Travel Expense Automation for Energy and Utilities Compliance
SAP Concur highlights that energy and utilities companies face strict regulatory and sustainability requirements, yet 34% believe their current T&E solutions won't meet evolving needs over the next two years. Manual processes create compliance risks and inefficiencies, while automation and AI tools can enhance compliance, security, and sustainability reporting.
Impact and considerations
Energy and utilities firms must upgrade T&E systems to meet regulatory and ESG demands; automation reduces compliance risk and boosts operational efficiency.
Key points
- 34% say current T&E solutions won't meet requirements in two years.
- 96% follow sustainability guidelines; 44% require T&E to capture sustainability data.
- 33% use solutions lacking sustainability tracking.
- AP automation saves 12 hours per week per finance employee.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 28 Aug 2025, 23:58
- Page published
- 13 Aug 2026, 08:31
- Last updated
- 28 Aug 2025, 23:58
- Original links
- SAP Concur Blog：Ensuring compliance with travel & expense automation in energy & utilities (opens in a new tab)Primary source · en · Published 28 Aug 2025, 23:58