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Share SAP Concur is adding a new auditing capability to Concur Expense that checks all expense reports for potential issues and irregularities. Dubbed Verify, the tool uses artificial intelligence models based on more than $1 trillion in historical spending data within Concur's platform, along with machine learning, to automatically flag anomalies for review by human auditors, according to the company. Verify will roll out in the third quarter of 2021 as an add-on service to Concur Expense, the company said.  The Covid-19-fuelled rise of policies permitting work from home—a...

More travel executives get their mission-critical industry news from Skift than any other source on the planet.Tell me more Open booking, where employees can book outside the company’s official travel program, had been steadily growing. Part of the momentum is still down to more sophisticated technology, so direct bookings can be captured, with the likes of TripLink, part of travel and expense platform SAP Concur, and Traxo, playing a part. However, the pandemic may be starting to impact this as Covid-19 cases still spiral in some destinations. Now, SAP Concur is exerting more control, by a...

ATLANTA--(BUSINESS WIRE)--Jan 25, 2021-- , the global leader in spend management and risk mitigation technology, today announced the expansion of its relationship with SAP® Concur®, the world’s leading brand for integrated travel, expense, and invoice management. Oversight joins the SAP Concur partner program as a solution extension partner with the launch of Concur® Detect by Oversight. This new SAP Concur offering leverages Oversight’s audit solutions for travel and expense and purchase card programs to help organizations manage and optimize spend. Oversight’s AI-powered technology...

Adobe Stock President Joe Biden is set to sign an executive order on Monday imposing tougher restrictions on government procurement practices in an effort to increase purchases of American products, according to the Wall Street Journal. The move is one step toward fulfilling the Buy American campaign to focus on strengthening domestic manufacturing. The policies include tightening government procurement rules to accomplish three goals: making it more difficult for federal agencies to purchase imported products, revising the definition of American-made products and raising local-cont...