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Concur Invoice Automates AP: Customers Report Significant ROI

1reports1reporting sources2023-08-14Update

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AP automation can significantly reduce corporate finance operational costs and time, potentially driving more companies to adopt expense and invoice management platforms, affecting the supplier market.

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8月14日
  1. SAP Concur Blog
    Concur Invoice Automates AP: Customers Report Significant ROI

    SAP Concur published a blog detailing the top 10 features of Concur Invoice and the ROI customers achieved. After automating AP workflows, customers reported a 29% reduction in time spent capturing invoices, a 26% reduction in budget overspending, and 11% cost savings through supplier-negotiated rates. These efficiencies resulted in an estimated 134 hours saved per week, $43K saved annually, and positive ROI in only 7 months.