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Spend Insights: How the Pandemic Has Altered Spend Patterns and Introduced New Business Risks

Spend Insights: How the Pandemic Has Altered Spend Patterns and Introduced New Business Risks

Spend Insights: How the Pandemic Has Altered Spend Patterns and Introduced New Business Risks

 

The pandemic has disrupted business practically overnight in 2020, mandating remote work and grounding nearly all travel. While business travel starts increasing in 2021, many organizations around the world are planning to continue remote or hybrid working model to a certain degree. 

This abrupt shift to remote work has been a primary driver of spend patterns that introduced new types of risk.

In this report, we review changing spend patterns and spending behaviors using actual business-spend data and highlight the expense-types that organizations should closely monitor to manage risk effectively. 

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