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SAP Concur Podcast Discusses AI's Role in Finance Digital Revolution

1reports1reporting sources2022-06-29Update

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For finance and travel managers, this content explains the value of AI in spend management, compliance, and fraud detection, and highlights new spend management challenges facing companies post-pandemic, such as unused tickets and gift card purchases.

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6月29日
  1. SAP Concur Blog
    SAP Concur Podcast Discusses AI's Role in Finance Digital Revolution

    SAP Concur published a podcast conversation between former SAP Concur executives Mike Eberhard and Chris Juneau, and Jeanne Dion, discussing the impact of technology on finance and accounting. The conversation covers the evolution from GUI to SaaS, smartphones, and now AI and machine learning. They note that AI is uniquely suited for pattern identification, helping finance professionals focus on strategic tasks and address challenges like compliance and fraud detection. The conversation also mentions that during the pandemic, cases of noncompliance or potential fraud increased by over 200%, and issues such as unused tickets, gift card purchases, and excessive mileage reimbursement.