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SAP Concur Data: Benchmarking for Smarter T&E Spend
1reports1reporting sources2025-10-10Update
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The benchmarking data reveals corporate travel spending trends and compliance gaps, helping companies assess their T&E program performance and identify savings opportunities.
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10月10日
- SAP Concur BlogSAP Concur Data: Benchmarking for Smarter T&E Spend
SAP Concur released T&E benchmarking analysis based on its processed data. From 2022 to 2023, airfare spending rose over 18% with bookings up 20%; first class dropped 84%, economy rose 36%, and business class rose 22%. Hotel spend jumped 24% while corporate tool bookings grew only 4.2%. Total meal spend rose 20%, with average meal cost rising slightly from $21.69 to $22.89. Missing receipts climbed 17%, associated spend rose 29%, and expense reports with exceptions increased nearly 10%.