SAP Concur Highlights Automated Expense Management as Key to Business Growth
SAP Concur published an article noting that nearly half of finance leaders worldwide know of a company in their professional network that experienced spend management fraud in the past three years. The article highlights the costs of manual expense management, including missing receipts, time-consuming reports, out-of-policy purchases, unclaimed VAT and fraud risks. Automated expense management can reduce risks and improve productivity, citing a study estimating a T&E solution saves 13 hours weekly per finance or accounting team member.
Impact and considerations
The article provides a business case and quantified benefits for automated expense management, relevant for companies evaluating expense management solutions.
Key points
- Nearly half of finance leaders worldwide know of a company in their professional network that experienced spend management fraud in the past three years.
- Costs of manual expense management include missing receipts, time-consuming reports, out-of-policy purchases, unclaimed VAT and fraud risks.
- Automated expense management can reduce fraud and noncompliance risks and improve productivity and profitability.
- A study estimates a T&E solution saves 13 hours weekly per finance or accounting team member.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 22 Sept 2025, 20:14
- Page published
- 13 Aug 2026, 08:30
- Last updated
- 22 Sept 2025, 20:14
- Original links
- SAP Concur Blog：Why Automated Expense Management Is Key for Business Growth (opens in a new tab)Primary source · en · Published 22 Sept 2025, 20:14