Expensify announced preliminary results of its modified Dutch auction tender offer, expecting to repurchase 6,140,642 shares of Class A common stock at $1.20 per share, totaling approximately $7.37 million, representing about 6.9% of outstanding shares. The offer was undersubscribed against the $25 million target. CEO David Barrett stated the company is undervalued and repurchase is an attractive use of capital.
SAP Concur published a blog post offering strategies for building a cost-saving corporate travel program, covering foundational to advanced practices. The article emphasizes expanding spend visibility, simplifying compliance, uncovering hidden costs, and leveraging automation and AI, as well as strengthening supplier relationships and enforcing pre-spend compliance.
SAP Concur received the 2026 TrustRadius Top Rated Award in four categories: Expense Management, Travel Management, Spend Management, and Accounts Payable. Based on over 1,000 verified reviews, users highlight time savings, streamlined reimbursement, mobile receipt scanning, centralized booking, and ERP integrations. The award is based entirely on customer feedback, reflecting real-world performance for finance and operations teams.
Expensify announced the launch of Expensify MCP, connecting expense data to AI assistants like ChatGPT, Claude, and Cursor via the Model Context Protocol. Users can query expenses, approvals, and spending in natural language without CSV exports or custom scripts. The integration uses OAuth 2.1 for secure access, aiming to make Expensify accessible in AI-driven business environments.
SAP Concur's article explores AI in business travel management, noting 95% of business travelers are open to AI booking but only 7% feel comfortable. It poses 8 questions for travel managers to evaluate AI solutions, including improving travel experience, speeding approvals, personalization, guidance, simplifying complex scenarios, policy guidance, data insights, and expense audits. Data from SAP Concur's 6th Annual Global Business Travelers Research Report.
SAP Concur's article explores AI's dual role in spend management. AI can reduce administrative burden, process large data, and manage complexity, but it can also amplify existing weaknesses like inconsistent data, disconnected systems, and weak governance. The article emphasizes that AI success depends on strong foundations: connected systems, trustworthy data, and clear governance. The future of spend management requires balancing automation with human judgment.
Jesse Cox, AP and T&E Manager at Solis Mammography, shares five tips for optimizing Concur Invoice: auditing workflows, using vendor setup to reduce manual work, treating compliance configuration as a living document, using reporting to spot AP patterns, and keeping invoice policies aligned with business. Continuous refinement leads to efficiency gains and compliance.
Tara Reid, AP Specialist at Barron Lighting Group, shares how fully utilizing SAP Concur Invoice transformed their processes. By integrating with ERP and automating invoice processing, they reduced time on invoicing and expense reports by 50%, maintained a 2:1 AP headcount as volume grew, and achieved zero duplicate ERP entries.
SAP Concur's blog explains why organizations choose its travel and expense management platform over competitors like Navan, Ramp, and Coupa. It highlights proven ROI, unified T&E, strong ERP integration, and scalability. Citing IDC research, it reports annual staff-time savings of $77,600 and travel-related savings of $1.18 million, along with efficiency and compliance gains.
SAP Concur's blog discusses how AI is transforming travel management by connecting booking, expense, and approval processes. It cites that organizations using AI-powered Concur Travel and Expense report 19.2% faster travel bookings, 21% lower travel and expense costs, and 78% improvement in policy compliance.
SAP Concur's blog highlights the real value of AI in spend management, unifying travel, expense, and invoice processes. It cites that users achieve 406% ROI over three years, 21% lower travel and expense costs, and 78% improvement in policy compliance.
SAP Concur's blog offers practical tips for business travelers, covering preparation, during-trip management, and post-trip expense reporting. It emphasizes using the company's unified travel platform, submitting expense reports promptly, avoiding common mistakes, and leveraging mobile apps and AI tools.
SAP Concur has been named #1 in the G2 Summer 2026 Expense Management Grid Report, also ranking #1 across 38 G2 Grid Reports. The recognition is based on feedback from 7,000+ customers, highlighting ease of use, automated workflows, and the value of integrated travel and expense management.
SAP Concur introduces Joule, embedding AI directly into travel and expense workflows for autonomous spend management. Joule handles natural language booking requests, auto-generates expense reports, applies policy in real time, and proactively prompts for missing information. It is embedded in SAP Concur, requiring no additional tools, and helps travel managers, finance teams, and employees improve efficiency, reduce violations, and minimize rework. Joule is built on SAP's trusted data foundation, ensuring enterprise-grade security and responsible AI practices.
SAP Concur customers use WalkMe, a digital adoption platform, to embed guidance directly into the Concur experience, providing real-time help when users make decisions. Customers report fewer support tickets and improved compliance; for example, one customer reduced out-of-system spend from 60% to 20%. WalkMe helps employees correct errors in the moment, reducing rejections and rework, while improving policy compliance and cost control. The platform is scalable without adding headcount and delivers fast time-to-value.
SAP Concur announced that its AI assistant Joule is embedded across its T&E solutions, surfacing policy, context, and data at decision points to reduce downstream corrections, enhance compliance, and improve data accuracy, making T&E a connected intelligent experience.
The article discusses common types of expense fraud, such as mischaracterized, falsified, duplicate, and inflated claims, and how AI helps detect anomalies. Data shows nearly 60% of companies reported increased fraud losses, and organizations lose 5% of revenue to fraud annually.
SAP Concur report reveals a gap between SMB CEOs' expectations and finance performance. Cost management and operational efficiency are top challenges. AI adoption drives revenue growth and better decisions, but measuring ROI is difficult.
SAP Concur published an article on how public sector and regulated industries can modernize safely. It argues that incremental improvements, clearer audit trails, embedded policy controls, and visibility within workflows reduce operational risk, rather than large-scale transformation. It emphasizes that delaying modernization creates its own risks, such as manual processes and disconnected systems leading to audit complexity and reporting delays.
SAP Concur announced its Expertise and Care portfolio, including Advanced Care, Select Care, Essential Care, and Service/Premium Assistant for SMBs. These services combine expert guidance to optimize configurations, increase adoption, and stay ahead of change. It also introduced the SAP Micro-App Hub, offering ready-to-use apps to extend Concur functionality.
The article emphasizes that K-12 finance leaders must treat audit readiness as a daily task, using standardized processes, embedded controls, and unified systems to ensure every expenditure is traceable and compliant. SAP Concur offers spend management solutions to help districts streamline processes, improve transparency, and navigate complex funding requirements.
SAP Concur published a blog discussing challenges higher education institutions face during ERP migrations, emphasizing that spend management should not be disrupted. The article notes that ERP transformations impact the entire campus, including finance, operations, and HR. SAP Concur claims its solution integrates with various ERPs, helping institutions maintain consistent travel, expense, and invoice processes during system changes.
SAP Concur blog discusses that after finance teams deploy automated expense tools, early results are positive, but inconsistencies emerge later, such as out-of-policy expenses being approved and teams interpreting policies differently. This stems from a lack of governance. With global business travel spend projected at $1.69 trillion, small inconsistencies can multiply. The article recommends aligning policy design, approval logic, and governance to ensure automation delivers consistency and confidence.
SAP Concur blog discusses T&E challenges in healthcare M&A. CMS requires accurate cost reporting within 150 days of close, but many organizations spend 6-18 months reconciling systems, risking reimbursement delays and penalties. The article emphasizes multi-entity cost reporting, clinician compliance, multi-jurisdiction policies, and audit readiness, proposing a 90-day phased approach.
SAP Concur published an article on how colleges and universities can improve compliance through automated travel and expense management. Research shows 63% of organizations cite time wasted on audits due to non-compliance, 64% of higher education institutions take over 60 days to process vendor payments, and 37% of expense reports are still manually audited. Automated tools can identify non-compliant transactions early, reduce audit workload, and protect institutional funds.
SAP Concur blog explains operating expenses (OpEx) definition, categories (fixed vs variable, direct vs indirect), and importance. It emphasizes expense visibility for budgeting, cost optimization, and risk identification, and recommends automated expense management platforms like SAP Concur for efficiency and control.
SAP Concur article discusses the importance of automated fraud detection in expense management. Citing 2025 report: 77% of finance leaders know an AP fraud victim in past five years, only 35% consider their prevention measures very effective. It highlights AI/ML for real-time monitoring and anomaly detection, and introduces SAP Concur solutions.
SAP Concur article explains reimbursable expenses definition and main categories: transportation/travel, meals/entertainment, office supplies, professional development, communications, etc. Emphasizes proper categorization for compliance, financial reporting, taxes, and employee satisfaction, and recommends automation platforms like SAP Concur for smart categorization and policy enforcement.
SAP Concur article explains accounts payable (AP) definition, importance, and challenges, highlighting manual process drawbacks. Introduces automated AP workflow: invoice intake, data validation, approval routing, payment, and audit trail. AI and OCR improve accuracy, optimize cash flow, enhance fraud detection, and tax compliance.
SAP Concur article explores miscellaneous expenses definition, misuse risks (compliance, budgeting, fraud), and best practices. Emphasizes that misc expenses may mask waste and compliance issues, recommending clear boundaries, regular reviews, increased documentation, automated flagging, and employee training. SAP Concur offers smart categorization and policy enforcement.
A SAP Concur blog post discusses the importance of transparency in regulated industries, noting that cybersecurity has become the top external concern for finance leaders. It emphasizes that fragmented data and manual processes weaken accountability and increase risk. Leading organizations build trust through real-time visibility, policy enforcement, and audit readiness. The post also mentions the average data breach cost of $4.4 million, highlighting the financial impact of visibility gaps.
A SAP Concur blog post argues that spend visibility alone is no longer sufficient for control. It distinguishes visibility, governance, and operational control, emphasizing embedding policies into workflows for real-time compliance. Automation and risk flagging reduce friction and enhance control.
A SAP Concur article explores the benefits and risks of AI in corporate travel management. AI can reduce booking and expense time by 53%, but fraud risks increase, with 32% of travelers thinking colleagues might use AI to falsify expenses. The article emphasizes balancing benefits and risks through training and ethical guidelines.
IDC research shows that businesses using SAP Concur Travel & Expense gain over $3.1 million in average annual benefits, with a three-year ROI of 406%. Savings come from travel bookings, expense management efficiency, and improved compliance, including reduced errors and time savings.
At SAP Concur Fusion 2026, SAP announced expansion of Joule AI solutions, including integration with Microsoft 365 Copilot, two new Joule Agents for expense automation and pre-submit audit, and new partnerships with Amex GBT and Visa to streamline travel and expense management.
The article highlights that state and local governments face tight budgets and audit demands, and fragmented spend management undermines efficiency and governance. Adopting a connected spend platform provides real-time visibility, embedded controls, and audit readiness, enhancing trust and decision-making.
The article discusses financial complexity in healthcare, including fragmented spend processes and compliance pressures. By automating financial workflows and connecting spend data, healthcare organizations can improve transparency, reduce fraud risk, and ensure resources are directed to patient care.
SAP Concur announced its Innovation Award winners at Fusion 2026, including LTM, Schwarz Group, Natura, Wipro, Royal Mail, and Staple AI. These organizations achieved significant improvements in travel and expense management through automation, AI, and integrations, such as saving hours, improving compliance, and reducing costs.
The article argues that healthcare organizations often fail compliance due to lack of controls in everyday financial transactions, not missing policies. In 2026, increased scrutiny under the Sunshine Act, Stark Law, and Anti-Kickback Statute demands embedded controls in travel, education, recruiting, and other spend. SAP Concur recommends monitoring five high-risk areas and adopting integrated platforms for pre-spend compliance.
The article highlights that county governments face complex funding environments and scrutiny, with fragmented spend management creating governance risks. Adopting integrated spend management platforms provides real-time budget visibility, embedded controls, stronger grant oversight, and enhances public trust.