Concur Expense: ROI Data for Automated Expense Management
SAP Concur presents Concur Expense, its automated expense management solution, citing Analysys Mason 2022 research data: users reported a 47% reduction in missing receipts, 32% reduction in approval time, approximately $54K annual savings, and positive ROI in only 7 months. Concur Expense was also recognized by TrustRadius as a 2023 Top-Rated software in both Expense Management and Travel Management categories.
Impact and considerations
Expense management automation measurably reduces administrative burden, speeds up reimbursement, and saves costs. These ROI figures provide a reference benchmark for finance and travel managers evaluating expense management tools.
Key points
- Concur Expense users reported a 47% reduction in missing receipts.
- 32% reduction in the time taken to approve expenses.
- Approximately $54K estimated annual savings.
- Positive ROI achieved in only 7 months.
- Concur Expense was recognized by TrustRadius as a 2023 Top-Rated software in both Expense Management and Travel Management categories.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 20 Jul 2023, 17:52
- Page published
- 14 Aug 2026, 08:22
- Last updated
- 20 Jul 2023, 17:52
- Original links
- SAP Concur Blog：Snap, Tap, & Done: Concur Expense Was Made for You! (opens in a new tab)Primary source · en · Published 20 Jul 2023, 17:52