SAP Concur's blog publishes a business resilience guide, noting 90% of CFOs agree their top task is preparing for the unexpected. The article offers four ways to future-proof: using a single cloud platform for travel, expense, and invoice data; gaining visibility through advanced analytics; improving employee experience; and measuring progress with benchmark reports.
SAP Concur's blog notes that despite global inflation and recession concerns, many CFOs expect investment in digital tools that deliver efficiency and insights to continue. The article cites views from SAP CFOs across regions, covering sustainability, recruitment and retention, and confronting inflation-related challenges. CFOs can view digital transformation as a way to boost enterprise resiliency and navigate major disruptions like recession.
A SAP Concur blog post notes that exceptional team leaders are critical to employee productivity and engagement. A Forrester and SAP survey shows organizations with engaged, empowered workers see 4.3x increase in earnings per share, 21% higher profitability, 17% higher productivity, and 81% higher customer satisfaction. Management expert Lisbeth Claus shares leadership tips in a free webinar, including embracing technology. A January 2021 survey by SAP Concur and The Economist Group found 89% of executives said deploying advanced technologies would be instrumental in building resilience.