How Automating Spend Management Helps States, Cities, and Counties Increase Compliance and Reduce Risk
By taking advantage of automation and machine learning to manage expenses and invoices, Cities and Counties can reduce operational costs, prevent improper payments, identify fraud, and free employees up to spend more time serving the public.
As City and County government employees return to their offices, many back-office teams will be faced with large amounts of paper to process, therefore increasing the time to recover and return to normal operations. By quickly implementing an automated, touchless solution, you can enable the remote management of key financial processes that could deliver substantial cost savings.
A recent Kelton Global study surveyed 162 financial decision-makers working in the state, city, and local government and found that despite their best efforts, government organizations are struggling to be compliant. Additionally, these organizations are tasked to minimize mistakes and fraud, which are in large part due to error-prone, disconnected systems, outdated technology, and manual processes. Many financial decision makers who have integrated fully automated solutions have shown that their organizations are more efficient in managing budgets, better at remaining compliant, and protecting themselves from errors.
Download this eBook to learn how automating invoice and expense processes can help mitigate errors, improve efficiencies and compliance. For more information, visit State and Local Government at SAP Concur.
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