Six Ways to Ensure Your Invoice Process Works for You
This SAP Concur blog post outlines six ways to optimize invoice processing during disruption, including digital processing, eliminating duplication and fraud, mobile approvals, automated policy adherence, maintaining communication, and using data to spot trends. It cites a GBTA survey showing 96% of businesses report significant COVID-19 impact, and emphasizes automation to increase efficiency, save time, and gain spend visibility.
Impact and considerations
For finance leaders, automating invoice processing reduces costs, improves compliance, and maintains business continuity in remote work environments.
Key points
- Digital invoice processes eliminate the hassle of tracking down approvers with automatic prompts.
- Automated systems scan for unusual or duplicate supplier details to prevent fraud.
- Mobile apps enable on-the-go approvals, reducing process time from weeks to hours.
- Automated policy adherence adds controls to prevent overspending.
- Communicate with suppliers early about payment changes.
- Integrating invoice, expense, and travel data reveals trends and optimizes budgets.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 29 Jun 2022, 19:47
- Page published
- 15 Aug 2026, 08:20
- Last updated
- 29 Jun 2022, 19:47
- Original links
- SAP Concur Blog：Six Ways to Ensure Your Invoice Process Works for You (opens in a new tab)Primary source · en · Published 29 Jun 2022, 19:47