Growth and Optimization
You Don't Need to Be Big to Need Automation
“Do you have the receipt?”, “Are these expense details accurate?”, and “Was this claim approved?” are three questions no employee wants to hear and finance teams big and small are tired of asking.
It’s not surprising then that nearly two-thirds of small to medium-sized businesses say improving employee satisfaction has become a top priority. Close behind is the desire to free employees from mundane tasks so they can focus on more strategic work.
In other words, digitising and automating expense management processes is no longer a nice-to-have. And for a not-so-big business, it can be mission-critical.
Will your Employee Love Using Concur Expense?
While we can’t speak for how your employees will feel about using Concur Expense, they will have an easier time getting their expense tasks done.
Here’s why:
- Whether in the office, at home, or out in the world, your employees will be able to use the SAP Concur mobile app to quickly snap a pic of their receipt.
- Our proprietary OCR and machine-learning technologies then automatically itemise and categorise each expense, plus flag any potential out-of-policy claims.
- The only thing left for an employee to do is quickly review the expense report, add any additional info needed, and press submit.
No more lost receipts, lost hours, or lost peace of mind.
The same goes for your managers and finance team:
- Concur Expense will send them a notification as soon as an expense report has been submitted.
- Each expense report and attached receipt photos can be then easily reviewed on a mobile phone, tablet, or laptop.
- All that’s left to do is press the approve button or send a message right within the app to the employee if further details are required.
Your Employees are Worth It - and So Is Your Business
Over 51,000 businesses of all types and sizes use SAP Concur solutions. So, we understand the need to make every penny count, especially for those businesses without big budgets.
Why are we so confident? Because our customers regularly share with us the real-world ROI of automating spend management processes.
Concur Expense users have reported1:
- 47% reduction in missing receipts
- 32% reduction in the time taken to approve expenses
- £42K (€49K) estimated money saved on an annual basis
- Only 8 months to see positive ROI
And that’s just for starters.
Of course, the real ROI comes from how Concur Expense can help boost your employees’ happiness and productivity. Those are big benefits that can resonate for years to come. Learn more about what your business can gain with automated spend management.
We’re here to answer any questions you may have. Talk to us today.
1 ANALYSYS MASON 2022, TRAVEL, EXPENSE, AND SUPPLIER INVOICE MANAGEMENT STUDY.