How to create an effective business continuity plan

If there’s one lesson unexpected circumstances like natural disasters, sudden sales drops or spikes, and economic changes have imparted, it’s that businesses must be prepared for anything. Challenging times can appear suddenly and managing business means managing change. A moment in time can change the course of the future. Previously, that meant planning ahead for network outages that could leave employees unable to access work-critical applications or boosting security measures to prevent cyberattacks. If larger, unprecedented events happen, companies may be forced to quickly reinvent their business models, shift to remote work, or find new ways to operate while trying to minimise disruption. It’s safe to say that these days, business continuity looks and feels a little different and a lot more uncertain. 

The silver lining? Businesses now understand that being predictive and proactive is key to success and that having a detailed business continuity and disaster recovery plan in place is essential. It’s also critical to have technological systems in place to support and enable your company and employees in the face of rapidly changing conditions. 

SAP Concur solutions experts and TransferMate have come together to share tips on business continuity planning and help you understand how you can disaster-proof your business for the future, turning moments of unexpected change into moments of opportunity. We’ve also included a helpful template that you can copy and customise.