What Energy & Utility Companies Are Getting Wrong About T&E Management — And How Digital Transforma…
An SAP Concur article notes that 72% of energy and utility companies still rely on manual T&E processes, facing FERC compliance and operational efficiency challenges. Digital transformation can bring significant improvements: 54% reduction in travel booking time, 43% improvement in expense report processing, and 50% acceleration in reimbursement cycles. The article emphasizes the importance of effective change management for successful implementation.
Impact and considerations
Digital T&E transformation in the energy sector can improve compliance, efficiency, and sustainability, but requires overcoming manual process barriers.
Key points
- 72% of energy and utility companies still rely on manual T&E processes.
- Digital transformation can reduce travel booking time by 54%, improve expense report processing by 43%, and accelerate reimbursement cycles by 50%.
- Effective change management is crucial for successful implementation.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 14 Jan 2025, 18:46
- Page published
- 14 Aug 2026, 08:11
- Last updated
- 14 Jan 2025, 18:46
- Original links
- SAP Concur Blog：What Energy & Utility Companies Are Getting Wrong About T&E Management — And How Digital Transformation Can Help (opens in a new tab)Primary source · en · Published 14 Jan 2025, 18:46