The Connection Between T&E Tools and Organizational Productivity

A SAP Concur blog post cites survey and IDC analysis data on how travel and expense (T&E) tools affect productivity. IDC's analysis of select SAP Concur customers found the time needed to book a trip fell 54% with Concur Travel, employees completed expense reports 43% faster with Concur Expense, and reimbursement time was cut in half. The post says organizations adopting SAP Concur solutions saw a 48% reduction in user time costs, saving about $777,000 annually in travel- and expense-related costs.