Description

Long tail spend creeps into procurement offices often without notice, through unexpected spend channels. The volume of non-travel spend seeping in through expense reports is often misunderstood or unknown and can hit a cost center without much oversight. Ad hoc spend via non-standardized payment channels trickles down into larger finance challenges across posting and journal entries, cost center budget management, or even to unapproved suppliers. All of this can be managed more effectively. The session addresses:

• spend channel insight and control
• ways to encourage collaboration and information sharing
• opportunities to more effectively control long tail spend while reducing resource effort

Key takeaways:

• Learn best practices for controlling and managing long tail spend that can be applied to any program.
• Compliance to spend policies improves with the right business processes defined.
• Clearly defined and articulated spend channel usage reduces risk, increases compliance and drives cost reduction. 

This 50-minute presentation is of special interest to card program administrators, finance leaders, A/P administrators and procurement agents.

Jeanne Dion
Director, Value Experience Delivery
SAP Concur

Jeanne Dion is the director of SAP Concur’s Value Experience Delivery team. In her 10+ years at SAP Concur, she has focused on helping customers solve their business challenges whether as an implementation consultant for the travel, expense and invoice processing tools or as a value consultant using data and customer input to redefine and reimagine their programs and platform for positive business outcomes. Prior to SAP Concur, Jeanne was a corporate accounting operations manager for a multinational biotech company responsible for accounts payable, expense, travel, procurement cards, time collection and payroll processes and functions. Her knowledge of finance and procurement processes have helped organizations reduce waste, increase compliance and gain process efficiencies that affect the bottom line. Jeanne has presented at multiple conferences and webinars on programmatic and process improvements topics and is a recurring topic expert and host for the “SAP Concur Conversations” podcast series.

Original Presentation Date