SAP Concur blog discusses how intelligent technologies help control spend risk. Employees have more spending options, and traditional cost containment struggles. The Intelligent Enterprise uses ML, AI, and IoT to provide visibility, focus, and agility, unifying spend views, improving compliance, optimizing employee experience, and providing flexible tools.
SAP Concur published an article explaining how the 'Intelligent Enterprise' concept applies to travel and expense management. It states that by collecting, normalizing, enriching, and connecting previously siloed data, companies can improve visibility, focus, and agility in spend control. Finance teams gain better control over spending, while HR, travel managers, and security officers can improve the employee travel and duty of care experience. The article emphasizes that bringing travel, expense, and invoice management systems together eliminates complex user experiences and accelerates value creation.