2023 Trends to Watch in Travel and Expense Management
SAP Concur released an e-book, Foresight 2023, predicting trends in travel and expense management. The article notes that companies will continue to invest in digital solutions to achieve savings, flexibility, and sustainability. Alexander Bant, chief of research at Gartner Finance Practice, says CFOs are increasingly looking at long-term benefits of digital investments, including automation. Trends include: flexibility is paramount, travel must be purposeful, and integrated reporting is growing.
Impact and considerations
Provides key trends in travel and expense management for 2023, helping businesses prepare and leverage digital tools for efficiency.
Key points
- Companies will continue to invest in digital solutions.
- Flexibility is paramount in travel management.
- Travel must be purposeful, focusing on results and sustainability.
- Integrated reporting combines spend data with environmental, governance, and social goals.
- CFOs focus on long-term benefits of digital investments.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 2 Mar 2023, 18:21
- Page published
- 14 Aug 2026, 08:25
- Last updated
- 2 Mar 2023, 18:21
- Original links
- SAP Concur Blog：2023 Trends to Watch in Travel and Expense Management (opens in a new tab)Primary source · en · Published 2 Mar 2023, 18:21