Business Travel Is Growing. Is Your Expense Policy Ready?

The SAP Concur blog notes that many corporate travel and expense policies are too vague or outdated, leading to duplicate claims, questionable spending, and occasional fraud, while burdening finance teams. It recommends policies be concise, easy to find, and cover specific scenarios such as reimbursement requirements, who pays when multiple employees are present, and preferred suppliers and booking methods. It also promotes its expense policy template and builder tool.