商旅纵横Business travel insights that drive better decisions.
SearchEmail briefings
Back to all updates
ERP Integration全球

SAP Concur Urges Companies to Digitalize Spend Management Now

SAP Concur published a blog arguing that companies should fully digitalize spend management now to cope with supply chain upheavals, inflation and global tensions. It cites that 90% of CFOs say preparing for the unexpected is their top task, and that finance and AP teams save an estimated 134 hours weekly using SAP Concur invoice management solutions. A fully automated solution spans request-to-payment, including receipt photo capture, automatic corporate card feeds, AI fraud and compliance checks, automated auditing and ERP integration.

View primary source (opens in a new tab)

Impact and considerations

For finance and travel managers, the article offers a benefits framework and vendor evaluation checklist for automated spend management, useful when advancing expense and AP digitalization.

Key points

  • SAP Concur says now is a good time to fully transform spend management and its enabling technology.
  • The article states 90% of CFOs say preparing for the unexpected is their top task.
  • Finance and AP teams save an estimated 134 hours weekly using SAP Concur invoice management solutions.
  • A fully automated solution spans multiple functions from request to purchase to payment.
  • Automation includes receipt photo capture, automatic corporate card feeds, AI fraud and compliance checks, automated auditing and ERP integration.
  • The article advises evaluating providers on stability, AI capability, ERP integration, data protection, customer support and mobile experience.

Sources and time

Primary source
SAP Concur
Other sources
0
First source publication
21 Mar 2024, 20:46
Page published
14 Aug 2026, 08:16
Last updated
21 Mar 2024, 20:46
Report an issue or request removal