Guide

6 Ways to Increase Audit Efficiency and Improve Spend Management

6 Ways to Increase Audit Efficiency and Improve Spend Management

Pages 9 Pages

SAP Concur's '6 Ways to Increase Audit Efficiency and Improve Spend Management' tip sheet addresses critical challenges within the energy and utilities sector, such as complex regulatory mandates, VAT reclamation, and fraud prevention. The document introduces SAP Concur's integrated travel, expense, and invoice management solutions, specifically highlighting Intelligent Audit and Concur Detect by Oversight. These solutions combine AI and human expertise to streamline audit processes, identify anomalies, and provide real-time spend visibility. The aim is to help organizations enhance compliance, reduce fraud, capture savings, and gain greater control over expenses, enabling agile and confident financial operations by proactively managing spend as it occurs.

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