SAP Concur's blog highlights the benefits of integrating with cloud ERP, including unified data, real-time visibility, improved compliance, and greater efficiency. Through automated workflows and real-time data synchronization, organizations can eliminate data silos and achieve a single source of truth for spend management.
SAP Concur and Workday have different priorities in T&E management. Concur is purpose-built for global travel, expense, and compliance, offering end-to-end visibility and proactive compliance. User reviews show higher satisfaction for Concur in bank/credit card integration and currency conversion. Concur users save an average of $777K annually and see 32% higher compliance.
A SAP Concur blog post uses four personas to show how its platform integrates travel, expense and invoice management. It cites data that nearly four in ten CFOs list manual processes as a top challenge; teams using SAP Concur process about 35% more invoices monthly and 1.5 times more expense reports, and are five times more efficient than users of other solutions; users spend nearly 20% less time booking trips and 12% less time filing expenses.
SAP Concur published an article on how Concur Invoice simplifies accounts payable. The tool uses AI, OCR, machine learning, and human verification to ensure invoice data accuracy, and supports digital storage of paper, email, or electronic invoices. It offers real-time spend visibility, automatic audit trails, pre-spend controls, and workflow automation including cost coding, dollar thresholds, and exception management, with integration into ERP, accounting, and payment systems. Citing the 2024 SAP Concur ROI Research Study, organizations using the tool achieved 35% more invoices processed per month, 20% cost savings, 70% increase in policy compliance, and 10% less time on invoice approvals.
SAP Concur published an article on the value of integrating corporate cards and P-cards into one workflow. Corporate cards cover everyday expenses like employee travel and meals, while P-cards cover vendor or department purchases with richer data and stricter controls. Integration enables real-time spend visibility, streamlined reconciliation, unified approval workflows, and stronger compliance and control. Citing the Weatherford case, which previously had 40+ card programs and dozens of local systems, integration delivered a 47% boost in workforce efficiency, 25% lower T&E operations costs, and an estimated $5 million in savings.
SAP Concur published an article on AI applications in travel, expense, and invoice management. AI has been infused into its solutions for nearly a decade, reducing repetitive tasks and empowering finance teams with insights. Applications include ExpenseIt scanning receipts, Verify auditing millions of expense reports to flag outliers and potential fraud, and Intelligent Audit blending AI with human expertise to uncover non-compliant spending. AI also enables real-time policy enforcement, natural-language queries, and more accurate travel cost forecasting. SAP Concur emphasizes it does not use customer data to train external models and follows SAP's global AI ethics policy.
SAP Concur published an article on AP automation strategies, metrics, and solutions. It notes AP has shifted from a back-office function to a strategic powerhouse, recommending tracking metrics such as invoice processing cycle time, cost per invoice, exception rate, touchless processing rate, and staff time on supplier inquiries. According to industry benchmarks, top performers achieve invoice processing time of 3.1 days, cost per invoice of $2.78, exception rate of 9%, touchless processing for nearly half (49.2%) of invoices, and 13.4% of time (5.36 hours weekly) on inquiries. The article also covers Concur Invoice's end-to-end automation and a roadmap from manual to touchless AP.
SAP Concur published an article noting that nearly half of finance leaders worldwide know of a company in their professional network that experienced spend management fraud in the past three years. The article highlights the costs of manual expense management, including missing receipts, time-consuming reports, out-of-policy purchases, unclaimed VAT and fraud risks. Automated expense management can reduce risks and improve productivity, citing a study estimating a T&E solution saves 13 hours weekly per finance or accounting team member.
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.
SAP Concur highlights four key benefits of Concur Expense: cash flow visibility, risk minimization, streamlined workflows, and scalability. By automating data imports and integrating with ERP and other systems, Concur Expense improves efficiency, enhances compliance, and supports multiple currencies and complex regulations.
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…
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…
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,…
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…
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…
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.
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.
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.
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.
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.
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.
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.
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.
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%.
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…
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.
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.
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.
SAP Concur published a case-study article describing how Stephen, CFO of a mid-sized U.S. company, uses SAP Concur solutions for AI-driven spend management. It says he gains real-time visibility into spending across departments, regions and categories via the dashboard, uses Intelligence for real-time analytics, and relies on Concur Detect by Oversight and Concur Tax Assurance by Blue dot to improve compliance. The article cites figures: AI technology captured 10x the number of errors and fraud, automated audits reduced the cost of mistakes in expense reports by 60%, and using AI for initial investigation of expense reports reduced audit time by as much as 90%.
SAP Concur published an article discussing balancing accuracy and efficiency in accounts payable. Citing the 2024 SAP Concur CFO Insights Report, 63% of finance leaders plan to invest in automation and cutting-edge tech within the year to overcome AP challenges. The article notes fragmented systems and manual processes are major obstacles, and automation can reduce errors, accelerate approvals, and lower fraud risk. It also states companies using an integrated travel and expense platform see policy compliance increase by 26%, processing efficiency double, and annual cost savings of 21%.
A SAP Concur blog post summarizes the Accounts Payable Automation Trends research study it sponsored, conducted by The Institute of Financial Operations and Leadership (IFOL). The report shows 52% of AP professionals now spend fewer than ten hours per week processing invoices, down from 62% a year earlier; manual entry of invoices into ERP or accounting systems dropped to 60%, from 85% in 2023. However, 64% of respondents still cite stress from outdated processes as their biggest hurdle, and 40% point to strained vendor relationships. AI adoption remains limited, with only 7% of respondents using AI for spend management, though 40% are considering adoption within the next year.
This SAP Concur article compares its solutions with Zoho Expense, highlighting five considerations: AI-powered automation, advanced integrations, seamless user experience, industry reviews, and innovation. SAP Concur beats Zoho Expense across all G2 user satisfaction categories and ranks #1 in market share. The article also mentions that integrated platforms can increase policy compliance by 26% and double processing efficiency.
SAP Concur announced the 2025 Innovation Award winners at Fusion 2025, including L'Oréal Groupe, Weatherford, UST, Coca-Cola, E.ON, and Mayekawa. L'Oréal Groupe automated user provisioning between HR and expense systems using SAP BTP, reducing data integration time from 48 hours to 4 hours. Weatherford increased monthly expense reports from 1,300 to over 4,500, saving more than $17 per report and reducing T&E operation costs by 26%. Mayekawa reduced its finance team's annual workload by over 12,000 hours. Amex GBT became the first TMC to offer content through the Hotel Connector on the new Concur Travel platform.
The article covers types of business expenses and management practices. Expenses fall into fixed, variable, and periodic categories, with a distinction between operating expenses (OpEx) and capital expenditures (CapEx): OpEx is accounted for in the year it occurs and deducted from gross profit, while CapEx is depreciated over years as a long-term asset. Effective expense management supports cash flow management, profitability, tax compliance, and decision-making. The article offers six best practices: implement an expense tracking system, categorize and prioritize expenses, conduct regular expense audits, set a budget, embrace automation, and encourage employee accountability. It notes that…
The article covers the definition and management of paid receipts. A paid receipt is the record confirming payment for goods or services, and an itemized receipt typically includes the date and time of purchase, specific items, quantities and amounts, unit price and total costs, taxes paid, total amounts paid, and payment method. Receipts fall into four categories: paper, digital, emailed, and point-of-sale. Paid receipts are critical for tax compliance, budgeting and financial planning, dispute resolution, and business reporting. Manual management faces challenges including high receipt volume, lack of standardization, lost or damaged paper receipts, and time consumption. Best practices in…
The SAP Concur Conversations podcast features Joaquín Buscarons, IT enterprise architect at ESTEVE, an international pharmaceutical company based in Spain, speaking with Jeanne Dion, Vice President of the Value Experience team at SAP Concur, about the strategic role of IT. The discussion covers cloud computing, evolving job descriptions, the importance of pilot projects, and how technology supports business objectives. ESTEVE uses one-to-two-month pilot projects to test new technologies and has begun hiring digital experience specialists.
A SAP Concur blog post notes that industry research shows organizations lose as much as 10% of their annual travel budget on unused tickets. The article analyzes two common scenarios—airline cancellations and business changes—and recommends advance notice requirements, regular travel reviews, detailed change logs, and continuous tracking of ticket expiration dates. It also suggests working with a travel management company (TMC) or using a corporate card program to track unused tickets and refund opportunities, and emphasizes that automation technology can help with refund recovery, compliance, and reducing administrative costs.
A SAP Concur blog post explores the importance of corporate expense classification for financial management and tax compliance. It distinguishes capital expenditures from regular business expenses, fixed versus variable expenses, operational versus administrative expenses, and regular versus extraordinary expenses. The article recommends maintaining detailed and accurate records, training employees on receipt retention, separating business and personal spending, and using automated expense management solutions to optimize classification, reduce errors, detect fraud, and monitor policy compliance.
A SAP Concur blog post explores digital transformation of travel and expense (T&E) management in the public sector. A GovTech study found that approximately 60% of employees identify legacy infrastructure and lack of automation as significant operational barriers. The article notes non-compliant expenses are estimated at roughly 29% of annual T&E spend, and modern T&E solutions can increase policy compliance rates by 32%. It provides a change management framework including impact assessment, strategic foundation, and leadership support, and cites success cases from Booz Allen Hamilton, the University of Alabama, Cardinal Health, and others.
A SAP Concur blog post notes that 72% of energy and utility companies still rely on manual processes for travel and expense (T&E) management. Industry research shows 45% of sector leaders are prioritizing advanced T&E solutions to address evolving regulatory requirements, while 41% are focusing on supporting sustainability initiatives. Digital T&E management can achieve a 54% reduction in travel booking time, 43% improvement in expense report processing, and 50% acceleration in reimbursement cycles. The article also discusses FERC compliance requirements and change management strategies.