The Business Value of SAP Concur Solutions for Optimizing Travel and Expense Operations
The travel and expense paradigm, as we knew it, is being forced to change as it is beset with global socio-economic uncertainty and dramatic business model changes, including growth in digital-first models and remote working. Today’s finance departments must have the tools capable of helping users improve operational efficiency and enhance the employee/traveler experience even amid such swirling winds of change. As business travel is returning, finance leaders and travel managers will need to be open to upgrading their operational infrastructure.
SAP Concur solutions integrate travel and expense (T&E) processes and data to help organizations manage employee spending on an end-to-end basis, improve transaction visibility, and optimize policy compliance. SAP Concur solutions present finance leaders with extensive capabilities to automate T&E workflows and integrate with other business applications to enrich data flows. Applications from SAP Concur solutions help finance team align the dual priorities of improving control and visibility into administrative areas such as budgeting, forecasting, and T&E policy management while delivering a seamless experience to end users and business travelers. To evaluate the real-world effectiveness of SAP Concur solutions IDC conducted in-depth interviews with several worldwide organizations using the solutions for their business travel and expense reporting and operations.
