IDC and SAP Concur Release Travel and Expense Management Maturity Model
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The maturity model provides a framework for companies to assess their travel and expense program stage, helping finance and travel managers identify system gaps and plan digital upgrade paths.
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- SAP Concur BlogIDC and SAP Concur Release Travel and Expense Management Maturity Model
A SAP Concur blog post introduces a travel and expense management maturity model developed with IDC, dividing corporate spend management into five stages: legacy applications, automated point solutions, connected platform ecosystem, integrated application suites, and intelligent/predictive processes. The post notes legacy systems relying on spreadsheets and non-integrated systems risk untimely expenses, inaccurate accruals, and non-compliant spend, while the final stage uses predictive processes, machine learning-based fraud detection, and near real-time data visibility to increase business agility and resilience.