Why SAP Continues to be a T&E Solutions Leader

But what means more than the recognition in the recent IDC MarketScape: Worldwide SaaS and Cloud Enabled Travel and Expense Applications for Enterprise 2022-2023 Vendor Assessment (doc # US49022122, December 2022) report are the reasons we remain a Leader . They’re reasons worth close examination for businesses seeking travel & expense technology to meet their needs now and in the future. And, together, they’re among the ways our scalable, flexible solutions can help turn each spending decision into a moment of confidence. 

Let’s look at what the IDC MarketScape is seeing in the market and then at a tool to help you assess your current travel & expense capabilities. 

How is travel & expense changing? 

Informed by its research, IDC MarketScape identifies a number of market trends. 

• A still-growing emphasis on health and safety 

• A rising focus on sustainability and diversity 

• Greater in-company travel to bring teams together as remote work increases 

• A desire for fully digital solutions that employees find easy to use 

• Great acceptance of corporate cards, improving both control and traveler experience 

How can we meet changing T&E needs? 

Safe and sustainable travel. From booking choices that guide travelers to greener flights to in-app resources that keep employees apprised of health and location concerns, SAP® Concur® solutions can help keep the team safe and satisfy sustainability goals. A mobile app can snap pictures of receipts and send information straight to expense reports – shortening wasteful paper trails.  

Seamless and digital. From pre-approvals to booking to taking in purchase information to expense reports and invoicing, our solutions are fully digital and connected to one another. Data seamlessly moves across solutions and other company systems, using dashboards and other tools to provide an accurate financial picture and accelerate decision-making.  

Changing workplaces. More employees doing some or all work remotely is just one change the past few years brought. One consequence is more companies bringing employees together in person to build teams and foster culture. Just as our solutions can accommodate travel to meet customers, they can manage these in-company trips. The pandemic also reinforced the need for automation and tools to conduct business remotely. Greater use of corporate cards is an example, providing advantages ranging from quickly feeding expenses onto ledgers to increasing policy compliance. 

Assess your current T&E solutions 

Understanding the state of the travel & expense market is helpful. The next step to consider hits closer to home: assessing the state of your company’s solutions and processes. 

Knowing the right questions to ask can be time-consuming on your own, so we created an Travel & Expense Maturity Assessment tool to help determine where your stand. 

Here’s what the tool involves: 

• Questions. Subjects range from booking to the automation of expense reporting to whether your current systems link to your ERP. 

• Goals. Name your top T&E goals for the year ahead, and you’ll be guided to targeted questions that can help find a path to reaching them.    

• Recommendations. Receive suggestions that take aim at your goals, such as how increasing use of corporate cards can help reduce noncompliant spending. Learn, too, how your business compares to what others are doing. 

Understand T&E market and where you stand 

Download the IDC MarketScape excerpt to better understand the T&E market and questions to ask about technology solutions.  With that knowledge in hand, use our Travel & Expense Maturity Assessment tool to learn where your  current practices stand and how you can gain efficiency with SAP Concur solutions.