Three Tips to Manage the End-Of-Year Expense Report Rush With Ease
An SAP Concur blog post notes that according to 2022 customer data, the volume of expense reports in December was 20% higher than the rest of the year, putting pressure on finance teams and increasing the risk of late reimbursements. The article offers three tips: plan ahead and identify process bottlenecks; clarify expense policy and set cutoff dates; and use automation to improve processing efficiency. SAP Concur's Expense Payment Manager can automate payments to employees and corporate card partners in 25 currencies.
Impact and considerations
For finance and expense managers, the year-end expense report rush is a foreseeable operational pressure, and planning ahead and automating payments can reduce late reimbursements, lower errors and improve cash flow visibility.
Key points
- According to SAP Concur's 2022 customer data, the volume of expense reports in December was 20% higher than the rest of the year.
- The year-end expense report rush puts pressure on finance teams and increases the risk of late reimbursements.
- The article recommends planning ahead and identifying process bottlenecks, such as processing time per report and approval steps.
- It recommends clarifying expense policy and setting cutoff dates to prevent employees from stockpiling expenses.
- SAP Concur's Expense Payment Manager can automate payments to employees and corporate card partners in 25 currencies.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 6 Nov 2023, 17:18
- Page published
- 14 Aug 2026, 08:18
- Last updated
- 6 Nov 2023, 17:18
- Original links
- SAP Concur Blog：Three Tips to Manage the End-Of-Year Expense Report Rush With Ease (opens in a new tab)Primary source · en · Published 6 Nov 2023, 17:18