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Don't Overlook Process Efficiency

The article reminds SAP Concur customers not to rely solely on automation but to optimize process efficiency. IDC research found that with optimization, accounts payable staff became 30% more efficient and audit staff 28% more efficient. Optimizing processes improves spend visibility, maximizes corporate card rebates, and reduces late fees. For example, a movie studio drove an additional $1.5m in annual spend onto their card program, yielding over $80,000 in rebates.

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Impact and considerations

Process optimization significantly improves efficiency, saves costs, and enhances financial visibility, directly valuable for T&E management.

Key points

  • IDC research found accounts payable staff were 30% more efficient with optimization.
  • Audit staff efficiency improved by 28%.
  • Optimizing processes improves spend visibility and financial reporting.
  • Reducing payment delays maximizes corporate card rebates.
  • A movie studio gained over $80,000 in rebates through optimization.

Sources and time

Primary source
SAP Concur
Other sources
0
First source publication
29 Jun 2022, 19:47
Page published
14 Aug 2026, 08:33
Last updated
29 Jun 2022, 19:47
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