Easy travel transaction and reimbursement tracking
July 16, 2020
Easy travel transaction and reimbursement tracking
Score 10 out of 10
Vetted Review
Verified User
Software Version
Standard
Modules Used
- Expense
Overall Satisfaction with Concur Travel and Expense
Concur was used for travel expenses such as day trips and conferences. It was for departmental use. It is more efficient compared to manual submission of document proofs or excel based assessment of travel claims made. Paper-based proof is replaced with electronic proof submission. Payment checks arrive sooner this way.
Pros
- Easy upload of receipts through phone
- Easy approvals
- Reimbursement tracking
Cons
- Not well worth it if organizations travel infrequently
- Faster reimbursement
- Faster submissions
Traditional methods such as paper based reporting or excel have been the alternatives to Concur. Concur is a good investment considering your organization's rate of travel.
In certain cases receipts are not asked for considering daily caps. This takes away the hassle of collection of receipts as organizations pay the set amount to the spender regardless of whether the expense was lower or higher. A simple tabular reference in these cases replaces the use of concur with traditional methods.
In certain cases receipts are not asked for considering daily caps. This takes away the hassle of collection of receipts as organizations pay the set amount to the spender regardless of whether the expense was lower or higher. A simple tabular reference in these cases replaces the use of concur with traditional methods.
Our organization only used paper based, excel based or tabular budget references to confirm reimbursements when not using concur.
The most useful feature was to move everything online and make tracking of expenses easy and transparent.
It takes a lot of confusion of dates, currencies and allowed budget out of the picture. In addition, for the admin to get approvals from multiple individuals has been made easy and time saving.
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