Trends Driving the Need for Better Spend Management in SMBs
AMI Partners surveyed over 400 SMBs and found that businesses automating expense, travel, and invoice management saw the greatest performance boost. Key trends include mobile workforce, multi-supplier invoice processing, and cost reduction pressures. Automation reduces invoice processing time and frees finance staff. 64% of businesses cite reducing operating expenses as a strategic goal.
Impact and considerations
SMBs need automated spend management to stay competitive.
Key points
- AMI surveyed over 400 SMBs.
- Automated spend management boosts performance.
- Mobile workforce is a trend.
- Multi-supplier invoice processing is time-consuming.
- Automation reduces invoice processing time.
- 64% of businesses prioritize reducing operating costs.
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：These Top Trends are Driving the Need for Better Spend Management (opens in a new tab)Primary source · en · Published 29 Jun 2022, 19:47