SAP Concur

We use SAP Concur for managing employee expenses and travel bookings. It automates the processes of tracking, approving, reimbursing employee expenses and helps simplify compliance by providing built-in policies and approval workflows.

SAP Concur automates the employee expenses workflows, reducing paperwork and
errors, and enhancing accuracy. It provides automated policy controls that help ensure
employees comply with company policies for travel and expenses, reducing
fraudulent claims or non-compliance. SAP Concur ensures faster expense processing, which leads to quicker reimbursements.

SAP Concur has native integration with SAP ERP. For expense reporting and approval it is used by employees across various departments to log and report expenses, which are then reviewed and approved by managers and then return results to SAP ERP. Employees book travel through SAP Concur Travel, which integrates directly with corporate travel agencies or booking platforms. This allows centralized booking and enforces travel policies, saving costs and improving safety.

SAP Concur’s automation has allowed to streamline manual expense reporting processes. This helps reduce errors, eliminates tedious data entry, and ensures a quicker turnaround from report submission to reimbursement. SAP Concur’s optical character recognition technology helps users capture receipts using their smartphone cameras. The system automatically extracts data and populates expense fields, greatly reducing the time required for both employees and finance teams to process reports. SAP Concur’s reporting and analytics tools give finance team full visibility into employee spending patterns. This enables to enforce budgets, manage travel policies, and detect out-of-policy expenses before they become problematic.

Employees can easily submit expenses by capturing receipts with their mobile phones, and then SAP Concur’s OCR technology reads and populates results automatically in the app. This has made the process faster and reduced the need for manual entry. As a results result employees spend less time. Also with automated workflows and real-time tracking, expense reports move through the approval process more quickly, resulting in faster reimbursement. In this case employees experience less delay in getting reimbursed for personal expenses.