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The Digital Transformation of Spend Management: Journeying Towards Streamlined Processes
1reports1reporting sources2023-07-26Update
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This case provides quantitative evidence of how SMEs can significantly improve financial process efficiency through digital transformation, offering reference value for companies considering similar investments.
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7月26日
- SAP Concur BlogThe Digital Transformation of Spend Management: Journeying Towards Streamlined Processes
SAP Concur podcast summarizes Dermalogica's digital transformation case. Dermalogica grew from a 5-person company to over 150 employees and implemented SAP Concur's travel, expense, and purchase request and invoice platforms, reducing invoice processing time from 30-35 hours per week to one hour, achieving faster payment turnarounds and real-time spend visibility. The company also won the 2022 SMB Digital Innovation award.