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SAP Concur Blog·· 2022-06-29

Small Business Growth Tips: Keep Overhead Low

Small Business Growth Tips: Keep Overhead Low

AI Overview

SAP Concur blog shares small business growth tips, emphasizing cost control for expansion. Citing a report by SAP Concur and Oxford Economics, 93% of cost-conscious SMB executives agree they have the right platforms and systems to adapt to growth, versus 79% of less cost-conscious executives. SMBs that do not prioritize spending face administrative issues (59%), increased travel and expense reporting (52%), onboarding problems (48%), and digital security challenges (45%).

Source:SAP Concur Blog · concur.com