Rethinking compliance in 2021: implications for the private sector

COVID-19 has forever altered the business landscape when it comes to organisational compliance for travel and expenditure. For publicly listed companies especially, there is a significant burden to accurately track and manage spend. While the nature of organisational spending may have changed during the pandemic, the fact remains that business-related spending still occurs. Add to this the lack of physical oversight as workforces became geographically dispersed and it becomes clear that the need for visibility and compliance remains; however, the way in which it is achieved must evolve.

SAP Concur invited senior finance leaders from key Australian private sector organisations to discuss the changing meaning of compliance and the implications of this for enterprise in 2021 and beyond. This whitepaper aggregates and explores their opinions.