Choosing a T&E Automation Solution That's Right for Your Business
An SAP Concur blog post says T&E processes still relying on paper receipts, manual forms and employee-funded cards hurt productivity and frustrate staff. Automated T&E solutions provide an accurate, up-to-date view of travel spending that helps control costs, improve cash flow and target spending. Cloud solutions are now more affordable for SMBs, and the post cites Analysys Mason finding that businesses using SAP Concur T&E solutions save an estimated $54,000 a year and 148 hours weekly for finance or accounting teams. Selection should weigh integration, ease of use, and visibility and control.
Impact and considerations
T&E automation affects spend visibility, cost control and employee efficiency, making it a key part of finance digital transformation.
Key points
- T&E processes relying on paper receipts, manual forms and employee-funded cards hurt productivity and frustrate staff.
- Automated T&E solutions provide an accurate, up-to-date view of travel spending that manual methods cannot.
- That view helps control costs, improve cash flow and better target spending.
- Cloud-based automated T&E solutions are now more affordable and easier to implement for small and medium-sized businesses.
- Analysys Mason found businesses using SAP Concur T&E solutions save an estimated $54,000 a year and 148 hours weekly for finance or accounting teams.
- Selection should weigh integration with ERP, accounts payable and HR systems, ease of use, and visibility and control.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 20 Apr 2023, 15:24
- Page published
- 14 Aug 2026, 08:24
- Last updated
- 20 Apr 2023, 15:24
- Original links
- SAP Concur Blog:Choosing a T&E Automation Solution That’s Right for Your Business (opens in a new tab)Primary source · en · Published 20 Apr 2023, 15:24