SAP Concur: Use Expense Category Summaries to Keep Spend on Track

SAP Concur published a blog recommending that businesses use expense category summary data to manage budgets. The article cites a Forrester report that 60% of IT decision makers are unsatisfied with T&E reporting and analytical capabilities, and notes that 75% of finance leaders say their business often exceeds expense, travel, and invoice budgets. SAP Concur recommends a single platform, employee education, and audit rules to improve spend visibility, and regularly running spend-by-expense-category reports.