in significant 'invisible spend.' SAP Concur processed 238 million such transactions worth nearly $109 billion last year. The article advises CFOs to improve spend visibility to save costs, enhance compliance, mitigate fraud, and improve supplier negotiation positions.