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Thursday 14 March

1 updates
Payments & expense
SAP Concur BlogIndia / Germany / Italy / United States / Malaysia

2024 SAP Concur Innovation Award Winners Announced

SAP Concur announced seven 2024 Innovation Award winners showcasing travel and expense automation. Bechtel piloted Concur Select Access powered by Travelfusion to display NDC content alongside GDS fares, reducing out-of-channel direct bookings and improving Duty of Care reporting. Uber used Concur APIs and automation to save more than 5,000 employee hours, automate resolution of over 70% of expense-related help desk tickets, and drive corporate card adoption above 90%. KUKA made hotel and entertainment expense creation seven times faster. Stellantis unified T&E processes across 30 countries, with 98% of employees covered by Concur Expense, estimating savings of more than EUR1 million. PETRO…

Wednesday 29 June

2 updates
Payments & expense
SAP Concur BlogChina / Asia / India / Singapore / Japan / Malaysia

Business Travelers Can Make a Bigger Environmental Impact

A SAP Concur blog post notes that business travel decisions are typically optimized for cost and time efficiency, not environmental sustainability, and many organizations still use paper-based booking and expense processes. IOFM found the average business receives 63% of invoices as paper, and 62% manually handle over 75% of paper invoices. APQC research shows finance workers spend 49% of their time processing transactions. The article recommends digitalization and automation to reduce environmental impact, citing NEC's case: reduced T&E management time by 40% and saved about $1.8 million annually with SAP Concur.

Policy & visas
SAP Concur BlogIndia / Georgia / United States

New FCPA Enforcement Actions: Are You Mitigating This Risk?

SAP Concur published an article analyzing two recent FCPA enforcement actions by the U.S. Department of Justice (DOJ). Both cases were resolved through 'declinations with disgorgement,' with companies paying approximately $11.2 million and $4 million respectively. The DOJ stated that lenient treatment was based on timely voluntary self-disclosure and full cooperation. The article also outlines the FCPA Pilot Program framework for voluntary self-disclosure and full cooperation, and recommends companies manage risk through T&E tool configuration, data visibility, and compliance reporting.