SAP Concur Publishes Guide to Choosing Travel and Expense Software
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The post offers a supplier perspective and quantitative benchmarks for T&E automation that companies can reference when evaluating integrated T&E and AP platforms, though the figures come from the vendor itself and warrant caution.
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- SAP Concur BlogSAP Concur Publishes Guide to Choosing Travel and Expense Software
SAP Concur published a blog outlining key features and best practices for choosing travel and expense (T&E) software, arguing that travel, expense and accounts payable (AP) platforms should be truly integrated. It cites measurable gains from its integrated solutions: 2x faster expense reporting, 19.2% less time booking trips, 35% more invoices processed and 21% average savings in booking and expense reporting. A case example says Campari Group, after adopting Concur Expense (2017) and Concur Travel (2020), achieved 50% faster trip approvals, 13% fewer expense report rejections and a 70% reduction in offline travel agency fees.