Travel Expense Automation for Energy & Utilities Compliance

A SAP Concur blog post notes that energy and utilities companies must comply with safety mandates such as NERC Critical Infrastructure Protection standards and sustainability guidelines including CDP, SASB and GRI. A survey found 34% say their current T&E solution will not meet evolving requirements over the next two years, 33% use a solution without sustainability tracking, and 44% treat sustainability data capture as a requirement of their T&E solution. The post argues automation and AI can cut manual errors, strengthen audit and cybersecurity, citing SAP Concur data that AP automation saves 12 hours per week per finance employee.