Finance Leader's Role in Business Expansion
A study by Oxford Economics reveals that cost-conscious SMBs achieve better outcomes during expansion, staying within budget. 93% of cost-conscious finance executives agree they have the right platforms and systems to adapt to growth, compared to 79% of less cost-conscious executives. By leveraging intelligent automation for spend management, finance leaders can proactively control costs, optimize cash flow, and guide business units.
Impact and considerations
For corporate travel and expense management, this research underscores the importance of intelligent spend management to control costs and support growth.
Key points
- Cost-conscious SMBs stay in budget during expansion.
- 93% of cost-conscious finance executives agree they have the right platforms and systems to adapt to growth.
- Intelligent automation helps proactively control costs and optimize cash flow.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 29 Jun 2022, 19:47
- Page published
- 16 Aug 2026, 08:16
- Last updated
- 29 Jun 2022, 19:47
- Original links
- SAP Concur Blog：Guidance for Growth: The Finance Leader’s Role in Business Expansion (opens in a new tab)Primary source · en · Published 29 Jun 2022, 19:47