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SAP Concur Blog·· 2022-06-29

SAP Concur: The Business Value of Concur Invoice and 505% ROI

What’s the Business Value of Concur Invoice?

AI Overview

A SAP Concur blog post cites an IDC white paper finding that eight interviewed businesses improved their AP processes with Concur Invoice: staff time on invoice processing fell 68%, employee compliance rose to nearly 100%, late payments to vendors dropped 67%, line-of-business productivity rose 11%, and IT staff time managing AP solutions fell 29%. The white paper also projects annual benefits of $775,401 per organization ($15,418 per 1,000 invoices) and a 505% ROI over five years.

Source:SAP Concur Blog · concur.com