SAP Concur: Employee Well-Being Is Key to Sustainable Business Growth
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For finance and HR leaders, linking expense automation to employee experience can improve engagement and productivity while reducing the risk of talent loss caused by cumbersome processes.
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- SAP Concur BlogSAP Concur: Employee Well-Being Is Key to Sustainable Business Growth
SAP Concur argues that sustainable growth goes beyond financials and means prioritizing employee well-being. It cites data that 39% of workers would be willing to work harder if they were happy in their current role or workplace, and Gallup data that 70% of employees lack engagement due to dissatisfaction, estimated to cost $450 billion to $550 billion in lost productivity per year. It uses RXBAR as an example: a surge in demand drove rapid growth, more employee travel led to a flood of expense reports, and the finance team spent extra hours compiling and reviewing submissions. By automating its expense process, RXBAR gained the insight and flexibility needed for fast, data-driven decisions.