Most survey respondents use fixed Per Diem allowances, typically using government rates as the cap. However, multiple methods are often used to validate these expenses. Effectively managing Per Diem allowances is essential to controlling project costs and ensuring compliance, especially when 60% of respondents must validate claims by location and travel dates, and many rely on audits and approvals to prevent misuse.

Ready to elevate your strategic decision-making? Join our webinar on September 9th at 1:00 pm EDT, to explore the newly enhanced PowerBI CAPS Metrics Dashboard, featuring five years of comprehensive supply management performance data. 

When the business engages the supply management group in purchasing and sourcing, it can increase savings, better leverage organizational spend, negotiate stronger contracts, and reduce supplier risk. Managed spend, as a percentage of sourceable spend, serves as a primary indicator of a company’s ability to capture value from the supply management process.

Read How Supplier Diversity Programs Are Changing + New ERP Quick Poll, & Sourcing Benchmarks. Register for the upcoming webinar, Rewriting the Rules of Global Trade & Sustainability