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The connection between T&E tools and organizational productivity

1reports1reporting sources2024-06-26Update

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These quantified figures give companies a reference for evaluating T&E tool ROI, especially time savings in booking and reimbursement and annual cost savings.

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6月26日
  1. SAP Concur Blog
    The connection between T&E tools and organizational productivity

    A SAP Concur blog post cites survey and IDC analysis data on how travel and expense (T&E) tools affect productivity. IDC's analysis of select SAP Concur customers found the time needed to book a trip fell 54% with Concur Travel, employees completed expense reports 43% faster with Concur Expense, and reimbursement time was cut in half. The post says organizations adopting SAP Concur solutions saw a 48% reduction in user time costs, saving about $777,000 annually in travel- and expense-related costs.