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SAP Concur and IDC: Five Stages of T&E Management Maturity
1reports1reporting sources2022-06-29Update
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The TEM maturity model gives companies a benchmark for assessing their processes. For finance and travel leaders, identifying the current stage helps prioritize automation and compliance investments.
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6月29日
- SAP Concur BlogSAP Concur and IDC: Five Stages of T&E Management Maturity
An IDC study commissioned by SAP Concur identifies five stages of travel and expense management (TEM) maturity: paper-based reporting, automated processes, purpose-built mobile/cloud apps, platform ecosystem, and intelligent/predictive processes. IDC says less-mature TEM processes become a mounting source of lost productivity and revenue and increased employee dissatisfaction as companies expand. Greater maturity brings returns in productivity, support time, travel costs, and risk.