Travel and Expense
How SAP Concur Solutions Transformed Expense Management for Conquest Equipment
In a fast-paced business, growth can come with challenges, especially if it outpaces the capabilities of the current operational systems. This was the experience of Conquest Equipment — a leading provider of construction equipment.
When the company expanded into heavy-duty equipment sales across North America, leaders quickly realized that a reassessment of financial management and expense tracking processes was required. How did they manage it? With the help of SAP Concur solutions.
The Challenge of Growth
Conquest Equipment had been established in the construction equipment industry for two decades, primarily offering compaction equipment rentals and sales. However, as the company expanded into new territories and diversified its offerings, it encountered a rush in transactions, employee expenses, and financial data that strained its existing systems. Ruth Wall, Senior Bookkeeper at Conquest Equipment, recalls the challenges: "We were using a platform that allowed our cardholders to take pictures of expenses, but there was no efficient way of integrating that data into our accounting program.”
A Game-Changing Solution
Recognizing the need for a more streamlined approach, Ruth Wall turned to SAP Concur solutions, specifically Concur Expense, to address the growing challenges. The implementation marked a pivotal moment for Conquest Equipment, revolutionizing its approach to financial reporting and expense tracking.
Efficiency Through Integration
One of the key features that immediately improved Conquest Equipment's situation was the direct credit card integration offered by Concur Expense. This integration significantly reduced manual data entry, saving valuable time, and enhancing accuracy. With the mobile-friendly interface, Conquest Equipment's sales team could seamlessly upload receipts on the go, ensuring compliance and reducing the risk of lost receipts. Additionally, old receipts became easily accessible, further streamlining auditing processes.
Time Saved, Opportunities Seized
For Ruth Wall and team, the adoption of SAP Concur solutions translated into tangible time savings and operational efficiencies. By automating and simplifying expense management, Concur Expense enabled the company to focus more on strategic decision-making and capitalize on growth opportunities. Ruth Wall emphasizes, "The results were game-changing.”
The Conquest Equipment case study exemplifies the transformative power of SAP Concur solutions in driving operational efficiencies and supporting growth initiatives.
Check out the case study to gain more insights or contact us today to learn more.
