Start Your Digital Transformation Journey with Finance Automation
Based on Analysys Mason research, the article discusses how finance automation helps businesses simplify processes and save costs. Survey shows automated travel and expense solutions improve response to business challenges, reduce administrative tasks, and save costs.
Impact and considerations
Finance automation can bring significant cost savings and efficiency improvements, making it an important step in digital transformation.
Key points
- Digital transformation is a continual process, and finance automation is a good starting point.
- Survey shows 68%-77% of respondents say automated travel and expense solutions improve response to business challenges.
- 73%-78% of respondents say automation reduces time spent on administrative tasks.
- 70%-76% of respondents see greater cost savings.
- Globally, businesses using travel/expense solutions save an average of US$52,000 annually, and those using vendor invoice management solutions save an average of US$44,000 annually.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 1 Sept 2022, 18:37
- Page published
- 14 Aug 2026, 08:30
- Last updated
- 1 Sept 2022, 18:37
- Original links
- SAP Concur Blog：Start Your Digital Transformation Journey with Finance Automation (opens in a new tab)Primary source · en · Published 1 Sept 2022, 18:37