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Aug 12Wed
  1. Maycur News

    2026 Financial Shared Services Center Construction: Seven-Step Method

    Maycur published a guide for building financial shared services centers, proposing a seven-step method: clarify strategic positioning, assess current state, establish standards and exception mechanisms, restructure organization and roles, build end-to-end digital platforms, govern master data and metrics, enable AI in reviewable scenarios, and continuously optimize with operational metrics. The article emphasizes synchronized design of strategy, processes, organization, data, and technology, and provides POC and acceptance checklists.

Oct 28Mon
  1. SAP Concur Blog

    SAP Concur Podcast: Transforming Financial Functions and Elevating Professionals with AI

    SAP Concur published an article on how AI is transforming financial functions and elevating professionals, based on a podcast conversation with Nathanael L'Heureux, Chief Client Officer at Oversight. The article notes that the finance industry faces challenges of less talent entering, older generations retiring, and more demands on those who stay, with up to 80% of finance work estimated to be manual. AI can automate this work but requires human guidance. The article suggests using existing tool frameworks to evaluate AI technologies and becoming an AI thought leader.

May 22Wed
  1. SAP Concur Blog

    Navigating Spend Management in the Year of AI Adoption

    This SAP Concur blog post discusses the transformative role of generative AI in finance and spend management. It notes that Gartner predicts over 80% of enterprises will have embedded generative AI into their operations by 2026. AI enhances efficiency in data reconciliation, fraud detection, and risk management, allowing finance professionals to focus on strategic decision-making. The article also emphasizes real-time insights, trust and ethical considerations, and workforce preparedness.

Oct 26Thu
  1. SAP Concur Blog

    SAP Concur Releases AI Whitepaper: Solving Business Problems with a Human Focus

    SAP Concur released an AI whitepaper detailing nearly a decade of embedding AI in travel and expense solutions, citing survey data: 82% of finance leaders hope AI improves operational efficiency, 62% see it as essential for managing uncertainty, and only 11% of finance managers demonstrate digital competency. The article also outlines AI applications in cost estimation, receipt itemization, and mobile expense reporting.

  2. SAP Concur Blog

    SAP Concur Report Explores the Changing Role and Responsibilities of the CFO

    SAP Concur surveyed 220 finance leaders across seven markets and released a CFO Insights report. Findings show four of five top external challenges relate to global economic turmoil; CFOs respond by increasing market monitoring (57%), investing in innovation (40%), and automation and AI (33%); 68% of CFOs see AI as a threat to their position, while 82% believe it will make operations leaner.

Aug 23Wed
  1. SAP Concur Blog

    SAP Concur and NACo Discuss Finance Transformation for County Governments

    SAP Concur and the National Association of Counties (NACo) hosted a webinar on finance transformation for county government organizations. The article notes that counties face tight budgets, changing regulations, and rising demands for transparency and accountability. Finance transformation can improve efficiency and accuracy, address workforce changes, and strengthen compliance and accountability. Steps include evaluating the current state, defining objectives, developing a road map, and engaging stakeholders.

Jun 29Wed
  1. SAP Concur Blog

    EIU Survey: 91% of Executives Say Tech-Driven Expense Management Is Key

    A SAP Concur blog post cites an Economist Intelligence Unit (EIU) survey of 552 senior executives in 11 countries: 91% say technology-driven expense management systems are key to meeting spend policies and protocols, and 95% agree that real-time data analytics has helped keep spending and operations in line with company goals. The post notes the pandemic is accelerating adoption of cloud, AI, machine learning, and automation to achieve spend visibility, consistency, and compliance.

  2. SAP Concur Blog

    SAP Concur Podcast: How AI and SaaS Are Reshaping Finance and Expense Management

    In a SAP Concur podcast, Oversight's Mike Eberhard and Chris Juneau discuss how AI and machine learning help finance teams identify spending patterns. SAP Concur's Jeanne Dion says SaaS lets finance professionals implement technology quickly with a lighter IT lift, positioning them as more strategic partners. Juneau notes humans aren't ideally suited for pattern matching across vast data, and AI could be liberating for finance professionals. Dion points out that without AI, identifying fraudulent behavior can take up to 14 months. Eberhard sees back-office processes like expenses or payables as a perfect spot to automate, ignored for 20 years.

  3. SAP Concur Blog

    How Can Digital Spend Management Improve Work Life and Support Business Growth?

    SAP Concur blog notes post-pandemic employees expect flexible work locations and efficient tools. Finance and IT must collaborate on digital spend management to maintain employee satisfaction and support growth. An Oxford Economics study shows organizations that have digitalized expense or invoice management see increases in spend visibility (37%), organizational agility (47%), cross-functional collaboration (36%), and employee productivity (43%).

  4. SAP Concur Blog

    Oxford Economics: Cost-Conscious SMBs Better Leverage Spend Management Platforms

    A SAP Concur blog post cites an Oxford Economics study: cost-conscious SMB finance leaders achieve better outcomes while keeping expansion costs in line. The study reports 93% of cost-conscious SMB executives agree they have the right platforms and systems to adapt to their growing organization, versus 79% of less cost-conscious executives. The post notes that as companies grow, discretionary expenses such as travel, expenses, marketing, and office supplies can add up quickly, and intelligent automated technologies can help finance leaders proactively control costs and optimize cash flow.

  5. SAP Concur Blog

    A Quick Win for CIOs in Financial Transformation

    SAP Concur blog notes that CIOs can achieve a quick win by modernizing travel and expense systems, opening the door to more complex cloud transformation in finance. 66% of senior executives believe a strong IT-finance partnership enables agility. An IDC report found roughly 80% of AP managers' time is spent on lower-level tasks. 53% of respondents manage different spending types with separate applications. An ACFE report says it takes on average 14 months to detect a fraud scheme.

  6. SAP Concur Blog

    Oxford Economics and SAP Concur Study: How Finance Tools Fuel Business Growth

    The SAP Concur blog highlights a study by Oxford Economics and SAP Concur that surveyed 500 finance and IT executives worldwide, 350 of whom came from companies with 1,000 or more employees. The study found that large global enterprises often struggle harder than smaller companies with expansion challenges, as scale and complexity make more data, invoices, and administration difficult to handle. It identifies visibility into spending and attention to cash flow as pillars of successful growth, and argues that investing early in digital finance transformation to automate spend management makes sense.

  7. SAP Concur Blog

    Driving Business Agility, Growth, and Employee Engagement Through Transformative Finance and IT

    A SAP Concur blog post discusses how finance and IT leaders can drive business transformation through collaboration. It emphasizes that in rapidly changing markets, finance and IT need to break down organizational silos and leverage technologies like smart automation, AI, machine learning, and advanced analytics to achieve spend management, expense compliance, and cost control. Cloud-based and mobile-ready solutions ensure business continuity and improve employee satisfaction. The article also notes that real-time spend visibility enables companies to optimize supplier contracts and forecast months in advance.