Give Finance the Tools to Fuel Business Growth
A survey of 500 finance and IT executives by Oxford Economics and SAP Concur finds that large global enterprises face more challenges in expansion. Cost-conscious enterprises are more agile: 62% of non-cost-conscious enterprises have difficulty reacting quickly to roadblocks, versus 28% of cost-conscious ones. Investing in digital finance transformation and automated spend management aids expansion.
Impact and considerations
Large enterprises need to invest in automated spend management during expansion to improve agility and responsiveness, avoiding growing pains.
Key points
- 62% of non-cost-conscious enterprises have difficulty reacting quickly to roadblocks, versus 28% of cost-conscious ones.
- Cost-conscious enterprises have more cash flow for strategic growth plans.
- Investing in digital finance transformation automates spend management and supports expansion.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 29 Jun 2022, 19:47
- Page published
- 16 Aug 2026, 08:08
- Last updated
- 29 Jun 2022, 19:47
- Original links
- SAP Concur Blog：It's Time to Give Finance the Tools it Needs to Fuel Business Growth (opens in a new tab)Primary source · en · Published 29 Jun 2022, 19:47