How to Maximize Visibility of Low Level and Travel Spend
先了解这件事
For finance and procurement departments, improving visibility into employee-initiated spend can help accurately forecast cash flow, negotiate better supplier terms, and reduce waste and fraud through compliance controls.
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 to Maximize Visibility of Low Level and Travel Spend
A SAP Concur blog post discusses how to maximize visibility of low-level (tail) spend and travel spend by focusing on spend channels. It notes that travel and expense spend is often one of the largest for organizations, typically second behind payroll. Tail spend generally accounts for 20% of a company's total spend but is spread across 80% of suppliers. By using digital technologies to track across all spend channels, companies can create a complete map of committed spend, improving forecasting, cost savings, and compliance.