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SAP Concur Blog·· 2022-06-29

Cloud-Connected Travel Can Save $2.78 Million

We’re betting your T&E budget could use an extra $2.78 million

AI Overview

IDC InfoBrief shows cloud-connected travel saves significant costs: 49% less time on travel planning, 70% less time on expense reports, 35% more compliance, and 54% fewer lost receipts. Average business can save $97,000 in invoicing/auditing, $122,000 in travel-related costs, and $728,000 in improved staff productivity annually.

Source:SAP Concur Blog · concur.com