Travel and Expense
Why So Many Businesses are Digitizing Spend Management This Year
"In this current environment, having visibility into critical spending information that impacts cash flow, such as expense reports and vendor invoices, can make a difference in terms of survival or how quickly companies can return to a stable position and be better prepared for the future." - Bryan Ball, VP and Group Director, Aberdeen
From expense management and invoicing to travel and mileage tracking, SAP Concur solutions unify all spend data on a single platform, allowing you to:
- Better manage cash flow
- Increase business agility
- Integrate spend management enterprise-wide
- Allow employees to work from anywhere
- Tighten spend oversight and reduce the risk of errors and fraud
Stay on top of what’s coming in—and going out—at a glance
Cash flow management is more than tracking the money coming in. SAP Concur solutions help you stay on top of the money going out, giving you visibility into every purchase—from home office equipment to meals, travel bookings, mileage reimbursements, supplies, and services. Our solutions can also speed up invoice processing, so you can maximize on vendor promotions and early-payment discounts.
See all your spend—no matter when or where it happens
By breaking down spending by department, employees, category, and time period, you can close any gaps and help ensure you have the cash to respond to market changes and fluctuating customer demands.
But will it work with my ERP?
Absolutely. In addition to fully integrating with each other, SAP Concur Expense, Travel and Invoice solutions work with more than 50 of the leading ERP and finance applications on the market. This means that on top of getting automated, integrated spend management, you can also take advantage of all that spend data to make better decisions about budget and other finance operations across your business.
Ease of use is built right in
Whether they submit the occasional expense report or dive deep into expense, invoice, and travel management on a daily basis, SAP Concur solutions make it simple for your people to do what they need to do from anywhere. Compliance policies are built into every transaction so incorrect or noncompliant entries are flagged before they can be submitted—saving time for managers, auditors, and accounts payable.
