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How to Gain Visibility and Control of Employee Spend

1reports1reporting sources2022-06-29Update

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Invisible spend can lead to inaccurate budgeting and forecasting, affecting cash flow and financial health. By integrating external booking data, companies can better control spend.

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6月29日
  1. SAP Concur Blog
    How to Gain Visibility and Control of Employee Spend

    Employee-initiated spend includes not only travel and expense but also other operational spend. Timely expense recognition is critical for financial health. According to GBTA, 37% of hotel reservations and 15% of air bookings are made outside corporate channels, creating 'invisible spend.' SAP Concur's Triplink tool helps capture this spend, improving visibility and control.