Employee Experience
Achieving Impactful Business Outcomes with Best-in-Class Spend Management
Continually optimising your spend management programme throughout has always been important. Eliminating inefficient processes, questioning ‘we’ve always done it that way’ procedures and stopping time zappers helps improve productivity and enhances the employee experience.
But spend management optimisation has perhaps never been so important as right now. In the past, spend decisions were made throughout the organisation. Now, with remote and hybrid working the norm, decisions are more decentralised than ever before and streamlined processes are vital.
At the same time, the overarching focus for every organisation on cost-effectiveness means every penny counts.
It means you need to take control of your spend management program and ensure you are driving value and using it to achieve positive business outcomes.
This is the starting point of a series of three on-demand webinars called Achieving Impactful Business Outcomes.
Each one-hour webinar explores a different foundation of a strategic spend management program. Each one features intelligent insights, actionable tips and practical advice rooted in real-world knowledge. They’re led by three people experienced in supporting organisations to achieve positive business outcomes: Principal Value Consultant Bill Becker, Value Engineer Matthew Ditch and Emily Gosling, Compliance Consultant Enterprise EMEA.
Driving Value Through Identifying and Improving Business Outcomes
The first webinar of the series equips you with a powerful business case for striving for a best-in-class spend management program in your organisation. Central to this is a deeper dive into the material difference that best-in-class spend management can make to the bottom line.
You’ll also explore the stumbling blocks that stop organisations from starting their journey and see how SAP Concur solutions help you overcome them.
At the same time, you’ll get pragmatic pointers on getting the balance right between control and flexibility, as well as why ‘the juice isn’t always worth the squeeze’.
Clarifying and Articulating Discrete and Actionable Business Outcomes
The second webinar in the series considers where to start when improving the efficiency and effectiveness of your spend management program.
It offers realistic advice to help you decide whether to focus your efforts on big wins or small ones. There’s then guidance on the areas of your spend management program to look at when you want to improve effectiveness and make sure every penny is spent wisely. You’ll also get tips on where efficiency gains are likely to be found, helping both managers in the business and your back-office finance team make the best use of their time.
Strategies to Identify and Control Non-Optimal Spend
The final webinar of the series tackles non-compliant and non-optimal spend. You’ll hear valuable statistics around non-compliant spend and who causes it, as well as where fraudulent transactions happen.
You’ll see real-life examples that show why headline data doesn’t always tell the full story, and why you sometimes need to dig a bit deeper to uncover the issues.
There’s advice on reactive and proactive strategies to reduce non-compliant and non-optimal spend. You’ll also learn the typical global exception rate and reassuring insight into why a 15% exception rate is best-in-class – not 0%.
The Value of SAP Concur Solutions in a Best-in-Class Spend Management Programme
A common theme throughout all three webinars is the value that SAP Concur solutions offer as a connected spend management platform and partner ecosystem. By giving you a single source of reporting you’re equipped to harness the power of data, get actionable insights, achieve a best-in-class spend management programme and, ultimately, help your business run better.