SAP Concur Blog: Spending Your Way to Intelligent Business Growth

A SAP Concur blog post cites a CFO paper stating that successful growth requires a strategic and smart approach rather than a scattershot one. Dr. Christian Campagna, senior managing director for CFO and enterprise value at Accenture Strategy, says it is a delicate balancing act of reallocating spending to fund the new business while maintaining the established business. Citing Aberdeen Group's 2018 T&E Expense Trends and Benchmarking Spending report, the article says 60% of small and midsize businesses still use spreadsheets and other manual systems to track spending, leaving most finance leaders without the real-time visibility, insights, and controls they need. It recommends a unified sy…