AI and Machine Learning in Travel and Expense Management
A SAP Concur blog post introduces the use of artificial intelligence (AI) and machine learning (ML) in travel, expense, and invoice management. It mentions that AI and ML can standardize policies, eliminate paper receipts, project travel budgets, and improve employee satisfaction. SAP Concur products like ExpenseIt use OCR and ML to extract receipt information, Concur Detect uses AI to audit expenses, and Concur Locate uses ML to locate employees for Duty of Care.