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#费用管理

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Jun 29Wed
  1. SAP Concur Blog

    Looking Under the Hood at Traditional Vehicle Programs

    A SAP Concur series article analyzes vehicle program risks for high-mileage drivers. Drivers logging more than 5,000 reimbursable miles annually create exposures including vicarious liability, tax issues, mileage fraud, volatile fuel prices and employee dissatisfaction. It compares three common approaches: flat car allowance (predictable but taxable and unrelated to actual mileage), cents-per-mile reimbursement (insufficient for low-mileage drivers, excessive for high-mileage drivers, with fraud potential), and fleet vehicles (company assumes 24-hour risk, with accident rates as high as three times the U.S. national average). A follow-up will cover the fixed and variable rate (FAVR) approac…

  2. SAP Concur Blog

    Rethink How Your Organization Handles CME Spend

    A SAP Concur blog post notes that hospitals and healthcare systems are using continuing medical education (CME) to attract talent and improve quality, but CME budget management faces three key problems: manual processes, limited visibility, and difficult control. The article suggests organizations rethink CME spend management and leverage automation tools to improve efficiency.

  3. 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.

  4. SAP Concur Blog

    Robots Won't Steal Every Job But Will Do the Parts No One Likes

    A SAP Concur blog post looks at how intelligent technology will affect travel and expense management: trips that book themselves, expense reports that write themselves, and data that analyzes itself. It cites data: 80% of business travelers rely on their phone to conduct business and 88% believe technology makes travel easier to navigate; 63% of business travel managers feel travelers' risk has increased and 52% fear it will rise more in the next year; 88% of CFOs point to T&E costs as a way to optimize working capital; and 49% of today's jobs will be affected by automation.

  5. SAP Concur Blog

    What's Holding SMBs Back from Automating Travel, Expense, and Invoice Management

    A SAP Concur blog post argues manual and spreadsheet-driven processes are costly and inefficient at any scale, with an even bigger impact on resource-constrained SMBs. It cites data: 26% use spreadsheets to manage expenses, 49% of small businesses still use handwritten records to track spend, accounting and finance staff spend 14% of their time each week processing invoices, 50% of SMBs say manual processes hinder cash flow visibility, 42% report invoice reconciliation errors, and 75% of finance leaders say their business often exceeds expense, travel, and invoice budgets. It groups reasons SMBs haven't automated into four categories and cites AMI-Partners data showing automation yields ave…

  6. SAP Concur Blog

    Encouraging Innovation at SAP Concur Through Hackathons

    SAP Concur held the Spike Global Hackathon finals on January 30, 2018, where 12 teams from around the world out of over 100 competed. Projects ranged from visualization tools using machine learning to predict expense and travel trends, to bot assistants that speed up expense processes. To date, internal hackathons at SAP Concur have generated over 200 hacks, some of which have been integrated into internal toolchains and customer products. Team Constructors won with an event-based batch job approach, achieving 50% less instance utilization.

  7. SAP Concur Blog

    SAP Concur: Managing the Surge of Unused Tickets Post-Pandemic

    An SAP Concur blog post highlights that the COVID-19 pandemic has led to a surge in unused tickets from canceled trips, posing significant challenges for corporate travel management. The article analyzes hurdles such as identifying unused tickets, dealing with multiple TMCs, and allocating funds. It proposes four best practices: using air contracts with preferred carriers, mandating TMC usage, consolidating TMCs, and implementing a corporate card policy to help organizations recoup costs and enhance control.

  8. SAP Concur Blog

    SAP Concur Helped Peabody Essex Museum Create a Virtual Guest Experience

    A SAP Concur blog post describes how the Peabody Essex Museum (PEM) in Salem, Mass., closed in mid-March during COVID-19 and needed to offer a museum experience online. PEM's decision three years earlier to digitize back-office operations using SAP Concur solutions for travel, expense, and invoice processes reduced administrative burdens and made vendor onboarding and payment faster and easier. Valerie Blatt, who heads SAP Concur global SMB, said that without automated processes and data visibility, organizations cannot pinpoint discount or cost-saving opportunities. She noted that more SMBs are turning to automation software to protect cash flow, improve efficiency, and control costs.

  9. SAP Concur Blog

    SAP Concur: What Expense and AP Automation Really Means for Your Job

    SAP Concur published a blog post discussing the impact of expense and AP automation on finance staff. The article notes that automation can reduce repetitive manual tasks, allowing finance staff to focus on higher-value work such as strategic analysis and vendor negotiations. It cites a World Economic Forum projection that by 2025, automation will disrupt 85 million jobs while creating 97 million new ones. The article also covers benefits in compliance, accuracy, cost control, and business insights, citing cases from companies like Alkermes, Plymouth Rock Assurance, and CareerBuilder.

  10. SAP Concur Blog

    SAP Concur Named G2 T&E Leader for Summer 2019

    SAP Concur announced it was named a G2 leader for summer 2019 in Travel Management, Expense Management, and Travel and Expense categories, with more than 4,000 users ranking it #1. G2 Market Research Director Kara Kennedy said SAP Concur earned its Leader position by demonstrating a large market presence and receiving high satisfaction ratings, with users especially appreciating its receipt capture, employee reimbursement, and bank/credit card integration features.

  12. SAP Concur Blog

    ITW Adopts SAP Concur for One-Stop Travel Solution

    Fortune 500 engineering firm Illinois Tool Works (ITW) adopted SAP Concur's integrated travel and expense solutions. Previously, ITW spent $3 million annually to serve only U.S. employees; after implementing SAP Concur, costs were reduced by $1 million and services expanded to 33 countries. Cathy Sharpe, Director of the Global Travel and Expense Group at ITW, noted that SAP Concur helped achieve significant cost savings and global reach.

  13. SAP Concur Blog

    Does Your Expense Management Work from Anywhere?

    SAP Concur blog post discusses the challenges of expense management in a hybrid work environment and provides a checklist to help businesses assess whether their expense management processes meet remote work demands. It recommends automating expense management from data capture to reporting and analytics, and paying attention to new spending categories, approval times, and employee feedback.

  14. SAP Concur Blog

    Concur Travel & Expense Recognized as a 2021 Top-Rated Software by TrustRadius

    SAP Concur announced that Concur Travel & Expense has again been named a Top-Rated Expense Management Software in both the Expense Management and Travel Management categories by TrustRadius. The TrustRadius Top Rated Awards are based entirely on customer feedback and have become the industry standard for unbiased recognition of B2B technology products since 2016. Each month, about 500,000 B2B technology buyers use more than 220,000 verified reviews and ratings to make purchasing decisions. The 800+ reviews from verified users highlight features like positive user experience, budget visibility, mobile receipt capture, and time savings. Megan Headley, VP of Research at TrustRadius, noted that…

  15. SAP Concur Blog

    SAP Concur: Five Steps to Supercharge Organizational Purchasing Power

    A SAP Concur blog post states that with tighter budgets, many organizations are examining purchasing to find savings. For organizations without a formal procurement department or full-time purchasing staff, employees who purchase as a small part of their jobs represent a big savings opportunity, but they may be unfamiliar with the purchasing program, supply chains, or supplier relationships, leading to unnecessary spending and rework. The post offers five steps: set clear purchasing policies, train the team, explain the 'why' behind policies, streamline with technology to centralize purchasing, and continually gather feedback to improve. It emphasizes that even small purchases can yield big…

  17. SAP Concur Blog

    Three Ways Automation Can Improve Employee Spending Efficiency for K-12 Schools

    SAP Concur blog discusses challenges in K-12 school employee spending management. A 2018 New York Times article citing a Federal Department of Education survey states 94% of public school teachers reported spending an average of $479 of their own money on classroom supplies, with 7% spending more than $1,000. An audit of Denver Public Schools found $92 million worth of Visa transactions over two and a half years, with $2 million in purchases that appeared to contradict school policy but were approved. The article recommends automating travel, expense, and invoice processes to improve efficiency, compliance, and budget visibility.

  18. SAP Concur Blog

    SAP Concur Explains Accounts Payable Automation and Cost Savings

    SAP Concur published an accounts payable (AP) guide explaining that AP refers to money a business owes its creditors, with a typical process covering invoice delivery, review, approval, and payment. Citing a survey of 420 businesses across five countries, it notes 69% of respondents cited inefficiency of manual processes and 56% reported missing documentation. AP automation digitizes vendor invoicing; AIIM research shows an average 29.2% reduction in invoice processing costs, with nearly one-third of businesses cutting costs by 50% or more.

  20. 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.

  21. SAP Concur Blog

    SAP Concur Survey: Remote Work Poses Productivity Challenges for US State and Local Governments

    A survey commissioned by SAP Concur of 500 US state and local government finance and administration decision-makers found remote work poses productivity challenges for these departments. Only 11% of respondents said they have a fully automated platform allowing employees to track travel and expenses, and 39% said they have made no investments in expense and travel-related technology at all. 67% of decision-makers are managing three or more additional work tasks due to COVID-19, and 55% of governments have the added responsibility of redirecting funds for essential services such as public health and safety. 75% of respondents said COVID-19 accelerated their department's decision to invest in…

  22. SAP Concur Blog

    RXBAR Turns to Concur Expense for Transparent Spend Visibility

    A SAP Concur blog case study describes how RXBAR, a whole-food protein bar company, needed more transparent expense data to support agile decisions during rapid growth. RXBAR implemented Concur Expense, a cloud-based automated employee expense solution. Kelsey Letizia, VP of Finance & Global Controller, said the tool makes it easy for employees and finance to track spending and includes a mobile app for on-the-go expense tracking. Better expense visibility let her make more informed business decisions quickly.

  25. SAP Concur Blog

    SAP Concur: Reimagining Travel and Expense Processes with AI and Machine Learning

    A SAP Concur blog post says most companies are still in the early vision and planning stages of AI and ML deployment, but these technologies can be used now to transform travel and expense processes. It notes that as countries increase regulations and enforcement, managing T&E compliance is more important than ever, and traveling employees face stricter immigration and taxation rules, such as having to file a foreign tax return for a single business trip. The post says AI- and ML-enabled solutions connect to systems inside and outside the organization to capture and analyze T&E data, helping companies track employee movements, identify hidden risks, prevent non-compliant practices and incre…

  26. SAP Concur Blog

    SAP Concur: Travel and Expense's Key Role in Improving Employee Experience

    Citing research by Oxford Economics with SAP Concur, the blog notes that 1 in 3 employees who expect a seamless technology experience do not get one. Poor travel and expense technology can lower compliance, efficiency, and retention. Mobile receipt capture, automated approvals, embedded policy prompts, and integrated itinerary and safety information can improve employee experience while raising compliance and efficiency.

  27. SAP Concur Blog

    Survey: State and Local Government Finance Teams Face Remote Work Challenges

    A SAP Concur blog cites a Wakefield survey of 500 state and local government finance and administrative departments. 67% of staff took on three or more new responsibilities; 88% cited accessing information and tools as the top remote-work challenge; 89% lack a fully automated platform to track travel and/or expenses; and predicted average budget shortfalls for the upcoming fiscal year are 24%. 75% said the pandemic accelerated their decision to invest in cloud-based budget management solutions.

  28. SAP Concur Blog

    SAP Concur Discusses Expense Automation and Mobile AI as New Norm

    SAP Concur article discusses how expense automation and mobile AI are changing traditional expense reporting. It cites client PoHwer reducing claim compilation from 3-4 hours per month to 30 minutes. The article also notes that 95% of CFOs consider cloud-based applications critically or very important to financial performance, and advises businesses to embrace automation with an open mind.

  30. SAP Concur Blog

    Corporate Spending Innovations Launches CSI Paysystems in SAP Concur App Center

    Corporate Spending Innovations launched CSI Paysystems, an integrated payments automation platform, within the SAP Concur App Center. The integration with Concur Invoice streamlines accounts payable automation, covering invoice capture, approval workflows, payment decisioning, and reconciliation. Customers can sync vendor data, scan and code invoices, automatically send payment data to CSI Paysystems for supplier payments including secure virtual card payments, and view payment status and settlement data within Concur Invoice.

  32. 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…

  33. SAP Concur Blog

    SAP Concur: 5 Ways Tech Will Impact the Future of K-12 Schools

    SAP Concur published a blog post discussing the impact of technology on the future of K-12 schools. The article notes that automating administrative tasks can free teachers and staff to focus on teaching. Smart expense management systems can help schools control budgets, improve efficiency, and enhance supplier relationships. Additionally, technology can strengthen compliance and reduce fraud risk. The article was written by Sasha Nunes, COO and co-founder of N&B Team Consulting.

  35. SAP Concur Blog

    Build Business Resilience Through Digital Finance Transformation

    SAP, in collaboration with Bain & Company, outlines six strategies for building business resilience through digital finance transformation: scenario planning, strengthening working capital, improving spend visibility, finding cost savings, eliminating low-value work, and planning for new ways of working. It emphasizes automating expense and invoice management and integrating with ERP systems to provide real-time data and analytics for cost control, cash flow optimization, and future planning.

  36. SAP Concur Blog

    How Smith & Nephew Eliminated Manager Expense Approval

    A SAP Concur blog post describes how global medical devices company Smith & Nephew eliminated manager expense approval. Travel and expense lead Jorge Monge says the biggest challenge was assuring managers that expenses are properly controlled and compliant. After adopting artificial intelligence technologies, the company not only completely removed the manager approval step but also increased expense reporting accuracy. Monge says Concur Detect enabled the change and positioned the company as a benchmark internally and externally. The company took a top-down approach, securing buy-in from compliance, legal, and communications stakeholders, and emphasized efficiency and compliance benefits.…

  37. SAP Concur Blog

    Say Goodbye to Manual Expense Reports and Other Dinosaurs

    A SAP Concur blog post argues that manual expense reporting is slow, error-prone, and costly over time, with every step requiring manual handling. Paper receipts get lost, making reconciliation difficult. The post recommends moving to an automated system to save finance team time, reduce errors, speed reimbursement, and improve employee satisfaction. Automation also enables mobile receipt capture, eliminating lost receipts and improving real-time visibility into company spend.

  38. SAP Concur Blog

    How the Pandemic Changed CME Spend for Healthcare

    A SAP Concur blog post notes the pandemic changed how physicians approach continuing medical education (CME). A 2020 PlatformQ Health survey of 200 physicians found 9 in 10 said they will use online courses as their primary CME format post-COVID-19, while at least 22% still plan to seek most CME at in-person meetings. The article lists three CME spend management problems: manual processes relying on spreadsheets and paper receipts are hard to manage and error-prone with remote work; limited visibility makes it hard to track compliance as online and incentive-based CME grows; and budgets are hard to control without pre-approval and adjustment capability. SAP Concur customer data shows 40% of…

  39. SAP Concur Blog

    SAP Concur Appoints Jim Lucier as President

    SAP Concur announced the appointment of Jim Lucier as president, effective July 1, 2019. Lucier, previously Chief Revenue Officer for North America and Chief Services Officer, will succeed retiring Mike Eberhard. Eberhard, president since October 2016, will serve as an advisor after the transition. Christal Bemont was promoted to Chief Revenue Officer for global sales. Barry Padgett, president of SAP Intelligent Spend Group, will oversee supplier spending across Ariba, Fieldglass, and Concur.

  40. SAP Concur Blog

    SAP Concur Publishes End-of-Year Finance Team Survival Checklist

    The SAP Concur blog published an end-of-year survival checklist for finance teams, noting that December 19 was the busiest expense day last year. It recommends reducing distractions, holding team planning meetings, and evaluating and automating expense processes to handle the year-end peak. The checklist covers turning off message alerts, scheduling focused work time, holding year-end planning meetings, creating vacation calendars, reviewing current expense processes, and identifying automation opportunities.