SAP Concur Predicts Greater Integration and Connection in Expense Management in 2023

A SAP Concur blog post predicts a marked shift in how workplace tools connect and integrate from 2023 into 2024. Citing an early 2022 SAP Concur pulse survey, it notes that 57% of U.S. finance managers use multiple applications, and 17% use multiple applications with no integration. Additionally, 86% of business travelers reported their company had been delayed in reimbursing expenses at least once in 2021, and 89% said delays impact their personal finances. The article argues that more integrated travel and expense solutions will provide better spending visibility, more efficient finance processes, and ultimately faster reimbursements.