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Plan for Future Expansion with Lessons from Around the Globe

1reports1reporting sources2022-06-29Update

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Companies should prioritize cost control during expansion and ensure processes, visibility, and collaboration are in place to avoid post-expansion problems.

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6月29日
  1. SAP Concur Blog
    Plan for Future Expansion with Lessons from Around the Globe

    Oxford Economics, sponsored by SAP Concur, surveyed 500 executives worldwide and found successful expansions rest on prudent cost control. Cost-conscious enterprises are more flexible, have better spend transparency, and better communication. Nearly 40% of US respondents expanded via M&A. Companies should manage processes, maintain spend visibility, sustain employee satisfaction, and collaborate across departments.