Automated Expense Management Frees Finance to Focus on What Matters
A SAP Concur blog post discusses how automated expense management helps SMB finance teams save time and focus on strategic priorities. The article cites research showing 41% of businesses still use paper-based processes and 73% don't use automated systems, and lists savings from automation, such as a 15% reduction in time spent processing expense reports and $20 saved per report.
Impact and considerations
Automated expense management significantly improves finance team efficiency, reduces errors and fraud risk, and enables SMBs to focus resources on core business growth.
Key points
- 41% of businesses still use paper-based expense processes; 73% don't use automated systems.
- Finance teams using automated solutions spend 15% less time processing expense reports.
- Average savings of $20 per expense report.
- Automation improves spend visibility and control, reducing fraud risk.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 29 Jun 2022, 19:47
- Page published
- 15 Aug 2026, 08:14
- Last updated
- 29 Jun 2022, 19:47
- Original links
- SAP Concur Blog：How Automated Expense Management Frees Finance to Focus on What Matters Most (opens in a new tab)Primary source · en · Published 29 Jun 2022, 19:47