What Expense and AP Automation Means for Your Job
SAP Concur blog explores the impact of automation on finance jobs. The World Economic Forum projects automation will disrupt 85 million jobs by 2025 but create 97 million. Automation improves compliance, accuracy, cost control, and provides business insights. For example, CareerBuilder saved $420,000 and improved online booking compliance from 80% to 95%.
Impact and considerations
Finance teams need to understand the role shift and efficiency gains from automation.
Key points
- Automation will disrupt 85 million jobs but create 97 million.
- Automation improves compliance, handling 220 daily regulatory changes.
- Automation increases accuracy and reduces errors.
- CareerBuilder saved $420,000 and improved compliance to 95%.
- Automation provides real-time data insights.
- Finance staff can focus on strategic work.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 29 Jun 2022, 19:47
- Page published
- 16 Aug 2026, 08:15
- Last updated
- 29 Jun 2022, 19:47
- Original links
- SAP Concur Blog:What Expense and AP Automation Really Means for Your Job (opens in a new tab)Primary source · en · Published 29 Jun 2022, 19:47