The pandemic and hybrid work shifted employee spending behavior and companies shifted policies to keep up. Our 2021 spend insights found out that there was a 21.8% increase in excessive personal expense violations, compared to 2020.
At the same time, businesses are trying to determine what¡¯s a taxable employee benefits as governments hunt for revenue and revenue authorities push companies to change how they handle taxes. According to our recent pulse survey, 100% of finance managers say their jobs are getting harder due to staffing shortages and additional auditing and paperwork.
SAP ÂÜÀòÊÓƵ solutions can help. Our products can reduce non-compliant spend, raise regulatory compliance, improve budgetary controls, and increase the efficiency of AP and auditing. Download the brochure to learn how our products can address your finance team¡¯s concerns, improve productivity and efficiency, and enhance your compliance and spend management.