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SAP Concur Blog·· 2022-06-29

Travel Management for SMBs: Spend Control That Belongs in the Budget

If You Don’t Have Room for Travel Management in Your Budget, You Must Have a Pretty Big Budget

AI Overview

A SAP Concur blog post aimed at SMBs argues the question is not how much a travel and expense management solution costs but how much it saves. Citing IDC MarketScape, it recommends moving from spreadsheets and manual expense reports to cloud-based T&E management software. The article stresses that employee safety is paramount: without visibility into itineraries and credit card spend, it is difficult to locate, reach, and if necessary retrieve employees, making duty of care hard to fulfill. Real-time T&E data viewable by category, vendor, cost center, team, and employee helps cut costs, spot savings, expose hidden spending, and strengthen supplier negotiations. Automation and analytics also…

Source:SAP Concur Blog · concur.com