SAP Concur Survey: 90% of Finance Leaders See Unexpected-Prep as Critical
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The survey and recommendations show finance leaders consolidating travel, invoice, and expense data onto unified platforms and using AI to improve compliance and cash flow, potentially influencing corporate travel expense system procurement and configuration.
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- SAP Concur BlogSAP Concur Survey: 90% of Finance Leaders See Unexpected-Prep as Critical
An SAP Concur study of global senior finance leaders found that 90% agree preparing their business for the unexpected is a critical task today, while only 2% disagreed. The article proposes four resolutions for finance leaders: innovate to control costs, compliance, and cash flow through a unified platform and AI; strengthen visibility, analysis, and planning; adapt processes, policies, and priorities; and boost morale, productivity, and retention. It also covers automated indirect tax recovery such as VAT, integrating travel and expense data, and mobile expense reporting.