Spend Compliance and Regulatory Compliance: 50 Shades of Pay (Part 19) [Plus+]

Regulatory compliance alexsokolov/Adobe Stock

In this latest installment of our six-part miniseries on spend compliance, we take a look at how spend data, and more importantly, process data related to the “process of spending” starting with sourcing into buying and paying, can give indications not only of regulatory non-compliance but also of policy non-compliance, as well as other risks that may exist even if not tied to a regulatory mandate or internal policy. So, spend data can highlight both reward and risk — and non-compliance, which is only one type of risk.

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