SAP Concur Blog·· 2025-01-14
What Energy & Utility Companies Are Getting Wrong About T&E Management — And How Digital Transforma…
What Energy & Utility Companies Are Getting Wrong About T&E Management — And How Digital Transformation Can Help
AI Overview
This SAP Concur blog post notes that 72% of energy and utility companies still rely on manual T&E management processes, posing compliance risks and inefficiencies. It emphasizes that digital transformation can bring significant improvements, such as a 54% reduction in travel booking time, 43% improvement in expense report processing, and 50% acceleration in reimbursement cycles.
Source:SAP Concur Blog · concur.com