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Concur Expense Automates Expense Management: Customers Report Significant ROI
1reports1reporting sources2023-08-14Update
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Expense management automation can significantly reduce corporate T&E processing costs and time, improve compliance and tax reclaim efficiency, and potentially drive more companies to adopt expense management platforms.
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8月14日
- SAP Concur BlogConcur Expense Automates Expense Management: Customers Report Significant ROI
SAP Concur published a blog detailing Concur Expense features and the ROI customers achieved. After implementing expense management automation, customers reported a 47% reduction in missing receipts, 32% reduction in approval time, 28% reduction in mileage excess claims, 26% reduction in budget overspending, and 26% increase in tax reclaim savings. Efficiencies resulted in an estimated 148 hours saved per week, $54K saved annually, and positive ROI in 7 months.