SAP Concur Urges Building T&E Management into Financial and Digital Transformation Strategy
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The article gives travel and finance managers a framework for embedding T&E management into corporate digital transformation strategy, noting that mainstream 5G adoption may further streamline back-office processes, affecting travel policy enforcement, cost control, and employee experience.
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- SAP Concur BlogSAP Concur Urges Building T&E Management into Financial and Digital Transformation Strategy
A SAP Concur blog post cites GSMA's 2020 Mobile Economy report, which states that in 2020 5G will shift from hype to reality but primarily for businesses rather than consumers, and that GSMA expects 5G to be the first generation in mobile history to have a bigger impact on enterprise than consumers. The article argues that as 5G adoption goes mainstream, back-office workflows and processes will be further streamlined, including travel and expense (T&E) management. T&E transformation is increasingly seen as an opportunity to reduce operational costs and boost employee productivity and job satisfaction, with business leaders seeing opportunities to cut costs by implementing new technologies t…