Internal auditing is essential for effective fraud risk management, especially in areas like travel and expense management, where risks of unauthorized or inappropriate spending are high.But, the way internal audits are conducted has changed significantly over the past decades, transforming from a traditional compliance function to a proactive strategy for identifying and mitigating fraud risks.Evolution of Internal AuditingWith advancements in digital technology, auditing has moved beyond manual processes to embrace automation, data analytics, and real-time reporting. These tools allow internal auditors to monitor spending continuously, making it easier to detect discrepancies or irregularities as they occur.The best way to conduct internal audits is to review 100% of expense reports. However, doing that manually is exhaustive, costing staff time and money. Modern automated solutions like those offered by SAP Concur can provide real-time analytics and enhanced visibility into expense