SAP Concur Urges Companies to Digitalize Spend Management Now
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For finance and travel managers, the article offers a benefits framework and vendor evaluation checklist for automated spend management, useful when advancing expense and AP digitalization.
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- SAP Concur BlogSAP Concur Urges Companies to Digitalize Spend Management Now
SAP Concur published a blog arguing that companies should fully digitalize spend management now to cope with supply chain upheavals, inflation and global tensions. It cites that 90% of CFOs say preparing for the unexpected is their top task, and that finance and AP teams save an estimated 134 hours weekly using SAP Concur invoice management solutions. A fully automated solution spans request-to-payment, including receipt photo capture, automatic corporate card feeds, AI fraud and compliance checks, automated auditing and ERP integration.