SAP Concur: Automated Spend Management and DCAA Compliance for Aerospace and Government Contractors
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Aerospace, defense, and government contractors need to assess whether their spend management systems support DCAA compliance and consider automated controls to reduce non-compliant spend and audit risk.
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- SAP Concur BlogSAP Concur: Automated Spend Management and DCAA Compliance for Aerospace and Government Contractors
SAP Concur published spend management guidance for aerospace, defense, and government contractors, noting they must achieve and maintain DCAA compliance but outdated legacy financial systems make spend visibility, pre-spend control, and compliance enforcement difficult. It recommends modernizing and automating systems, inserting controls at the point of purchase, using AI and machine learning to review expense data, and adopting best practices such as clear T&E policies, ongoing training, pre-spend authorization, policy-built-in online booking tools, and mobile receipt capture.