Unpacking “Other” Spend Categories for Post-Pandemic Resilience
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Organisations are preparing for an increase in expense volume as restrictions surrounding travel begin to lift and working from home becomes the new normal for many.
Understanding the top areas of spend for your organization enables strategic planning and resilience so your organisation can have the right policies in place to help reduce non-compliant spend and minimise potential fraud exposure.
Join SAP Concur experts as they help you explore how to unpack the “other” spend category for your organisation.
You’ll gain their expert recommendations on how to:
- Evaluate YOY increase/decrease in expense/GL categories
- Identify high-risk spend categories
- Evaluate controls around “Other/Miscellaneous” spend categories
- Adjust configuration based upon spend behavior changes
As organisations continue to adjust to new norms around regulatory scrutiny and pressure from disruptive competitors with rapidly advancing technology, there is a great need for controls and visibility into employee spend.