How to Enhance Financial Forecasting + Automation

SAP Concur blog discusses enhancing financial forecasting and automation to navigate economic uncertainty. It cites data: 41% of finance leaders cite worsening economic conditions as top external challenge; 57% of small business CEOs expect economy to worsen. Strategies include honing spend management, getting early grip on costs, refining metrics, aligning policies, and valuing collaboration. AI and automation improve forecasting accuracy and efficiency, such as auto-estimating trip costs, scanning receipts, and auditing invoices.