Understanding Spend Management Challenges Across UK Sports Organisations

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Fragmented Spend Tracking and Limited Financial Visibility
UK sports organisations face inconsistent expense tracking, frequent budget overruns, and limited real-time spend visibility. Manual receipt processing eats into finance-team time, while missing receipts risk VAT leakage. Slow invoice cycles, poor departmental spend control, and recurring non-compliant spending add further strain and underuse of historical data leaves unexpected costs and revenue strategies poorly understood.
A Comprehensive Survey to Benchmark Financial Practices Across the Sports Sector

A structured quantitative survey assessed financial management across UK sports organisations covering expense-tracking methods, spend-review frequency, budget overruns, and visibility levels, along with receipt-processing time, VAT leakage, and invoice cycles. It also examined departmental spend control, non-compliant spending, use of historical data for forecasting, and avoidable unexpected costs, while mapping revenue sources and gathering perceptions on audit trails, system integration, and policy enforcement.
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