SAP Concur Releases Concur Invoice Customer ROI Data
SAP Concur released ROI data reported by Concur Invoice customers. Customers report a 60% reduction in missing invoices, 29% reduction in time spent by AP/finance teams capturing invoices, 26% reduction in budget overspending and 11% cost savings through supplier-negotiated rates after automating. Customers also say it took only 7 months to pay back the initial investment, saving an estimated $43,000 annually. The data comes from an AMI 2022 global study.
Impact and considerations
These quantified metrics provide AP and finance leaders with citable benchmark data for building a business case for invoice management automation.
Key points
- Concur Invoice customers report a 60% reduction in missing invoices and a 29% reduction in time spent by AP/finance teams capturing invoices after automating.
- Customers report a 26% reduction in budget overspending and 11% cost savings through supplier-negotiated rates.
- Customers say it took only 7 months to pay back the initial investment, saving an estimated $43,000 annually.
- The data comes from an AMI 2022 global study; SAP Concur suggests businesses use these stats to build their automation business case.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 28 Feb 2023, 17:29
- Page published
- 14 Aug 2026, 08:25
- Last updated
- 28 Feb 2023, 17:29
- Original links
- SAP Concur Blog:Concur Invoice ROI Review: Why Walk When You Can Run? (opens in a new tab)Primary source · en · Published 28 Feb 2023, 17:29