SAP Concur Blog·· 2022-06-29
AMI-Partners: Automated T&E Management Saves SMBs Over $31,000 a Year
SMB Leaders: Do You Really Know How Much Manually Managing Company Spend Costs Your Business?
AI Overview
Citing an AMI-Partners survey, SAP Concur says SMBs that keep managing travel, expenses, and vendor invoices with spreadsheets or pen and paper lose time and money to inefficient processes, a problem that becomes clearer beyond 50 employees. The survey found SMBs using T&E automation save over US$31,000 per year, with Concur Expense users saving an average of $40,000; firms adopting vendor invoice management saved nearly $34,000 annually, and Concur Invoice users saved over $42,000.
Source:SAP Concur Blog · concur.com