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Learn How CFOs Can Navigate Inflation and Other Disruptions

1reports1reporting sources2023-04-18Update

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Amid inflation and uncertainty, travel and spend management is an area CFOs can readily control while gaining insight into overall spending.

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4月18日
  1. SAP Concur Blog
    Learn How CFOs Can Navigate Inflation and Other Disruptions

    An SAP Concur blog post for CFOs and finance leaders addresses navigating inflation, global instability and banking turbulence. Citing IDC, it says modernizing business applications and augmenting data are recommended approaches, and cloud travel and spend management solutions provide flexibility and timely insight. It outlines three focuses: rethink priorities to get ahead of change, using automation to cut manual processes and set criteria for weighing trips versus virtual meetings; align short-term actions with medium- and long-term goals; and invest in people during digital transformation. Renaud Heyd, CFO of SAP UK and Ireland, says CFOs must keep organizations honest about how busines…