Meeting the Business Travel & Spend Management Challenges of 2023
An SAP Concur blog post says travel and spending are rebounding toward pre-pandemic levels. In 2022 SAP Concur processed 192 million expense reports, up 42% over 2021, and nearly 43 million travel transactions, up 110% year over year. But the spending mix has shifted: public transportation as an expense category fell from as much as 30% pre-pandemic to 10%, with more travelers opting for rental cars and spending on mileage, parking and tolls; the 'other' category rose from 4% in 2019 to as high as 25% in 2021 and remains a top-three category. Health and safety considerations and remote and hybrid work have added complexity, requiring new policies, processes and oversight.
Impact and considerations
Travel spending is rebounding but its mix has shifted, requiring updated policies and processes to handle more complex spend management and oversight.
Key points
- Travel and spending are rebounding and quickly approaching pre-pandemic levels.
- In 2022 SAP Concur processed 192 million expense reports, up 42% over 2021.
- In 2022 SAP Concur processed nearly 43 million travel transactions, up 110% year over year.
- Public transportation as an expense category fell from as much as 30% pre-pandemic to 10%, with more travelers opting for rental cars and spending on mileage, parking and tolls.
- The 'other' expense category rose from 4% in 2019 to as high as 25% in 2021 and remains a top-three category.
- Health and safety considerations and remote and hybrid work have added complexity, requiring new policies, processes and oversight.
- SAP Concur is investing in a new travel experience, a next-gen expense UI and virtual card payment options.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 17 Apr 2023, 22:20
- Page published
- 14 Aug 2026, 08:26
- Last updated
- 17 Apr 2023, 22:20
- Original links
- SAP Concur Blog:Meeting the Business Travel & Spend Management Challenges of 2023 (opens in a new tab)Primary source · en · Published 17 Apr 2023, 22:20