Showcasing Intelligent Enterprises at Fusion EMEA in London

Lara Edwards |

On 18 and 19 June 2019, we’ll be welcoming hundreds of people to Fusion EMEA at the Royal Lancaster in London. It’s where the community of current SAP Concur customers, those interested in SAP Concur, partners and experts come together to learn, share experiences and connect. With over 50 sessions and the opportunity to meet our ecosystem of technology partners, the event offers a wealth of opportunities to help run your business better and take your expense, travel, and invoice management to the next level.

 

This year’s focus is all about enabling Intelligent Enterprises – that is, helping businesses to run at their best by bringing greater visibility, focus and agility to operations.

 

What is the Intelligent Enterprise?

An Intelligent Enterprise is one that does more with less and empowers employees to focus on higher value work through process automation. The Intelligent Enterprise harnesses and connects spend management tools, employee automation solutions and CRM systems. They unlock information that’s previously been held in silos, enabling every department to work together to deliver a best-in-class customer experience, proactively respond to customer expectations and invent new business models and revenue streams. 

 

The Role of Today’s Finance Leaders

Intelligent Spend Management is one way of delivering that vision, and this year’s Fusion EMEA is all about discovering the value that businesses can glean when spend is managed intelligently through integrated AI technology.

 

We recognise that your role as a financial leader is evolving and you are moving beyond traditional cost-focused metrics and playing a larger role in the success of your business than ever. At the same time, your role is increasingly complex and the challenges you face are growing more numerous.

 

Spending decisions are being made more quickly than ever. Investment decisions that were once made across the span of a year, are now made in a few months.

 

Your organisation needs you to increase the consistency, quality and integrity of your spend management processes across functional areas and spend categories – and increase the speed of how those processes work – even as these spend categories, suppliers and systems become more diverse.

 

Then there’s the role you’re required to play in managing the reputation of your business and brand: ensuring suppliers and partners are operating ethically, not to mention supporting your employees and their safety, no matter where they are.

 

Taking on these challenges requires total control of each category of spending as well as a broader, comprehensive way to orchestrate spending and policy across categories.

 

To many organisations, all this looks unachievable. Each category of spend, whether it’s travel, expense, contractors, suppliers or procurement, is often siloed and has its own unique nuances, specific workflows, functionality and processes. And while there might be a wealth of data that’s available in theory, connecting and interrogating it in practice is virtually impossible in a fast-paced working environment where information is needed instantly.

 

However, automation solutions and technologies such as machine learning and AI are powering a revolution. Together, they give you the ability to overcome the data challenges and complexities you and your organisation face. And it gives you an Intelligent Spend Management capability that allows you to become the powerhouse of information and insight in your business.

 

SAP as the Only Provider of Truly Intelligent Spend Management

SAP delivers a truly holistic Intelligent Spend Management solution that enables you to become the finance leader your business needs.

 

It starts with best-in-class control of each spend category – IDC MarketScape calls SAP Concur a leader in worldwide SaaS and cloud-enabled travel and expense management applications. It means you can be confident you’re using the best solution in each spend category as well as having a suite of tools that work together seamlessly.

 

Then there’s comprehensive supplier and policy management. SAP gives you the ability to capture spend no matter where it happens. You even gain instant visibility of spend that was previously invisible until information reached the finance team, such as travel bookings, cash payments and non-PO invoices.

 

Taken together, you gain one unified view of spending across all sources and all categories. By bringing all spending together in this way, leaders from across your organisation can make smarter, faster decisions and improve discipline and accountability across the company.

 

In other words, by using tools that harness what automation, AI, machine learning and the cloud have to offer, you gain the ability to manage spend intelligently.

 

Come and Find out More

You can find out more about all the different ways Intelligent Spend Management can transform the way you operate to help you become an intelligent enterprise of the future. Visit us at SAP Concur Fusion EMEA.