SAP Concur article emphasizes the importance of accounts payable (AP) automation. Businesses spend an average of 13 hours per week processing invoices; automation can reduce misplaced invoices by 22%, save 12 hours weekly, and save approximately $44,000 annually. It recommends cloud solutions integrated with ERP and mobile access.
SAP Concur article notes that manual invoice management leads to duplicate payments, missed deadlines, and other issues. Nearly a third of companies see duplicate invoices as a top financial challenge, and 43% lack cash flow visibility. Automated invoice management can save 122 hours per week and $44,000 annually.
A SAP Concur blog post notes that invoices from outside the procurement system and supplier network, such as catering and marketing printing, are hard to capture and bring into compliance. It recommends technology that includes pre-spend authorizations, automatically captures invoices, matches purchase orders, receipts, and invoices, and flows data into accounting systems. The post also states that organizations running SAP Concur Invoice earn a 505% ROI over five years.
This SAP Concur blog post argues that accounts payable (AP) automation doesn't have to be a big-bang project. Companies can start from their current state and take small steps to gradually transition to full automation. The article outlines three common stages: manual paper-based processes, some automation, and full automation. Benefits include greater visibility into spend, improved payment strategy, faster reimbursements, and better cash flow.
The SAP Concur blog addresses accounts payable (AP) professionals, recommending continuous learning, peer networks, and industry events to sharpen skills and influence. It cites a survey of 500 finance and IT leaders at small and midsized firms, with nearly half (47%) saying the pandemic exposed inefficient business processes. It also introduces tools like Spend Impact Analyzer and promotes AP Recognition Week each October.
SAP Concur published a case study on how investment advisory firm Mairs & Power automated its accounts payable processes by implementing Concur Invoice. The firm, with over $9.5 billion in managed assets, previously had its finance team bogged down by administrative tasks. After implementing Concur Invoice, Accountant and Financial Analyst Luke Odegaard gained an entire day every week back to focus on strategic growth. The company also gained better visibility into invoicing and expenses to support business decisions.
A SAP Concur blog post notes that the integration of purchasing cards (p-cards) has freed organizations across industries from paper-based purchase orders. As p-card transaction volumes continue to grow, healthcare organizations are seeking more efficient ways to increase control and visibility over this spend category. Manually managing p-cards slows down the AP process, causes missed rebates, and can lead to waste, out-of-policy spending, and fraudulent activity. SAP Concur's Company Bill Statements solution simplifies and centralizes the p-card process, enabling purchase-to-general-ledger completion in days rather than weeks.
SAP Concur published an article discussing how city governments can improve efficiency through automated expense and accounts payable management. The article notes that remote work and paper invoice backlogs increase management challenges, and recommends integrated expense and AP systems to control costs, track employee spending, and simplify budget management. Automation can increase productivity, reduce errors, improve cash flow, enhance compliance, and reduce fraud risk.
The article recommends four questions for evaluating B2B payment providers: whether the payment solution is customized or out-of-the-box; what the provider means by 'vendor analysis'; how the provider supports onboarding new vendors; and how well its platform integrates with your systems. It notes that checks are being replaced by faster, easier, and more secure digital payment methods, helping businesses save money and even generate new revenue streams. A CSI executive said its vendor analysis draws on hundreds of thousands of accepting vendor records from a 20-year internal database plus Mastercard and Visa data.
In an AP Recognition Week post, SAP Concur notes that accounts payable (AP) is often the last line of defense for small and midsize businesses (SMBs) managing cash flow. Many AP teams still handle paper invoices with convoluted workflows and non-disaster-proof storage. The post states that most SMBs it works with process around 600 invoices per month, at least half arriving as paper, causing heavy manual data entry, approvals, and reconciliation. SAP Concur recommends cloud-based AP tools such as Concur Invoice to automate invoice receipt, processing, payment management, and settlement, enabling faster audits, better cash flow management, and increased spend visibility.
This article discusses the challenges state and local government agencies face in spend management, noting that relying on outdated manual systems actually does more harm than good. Partnering with Route Fifty, it reveals obstacles agencies encounter when updating expense and vendor invoice management systems, and notes that the arrival of a new generation of tech-savvy IT and finance professionals is driving the adoption of digital tools.
SAP Concur published an article emphasizing the importance of a supplier invoice policy. An effective policy can reduce time spent approving and processing invoices, handling exceptions, and storing and retrieving documents. The article suggests the policy should include a statement of purpose, company expectations and compliance, areas of ambiguity, and consider purchase orders, invoice coding, approvals, retention periods, and payment terms. Automated invoicing software can further improve efficiency and control spend.
Comdata has unveiled a native integration with Concur Invoice, offering businesses a streamlined, paperless way to receive supplier invoices and execute secure electronic payments. Through Comdata's integration with the Mastercard network, clients earn rebates on invoice payments. The solution works with a client's ERP or accounting system, allowing existing approvals and workflows to be retained.
SAP Concur gives three reasons to automate invoice processing: saving time and money, improving vendor relationships, and gaining better financial visibility. AIIM found companies using invoice automation see a 29.2% reduction in processing costs. Ardent Partners research shows 40% of finance executives prioritize improving payables reporting and analytics.
SAP Concur blog discusses how AI can automate accounts payable processes to reduce costs, errors, and improve compliance. It notes the average cost to manually process a single supplier invoice is £9, while AI can automatically capture invoices, provide dashboard views, and flag issues. Businesses using Concur Invoice reported an 18% increase in policy compliance and a 46% improvement in staff productivity.
The article notes that travel and expense (T&E) questions and complaints, expense report approvals, and monitoring of accounts payable processes are often caused by outdated, confusing, or non-existent policies. Growing businesses can change greatly in short periods, leaving policies outdated or even obsolete. It recommends reviewing and updating expense and AP policies at least once a year and after every relevant large change to the organization's business, because these policies govern how employees get reimbursed, how money flows through the company, and what will be paid or denied. Policy check-up points include: be clear and to the point, avoiding legalese and corporate jargon; ensure…
An SAP Concur blog post notes that accounts payable (AP) teams still face many manual processes, such as tracking receipts, reviewing expense reports, and digging through paperwork. It cites a TechRepublic survey indicating that as much as 38% of the workforce plans to leave their current job in the next few months, meaning the 'Great Resignation' continues. The article recommends digitizing expense reports and AP processes to reduce processing time, increase efficiency, and improve accuracy, freeing finance and AP teams to focus on more strategic work such as monitoring broader spend strategy and reclaiming eligible value-added tax.
SAP Concur offers Concur Invoice to help state and local governments automate accounts payable processes, reduce manual work, stabilize operations, and provide spend visibility during uncertain times. The solution uses SAP Leonardo machine learning for a touchless process, supports remote vendor invoice capture, mobile approval, and near real-time visibility, and provides audit trails and secure cloud storage.
A SAP Concur blog post cites International Data Corporation (IDC) research analyzing the costs and benefits of switching to a cloud-based accounts payable solution. It lists five reasons: cloud AP solutions redefine how businesses engage with stakeholders, with average time to pay vendors accelerating by 51% and late payments cut by 67%; manual AP processes are slow, inefficient, fragmented, and prone to error, with one business reducing its error rate by 90% after automation; invoice management software provides a more accurate picture of finances; automation improves user productivity, with line-of-business employee productivity up to 11% and IT staff productivity gains equivalent to $23,…
SAP Concur blog notes that state and local government finance departments face pressure from reduced funding, increased service demand, and fewer staff. It recommends automating, integrating, and digitizing AP processes to address remote work challenges and improve financial discipline.
SAP Concur blog notes many schools have invoice processing errors, leaving spend opaque. It recommends automating AP systems to reduce costs, improve efficiency, increase compliance, and mitigate risk. SAP Concur processed 12 million invoices for customers last year and prevented over $1.4 million in duplicate payments.
SAP Concur blog cites IDC research showing that cloud-based accounts payable and invoice management solutions can significantly improve efficiency, compliance, and visibility. IDC study found organizations using Concur Invoice achieved average benefits of $2.75 million over five years, with a 505% ROI.
This SAP Concur blog post offers tips for small business spend management. It cites Concur data showing small businesses receive an average of six duplicate invoices totaling over $12,000 each month. It recommends tracking all spending in real-time and automating AP processes to increase efficiency and reduce costs.
A SAP Concur blog post targets aerospace, defense, and government contracting organizations, promoting Concur Invoice's accounts payable automation. It says automating AP can reduce manual work, stabilize operations, and provide spend visibility during uncertainty; the solution uses SAP Leonardo machine learning, less human validation, and a secure cloud. Teams can capture vendor invoices remotely, managers can approve invoices via the Concur Mobile app, AP teams get near real-time visibility, and users can edit audit thresholds and choose payment vendor options with one click.
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.
In a 12-minute video, Kyle Lieblein, senior solutions consultant for SAP Concur, and Don Carnevale, director of corporate marketing at NeoSystems LLC, discuss the importance of efficient accounts payable processes and tools, and share specific questions federal contractors should ask about their AP system.
Conferma Pay has expanded its role in the SAP Concur partner program, integrating its virtual payment technology with Concur Invoice. When a business receives a supplier invoice, a virtual card can be generated for the specific amount within Concur Invoice, and pre-authorized payment details are securely provided to the supplier. The virtual payment is automatically reconciled against the invoice, reducing manual work for finance teams. Paul Raymond, Director Strategic Relationships at Conferma Pay, said this expands virtual card payments to a wider range of B2B scenarios, increasing automation, reducing fraud risk, and improving spend control.
The article introduces how Concur Invoice helps higher education institutions automate accounts payable, reduce manual work, provide spend visibility, and enable remote invoice approval via mobile app, ensuring audit compliance.
A SAP Concur blog post offers recovery preparation advice for small business owners, including setting up expense policies, optimizing AP processes, smart tracking and monitoring of spending, and using technology to increase efficiency. Citing U.S. Small Business Administration data, small businesses generate 44% of economic activity. The article also notes that companies adopting cloud-based technology to automate expense management increased process efficiency by 42%.
An SAP Concur blog post explains how invoice automation digitizes the vendor invoicing process to create faster, leaner, more cost-effective AP workflows. Data cited includes: 62% of organizations report financial losses from fraud in the last three years; invoice processing time decreased by 82% to 3.1 days per invoice; cost to process each invoice decreased by 80% to $2.78; invoice exceptions decreased by 59% to 9%. Only 51% of organizations say they can immediately recognize AP fraud, and 36% still report using no technologies to detect or prevent finance fraud. The article also lists capabilities to consider when evaluating automated AP solutions, including OCR capture, AI planning, das…
The article emphasizes the need for government agencies to adopt modern AP software to address remote work and efficiency challenges. Automation captures, validates, and approves invoices, shortens processing times, avoids late fees, and integrates with travel and expense management for better visibility and fraud prevention.
A SAP Concur blog offers four ways to simplify invoice management in the hybrid work era: automate invoice processing and connect with expense report and p-card processes; integrate with back-end ERP, finance, and accounting systems for accurate data and a single source of truth; flag errors and missing information before invoices reach AP to reduce exceptions; and automate payments through integrated, controlled processes via banking and financial service partners.
The SAP Concur blog states that accounts payable plays a critical role in managing spending and preparing for change, and a strong vendor invoice policy is key to building agility. It offers seven tips for policy design, including cross-departmental collaboration, standardizing invoice submission and payment methods, reviewing drafts, emphasizing benefits, ensuring accessibility, taking questions, and seeking process improvements. The policy should cover purpose, compliance expectations, delegation of authority and approval chains, periodic review, and operational subject areas.
A SAP Concur blog post discusses the benefits of automating government invoice payments. It cites AIIM data: the cost to process one invoice is on average between $13 and $25, and processing a single paper check adds another $7.15. SAP Concur partnered with StateScoop to quantify the costs of manual AP systems. The article lists five benefits of automating invoice payments: increase productivity and employee satisfaction, get more visibility into spending, manage invoice payments from anywhere, be more efficient and generate revenue, and reduce audit and compliance costs. The report concluded that automating invoice payments can pay for itself in less than one year.
A SAP Concur blog post offers six ways to optimize invoice processes during disruption. Citing a GBTA survey where 96% of businesses described COVID-19's impact as significant, it recommends accelerating invoice capture, approvals, and processes. Methods include: doing things digitally, eradicating duplication and fraud, on-the-go approval, automating policy adherence, keeping communication with suppliers, and spotting trends to adapt. The article also describes how Concur Invoice provides visibility, speeds up payments, and integrates travel and expense data.
SAP Concur announces the integration of AvidXchange's AvidPay with Concur Invoice, providing cloud-based accounts payable automation. This integration allows Concur Invoice customers to pay suppliers efficiently through the AvidPay Network, including virtual card and AvidPay Direct (ACH+ product). Customers benefit from fast and secure payments, reduced check processing costs, lower fraud risk, and support from a supplier services team.
A SAP Concur blog post provides a 90-day action plan for new finance leaders, divided into three months: month one focuses on information gathering and learning, month two on evaluating learnings and identifying improvement opportunities, and month three on collaborating and creating a plan. The article emphasizes building relationships, understanding systems and data, and using technology to optimize expense and accounts payable processes.
The article says healthcare organizations still rely on manual processes, disconnected systems and spreadsheets for accounts payable, limiting visibility into invoices, suppliers and spending. Citing Ardent Partners' Accounts Payable 2026 report, it identifies automation, data management, real-time compliance, fraud prevention and closer AP-treasury alignment as major 2026 forces. An IOFM report found best-in-class AP teams operate at 77% lower invoice-processing costs, process more than twice as many invoices per employee, and need correction on only 7% of transactions.
SAP Concur published an article citing an IDC study of several businesses, finding that companies deploying Concur Invoice saw multiple benefits: greater visibility into business performance driving smarter decisions; 505% return on investment over five years; a five-month payback period; 99% of employees using a cloud-based system complied with company procurement policy; and productivity increased an average of 11% due to mobile enablement. IDC said automating the invoice process not only improved efficiency and productivity but also provided big-picture data visibility and increased employee satisfaction.
The article highlights challenges faced by higher education institutions during the pandemic in invoice and expense management: 44% of finance and admin leaders struggle with invoice volume, 42% with new spending categories, and 41% with unexpected expenses. Manual processes lead to fraud risk, errors, and delays; automation is the solution.