The Real Cost of Manual Spend Management for SMBs
The article cites an AMI-Partners survey showing that manual travel, expense, and invoice management processes cause time waste and indirect costs for SMBs. Traditional methods like spreadsheets and paper are slow and costly. Automation solutions yield significant savings: SMBs using T&E solutions save over $31,000 annually, Concur Expense users save $40,000, and Concur Invoice users save over $42,000.
Impact and considerations
Manual processes hinder SMB growth, and automation offers significant ROI, freeing finance teams and reducing risk.
Key points
- Manual spend management leads to time waste and indirect costs.
- Traditional methods like spreadsheets and paper are slow and costly.
- SMBs using T&E solutions save over $31,000 annually.
- Concur Expense users save $40,000.
- Concur Invoice users save over $42,000.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 29 Jun 2022, 19:47
- Page published
- 16 Aug 2026, 08:10
- Last updated
- 29 Jun 2022, 19:47
- Original links
- SAP Concur Blog：SMB Leaders: Do You Really Know How Much Manually Managing Company Spend Costs Your Business? (opens in a new tab)Primary source · en · Published 29 Jun 2022, 19:47