Get Around Your Workarounds. Let's Automate That.

An SAP Concur blog post notes that remote and hybrid working is increasing the number and creativity of finance hacks, such as couriering invoices to remote employees for approval, using random audits to detect expense errors, and saving self-booked travel plans in calendar invites. While these workarounds may seem to keep spend data flowing, they drive increased operational costs, risks, and complexity, while decreasing spending visibility, control, and employee productivity. Survey data cited shows only 39% of U.S. companies say they have the right systems to adapt quickly to changing business needs, 43% of businesses with digitized invoice management saw increased agility and resiliency,…