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TodaySep 30Wed
  1. European Commission Press Corner

    EU adds €500 million to research and innovation support

    The European Commission has allocated an additional €500 million to Horizon Europe, its flagship research and innovation programme, bringing the two-year 2026-2027 budget to around €14.8 billion. The Commission is also widening the programme's scope with two new cross-cutting calls: Transformative Change Towards a Nature-Positive Economy and Society, budgeted at €237 million, and Bridging Actions 2027, with total financing of €260 million. Two monitoring reports published the same day show the programme has invested €61 billion in grants and €1.3 billion in equity across nearly 23,000 projects involving more than 34,000 organisations, including 20,000 companies, with the private sector rece…

Sep 2Wed
Jan 14Tue
  1. SAP Concur Blog

    What Energy & Utility Companies Are Getting Wrong About T&E Management — And How Digital Transforma…

    A SAP Concur blog post notes that 72% of energy and utility companies still rely on manual processes for travel and expense (T&E) management. Industry research shows 45% of sector leaders are prioritizing advanced T&E solutions to address evolving regulatory requirements, while 41% are focusing on supporting sustainability initiatives. Digital T&E management can achieve a 54% reduction in travel booking time, 43% improvement in expense report processing, and 50% acceleration in reimbursement cycles. The article also discusses FERC compliance requirements and change management strategies.

Nov 30Wed
  1. SAP Concur Blog

    SAP Concur Shares Ways for Utilities and Energy Companies to Improve Employee Experience

    A SAP Concur blog post discusses how utilities and energy companies can improve employee experience. It cites Gartner's prediction that employee turnover will be 50% to 75% higher than companies have previously experienced; Gallup data showing it costs up to two times an employee's annual salary to replace them; 78% of employees strongly believe their employer is responsible for helping them increase job satisfaction and well-being; and 34% of employees expect a seamless technology experience but feel they don't have one. The article recommends improving satisfaction with enterprise applications, automating expense reporting and approval processes, and automating mileage capture to enhance…

Aug 10Wed
  1. SAP Concur Blog

    SAP Concur: Transparency and Accountability in Energy and Utilities Spend Management

    SAP Concur published spend management guidance for the energy and utilities sector, noting the pandemic forced rapid digitization and organizations should now assess those rushed fixes. The T&E spend violation rate skyrocketed 292% from 2019 to 2020. Fraud remains a serious problem, with utilities seeing a median fraud loss of $200K. It recommends finance and IT collaboration and digital spend management tools for near real-time spend and cash flow visibility. An IDC report found 90% of decision-makers see room to improve spend control.