SAP Concur Research: 86% of Finance Leaders Say T&E Systems Need Better Connection
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The research data indicates significant demand for integrated T&E systems, with finance leaders facing spend visibility challenges. Integrated solutions may improve compliance, cost control, and employee experience, offering reference value for companies evaluating travel technology investments.
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- SAP Concur BlogSAP Concur Research: 86% of Finance Leaders Say T&E Systems Need Better Connection
A research report by SAP Concur in partnership with Vanson Bourne found that 86% of finance leaders agree their travel, expense, and invoice systems could be better connected for a single view of spend. The article cites Discovery, a US$6.5 billion mass communications company, which replaced two separate solutions with integrated SAP Concur solutions (Concur Travel, Concur Expense, TripIt Pro, and Concur TripLink). The integration made booking and expense reconciliation more transparent and efficient, with credit card and paper receipts automatically in expense profiles, including invisible spend previously unknown to finance.