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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.

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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
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