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Oct 1Wed
  1. SAP Concur Blog

    Why Integrating Corporate Cards and P-Cards into One Workflow Matters

    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.

Feb 4Tue
  1. SAP Concur Blog

    How to Manage Unused Flight Tickets in Corporate Travel

    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.

May 2Thu
  1. SAP Concur Blog

    What a Cash Flow Statement Is and Why It Matters for Expense Management

    SAP Concur explains what a cash flow statement is and why it matters: cash flow is the net balance of cash entering and leaving a business at a specific point in time, flowing out when inventory is bought and in when customers buy products. Rent, utilities, payroll, and bank and credit card fees make cash flow complex, and credit terms and financing can push payments later. A cash flow statement typically has three sections—operations, investing, and financing—and can be prepared using the direct or indirect method. The article also lists strategies to improve cash flow, including customer credit checks, leasing instead of buying, early-payment discounts, better inventory management, prompt…

Mar 14Thu
  1. SAP Concur Blog

    2024 SAP Concur Innovation Award Winners Announced

    SAP Concur announced seven 2024 Innovation Award winners showcasing travel and expense automation. Bechtel piloted Concur Select Access powered by Travelfusion to display NDC content alongside GDS fares, reducing out-of-channel direct bookings and improving Duty of Care reporting. Uber used Concur APIs and automation to save more than 5,000 employee hours, automate resolution of over 70% of expense-related help desk tickets, and drive corporate card adoption above 90%. KUKA made hotel and entertainment expense creation seven times faster. Stellantis unified T&E processes across 30 countries, with 98% of employees covered by Concur Expense, estimating savings of more than EUR1 million. PETRO…

Mar 12Tue
  1. SAP Concur Blog

    SAP Concur and Mastercard Partner to Simplify Expense Reports

    SAP Concur announced a new partnership with Mastercard to simplify the expense process. Through a new integration, purchases made on Mastercard corporate cards are captured and automatically populated in Concur Expense, with users alerted immediately if additional information is needed. The integration will be available to select customers globally starting in Q2 2024, and customers can continue banking with preferred partners and utilizing existing card programs. The partnership also includes spending controls and restrictions to encourage expense policy compliance.

Mar 30Thu
  1. SAP Concur Blog

    Are Your Business Spending Processes and Metrics Up to the Times?

    A SAP Concur blog post examines whether corporate spending processes and key performance indicators need updating. It recommends focusing on several areas: paying expenses with corporate cards improves spend control and visibility and can yield rebates of up to 2%; automated receipt management shortens paper trails, and companies using SAP Concur solutions average 36% time savings in expense report handling; manual mileage tracking can result in as much as 15% more miles than actually traveled, while GPS-enabled mobile apps improve accuracy; and AI-based auditing reduces manual review burden. It also suggests measuring budget-versus-actual variance, employee refunds or updates, and adding o…

Feb 16Thu
  1. SAP Concur Blog

    SAP Concur Highlights Six Reports to Close Spending Loopholes

    SAP Concur published a blog recommending six reports within its solution to reduce non-compliant spending and potential fraud. Citing ACFE data, it notes 51% of surveyed respondents uncovered more fraud since the pandemic, and nearly half of reported cases stemmed from a lack of internal controls. The six reports cover route data, receipt attachments, cash versus card spend, approved reports with unviewed receipts, high-risk expense categories, and travel expenses on cash.

Feb 7Tue
  1. SAP Concur Blog

    SAP Named a Leader in IDC MarketScape 2022-2023 Travel and Expense Report

    SAP Concur's blog states SAP was named a Leader in the IDC MarketScape: Worldwide SaaS and Cloud Enabled Travel and Expense Applications for Enterprise 2022-2023 Vendor Assessment. The article cites IDC research on market trends including continued emphasis on health and safety, sustainability and diversity, more in-company travel amid remote work, demand for easy-to-use fully digital solutions, and greater acceptance of corporate cards. SAP Concur also launched a Travel & Expense Maturity Assessment tool.

Jan 26Thu
  1. SAP Concur Blog

    13 Ways to Keep Your Organization's Budget on Track

    SAP Concur's blog offers budget management advice, including keeping expense data handy, educating and training employees, verifying spending aligns with budget, maximizing the value of a single platform, and ensuring spending aligns with goals. Citing a poll of 500 finance leaders, it notes 75% say their business often exceeds expense, travel, and invoice budgets, and even more agree these systems need to be better connected for a single view of spend.

  2. SAP Concur Blog

    6 Questions to Ask When Incorporating Duty of Care into Your Travel Program

    A SAP Concur blog post notes that employee wellness has taken center stage, and duty of care—an organization's legal obligation to protect employees from harm—has become a strategic tool. The article poses six questions to help incorporate duty of care into travel programs: how employees book, where they purchase, when they book, what ground transport they use, how safe the destination is, and how to improve. It emphasizes that increasing booking tool adoption, encouraging corporate card use, booking earlier, increasing rideshare use, reviewing destination risk, and establishing a cross-functional task force can enhance employee safety, satisfaction, and business continuity.

Jan 11Wed
  1. SAP Concur Blog

    We Answer: What Are Expense Reimbursements? And Other FAQs.

    A SAP Concur blog post answers common questions about expense reimbursements, including: what is an expense reimbursement, what expenses are reimbursable, whether receipts are needed, how to pay reimbursements, reimbursement timelines, whether reimbursements count as income and are taxable, and alternatives. It emphasizes that reimbursement amounts should exactly match expenses, receipts are non-negotiable for IRS audits, and reimbursements are not considered income for employees. Alternatives include advances, per diems, corporate cards, and purchasing cards.

Jun 29Wed
  1. SAP Concur Blog

    How to Build a Work Environment Your Employees Will Love

    SAP Concur published an article on improving employee satisfaction by simplifying technology, gathering feedback, providing the right applications, promoting corporate cards, and adopting best practices. It suggests surveying employee needs, offering tools for travel booking and expense reimbursement, promoting corporate cards to reduce out-of-pocket expenses, and using automation, mobile apps, and training to improve compliance and satisfaction.

  2. SAP Concur Blog

    Four Necessary Actions to Prevent T&E Fraud

    According to the Association of Certified Fraud Examiners, businesses lose more than $3.5 trillion each year to fraudsters. Any employee reimbursement program carries fraud risk. The article recommends four measures: specify which apps employees may and may not use and update expense policy; implement a corporate card program to integrate T&E data and tighten controls; go beyond automation to integration for real-time visibility and tamper prevention; and conduct regular reviews and audits of the expense management system.

  3. SAP Concur Blog

    Maximizing Corporate Card Rebates: Our 80/20 Rule

    A SAP Concur blog post recommends using corporate card usage to gauge spend governance. It suggests a best practice of 80% card transactions and 20% cash spend to save authentication time before approval. Citing a JP Morgan study, it says automated systems boost clerical productivity and companies offering electronic expense reporting are more likely to use data mining to flag out-of-policy spend or card misuse. When employees use corporate cards, companies receive financial institution feeds on the posting day, giving visibility into amounts due and payment due dates, allowing department heads to adjust spending timing. The article provides a rebate formula: (total cash spend × percentage…

  6. 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

    4 Insights for CFOs as Travel Costs Emerge

    SAP Concur blog gathers expert panel insights on managing travel costs. 96% of employees are willing to travel in the next 12 months. 45% feel unable to develop business connections completely virtually. 89% will add personal vacation time to business trips in the next 12 months. 40% would prefer to sit next to a crying toddler rather than relinquish control over how they travel. Experts recommend AI/ML auditing and corporate card programs.