How AP Automation Can Help SMBs Gain Better Control Over Spend
This SAP Concur article explores the benefits of AP automation for SMBs. An Oxford Economics report found 82% of businesses with 1,000 or fewer employees identified gaps in cash flow management and finance processes due to COVID-19. 53% said digital transformation is speeding up. Automating invoice management improves agility, collaboration, and efficiency while reducing costs. Concur Invoice provides real-time spend visibility, reducing errors and fraud.
Impact and considerations
SMBs can improve financial transparency, efficiency, and compliance through AP automation, supporting recovery and growth.
Key points
- 82% of SMBs identified cash flow management gaps due to COVID-19.
- 53% said digital transformation is speeding up.
- Automating invoice management improves agility, collaboration, and efficiency.
- Concur Invoice provides real-time spend visibility, reducing errors and fraud.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 29 Jun 2022, 19:47
- Page published
- 15 Aug 2026, 08:26
- Last updated
- 29 Jun 2022, 19:47
- Original links
- SAP Concur Blog：How AP Automation Can Help SMBs Gain Better Control Over Spend (opens in a new tab)Primary source · en · Published 29 Jun 2022, 19:47