Monumental Moments Call for Monumental Changes
This SAP Concur article introduces a maturity model developed with IDC for travel and expense management, comprising five stages: Legacy Applications, Automated Point Solutions, Connected Platform Ecosystem, Integrated Application Suites, and Intelligent/Predictive Processes. It emphasizes the need for organizations to advance their spend management maturity to adapt to changing spending patterns and control costs.
Impact and considerations
Organizations need to assess and advance their T&E management maturity to adapt to spending changes, improve compliance, and control costs.
Key points
- IDC and SAP Concur developed a T&E maturity model with five stages.
- The model helps organizations assess their current spend management and plan next steps.
- Advanced stages leverage AI and ML for predictive budgeting and fraud detection.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 29 Jun 2022, 19:47
- Page published
- 15 Aug 2026, 08:24
- Last updated
- 29 Jun 2022, 19:47
- Original links
- SAP Concur Blog：Monumental Moments Call for Monumental Changes (opens in a new tab)Primary source · en · Published 29 Jun 2022, 19:47