The Cost of Doing Nothing: 3 spend management trends that may be costing you

3 spend management trends that may be costing you

As employee spending becomes more dispersed and falls outside formal programs, it becomes more difficult to track. 

This infographic is a data-rich snapshot of the top three trends influencing poor visibility into spend and may be costing your organization more than you realize. 

A few highlights:

  • An 81% increase in out-of-pocket spend from 2022 to 20231
  • 50% of CFOs cite regulatory compliance as their top external challenge2
  • More than 3 in 5 CFOs see AI as an essential tool in managing the unexpected2

Download this infographic to learn more!

 

1Forrester Report: Empower the Future of Work with Intelligent Travel and Expense Solutions, 2023

2CFO Insights Report: A New Role in Managing Uncertainty, 2023