Survey: COVID-19 Travel Cuts Impact Finances
Pulse surveys commissioned by SAP Concur show 88% of finance managers experienced revenue loss due to inability to travel. 44% of business travelers say their company needs more business travel to survive. 99% gave passing grades for handling the pandemic. 98% of finance managers saw non-compliant expenses increase, and 89% of travelers admitted submitting potentially non-compliant expenses.
Impact and considerations
Survey data reveals pandemic impact on business travel and finances; companies must prepare.
Key points
- 88% of finance managers reported revenue loss.
- 44% of travelers say company needs more business travel.
- 98% of finance managers saw non-compliant expenses increase.
- 89% of travelers admitted submitting potentially non-compliant expenses.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 29 Jun 2022, 19:47
- Page published
- 15 Aug 2026, 08:17
- Last updated
- 29 Jun 2022, 19:47
- Original links
- SAP Concur Blog:New Pulse Surveys Explore Financial Impact of COVID-19 Business Travel Reductions (opens in a new tab)Primary source · en · Published 29 Jun 2022, 19:47