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SAP Concur: The Business Value of Concur Invoice and 505% ROI

1reports1reporting sources2022-06-29Update

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For finance and AP leaders, the post provides quantified benefits of automated invoice management, including time savings, compliance gains, and ROI, useful when evaluating AP automation options.

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6月29日
  1. SAP Concur Blog
    SAP Concur: The Business Value of Concur Invoice and 505% ROI

    A SAP Concur blog post cites an IDC white paper finding that eight interviewed businesses improved their AP processes with Concur Invoice: staff time on invoice processing fell 68%, employee compliance rose to nearly 100%, late payments to vendors dropped 67%, line-of-business productivity rose 11%, and IT staff time managing AP solutions fell 29%. The white paper also projects annual benefits of $775,401 per organization ($15,418 per 1,000 invoices) and a 505% ROI over five years.