SAP Concur: Building AP Nirvana with Millennials
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For finance and HR leaders, the post links AP automation to talent attraction and retention, suggesting paper-based processes may hurt recruiting competitiveness while modern AP helps meet younger employees' technology expectations.
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- SAP Concur BlogSAP Concur: Building AP Nirvana with Millennials
A SAP Concur blog post cites surveys finding that 93% of Millennials say up-to-date technology is one of the most important factors at work; a PwC study found 59% of Millennials value an employer's willingness to provide state-of-the-art technology when considering a job, and 78% say access to technology they like makes them more effective. It argues traditional AP systems with manual input and paper shuffling conflict with tech-savvy Millennials, and says Millennials will comprise 40% of the working population by 2020.