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SAP Concur: Pairing ERP with Spend Management Can Fast-Track ROI

A SAP Concur blog post argues that because ERP implementations require significant time, effort and money without immediate ROI, companies should implement a spend management solution alongside a new ERP. It says spend management can integrate spend data with systems such as HR, eliminate manual expense steps, enhance compliance and cap overspending. SAP Concur recommends integrating ERP with its travel and expense (T&E) solutions for a holistic view of spend and automating manual expense processes.

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Impact and considerations

For finance and travel managers, the post frames an ERP upgrade window as an opportunity to deploy spend management tools in parallel, potentially shortening payback and improving T&E data visibility.

Key points

  • ERP implementations require significant time, effort and financial resources and may not create immediate ROI.
  • SAP Concur suggests implementing a spend management solution alongside a new ERP to enhance operational efficiency and speed ROI.
  • A spend management solution can integrate spend data with existing systems such as HR for more nuanced financial insights.
  • It can eliminate manual expense steps, enhance compliance and put a cap on overspending.
  • SAP Concur recommends integrating ERP with its T&E solutions for an all-encompassing view of travel and expense spend.

Sources and time

Primary source
SAP Concur
Other sources
0
First source publication
24 Jun 2024, 20:10
Page published
14 Aug 2026, 08:14
Last updated
24 Jun 2024, 20:10
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