What is Employee Spend Management
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Transcript of What is Employee Spend Management
Concur Copyright © 2008
Employee Spend Management
Giving You Back Control of Your Spend Management Process
Concur Copyright © 2008
Agenda
Concur Travel and Expense Overview ~ 10 minutes
Concur Travel and Expense Live Demo ~ 35 minutes
Concur Copyright © 2008
Enabling organizations to control costs by automating the processes they use to manage employee spending
Concur Copyright © 2008
A Common Point of Reference:What is Employee “Spend”?
Answer: Employee discretionary spending
Non-PO Employee PurchasesMeals, gifts, incentives, services,
supplies, fees, maintenance, utilities, etc.
Business TravelAirfare, car, hotel, meals,
entertainment, etc.
Expense ReportsCard Charges
Invoices
Concur Copyright © 2008
Compliance and Visibility Are A Challenge
The biggest hurdle is collection and visibility of data
Source: Aberdeen Study, April 2008
20% of your employee spending is out of policy
54% of companies cite enforcement of policy and lack of visibility as the most significant challenges
Concur Copyright © 2008
Challenges with the Employee Spend Process
Employee SpendEmployee Spend
Lack of visibilityIncomplete dataInsufficient detail
Analyze
Interface maintenanceControl of cashLate fees and penalties
Pay
No proactive controlsSuppliers not optimizedLittle adoption of approved tools
Capture
Loose controlsRubber stamp approvalsFraud
Control Manual data entry Disconnected systemsRedundant processes
Process
Concur Copyright © 2008
Integrated Process Yields Greater Benefits for SMBs
Control spending before it occurs
Reduce operating costs
Increases adoption of process and corporate card
Improve employee satisfaction and productivity
Gain visibility and actionable data
Reduce and prevent fraud
Spend time on more important things!
Analyze
Pay
Capture
Control
Process
Concur Copyright © 2008
Made Possible Through On-Demand Services Easy and Fast Deployment
No software, hardware or costly maintenance
Little to no IT support required
Includes Upgrades
Predictable costs
Secure – Information is safe
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The Concur Trust Platform
The Concur® Trust Platform is built on:
ISO 27001 Certified and Register
ISO 20000 Certified and Register
VISA CISP / PCI Compliant
SOX compliance through bi-annual SAS 70 Type II audit
Third party audit of controls and vulnerability management effectiveness
Provide clients with full visibility of audits and any necessary remediation
ISO27001:2005 ISO20000:2005 IS 84383
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Integrates with Your Internal Systems
On-demand service ties your “technology” islands together
Travel and Expense
CC G/L
PayrollERPTMC
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About Concur
Process $35B in T&E spend a year
IDC Top 10 global on-demand
provider
50% of clients are < 1,000 employees
One of Fortune’s 100 Fastest
Growing Companies
High Client SatisfactionClient retention over 95%24x5 Global Client Support
95%
Broad Market Expertise & Capability28 Million transactions annuallyServing market leaders across industries
Learning & Leveraging9,000 Clients in more than 90 countries
Concur Copyright © 2008
Our Commitment To Our Clients
1
2
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Easy deployment and scalable solutionsProven track record * Minimal IT involvement * Best practices
Deep commitment to investmentR&D * Security & Disaster recovery * Performance * Compliance *
Dedication to service excellenceAccount management * Client Support * Client community
Concur Copyright © 2008
Product Demonstration