SAP Concur: Strengthening Expense Reporting Resilience with AI and Automation
A SAP Concur blog post argues that modern expense reporting and accounts payable (AP) management should start with AP automation, then build resilience through AI and cybersecurity investment and a rethink of ESG. Its research shows 71% of companies say integrated, AI-enhanced travel and expense (T&E) technology improves expense-related fraud detection, and that adding automated AP solutions to integrated T&E solutions yields 22% annual cost savings. It also recommends spend-request tools to approve and control spending before it occurs and AI-embedded invoice solutions to deter fake vendors, duplicate payments and other fraud, while stressing financial storytelling to win leadership suppor…
Impact and considerations
For finance and travel managers, the post frames expense reporting as a measurable cost-control and anti-fraud lever: the 71% fraud-detection improvement and 22% cost-saving figures can support the business case for integrated T&E and AP automation.
Key points
- SAP Concur research says 71% of companies say integrated, AI-enhanced T&E technology improves expense-related fraud detection.
- Adding automated AP solutions to integrated T&E solutions yields 22% annual cost savings.
- The 2025 AFP Payments Fraud and Control Survey found 79% of organizations were victims of payment fraud attacks or attempts in 2024.
- 44% of businesses consider expense-related fraud a major threat to financial performance.
- 59% of CFOs plan to increase cybersecurity budgets.
- Spend-request tools enable approval and budget-compliance control before spending occurs.
- AI and OCR invoice solutions detect discrepancies by matching invoices, purchase orders and payments.
- 27% of travelers would decline trips over environmental impact or sustainability concerns, and 92% would refuse a trip over social, environmental or safety concerns.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 29 Apr 2025, 17:56
- Page published
- 13 Aug 2026, 08:33
- Last updated
- 29 Apr 2025, 17:56
- Original links
- SAP Concur Blog:Strengthen Your Expense Reporting and Processes for Resiliency and Growth (opens in a new tab)Primary source · en · Published 29 Apr 2025, 17:56