SAP Concur news stories

A new study by SAP Concur has found 86% of businesses across the Asia Pacific say their companies are actively considering sustainability when managing travel.

In line with new legal requirements put in place by the Australian Taxation Office (ATO), eInvoicing practices are being widely rolled out in a bid to enhance the Australian economy.

Increased activity this festive season can result in opportunities for fraud as people are distracted and busier than usual, leaving them less time to review all transactions carefully.

SAP Concur has released its findings on the impact of COVID-19 on businesses and has created a guide on navigating disaster resilience.

Cloud-based digital adoption platform WalkMe has expanded its partnership with SAP concur in a bid to optimise employee experience in hybrid working environments.

The SAP Concur study finds that Australian finance and IT decision-makers are strongly positioned to lead the COVID-19 business recovery, however to do so they must collaborate and break down functional silos.

The study, 'Ready, Reset, Grow', shows that slowing economic growth, employee safety and well-being, and increased or new competition, are the top three challenges for APAC executives.

Come along to this webinar to learn about SMBs' challenges, how they overcame these challenges, and business benefits.

“Many SMBs across Australia and New Zealand have been faced with unimaginable challenges throughout 2020. The SAP Concur financial solution aims to relieve some of the pressure by providing SMBs with a unified accounting system."

Asia Pacific organisations that rely on manual finance processes could be losing as much as US$21.5 billion due to productivity inefficiencies each year.

Talend’s new CEO and CRO most recently held executive positions at SAP Concur.

“Fundamentally, automated expense management systems help SMBs target areas they’re likely to lose money on."

"SMBs should invest in the latest technology to streamline and automate finance function."

“Companies can mitigate risk of fraud by creating a strong compliance culture, and by implementing and enforcing strong policies around spend management.”

There may not be too much of a budget for company vehicles in an SMB’s day-to-day business, which means many people are increasingly using their own vehicles for work purposes.

With the right technology, companies can capture consumer, sales, and expense data, and use it to evaluate and construct future plans.

Most companies tend to take a basic approach that focuses on numbers and compliance, without much room for grey areas or negotiation.

The New Zealand and Australian governments are working on a joint approach to create trans-Tasman standards to eInvoicing that’ll make it easier for businesses in both countries work with each other and across the globe

When it comes to business travel expenses, some still have to be done the manual way and they often rely on employee estimates.

SAP Concur outlines how taking this data into the cloud can be beneficial to any organisation.

Small businesses that switch to automated accounts payable (AP) processes may find that common money-loss problems disappear.

“Traditional budgeting methods focus solely on planning, which does little to help make informed decisions based on quality data in real-time.”

The certification means Deloitte will configure SAP Concur solutions directly for its clients.

According to SAP Concur, with the right set of tools, organisations can better monitor costs and maximise efficiency.