This a common question we often hear from customers using the SAP Travel Management (on-premise) solution to manage employee expenses.
Think about where you are today. Then think about where you want to be in the future. How much more could your team do, and how smooth could expense management be?
What’s the difference between SAP Travel Management and Concur Travel & Expense?
Concur Travel & Expense is SAP’s cloud-based business travel management tool. It simplifies travel & expenses for employees and managers by:
- Providing an end-to-end travel and expense (T&E) experience that’s easy for employees to use.
- Applying customizable policy rules automatically, removing the guesswork for employees and approvers.
- Allowing work on the go by making the expense management process accessible inside or outside the company walls.
- Speeding up approvals so employees are reimbursed faster.
- Freeing up time for employees, managers, and finance teams to focus on important work.
- Automatically create an expense report by taking a picture of the receipt.
- Seamlessly integrating with Concur Expense for efficient spend management.
How can SAP Concur’s automated travel and expense management solution benefit your business?
- Employee Experience -With an end-to-end process, business travel and expense information can be prepopulated into expense reports. Then it’s much easier for employees to quickly and accurately submit claims for reimbursement.
- World-Class Mobile App – Employees can book travel, capture receipts, submit claims, and approve wherever they travel and work.
- Improved compliance – Using an automated solution enables you to quickly update your policies when necessary or flag exceeded spend thresholds to employees.
- Increased Productivity – When expenses go digital, managers can access them anywhere at any time. Finance can also see all the open but unapproved expenses in the system, giving them visibility of their upcoming cash flow.
- Improved visibility – With built-in analytics and reporting you can see the big picture, pick up on trends, and make strategic business decisions.
- Duty of Care – Deliver on your duty of care commitment by identifying employees on business travel who need help, connecting with them, and getting them home safely.
- Connect to company systems – Easily integrate finance solutions and connect data across your existing business systems like SAP ECC or SAP S4/HANA.
- Sustainable Business Travel – Build sustainability into your travel program and equip employees with tools to achieve sustainability goals with SAP Concur partners like CHOOOSE and Thrust Carbon.
Moving to the cloud-based Concur Travel & Expense solution requires minimal implementation costs so ROI can be realised sooner, while mobile- and web-based tools mean there’s little to no additional infrastructure required. SAP Concur also manages maintenance and functionality upgrades, meaning less work for your business.
Implementing Concur Travel & Expense is faster and easier than you might think. Ready to see it in action? Contact our team to book a demo.