Skip to content

All updates

Today0items
Sep 22Mon
  1. SAP Concur Blog

    SAP Concur Publishes FAQ Guide on Employee Expense Reimbursements

    SAP Concur published an FAQ guide on employee expense reimbursements, covering definitions, reimbursable expenses, receipt requirements, payment methods, timelines, tax treatment and alternatives. The guide states reimbursement amounts should exactly match expenses, employees must provide itemised receipts, reimbursements are not considered income for employees and are not taxable, and businesses can treat reimbursements as expenditures that may reduce tax liability. Alternatives include advances, per diems, corporate cards and purchasing cards.

  2. SAP Concur Blog

    SAP Concur Publishes Guide on Calculating and Tracking Mileage

    SAP Concur published an article on mileage calculation and tracking methods, including standard rate, actual expense, GPS apps and odometer. The article notes the IRS sets the standard mileage rate annually, at 70 cents per mile from 1 January 2025. The reimbursement formula is total business miles multiplied by the reimbursement rate. It recommends using the Drive app to automatically upload to Concur Expense and emphasises records should be timely, detailed and accurate.

Sep 15Mon
  1. SAP Concur Blog

    SAP Concur upgrades travel and expense platform capabilities

    SAP Concur released the eBook Leading the Charge, Leading the Change in Travel Management, outlining modernization of its travel platform. Concur Travel improved car rental, hotel, air and rail content, with air connectivity ensuring full content access including GDS, NDC, EDIFACT and aggregators. AI and machine learning identify booking patterns and spot potential fraud and policy violations; the Joule AI assistant personalizes flight recommendations; Request Assistant uses generative AI for trip cost estimates; and ExpenseIt analyzes hotel folios. New virtual card payments for hotels add spending controls and visibility.

Sep 9Tue
  1. SAP Concur Blog

    SAP Concur: Eight Key Questions to Review Your T&E Program

    SAP Concur published a blog urging finance leaders to periodically review their travel and expense (T&E) programs, offering eight key questions: whether T&E is defined consistently, whether spend can be managed in hybrid and remote settings, spend agility, fraud reduction, whether compliance protects both company and employees, whether the T&E system needs change, whether employees will actually follow the expense policy, and whether the right tools measure success. It notes employees use more payment methods and categories, and that without visibility and controls, spend data scatters, compliance slips and costs rise, citing that companies lose an average of 5% of annual revenue to fraud.

Sep 3Wed
  1. SAP Concur Blog

    Finance Resilience Strategies: Cost Control + Spend Visibility

    SAP Concur blog post offers four finance resilience strategies for CFOs: controlling costs, building certainty through compliance automation and spend visibility, learning from peers, and aligning finance with business strategy. It notes that 59% of finance leaders are frustrated by lack of spend data visibility and emphasizes measures such as automating invoice processing and centralizing spend data.

Aug 28Thu
  1. SAP Concur Blog

    Energy & Utilities Face Rising T&E Automation Compliance Pressure

    A SAP Concur blog post notes that energy and utilities companies must comply with safety mandates such as NERC Critical Infrastructure Protection standards and sustainability guidelines including CDP, SASB and GRI. A survey found 34% say their current T&E solution will not meet evolving requirements over the next two years, 33% use a solution without sustainability tracking, and 44% treat sustainability data capture as a requirement of their T&E solution. The post argues automation and AI can cut manual errors, strengthen audit and cybersecurity, citing SAP Concur data that AP automation saves 12 hours per week per finance employee.

  2. SAP Concur Blog

    The Critical Role of Compliance Teams in Corporate Governance

    A SAP Concur blog post argues corporate compliance has moved from a back-office function to a business imperative. 77% of business leaders say detecting and managing risk is at an all-time high and nearly three-quarters worry they are falling behind. It outlines compliance team roles (officers, auditors, legal advisors, analysts) and responsibilities spanning regulatory compliance, policy development, risk assessment, monitoring, training and incident response, citing ACFE data that organizations lose up to 5% of annual revenue to fraud.

  3. SAP Concur Blog

    How Smarter Spend Management Supports AML Compliance

    A SAP Concur blog post states financial crime accounts for up to 5% of global GDP, with an estimated $800 billion to $2 trillion laundered annually. In the U.S., financial institutions face penalties of up to $500,000 per violation. It says organizations handling international travel, cross-border payments or complex expense categories must comply with AML rules, and describes how real-time transaction monitoring, enhanced due diligence, intelligent risk assessment and simplified reporting can reduce compliance risk.

Aug 27Wed
Aug 26Tue
Aug 20Wed
  1. SAP Concur Blog

    SAP Concur Publishes Practical Guide to Business Expense Management for SMBs

    SAP Concur published a guide for small and midsize businesses on managing business expenses, noting that SMBs can be overwhelmed by expense data without a systematic approach. The guide defines business expenses and categorizes them, including operating expenses, payroll, office supplies, professional services, insurance, software subscriptions and travel expenses, while distinguishing capital expenses. It highlights the inefficiency and risks of spreadsheet-based management, such as manual entry errors, outdated data, delayed reimbursement, and elevated policy-violation and fraud risk, and recommends separating business and personal finances, standardizing expense categories, adopting mobi…

Aug 18Mon
  1. SAP Concur Blog

    Why Mid-Market Finance Leaders Are Rethinking Expense Policies

    SAP Concur argues that amid hybrid work, rising compliance risks and tighter margins, expense policies are shifting from paperwork to a strategic asset. It lists three signs of an outdated policy: teams still emailing spreadsheets to claim mileage, frequent employee questions about whether a claim is allowed, and finance discovering out-of-policy spend after the money is gone. Outdated policies lead to inconsistent tax and audit compliance, employee confusion over reimbursables, manual processes that delay reporting and skew forecasting, and hidden overspend in decentralized or remote teams. The article recommends clear guidelines, automated workflows, real-time spend visibility and flexibl…

  2. SAP Concur Blog

    5 Smart Steps to Strategic Spend Management for Growing Businesses

    SAP Concur published five steps for strategic spend management in growing businesses: understand the business impact of spend management, build flexibility into processes, give everyone real-time insight into spending, simplify and automate compliant spending, and align spend strategy with broader business goals. The article cites Ben Wright of Oxford Economics saying a spend-management strategy is critical not only to control costs but to potentially drive growth and profitability. It recommends mapping spending rules to goals such as cashflow resilience and sustainable travel, including eco-friendly travel options in booking tools, enabling mobile receipt capture, and integrating expense,…

Aug 14Thu
  1. SAP Concur Blog

    SAP Concur Guide to Crafting a Vendor Invoice Policy

    SAP Concur published a guide to help accounts payable teams craft a vendor invoice policy. It notes that without a written policy, AP staff burn hours hunting for approvals, correcting coding errors and untangling exceptions. A clear company-wide standard speeds approvals, reduces the risk of lost, late or duplicate invoices, and strengthens vendor relationships through on-time payments and fewer disputes. The article offers seven tips: invite participation from finance, IT and business units; prepare for objections; streamline vendor workflows by encouraging emailed PDFs and ACH payments; post the policy on the intranet and require annual e-sign-off; run a broad review for clarity; optimiz…

Aug 8Fri
  1. SAP Concur Blog

    How a Spend Management App Can Transform Business Expense Control

    SAP Concur explains how mobile spend management apps improve business expense control. It notes that relying on paper receipts and manual tracking leads to lost documentation, delayed reimbursement, errors and non-compliant claims. Mobile spend management software enables instant capture and categorization of expenses, real-time syncing with cloud financial systems, faster travel booking, approvals and reimbursement cycles, and better visibility into spending trends. ExpenseIt uses OCR, machine learning and generative AI to read receipts and categorize expenses, while Concur Detect automatically checks expenses against company policies. SAP Concur cites data showing a 47% reduction in missi…

  2. SAP Concur Blog

    SAP Concur: Why Spend Visibility Matters in Business Management

    SAP Concur highlights the importance of spend visibility in business management. It says companies with deep insight into how, where and why money is spent have a major advantage in controlling costs, and that spend visibility is the foundation of good financial management, helping identify cost-reduction opportunities, optimize budgets and make strategic decisions. Without visibility, organizations may struggle with low-return or redundant spending and, in increasingly complex regulatory environments, face policy violations, audit red flags, financial penalties and reputational damage. The article also notes challenges from fragmented data, inconsistent cross-department categorization, lag…

Aug 6Wed
  1. SAP Concur Blog

    SAP Concur Outlines Sustainable Growth and Travel Expense Management

    A SAP Concur blog post discusses the definition and implementation of sustainable growth, emphasizing a balance of environmental, social, and economic considerations. It notes that the Sustainable Growth Rate (SGR) measures a company's maximum growth without financial leverage, and describes how SAP Concur solutions support sustainable development in travel and expense management through automation, green labels, and carbon budgets.

Aug 5Tue
  1. SAP Concur Blog

    How Nonprofits Can Benefit from Modernizing Expense Management

    A SAP Concur blog post discusses the unique expense management challenges nonprofits face, including donor transparency requirements, compliance complexity, multiple funding source restrictions, and limited resources. It recommends adopting automated expense management solutions, such as SAP Concur's cloud platform, to improve transparency, reduce administrative burden, and ensure compliance.

  2. SAP Concur Blog

    How State and Local Governments Can Improve Taxpayer Trust with Automated Compliance

    A SAP Concur blog post discusses challenges U.S. state and local governments face in expense management, including outdated systems, manual processes, and compliance risks. Citing Wakefield Research data, it notes 29% of industry leaders use outdated T&E solutions and 30% use outdated accounts payable solutions. It recommends automated systems to improve transparency, security, and efficiency.

  3. SAP Concur Blog

    Why Healthcare Organizations Need Modern Spend Management

    A SAP Concur blog post discusses challenges healthcare organizations face in spend management, including strict regulations, manual processes, and compliance risks. Citing Wakefield Research data, it notes 29% of healthcare leaders say their T&E solution relies on manual data entry, and 22% know their T&E solution does not meet regulatory requirements. It recommends automated systems to improve compliance, reduce errors, and enhance employee satisfaction.

Aug 4Mon
  1. SAP Concur Blog

    How Aerospace, Defense, and Government Contractors Manage Compliance Risk with Automation

    A SAP Concur blog post discusses strict compliance requirements aerospace, defense, and government contracting organizations face in spend management. Citing Wakefield Research data, it notes 37% of government contractors say their T&E solution lacks real-time visibility, and 40% say the same for their AP solution. It recommends automated systems to improve compliance, reduce risk, and enhance financial reporting.

  2. SAP Concur Blog

    How AI is Transforming Spend Management: SAP Concur's Approach

    A SAP Concur blog post discusses practical applications of AI in spend management, including auto-categorizing transactions, identifying duplicate submissions and potential fraud, matching receipts to credit card charges, and recommending policy-compliant alternatives. Citing McKinsey, it notes AI could create up to $4.4 trillion in annual global economic value, 92% of companies are increasing AI investment, but only 1% consider themselves mature in their AI approach.

Jul 31Thu
  1. SAP Concur Blog

    Risks of Non-Compliance and Mitigation Strategies: SAP Concur's View

    A SAP Concur blog post discusses the risks of corporate non-compliance, including legal and financial consequences, reputational damage, operational disruptions, and fraud and financial loss. Citing ACFE data, it notes about 5% of revenue is lost to occupational fraud annually, with a median loss of $145,500. It recommends clear policies, formal approval workflows, automated compliance tools, and employee training.

  2. SAP Concur Blog

    How Expense Process Improvement Boosts Productivity: SAP Concur Analysis

    A SAP Concur blog post discusses the impact of expense process improvement on productivity. It notes that manual expense processes consume significant employee time, create cognitive load, and affect team collaboration and organizational efficiency. It recommends automated expense management solutions, such as ExpenseIt, to automatically capture and categorize receipts, streamline approvals, and provide real-time data visibility.

Jul 21Mon
  1. SAP Concur Blog

    SAP Concur releases guide for finance leaders on AI return-on-investment

    SAP Concur released a guide for finance leaders on AI return-on-investment, covering AI terminology, AI-powered spend management features and steps to accelerate ROI. The article states companies using its solutions report a 92% audit automation rate and expense report approval times under two days. SAP Concur offers AI-powered solutions including Concur Travel, Concur Expense, ExpenseIt and Concur Invoice, citing data showing AI reduces travel booking time by 19.2% and improves policy compliance by 78%.

Jul 17Thu
  1. SAP Concur Blog

    SAP Concur launches Booking Agent and consumer-grade travel features at GBTA 2025

    SAP Concur announced new features at the GBTA Convention in Denver, including the Booking Agent conversational booking tool that generates policy-compliant itineraries, available to early adopters in August with general availability planned for Q4. Concur Request adds budget authorization supporting single requests covering multiple trips or employees, plus travel advisories powered by Riskline. Trip Extras offers third-party travel services, initially ground transportation with Groundspan, available to early adopters in August with general availability planned for Q4.

Jul 10Thu
  1. SAP Concur Blog

    SAP Concur Launches Cloud Platform for Public Sector

    SAP Concur launched Concur Cloud for Public Sector, a commercial-grade, government-ready platform for delivering Concur Travel and Expense solutions to public sector and other highly regulated organizations. The platform is FedRAMP Moderate Authorized, NIST 800-53 compliant, and hosted on AWS GovCloud (U.S.). SAP Concur noted that in 2024 the federal government reported over $162 billion in improper payments, many linked to outdated systems and fragmented T&E management. Finance teams using integrated platforms report 8% higher satisfaction with expense visibility and 6% higher satisfaction with control capabilities. 71% of organizations cite enhanced data protection as a top benefit of mod…

Jul 8Tue
  1. SAP Concur Blog

    SAP Concur Details Security and Compliance of Public Sector Cloud Platform

    SAP Concur published an article detailing the security and compliance features of Concur Cloud for Public Sector. The platform is a FedRAMP Authorized software-as-a-service (SaaS) hosting various commercial SAP Concur solutions, such as Concur Travel and Expense, meeting or exceeding the security needed to protect data. Built specifically for public sector and other highly regulated organizations, it provides encryption, detailed access controls, and strong audit features. Security features include: FedRAMP Moderate authorization, hosted on AWS GovCloud, NIST 800-53 compliance, real-time monitoring, MFA, audit-ready logs, role-based access, SSO, SAML 2.0, centralized logging, and ITAR rules…

Jul 3Thu
  1. SAP Concur Blog

    Maximizing Public Funds for State and Local Government Isn't About Cuts — It's About Visibility

    SAP Concur's blog emphasizes that state and local governments should maximize public funds through spend visibility, not just cuts. San Bernardino County case shows self-service increased from 10% to 50% with SAP Concur, and real-time reconciliation eliminated lag. 47% of state and local government spend is categorized as 'miscellaneous' or 'other', posing audit risk. 100% of state and local government leaders plan to invest in new T&E or AP technology in the next year.

  2. SAP Concur Blog

    8 Proven Ways Automation Saves K-12 Schools Money – Without Cutting What Matters Most

    SAP Concur's blog lists 8 ways automation saves K-12 schools money, including reducing invoice processing costs, reclaiming staff time, preventing errors and overpayments, real-time visibility, reducing compliance risks, speeding reimbursements, smarter vendor decisions, and proactive budget management. Data cited: AP departments without automation spend $6.30 per invoice vs $1.45 with automation; organizations using Concur Expense reduce expense report errors by 52% and boost compliance by 65%.

Jul 2Wed
  1. SAP Concur Blog

    Using Opportunity Cost Analysis to Optimize Business Spending Decisions

    SAP Concur's blog introduces the opportunity cost analysis framework to help businesses evaluate resource allocation decisions. The article explains the opportunity cost formula and lists application scenarios such as capital investment, product development, time management, and technology selection. By quantifying the sacrifices of each option, companies can gain a more holistic view of the true cost of decisions, especially when budgets are tight. Using travel and expense management as an example, it illustrates how automated solutions reduce opportunity costs, citing survey data: integrated travel and expense platforms can increase policy compliance by 26%, save costs by 21%, and double…

  2. SAP Concur Blog

    Business Growth Strategies and Expense Management Automation

    SAP Concur's blog discusses business growth strategies including market penetration, product development, market expansion, diversification, M&A, strategic partnerships, and vertical integration. It emphasizes that growth increases complexity and automation is key to overcoming growth pitfalls. Effective expense management is crucial for business development, as cash flow issues are the number one reason businesses fail. Automation boosts efficiency, accuracy, scalability, and enables data-driven decisions. The article recommends streamlining travel, expense, and invoice management through integration and automation to support growth.

  3. SAP Concur Blog

    Corporate Travel Strategies: Costs, Policies, and Employee Experience

    SAP Concur's blog provides corporate travel management strategies covering clear travel policies, data-driven decision-making, enhancing traveler experience, sustainability, risk mitigation, global compliance, automation technology, and cost optimization. It cites survey data: 46% of travel managers have strategies for travel emission budgets; 58% of employees changed travel plans due to safety concerns; 50% of travel managers face significant pricing pressure. Using integrated travel and expense platforms can increase policy compliance by 26%, annual cost savings by 21%, and expense report processing efficiency by 10x.

  4. SAP Concur Blog

    Future-Proofing Your Business: Strategies for Long-Term Growth

    SAP Concur's blog discusses future-proofing strategies, emphasizing agility, data, automation, and technology. It notes AI spending is expected to reach $243 billion in 2025 and $826 billion by 2030. Companies should focus on outcomes, embrace automation, upskill employees, and prioritize data literacy. Automated accounts payable solutions can process 64% more invoices monthly and achieve 20% average cost savings. 59% of finance leaders are frustrated by lack of data visibility in cost control software.

  5. SAP Concur Blog

    Weatherford's Global Travel and Expense Management Transformation

    SAP Concur's blog shares the case study of Weatherford's global travel and expense management transformation. Weatherford, an oil and gas technology supplier with operations in 75 countries and 18,000 employees, adopted SAP Concur solutions to consolidate tools, update processes, and automate expense management, achieving significant results: 47% increase in workforce efficiency, 90% fewer expense report rejections, 26% reduction in T&E operations costs with over $5 million in savings, 770% leap in corporate card rebates, and 100% T&E card adoption.

Jun 30Mon
  1. SAP Concur Blog

    Six Best Practices for Managing CME Spend in Healthcare

    SAP Concur's blog provides six best practices for managing Continuing Medical Education (CME) spend in healthcare: create a fair expense policy, use tools to ease compliance, send regular budget balances, create an audit plan, maintain visibility even when bookings are outside the system, and simplify expense report filing. It notes that 45% of CME hotel bookings are made outside managed tools, emphasizing tools like Concur TripLink to capture direct bookings for compliance and spend tracking.

  2. SAP Concur Blog

    Business Cash Flow Management and Financial Forecasting Tools

    SAP Concur's blog discusses business cash flow management and financial forecasting tools. It notes that 82% of small business shutdowns are attributed to poor cash flow. Centralized spend management software can improve visibility, cash flow analysis, and forecasting. Specific strategies include sending invoices promptly, offering early payment discounts, negotiating supplier rates, scrutinizing inventory, instituting payment plans, and leveraging VAT refunds. Technologies like AI and automation streamline processes and improve efficiency.

Jun 13Fri
  1. SAP Concur Blog

    SAP Concur: Enhance Financial Forecasting with Finance Automation

    SAP Concur published an article advising organizations to use finance automation, AI, and clear strategies to improve financial forecasting, cost control, and agility. It cites data: 41% of finance leaders see worsening economic conditions as their top external challenge; 57% of small business CEOs expect the economy to worsen in the next 12 months. The article suggests strategies such as honing spend management, getting an early grip on costs, and refining metrics, and describes AI applications in travel bookings, receipt management, and expense auditing.

Jun 6Fri
  1. SAP Concur Blog

    SAP Concur Cites G2 Report Comparing Itself to Spotnana

    SAP Concur published an article citing the Spring 2025 G2 comparison report, claiming it leads Spotnana in efficiency, predictive analytics, integrations, and cost savings. The report shows SAP Concur rated higher for automating expense management (88% vs 79%), T&E workflows (88% vs 83%), integrations (83 vs 76), and cost savings (81% vs 73%). SAP Concur also cites its benchmarking report claiming 628% ROI.

  2. SAP Concur Blog

    SAP Concur Launches New NetSuite Integration Connector

    SAP Concur launched a new NetSuite connector, replacing the legacy version with enhanced functionality, faster setup, and better reliability. The new connector features real-time data synchronization, automatic retry of failed API calls, detailed error messages, and an audit trail. It is currently available to U.S. small business and enterprise customers with Concur Expense; Concur Invoice support will be added in Q3 2025, and an international release is planned for Q4 2025.