SAP Concur Launches Budget, Mileage and Expense Audit Products
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For finance and travel managers using SAP Concur, automated mileage capture and full-population expense auditing could reduce manual review burden and non-compliant spend, though integration with existing expense systems and data accuracy need assessment.
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- SAP Concur BlogSAP Concur Launches Budget, Mileage and Expense Audit Products
SAP Concur announced three new spend-management products: Concur Budget, which provides dashboards for strategic decision-making and financial control; Concur Drive, which uses smart sensors on mobile devices to automatically capture mileage and handle reimbursement; and Concur Detect by AppZen, which applies machine learning to audit 100% of expense reports before reimbursement and integrates with Concur Expense. SAP Concur said the tools aim to simplify spend management for organizations of any size.