If You're Not Analyzing Travel Data, How Do You Know Where You're Headed?
The SAP Concur blog emphasizes the importance of travel data analysis, noting that companies need to capture, connect, and analyze travel data to understand spending, ensure safety and sustainability. The article suggests finding a suitable travel analysis tool and poses four key questions: can you capture all booking details, automatically log mileage, view spending by vendor/cost center/employee, and consolidate all spending into your ERP?
Impact and considerations
Travel data analysis helps companies control costs, ensure employee safety, forecast budgets, and respond to emergencies.
Key points
- Travel data visibility is crucial for cost control and decision-making.
- Tools should capture all booking and itinerary details regardless of booking method.
- Automatic mileage logging reduces errors.
- Viewing spending by vendor, cost center, and employee boosts savings and negotiations.
- Consolidating all spending into ERP or accounting system facilitates management.
- Lack of data leads to flying blind, unable to respond to emergencies or forecast budgets.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 29 Jun 2022, 19:47
- Page published
- 15 Aug 2026, 08:19
- Last updated
- 29 Jun 2022, 19:47
- Original links
- SAP Concur Blog：If You’re Not Analyzing Travel Data, How Do You Know Where You’re Headed? (opens in a new tab)Primary source · en · Published 29 Jun 2022, 19:47