Choosing a T&E Automation Solution That's Right for Your Business
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T&E automation affects spend visibility, cost control and employee efficiency, making it a key part of finance digital transformation.
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- SAP Concur BlogChoosing a T&E Automation Solution That's Right for Your Business
An SAP Concur blog post says T&E processes still relying on paper receipts, manual forms and employee-funded cards hurt productivity and frustrate staff. Automated T&E solutions provide an accurate, up-to-date view of travel spending that helps control costs, improve cash flow and target spending. Cloud solutions are now more affordable for SMBs, and the post cites Analysys Mason finding that businesses using SAP Concur T&E solutions save an estimated $54,000 a year and 148 hours weekly for finance or accounting teams. Selection should weigh integration, ease of use, and visibility and control.