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#支付与费控

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Jun 29Wed
  1. SAP Concur Blog

    SAP Concur Explains the Value and Implementation of Expense Management Automation

    SAP Concur published an article explaining the value of expense management automation. It states manual expense management takes a toll on productivity, employee happiness, and the bottom line, while automation can streamline operations, cut costs, and reduce time-wasting tasks. The article analyzes benefits for finance, IT, employees, and CEOs, and lists capabilities automated software should have, such as e-receipts, auto-populating expense reports, ERP integration, card reconciliation, secure data tracking, and mobile app management.

  2. SAP Concur Blog

    U.S. Bank Instant Card Now Integrated with Concur Expense

    SAP Concur published an article announcing that U.S. Bank Instant Card transactions are now seamlessly integrated into Concur Expense, simplifying expense tracking, reporting, and reconciliation. Instant Card users can easily capture expenses with e-receipts, populate expense reports, and submit for approval from anywhere using their mobile device. Instant Card is a virtual corporate card that can be pushed to the Apple Pay or Google Pay wallets of employees, contractors, or consultants in seconds, and allows companies to set credit limits and expiration dates.

  3. SAP Concur Blog

    What is Invoice Automation? Business Value and Best Practices for AP Automation

    An SAP Concur blog post explains how invoice automation digitizes the vendor invoicing process to create faster, leaner, more cost-effective AP workflows. Data cited includes: 62% of organizations report financial losses from fraud in the last three years; invoice processing time decreased by 82% to 3.1 days per invoice; cost to process each invoice decreased by 80% to $2.78; invoice exceptions decreased by 59% to 9%. Only 51% of organizations say they can immediately recognize AP fraud, and 36% still report using no technologies to detect or prevent finance fraud. The article also lists capabilities to consider when evaluating automated AP solutions, including OCR capture, AI planning, das…

  4. SAP Concur Blog

    How to Stop Special Projects Breaking the Budget and Impacting Cashflow

    The article offers advice for small business owners to manage project budgets to prevent overruns and cash flow issues. Tips include: scope the project carefully and communicate clearly, budget realistically with contingency, check in on the budget regularly, and make it a habit. Automating expense and invoice management makes tracking costs and budgets easier.

  5. SAP Concur Blog

    SAP Concur: Corporate Cards and P-Cards for Better Insight into Employee Spend

    SAP Concur explains the role of corporate cards and purchasing cards (P-Cards) in managing employee spend. It says many organizations have done away with pre-approvals for employee spend and instead rely on organizational and departmental policies to guide spending behavior, but this reduces visibility. Corporate cards are issued by a bank or financial institution to employees and are associated with an employee name or number, aiding tracking; P-Cards are account numbers issued to an organization, accepted by suppliers through the existing credit card system, with controls such as purchase thresholds, monthly limits, and merchant category codes. It recommends combining corporate-card and P…

  7. SAP Concur Blog

    The top five ways in which employees are decentralizing spend

    SAP Concur published a blog post discussing the trends and challenges of employee initiated spend. The article notes that employees are spending more across more categories and using more payment methods, expecting a consumer-like experience. Decentralized spending makes it difficult for finance and procurement teams to manage centrally. Key challenges include: the largest unmanaged spend category, more payment methods, traditional booking channels being insufficient, suppliers rewarding employees directly, and finance departments unable to keep up. The article recommends automating spend processes and connecting all spend data for complete control.

  8. SAP Concur Blog

    Slashing Budgets or Biggest Bang for Your Buck? Zero-Based Budgeting Demystified by Accenture: An S…

    SAP Concur published a podcast transcript featuring Accenture experts demystifying zero-based budgeting (ZBB). ZBB is not merely cost cutting but a management technique that reallocates resources to better align with business strategy by budgeting from zero. The discussion covers ZBB benefits, the concept of dual cost ownership, the role of technology, and change management. Experts note that ZBB improves resource allocation, enhances flexibility, and requires top-down sponsorship and continuous monitoring for sustainable savings.

  10. SAP Concur Blog

    The Need for Speed in County Financial Operations

    SAP Concur blog highlights that county finance departments face declining funding and rising service demand. Brookings Institute projects state and local income tax revenues to decline by 4.7% to 7.7% from 2020 to 2022, a loss of $22 billion to $40 billion. The article recommends cloud-based invoice management, automated expense reimbursement, and integrated card feeds to improve efficiency, potentially reducing invoice processing time by 75%, paying vendors 13% faster, and increasing AP staff efficiency by 45%.

  11. SAP Concur Blog

    SAP Concur Shares Tips to Prepare for Small Business Saturday

    SAP Concur published an article offering tips for small businesses to prepare for Small Business Saturday. In 2016, an estimated 112 million consumers reported shopping at small businesses on Small Business Saturday. Tips include preparing early, offering a special deal, automating back-end processes, paying vendors on time, and partnering with other small businesses. The article also promotes products like Concur Expense and Concur Invoice.

  12. SAP Concur Blog

    How Payment Automation Saved a Global Insurance Company Time and Money

    A SAP Concur blog post contributed by TransferMate Global Payments presents its PaymentsHub app. Chicago-based property and casualty insurer HDI Global had its accounts payable team manually entering wire transfer and ACH requests, with little payment transparency and frequent delays. After adopting PaymentsHub integrated with SAP Invoice, HDI improved payment processing time by one week within a month and saved money through lower processing costs. The post says a company making 200 international payments per month could save an average of seven minutes of administration per transaction, or 40 admin days per year, and at $60 per transaction in global bank wire fees, annual savings could re…

  13. SAP Concur Blog

    SAP Concur Outlines Intelligent Spend Management Framework

    SAP Concur published an article explaining how intelligent spend management helps organizations achieve business outcomes. The article groups employee-spend business outcomes into three pillars: controls and compliance, spend visibility and management, and employee satisfaction and workforce engagement. It recommends capturing every source and category of spend in a unified view and adopting best practices such as using mobile devices for receipt scanning, leveraging OCR and machine learning to automate invoice data capture, and integrating travel reservations with expense reporting systems.

  14. SAP Concur Blog

    Has the Tax Cuts and Jobs Act Taken the Fun Out of Your Company's Meals and Entertainment?

    A SAP Concur blog post discusses the impact of the Tax Cuts and Jobs Act (TCJA) on business meal and entertainment expense deductions. It notes that meals and entertainment is one of the top 10 expense categories, contributing up to 22% of a company's total travel budget. Entertainment expenses are deductible only if they pass the Directly Related or Associated test, and expenses at certain venues (such as nightclubs, theaters, sporting events) are not deductible. The post also mentions that up to $2,000 per year of cruise ship convention expenses can be deducted, subject to five detailed requirements.

  15. SAP Concur Blog

    Three Benefits of Native SAP ERP Integration with SAP Concur

    SAP Concur published an article outlining three benefits of native integration between its solutions and SAP ERP: improved spend visibility, reduced manual work and integration complexity, and synchronized systems. The article states that native integration connects travel, expense, invoice, and financial data, helping IT and finance teams reduce manual work, improve spend visibility, support compliance, and make faster decisions. The integration supports near-real-time financial posting and can manage access via SAP Cloud Identity Services.

  16. SAP Concur Blog

    SAP Concur Explains Machine Learning in Travel, Expense, and Invoice Solutions

    SAP Concur published an article explaining machine learning (ML) applications in travel, expense, and invoice solutions. It describes Concur Invoice using SAP Leonardo to extract and classify data from invoice images; Concur Expense integrating with Office 365 to create expense entries from emailed receipts; ExpenseIt using ML to turn receipt photos into completed expense reports; Concur Detect by AppZen auditing 100% of expense reports; and ML use in TripIt and Concur Locate.

  17. SAP Concur Blog

    SAP Concur: Collaborative HR and Finance Leaders Can Unlock Lasting Business Value

    A SAP Concur blog post argues that HR and finance leaders who collaborate can improve data visibility, simplify workflows, and stay flexible. It cites Oxford Economics that nearly a quarter of finance leaders cite lack of visibility into company spending as their biggest challenge, and McKinsey research that 50% of manual work can be automated. EY research shows 41% of collaborating finance and HR leaders experienced 10% EBITDA growth.

  18. SAP Concur Blog

    SAP Concur Article Explores How Finance Managers Can Manage Business Risks Beyond T&E

    SAP Concur published an article exploring how finance managers can help businesses identify and manage business risks beyond T&E compliance, including human error, machinery and technology lifecycles, business policies and best practices, strategic direction, and reputational risk. The article notes technology can help spot errors like duplicate invoices, and automating processes frees finance staff to analyze data and support strategic direction more effectively.

  19. SAP Concur Blog

    SAP Concur Shares Four Ways to Simplify Invoice Management in the Hybrid Work Era

    A SAP Concur blog offers four ways to simplify invoice management in the hybrid work era: automate invoice processing and connect with expense report and p-card processes; integrate with back-end ERP, finance, and accounting systems for accurate data and a single source of truth; flag errors and missing information before invoices reach AP to reduce exceptions; and automate payments through integrated, controlled processes via banking and financial service partners.

  20. SAP Concur Blog

    New SAP Concur and American Express Integrations Benefit Small Businesses

    SAP Concur and American Express have introduced two new integrations designed to automate invoice and expense processes, providing small businesses with a more efficient end-to-end spend management experience. The first integration combines Amex's B2B payment capabilities with Concur Invoice to automate supplier payments; the second connects Amex business cards with Concur Expense to automatically import transactions into expense reports.

  21. SAP Concur Blog

    Health Goes Beyond the Patient: The Well-Being of Life Science Organizations

    This SAP Concur blog post discusses the health of life science organizations, focusing on employee engagement, compliance management, and financial visibility. It cites a Deloitte study showing only 56% of life science employees are satisfied with their work, compared to 70% in other sectors. The article suggests using automation to reduce administrative burdens and improve engagement, emphasizes the importance of tone from the top for effective compliance programs, and recommends tools like Concur Invoice to streamline accounts payable and increase financial visibility.

  22. SAP Concur Blog

    Get Your Hybrid Workplace Working for Your Business and Your People

    A SAP Concur blog post discusses how finance and IT leaders can support business transformation in a hybrid work model. It recommends digitalizing first, especially spend management, by using cloud-based spend management technology to digitize receipts, invoices, reports, and approvals, saving time and consolidating spend data. Advanced analytics can help spot trends, identify waste, and negotiate better vendor contracts. The article also emphasizes adjusting office policies, investing in training and equipment, and considering consolidating office space for cost savings. System integration is crucial to ensure finance teams don't manually consolidate data.

  23. SAP Concur Blog

    Concur Is Now SAP Concur

    A SAP Concur blog post announced that as of the beginning of 2018, Concur is now SAP Concur, unifying its brand with SAP. Concur had a successful three years as part of the SAP family. As SAP Concur, the company will continue to simplify expense, travel, and invoice management for greater visibility and control. It promises deeper R&D investment, a broader network of app providers, partners, and communities, and the ability to manage all spend in the cloud for businesses of all sizes.

  25. SAP Concur Blog

    Get a Single View of Spend by Working with Procurement, Supply Chain, and IT

    SAP Concur blog introduces Intelligent Spend Management, emphasizing cross-departmental collaboration for a unified view of all spend. It suggests three ways: create an engaging user experience, establish direct electronic connections with suppliers, and connect innovative third-party solutions to break down silos and achieve full spend visibility.

  26. SAP Concur Blog

    Simplify Your Vendor Invoice Process with Our Free Invoice Policy Template

    The SAP Concur blog states that accounts payable plays a critical role in managing spending and preparing for change, and a strong vendor invoice policy is key to building agility. It offers seven tips for policy design, including cross-departmental collaboration, standardizing invoice submission and payment methods, reviewing drafts, emphasizing benefits, ensuring accessibility, taking questions, and seeking process improvements. The policy should cover purpose, compliance expectations, delegation of authority and approval chains, periodic review, and operational subject areas.

  27. SAP Concur Blog

    SAP Concur: Automated Mileage Reporting Can Save Time and Cost

    A SAP Concur blog post states that manual mileage reporting is inefficient and error-prone, and that enabling mobile automated mileage capture can significantly reduce the time employees spend submitting and approving mileage. For most SAP Concur customers, mileage accounts for 2% to 12% of overall expensed spend. SAP Concur experts estimate at least one minute can be saved per mileage transaction; using a $37.50 hourly rate and 33,000 entries, that equals about $20,625 in savings. Recommended practices include enabling GPS auto-capture, configuring the auto-deduct commute option, promoting rideshare where appropriate, and using data to monitor mileage trends.

  28. SAP Concur Blog

    SAP Concur Highlights Five Overlooked Spend Management Issues in Business Growth

    SAP Concur published an article identifying five spend management issues businesses often overlook during expansion: insufficient preapprovals making future spending hard to forecast; limited audit resources while errors and fraud typically consume 5% of annual revenue; insufficient process automation; big data that is hard to turn into usable insights; and unclaimed VAT refunds in cross-border operations. The article suggests expanding SAP Concur solutions to address these challenges.

  31. SAP Concur Blog

    How to Give Your Finance Team the Financial Visibility It Needs

    The article presents eight best practices for improving expense management processes to help finance teams avoid surprises such as unaccounted expenses, missing receipts, and fines. Recommendations include: CFOs should take charge of expense report errors and view them as opportunities to improve processes and training; tighten expense management to reduce fraud risk; and leverage automation and mobile technology to enhance expense visibility and real-time data access.

  32. SAP Concur Blog

    SAP Concur Highlights the Importance of Expense Audits to Prevent Fraudulent Claims

    A SAP Concur blog post uses a fictional story to highlight the impact of expense fraud on businesses and introduces its Concur Audit service. Citing data from the Association of Certified Fraud Examiners, the article notes that a typical organization loses up to 5% of its annual revenue to occupational fraud. It lists outlandish items employees have tried to expense (like wedding costs, spa trips, teeth whitening) and notes that even small violations (like mixing personal purchases into a meal) can add up. Concur Audit offers an unbiased audit service to check up to 100% of claims and receipts.

  33. SAP Concur Blog

    SAP Concur Podcast with neylux: Automation Reshapes Approval Workflows

    A SAP Concur blog post features a podcast conversation between Jeanne Dion, director of the Value Experience Group at SAP Concur, and Siegfried Krause, co-founder of neylux. neylux specializes in business travel and expense management and is a certified SAP Gold Partner. Krause describes a customer case: neylux built a passive-approval solution where employees enter key data, audit tasks are fulfilled at the end of the process, and the manager then receives a summary page and PDF by email, addressing issues with staff afterward if needed, avoiding downtime from waiting for a manager's signature early in the process. The automated process also sped up reimbursement, helping the client reduce…

  34. SAP Concur Blog

    5 Benefits of Automating Government Invoice Payments

    A SAP Concur blog post discusses the benefits of automating government invoice payments. It cites AIIM data: the cost to process one invoice is on average between $13 and $25, and processing a single paper check adds another $7.15. SAP Concur partnered with StateScoop to quantify the costs of manual AP systems. The article lists five benefits of automating invoice payments: increase productivity and employee satisfaction, get more visibility into spending, manage invoice payments from anywhere, be more efficient and generate revenue, and reduce audit and compliance costs. The report concluded that automating invoice payments can pay for itself in less than one year.

  35. SAP Concur Blog

    Assess Your Spend Control: SAP Concur Launches Business Agility Assessment Tool

    SAP Concur launched a Business Agility Assessment tool that helps companies evaluate their spend management processes through seven questions. The assessment covers the level of automation in expense and invoice management, integration with back-end ERP/HR/CRM systems, data reliability, spend control, and solution provider capabilities. The tool scores based on answers and provides improvement advice and a spend management toolkit.

  36. SAP Concur Blog

    SAP Concur Launches Two Compliance Solution Extensions

    SAP Concur announced two new solution extensions delivered through its partner ecosystem: Concur Tax Assurance by VATBox and Concur Detect by Oversight. The former leverages AI and VAT/GST compliance knowledge to help organizations comply with global tax regulations and increase reclaim potential; the latter combines Oversight's spend management and risk mitigation expertise to analyze expenses before and after payment, spot suspicious spend patterns, and prioritize risk. The article cites the ACFE 2020 report stating the median loss from expense report fraud is $33,000.

  37. SAP Concur Blog

    SAP Concur: Non-Profit Transformation—Higher Impact, Better Expense Control

    SAP Concur's blog notes that non-profits can improve efficiency through cloud-based automated expense management. Prison Fellowship achieved a hard-cost ROI of 3:1 and soft-cost ROI of 4-5:1 using Concur Expense with Policy Audit. Simons Foundation gained near real-time spending visibility with Concur Expense and Concur Invoice. The article also notes that over 20% of organizational expenses are non-compliant.

  38. SAP Concur Blog

    The Hidden Costs of Manual Expense Reporting and the Value of Automation

    SAP Concur published an article examining the impact of manual expense reporting on businesses. Manual processes affect not only finance teams but also employees and approving managers, accumulating time costs far exceeding the amounts on the statement. Automation reduces time spent on expense report creation, review, and approval while improving accuracy. Mobile apps allow employees to create and update expense reports while traveling, reducing lost receipts and errors. Concur Expense enables employees to photograph receipts with their phones, with finance teams and approving managers able to access data in real time and approve on the go.

  39. SAP Concur Blog

    It's That Time to Assess Your T&E Program (Yes, Your Program)

    A SAP Concur blog post recommends that companies review their travel and expense (T&E) program in Q4. It notes that employee spending continues to increase across more categories, more payment methods are used, and spend data is often tracked disparately. T&E expenses account for about 10% of a company's entire budget. The post offers a cheat sheet covering audits, fraud, compliance, and tweaks, and suggests that driving changes mid-year is often more challenging, so assessment should be done before the new year.

  40. SAP Concur Blog

    SAP Concur Podcast Discusses AI's Role in Finance Digital Revolution

    SAP Concur published a podcast conversation between former SAP Concur executives Mike Eberhard and Chris Juneau, and Jeanne Dion, discussing the impact of technology on finance and accounting. The conversation covers the evolution from GUI to SaaS, smartphones, and now AI and machine learning. They note that AI is uniquely suited for pattern identification, helping finance professionals focus on strategic tasks and address challenges like compliance and fraud detection. The conversation also mentions that during the pandemic, cases of noncompliance or potential fraud increased by over 200%, and issues such as unused tickets, gift card purchases, and excessive mileage reimbursement.