Oxford Economics: A Clear View of Spend Eases Corporate Growing Pains
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The survey data provides finance and travel expense managers with a quantitative basis for cost control during expansion, supporting the integration of travel, expense, and invoice data to improve forecasting and decision-making.
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- SAP Concur BlogOxford Economics: A Clear View of Spend Eases Corporate Growing Pains
A SAP Concur blog post cites an Oxford Economics survey in which 81% of leaders say they would benefit from concentrating more on efficiency and cost control. The post offers four recommendations: emphasize cash flow early, facilitate internal collaboration, focus on cost visibility and efficiency, and consider automating spend management. The study notes that a clear view of costs can limit waste and redundancy, free up executives and employees, and improve flexibility and resource allocation.