According to Oversight 1 out of 10 travelers in any given organization will generate most of the high-risk fraud. While you keep up with evolving regulations in a global scale, you need the processes in place to monitor your company’s spend. Download our IDC report to learn about intelligent processes that can help you:
Almost 50% of companies spend at least 50 hours per month auditing expense reports*. Policy communication is key for your staff spend & purchases. If you're not auditing your expense claims, errors can slip through. By auditing claims, you can verify policy compliance, comprehension and take action into communication.
* Explore the AFCE Report to the Nation
Car mileage is the 10th largest employee spend category. And nearly 90% of employees admits submitting an inaccurate claim*. Plus, in the Nordic countries 3 out of 4 employees take up to a whole week to submit mileage claims**.
By automating your spend management you can let machine learning technology support your staff and free their time for better productivity and empowerment. According to IDC, by doing this you can speed up your expense reports up to 70%.
* Read our eBook
High competition and fintech disruption impact the need for agile processes and business models for a better customer retention and partnerships. Use real-time spending insights to make faster, better-informed business decisions and predict upcoming spend.
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Increased efficiencies. Global visibility. Increased cost savings. See how SAP Concur provided better business outcomes for two major financial services organizations.
See how Capital Group utilized SAP Concur to increase control and efficiency – resulting in 25% cost reduction in travel management company and 50% time reduction.
With SAP Concur, expense claims are quickly processed and paid, limiting the administrative workload so employees can focus on the more challenging aspects of their work.