Where we are today
In today’s thriving digital economy, travel still represents a massive expenditure for organizations—ranking right behind payroll for many companies. Despite the big money at stake, the travel and expense (T&E) process can be rather cumbersome for both the traveler and for departmental leadership.
Employees on the go can struggle to organize their growing collection of paper receipts and find the time to manually re-enter data for an expense report. Management can struggle to get a clear and consolidated view of where the travel money is being spent, making it a challenge to audit effectively, rein in fraud, and get insights for tax-related decisions.
For many organizations, a fractured travel and expense landscape is less than ideal. New digital tools, including mobile and cloud technologies, help provide an alternative path to the status quo.
Why SAP Concur® Travel & Expense matters
SAP Concur® has emerged as a leader in spending management solutions. Its SAP Concur® Travel & Expense offering can help organizations simplify and integrate the T&E picture, streamlining processes for the employee and delivering new value for the enterprise.
SAP Concur Travel & Expense provides employees with a mobile, cloud-based T&E experience that allows them to capture images of paper receipts, automate data entry, and submit expense reports digitally. It incorporates functionality to support third-party T&E content for travel details and expense billing. For the enterprise, SAP Concur Travel & Expense can help boost employee productivity and satisfaction while delivering a clearer picture to management that can provide insights for operational and strategic decision-making.