Concur Total Spend Management
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Transcript of Concur Total Spend Management
Capture and report on every aspect of travel, entertainment and spend
The spend your employees incur on behalf of your company is likely the largest line item in your budget behind payroll, and most organizations have little to no ability to manage it effectively because of multiple processes and limited visibility.
Complete visibility into employee spend through integration
Total Spend Management
Pre-defined reports, dashboards and key metrics offer a comprehensive view into all of AP spend for better cash flow management.
Transparent
Concur connects organizations to all sources of spend no matter where it happens—employee reimbursment, corporate cards and vender payables.
Connected
Easy-to-use web-based and mobile applications enable AP to automate workflows and manage spend all in one easy to use interface.
Effortless
*Automation alone 51%; mobility provides a further 40%Source: Aberdeen 2012 T&E Report
Expense Automation: The cost to process a single expense report
Aberdeen reports that 8-12 percent of operational expenditure is T&E. Twenty percent of T&E spend is non-compliant with company policy. It costs on average $25.72 to process a single manual expense report. By fully automating* your expense process you can achieve a 70 percent reduction of the processing cost and a 2.25x improvement of policy compliance.
The Concur solution is the only way you can manage spending wherever and whenever it happens. Our travel, expense and invoice management services work together with enterprise resource planning, human resources and accounting systems to consolidate data creating a single actionable resource for tracking your organization’s spend.
90% Compliance
$7.91 per expense report
Automated End-to-End
40% Compliance
$25.72 per expense report
ManualProcess
Expense Expense captures all your spending wherever—and whenever—it happens. With Concur’s cloud-based and mobile expense solution, you can integrate all your expense data and manage the entire expense process in a single, simple system, so you get complete visibility and total of control of what your business is spending.
Travel Concur offers the only way to manage every travel dollar you spend. With Concur, you can choose the precise travel content you need and integrate every reservation—no matter how those reservations are made. You’ll capture all your travel itineraries, plus have complete visibility into what’s booked and what’s actually spent.
Invoice Invoice automates your invoices and integrates with T&E payments into a single system for managing all your business spending. Concur captures paper and electronic invoices, so you can capture all your AP spending and simplify the entire process—from purchase requests to processing and payment.
Reporting We integrate and organize all your travel, ERP, invoice and credit card data, giving you the accurate, proactive data insight you need to easily control spending as it happens—or even before it happens—and manage your total spend.
Services Our Extended Services are designed to help you save time and maximize your investment. From user support and expense audits to solution maintenance, simply choose the services that matter to you and leave the rest to us.
Mobile Concur for Mobile complements our Web-based solution, allowing you to manage all your AP spend, wherever you are. Whether you are booking and managing itineraries, matching invoices with purchase orders or capturing receipts and submitting expense reports, your smartphone can do it all.
©2015 Concur Technologies, Inc. All rights reserved.
About ConcurConcur, a part of SAP, is the leading provider of spend management solutions and services in the world, helping companies of all sizes transform the way they manage spend so they can focus on what matters most. Through Concur’s open platform, the entire travel and expense ecosystem of customers, suppliers, and developers can access and extend Concur’s T&E cloud. Concur’s systems adapt to individual employee preferences and scale to meet the needs of companies from small to large.
Learn more at concur.com
The Concur SolutionBetter Together