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SAP Concur Blog·· 2022-06-29

Small Business Owners: Get Your Company Recovery-Ready

Small Business Owners: Get Your Company Recovery-Ready

AI Overview

A SAP Concur blog post offers recovery preparation advice for small business owners, including setting up expense policies, optimizing AP processes, smart tracking and monitoring of spending, and using technology to increase efficiency. Citing U.S. Small Business Administration data, small businesses generate 44% of economic activity. The article also notes that companies adopting cloud-based technology to automate expense management increased process efficiency by 42%.

Source:SAP Concur Blog · concur.com