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Sep 25Fri
  1. SAP Concur Blog

    SAP Concur Outlines How Finance System Integration Unifies Spend Visibility

    SAP Concur published a blog post outlining the value of finance system integration for travel, expense and invoice data. It notes that such data often sits across ERP, HR, payroll and finance tools, creating friction between teams and slowing decisions. Through pre-built connectors, APIs and partner solutions, SAP Concur says travel, expense and invoice data can flow securely and in real time into existing systems, enabling a single view of spend, reduced manual reconciliation, faster month-end close and greater confidence in reporting and forecasting.

May 27Wed
Apr 21Tue
Oct 17Tue
  1. SAP Concur Blog

    SAP Concur: How AP Automation Is Fueling Strategic Procurement

    A SAP Concur article notes that expanding spending channels and payment methods, a decentralized workforce, and new vendor scrutiny have made procurement more complex. It says fewer than 20% of organizations have fully automated AP processes and 70% of global invoice processing is still paper based; AP automation reduces processing time by an average of 16%, cuts invoice processing costs by an average of 29%, and delivers up to 20% cost savings by reducing non-compliant spend.

Jul 26Wed
  1. SAP Concur Blog

    The Digital Transformation of Spend Management: Journeying Towards Streamlined Processes

    SAP Concur podcast summarizes Dermalogica's digital transformation case. Dermalogica grew from a 5-person company to over 150 employees and implemented SAP Concur's travel, expense, and purchase request and invoice platforms, reducing invoice processing time from 30-35 hours per week to one hour, achieving faster payment turnarounds and real-time spend visibility. The company also won the 2022 SMB Digital Innovation award.

Apr 6Thu
  1. SAP Concur Blog

    Bringing County Spending Under Control with Automated Expense and Invoice Processes

    A SAP Concur blog post aimed at county governments examines how manual expense and invoice processes undermine spending control. It notes that employees delay submitting travel expense reports because the process is time-consuming, so organizations may not know total travel costs until weeks later; vendor invoice sign-off takes an estimated 11 days from receipt; and accounting and finance staff each spend an estimated 14 hours a week processing expenses and another 13 hours handling vendor invoices. It recommends capturing spending earlier via a central invoice portal, purchase order processes, and mobile receipt capture, and using automation to cut errors and fraud risk and unify data for…

Jan 11Wed
  1. SAP Concur Blog

    Making the Case for AP Automation at Your Company

    A SAP Concur blog post notes that automating accounts payable reduces paper and manual entry, fewer lost invoices and late fees, more early pay discounts, increased efficiency, and a more accurate cash flow view. It cites data: invoice processing time decreased by 82% to 3.1 days per invoice, cost per invoice decreased by 80% to $2.78, and invoice exceptions decreased by 59% to 9%. Another study shows companies with automated AP process 64% more vendor invoices monthly, over 66% of teams reported cost decreases, with average savings of 20%. The article suggests building the case with efficiency and savings data plus a 'what's in it for you' strategy.

Nov 4Fri
  1. SAP Concur Blog

    IDP Education Streamlines Spend Management with SAP Concur and Ariba

    IDP Education, a global international education services provider, deployed SAP Concur Expense and Travel solutions to address inconsistent purchase-to-pay processes across multiple platforms. It became the launch customer to integrate SAP Ariba purchasing with Concur Invoice for payment processing. The nine-month project was completed in three phases, with the final phase managed remotely due to COVID-19. Within a year, user feedback was positive: purchase orders created in Ariba map to Concur Invoice, Invoice Capture uses AI to eliminate manual entry, and mobile access plus audit trails improve accuracy and timeliness of payments.

Jun 29Wed
  1. SAP Concur Blog

    SAP Concur: Automating AP Processes Eases the AP Team's Workload All Year Long

    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.

  2. SAP Concur Blog

    SAP Concur: How to Control Cash Flow with Expense Management Automation

    SAP Concur states that managing cash flow is about clear visibility into where money goes. By automating expense and invoice processes, organizations can reduce manual errors, improve accuracy, and make more informed spending decisions. The post recommends automating expense management for near real-time spend visibility, eliminating manual entry, human error, and compliance blind spots; and automating expense audits and invoice-to-PO validation to control spend before money leaves accounts. SAP Concur says its cloud solutions connect spending data from suppliers and credit providers, automatically audit transactions, apply spending controls, check for duplicate invoices, and provide detail…

  3. SAP Concur Blog

    Trends Driving the Need for Better Spend Management in SMBs

    AMI Partners surveyed over 400 SMBs and found that businesses automating expense, travel, and invoice management saw the greatest performance boost. Key trends include mobile workforce, multi-supplier invoice processing, and cost reduction pressures. Automation reduces invoice processing time and frees finance staff. 64% of businesses cite reducing operating expenses as a strategic goal.

  4. 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.

  5. SAP Concur Blog

    SAP Concur Explains Machine Learning in Travel, Expense, and Invoice Solutions

    SAP Concur published an article explaining machine learning (ML) applications in travel, expense, and invoice solutions. It describes Concur Invoice using SAP Leonardo to extract and classify data from invoice images; Concur Expense integrating with Office 365 to create expense entries from emailed receipts; ExpenseIt using ML to turn receipt photos into completed expense reports; Concur Detect by AppZen auditing 100% of expense reports; and ML use in TripIt and Concur Locate.

  6. SAP Concur Blog

    SAP Concur: Five Things AP Teams Didn't Sign Up For and the Automation Way Out

    SAP Concur lists five things AP teams didn't sign up for: tedious manual invoice processing, being overwhelmed by paper invoices, lacking authority to fix broken processes while being scapegoated, feeling ignored, and working weekends to approve invoices. The post states most SMBs have two to four AP professionals processing hundreds or thousands of paper invoices monthly. Manual processes cause difficulty tracking spending, incomplete documentation, duplicate data, poor cash flow visibility, and slow approvals. SAP Concur recommends invoice automation to cut processing time, free teams for spend analysis and cost-saving, and claims automation saves companies tens of thousands of dollars an…

  7. SAP Concur Blog

    SAP Concur Rolls Out UI Enhancements for Concur Invoice

    After an early adopter program with more than 40 clients, SAP Concur released user experience enhancements for Concur Invoice on April 13, 2019. To date, more than 200 clients have enabled the new interface. The update targets accounts payable users with a new Invoice Manager landing page that surfaces to-do tasks, plus modernized Unassigned Invoices and My Invoices screens. Users can toggle the enhancements on in Invoice Preferences; the changes become live for all Concur Invoice users after April 13.

  8. SAP Concur Blog

    Uncovering Hidden Costs and Opportunities in Invoice Processing

    This SAP Concur blog post explores hidden costs in invoice processing. According to AIIM research, the average cost to process a single invoice is $12.90. A typical SMB processes 450 invoices per month with a duplication rate of 1.29%, and labor costs make up 62% of total AP costs. The article recommends reviewing AP systems, centralizing invoice submission, and adopting automation to reduce errors.

  9. SAP Concur Blog

    Is Automation the Overlooked Secret to Small Business Growth?

    A SAP Concur blog post argues that process automation is an overlooked key to small-business scaling. It cites an AMI-Partners study of SMB finance decision-makers: 69% reported cumbersome manual processes, 60% struggled to track spending and 56% dealt with missing paperwork. The post says cloud automation improves visibility into spending and cash flow, saves accounting teams 16% of their time (about 40 hours per week on invoice processing), makes expense reporting up to 80% faster for employees and delivers average annual savings of about $34,000.

  10. SAP Concur Blog

    The Perks of Paperless Invoice Processing

    An SAP Concur blog post notes that most small and midsize business AP teams handle around 600 invoices per month, at least half of which are paper invoices. Invoices may pass through as many as 15 people before approval for payment. According to an IDC white paper, AP teams deploying Concur Invoice reduced time spent on invoice management tasks and manual processes by 34% and accelerated average time to pay vendors by 51%, equivalent to $511 for every 1,000 invoices processed. The article also highlights Schmetzer's Sporthaus's experience streamlining AP processes with Concur Invoice.

  11. SAP Concur Blog

    What Is Cloud ERP? From Y2K to Intelligent ERP

    The article reviews ERP history: the Y2K crisis accelerated ERP adoption, with U.S. companies spending $100 billion on Y2K fixes according to a Senate report. IDC data put the ERP market at $25.4 billion in total revenue in 2016, projected to reach $33.6 billion by 2021. It contrasts on-premise and public cloud ERP, noting cloud ERP is typically more affordable, updates faster and forces data standardization that underpins AI and machine learning.

  12. SAP Concur Blog

    Improving Visibility and Efficiency: The Lure of Automated AP

    The article notes that despite cloud technologies, most companies still rely on manual AP. An IFO study shows on average 50% of invoices are received by paper, 37% by email and 5% by fax. A 2016 Aberdeen Group study found manual invoice approval takes an average of 17 days and costs $31 per invoice. Ardent Partners research shows automation can reduce invoice processing costs by up to 70%.