Invest in Your Finance Team to Drive Growth
A survey commissioned by SAP Concur reveals that 91% of finance leaders say the finance team is vital for achieving growth objectives, but 60% of their time is spent on day-to-day tasks. Automation is seen as key to efficiency, yet underinvestment is a major barrier.
Impact and considerations
The survey data indicates that finance teams need automation tools to reduce daily tasks and focus on strategic analysis, driving business growth.
Key points
- 91% of finance leaders say the finance team plays a vital role in achieving growth objectives.
- 60% of finance team time is taken up with day-to-day tasks, hindering strategic work.
- 98% of respondents say automation would benefit their organization, with key benefits including reducing errors, real-time insight, cost control, and faster payments.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 29 Jun 2022, 19:47
- Page published
- 16 Aug 2026, 08:13
- Last updated
- 29 Jun 2022, 19:47
- Original links
- SAP Concur Blog：Invest in Your Finance Team to Drive Growth (opens in a new tab)Primary source · en · Published 29 Jun 2022, 19:47