Travel and entertainment expense management and GRC
Organisations are beset with the need to meet GRC criteria defined by internal and external policies. Failing to meet such criteria can result in business and legal impacts ranging from time wasted sorting out minor issues to major issues that can lead to financial penalties, brand damage and employee dissatisfaction. Although travel and entertainment (T&E) expense management is often seen as being of low importance in terms of overall governance, regulation and compliance, poorly managed T&E can lead to unforeseen issues that can have long term business impact.
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