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SAP Concur: Machine Learning in Travel and Expense

1reports1reporting sources2022-06-29Update

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Machine learning can reduce manual work in receipt processing and expense entry and improve recommendations and customer insights, directly affecting travel and expense management efficiency.

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6月29日
  1. SAP Concur Blog
    SAP Concur: Machine Learning in Travel and Expense

    A SAP Concur blog post discusses AI and machine learning in travel and expense. It cites Frank Chen, Sundar Pichai, and Forrester analyst J.P. Gownder, suggesting AI and machine learning could be the next big wave in computing. SAP's portfolio of intelligent applications is called Leonardo Machine Learning. Concur already uses machine learning and related data science algorithms to simplify travel and expense, such as using OCR and machine learning to extract total amount, date, currency, and expense type from receipt images and create expense entries. Concur Expense for Outlook (beta) can pre-populate expense entries from electronic receipts received via email. Other applications include h…