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SAP Concur: The Asynchronous Work Trend and Strategies for Finance Teams

A SAP Concur blog post discusses asynchronous work, where employees can work without needing to engage in real time. It cites an EY study of more than 16,000 employees: nine out of 10 want flexibility in when and where they work, and more than half would leave their company for a more flexible arrangement. It lists benefits such as improved planning, focus, cross-time-zone workflow, talent pool and job satisfaction, and challenges such as lack of immediate feedback, miscommunication and information overload. It recommends finance teams implement asynchronous work through clear communication, policies and procedures, technology, self-service resources and regular feedback.

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Impact and considerations

The post provides employee demand data and implementation suggestions for asynchronous work, helping finance and travel managers design T&E processes and tools that support flexible work.

Key points

  • An EY study of more than 16,000 employees shows nine out of 10 want flexibility in when and where they work.
  • More than half of surveyed employees said they would be willing to leave their company for a more flexible work arrangement.
  • Benefits of asynchronous work include improved planning, focus, cross-time-zone workflow, a broader talent pool and greater job satisfaction.
  • Challenges include lack of immediate feedback, miscommunication, information overload, fragmented communication, delayed decision-making and accountability difficulties.
  • Strategies for finance teams include clear communication, policies and procedures, T&E technology tools, self-service resources and regular feedback.
  • SAP Concur solutions enable employees to capture receipts digitally on smartphones, automatically populate expense reports and trigger automated approval workflows.

Sources and time

Primary source
SAP Concur
Other sources
0
First source publication
7 Jun 2024, 19:56
Page published
14 Aug 2026, 08:14
Last updated
7 Jun 2024, 19:56
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