SAP Concur - The Way to Concur Modern Accounting
January 17, 2023

SAP Concur - The Way to Concur Modern Accounting

Cahel Burman | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Software Version

Premium

Modules Used

  • Expense
  • Invoice

Overall Satisfaction with SAP Concur

Being a large company, we have several expenses, invoices and other reports to manage on a daily basis. SAP Concur helps us automate the expense report process and make it easier for employees to submit expenses. This helps reduce the amount of time our accounting team needs to spend processing them and ensure that all expenses are recorded accurately.
  • Cost Control through real-time visibility into employees spending, including expenses by category, employee, vendor, or project.
  • Automating Invoice Processing
  • It can automatically extract data from receipts and invoices
  • On your first time of use, its complex to set up and configure
  • It relies on accurate submissions by employees which forces constant manual rechecks
  • It helps us stay compliant with the required financial regulations
  • It has reduced the administrative burden on the accounting department through quick reimbursements
  • It helps us be Better at Decision Making
They are several but I'll talk about 3 main ones - SAP ERP, Oracle E-Business suite and Microsoft Dynamics. Integrating SAP Concur with these three allows us to connect our expense and invoice data with our financial data, providing us with a more complete view of our company and employees expenditures
We have configured it to enforce company-specific policies, which can help ensure compliance with financial regulations and internal policies. Also, its mobile capabilities make it easier for our employees on sites or other projects to submit expenses and access their travel itineraries while on the go.
As I've mentioned earlier, it helps our company achieve significant cost savings, improve employee satisfaction and compliance, and provide more visibility into spending, which in turn sees to it that we achieve all our overall business objectives.

Do you think SAP Concur delivers good value for the price?

Yes

Are you happy with SAP Concur's feature set?

Yes

Did SAP Concur live up to sales and marketing promises?

Yes

Did implementation of SAP Concur go as expected?

Yes

Would you buy SAP Concur again?

Yes

Concur is of great help in streamlining the expense report process and reduce the risk of errors for your accounting expeditions. For our company we benefit from Concur's impact on Cost Control. We use it to gain real-time visibility into employee spending to identify areas for cost savings and help the company stay within budget.

SAP Concur Feature Ratings

Employee Expense Reporting
9
Corporate Card Reconciliation
7
Customizable Approval Policies
8
Financial Document Management
9
Payment Status Tracking
8
Payment Audit Trail
9
Duplicate Bill Detection
8
Advanced OCR
9
Electronic Funds Transfer
8