What you can't see can cost you

Drive compliance and achieve that unparalleled speed to insight on your spend data today

The growing transformation of employee-initiated spend

Employees today are spending more money across more spend categories and using more payment methods than ever before. Additionally, suppliers are developing direct and personal relationships with your employees, and the consumer-like technology used to make purchases is the new normal.

The influx of channels of employee spend creates numerous points of potential risk for accidental or intentional policy violations and fraud without a capacity to capture spend across all categories and from all suppliers.

But how should organisations react?

You can't control what you can't see

You can't control what you can't see

What makes visibility and cost control impossible is organisations that lack a strong spend management system. When employees violate travel and expense policies it can expose organisations to avoidable risks and have a significant impact to the bottom line.

What more could you be doing to protect your organisation from the risks around employee-initiated spend?

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Celcom Transforms Expense Management Saves RM3.4 Million (US$833,000) Anually

“Concur Expense has transformed our expense claims processes - removing human error, giving hours of lost productivity back to personnel, and cutting non-compliant claims to less than 8 percent while reducing costs.”

– Dr. Hari Nair, Head of Human Capital Transformation, Celcom

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Stop making decisions in the dark: Find the story in your data

Business is a numbers game, and whether you're in charge of tracking the numbers or making sense of them, it can be tricky to tell a story your business can follow.

With so much data streaming in across areas of the business, do you have crystal clear visibility into areas of your business spend and how they impact each other?

Watch this video to learn how you can organise and use your data to make business decisions based on facts, not assumptions.

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