How Connected Journeys Mean Better Business Travel
IDC research sponsored by SAP Concur indicates that connecting travel to the cloud improves employee experience and productivity. Specific benefits include 49% less time spent on travel planning, 70% less time creating expense reports, 35% more compliance with internal policies, and 54% fewer lost receipts. Additionally, SAP Concur's connected travel ecosystem can save the average business $97,300 in invoicing/auditing efficiencies, $122,000 in travel-related costs, and $728,000 in improved staff productivity.
Impact and considerations
This research quantifies the benefits of cloud-based travel management, providing a strong case for investing in connected travel solutions, and highlights the importance of visibility, compliance, and cost savings.
Key points
- Cloud-based travel management can reduce travel planning time by 49%.
- Expense report creation time reduced by 70%, policy compliance improved by 35%.
- SAP Concur's connected ecosystem can save significant costs.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 29 Jun 2022, 19:47
- Page published
- 16 Aug 2026, 08:14
- Last updated
- 29 Jun 2022, 19:47
- Original links
- SAP Concur Blog：How Connected Journeys Mean Better Business Travel (opens in a new tab)Primary source · en · Published 29 Jun 2022, 19:47