{"id":12129,"date":"2019-08-07T06:31:00","date_gmt":"2019-08-07T06:31:00","guid":{"rendered":"https:\/\/www.accely.com\/blog\/the-benefits-of-using-s-4hana-with-sap-analytics-cloud-2\/"},"modified":"2025-03-17T06:08:10","modified_gmt":"2025-03-17T06:08:10","slug":"how-does-sap-concur-streamlines-travel-and-expense-management-system","status":"publish","type":"post","link":"https:\/\/www.accely.com\/us-en\/blog\/how-does-sap-concur-streamlines-travel-and-expense-management-system\/","title":{"rendered":"How Does SAP Concur Streamlines Travel and Expense Management System"},"content":{"rendered":"\n<section class=\"insights-banner\">\n    <div class=\"container\">\n        <div class=\"insights-banner-wrapper\">\n            <div class=\"insights-banner-left\">\n                                                <h1 class=\"insights-banner-title h3\">How Does SAP Concur Streamlines Travel and Expense Management System<\/h1>\n                                <div class=\"badge-wrap d-flex d-flex-wrap\">\n                                                                          <\/div>\n                                 <p class=\"publish-date\">Published: August 7, 2019<\/p>\n                                \n                 \n\n\n\n            <\/div>\n                        <div class=\"insights-banner-right\">\n            <img decoding=\"async\" src=\"https:\/\/www.accely.com\/wp-content\/uploads\/2019\/08\/How-Does-SAP-Concur-Streamlines-Travel-and-Expense-Management-System.webp\"  alt=\"Banner\" class=\"insights-banner-img\" width=\"720\" height=\"471\">\n            <\/div>\n                    <\/div>\n    <\/div>\n<\/section>\n\n    <div class=\"main-content-blog-section\">\n        <div class=\"main-content-blog\">\n                            <div class=\"pdp-sidebar-sec-wrap\">\n                    <div class=\"pdp-sidebar\">\n                        <ul class=\"ul-none pdp-sidebar-menu-wrap\">\n                                                        <li>\n                                <a data-scroll=\"introduction\" href=\"#introduction\" aria-label=\"tab-link\" class=\"active\" >\n                                    <span class=\"body-font-sm text-capitalize\">Introduction<\/span><\/a>\n                            <\/li>\n                                                        <li>\n                                <a data-scroll=\"managing\" href=\"#managing\" aria-label=\"tab-link\" >\n                                    <span class=\"body-font-sm text-capitalize\">Managing your Expenses Proactively<\/span><\/a>\n                            <\/li>\n                                                        <li>\n                                <a data-scroll=\"innovation \" href=\"#innovation \" aria-label=\"tab-link\" >\n                                    <span class=\"body-font-sm text-capitalize\">Innovation in Travel and Booking\u00a0<\/span><\/a>\n                            <\/li>\n                                                        <li>\n                                <a data-scroll=\"mobile \" href=\"#mobile \" aria-label=\"tab-link\" >\n                                    <span class=\"body-font-sm text-capitalize\">Introduction to Mobile Application\u00a0<\/span><\/a>\n                            <\/li>\n                                                        <li>\n                                <a data-scroll=\"concur \" href=\"#concur \" aria-label=\"tab-link\" >\n                                    <span class=\"body-font-sm text-capitalize\">SAP Concur Expense\u00a0<\/span><\/a>\n                            <\/li>\n                                                        <li>\n                                <a data-scroll=\"invoice\u00a0\" href=\"#invoice\u00a0\" aria-label=\"tab-link\" >\n                                    <span class=\"body-font-sm text-capitalize\">SAP Concur Invoice\u00a0<\/span><\/a>\n                            <\/li>\n                                                    <\/ul>\n                    <\/div>\n                <\/div>\n                <div class=\"content-blog-sections\">\n                                                            <section class=\"insights-middle\"  id=\"introduction\" >\n                        <div class=\"insights-container\">\n                            \n                        <div class=\"insights-middle-content\">\n                            <p style=\"text-align: left\"><span style=\"font-weight: 400\">Do you know that the travel and tourism industry accounts for 10.4% of the global GDP? That\u2019s an enormous figure!\u00a0<\/span><\/p>\n<p style=\"text-align: left\"><span style=\"font-weight: 400\">Global business expansion and increasing business mobility have led to an increase in corporate tours and travels. According to the Global Business Travel Association, business travel expenses have increased to 7.1% in 2018. Business executives take corporate tours for various purposes.\u00a0<\/span><\/p>\n<p style=\"text-align: left\"><span style=\"font-weight: 400\">However, any successful business trip requires clear travel expense policies, lower processing costs, early employee reimbursement, and real-time analytics. Besides, you need to follow the various steps to manage your travel and spending.\u00a0<\/span><\/p>\n<p style=\"text-align: left\"><span style=\"font-weight: 400\">The 5-step solution to the travel and management process\u00a0<\/span><\/p>\n<ul style=\"text-align: left\">\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Travel Request\u00a0<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Approving the Travel\u00a0<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Expense submission\u00a0<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Employee reimbursement\u00a0\u00a0<\/span><\/li>\n<\/ul>\n<p style=\"text-align: left\">However, all thanks to innovative and efficient travel and expense management software known as SAP Concur.<\/p>\n<p style=\"text-align: left\"><span style=\"font-weight: 400\">SAP Concur is a US-based Software-as-a-Service (SaaS) company specializing in travel and expense management solutions. Ever since SAP acquired Concur Technologies in September 2014, the company has upgraded its software to manage all travel bookings seamlessly. It is also integrated with expense tracking software that helps travelers to control their spending.\u00a0<\/span><\/p>\n<p style=\"text-align: left\"><span style=\"font-weight: 400\">Let\u2019s discuss how SAP Concur helps in streamlining the travel and expense management.\u00a0<\/span><\/p>\n                            \n                        <\/div>\n                            \n                        <\/div>\n                    <\/section>\n                                                                                <section class=\"insights-middle\"  id=\"managing\" >\n                        <div class=\"insights-container\">\n                            \n                        <div class=\"insights-middle-content\">\n                            <h2 style=\"text-align: left\">Managing your Expenses Proactively<\/h2>\n<p style=\"text-align: left\"><span style=\"font-weight: 400\">SAP Concur can enable any business enterprise to become Intelligent with the support of Artificial Intelligence and Machine Learning technology.\u00a0 It provides an <\/span>expense management tool <span style=\"font-weight: 400\">to control your travel expenses. even before a booking is conducted. You can also create more value through real-time data capture from virtually any purchase.\u00a0<\/span><\/p>\n<p style=\"text-align: left\"><span style=\"font-weight: 400\">The SAP Concur also allows any business firm to automate frequently conducted tasks such as submitting a request for travel or expense, making bookings, and more. Employees receive enhanced user experience allowing them to give their best presentations during a conference and make improved business decisions.<\/span><\/p>\n<p style=\"text-align: left\"><span style=\"font-weight: 400\">According to research, SAP Concur has enabled enterprises to save about $50 million in travel expenses.\u00a0<\/span><\/p>\n                            \n                        <\/div>\n                            \n                        <\/div>\n                    <\/section>\n                                                                                <section class=\"insights-middle\"  id=\"innovation \" >\n                        <div class=\"insights-container\">\n                            \n                        <div class=\"insights-middle-content\">\n                            <h2 style=\"text-align: left\">Innovation in Travel and Booking<\/h2>\n<p style=\"text-align: left\"><span style=\"font-weight: 400\">The global corporate sector is moving at a very fast pace. Therefore, conventional booking methods will not help in driving the expected ROI.\u00a0<\/span><\/p>\n<p style=\"text-align: left\"><span style=\"font-weight: 400\">SAP Concur has brought the entire process of all data together assisting business enterprises to manage and book corporate tours in a quick time.\u00a0\u00a0<\/span><\/p>\n<p style=\"text-align: left\"><span style=\"font-weight: 400\">And this is not the end of the story. There are various other benefits of SAP Concur Travel-<\/span><\/p>\n<ul style=\"text-align: left\">\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Provides Travel Management Practices\u00a0<\/span><\/li>\n<\/ul>\n<p style=\"text-align: left\"><span style=\"font-weight: 400\">SAP Concur offers a seamless and modern experience to business travelers with comprehensive planning, built-in compliance, and expense policies.\u00a0<\/span><\/p>\n<ul style=\"text-align: left\">\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Real-time reports\u00a0<\/span><\/li>\n<\/ul>\n<p style=\"text-align: left\"><span style=\"font-weight: 400\">Get insights and reports of your travel expenses and key performance indicators in real-time. It helps to track expenses and make comparisons with previous years.\u00a0<\/span><\/p>\n<ul style=\"text-align: left\">\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Give automatic\u00a0 approvals or Rejections\u00a0<\/span><\/li>\n<\/ul>\n<p style=\"text-align: left\"><span style=\"font-weight: 400\">SAP Concur Request is another vital tool that enables companies to enforce internal policies and external regulations. The tool also allows them to approve or reject travel requests automatically.\u00a0<\/span><\/p>\n                            \n                        <\/div>\n                            \n                        <\/div>\n                    <\/section>\n                                                                                <section class=\"insights-middle\"  id=\"mobile \" >\n                        <div class=\"insights-container\">\n                            \n                        <div class=\"insights-middle-content\">\n                            <h2 style=\"text-align: left\">Introduction to Mobile Application<\/h2>\n<p style=\"text-align: left\"><span style=\"font-weight: 400\">The travel industry has received a huge impetus with the introduction of responsive travel apps. The users can get information about their travel from a single platform. So plan your travel, manage the booking and expenses, report to your employees, and control spending all under one roof.\u00a0<\/span><\/p>\n<p style=\"text-align: left\"><span style=\"font-weight: 400\">Some Other Advantages\u00a0<\/span><\/p>\n<ol style=\"text-align: left\">\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">The SAP Concur also allows connecting the travel, expense, and invoice management systems with cloud-based deployments.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">It establishes an integration between <a href=\"\/solutions\/sap-s4-hana\/\">SAP S\/4HANA<\/a> and <a href=\"\/solutions\/sap-erp\/\">SAP ERP<\/a><\/span><\/li>\n<\/ol>\n<p style=\"text-align: left\"><span style=\"font-weight: 400\">Now. Let&#8217;s take a case study to view how SAP Concur has streamlined the travel and expense management system.\u00a0<\/span><\/p>\n<p style=\"text-align: left\"><span style=\"font-weight: 400\">We are here to take an example of the German-based company\u00a0 BEUMER Group that deals in material handling. The company decided to implement SAP Concur that produced incredibly positive results.\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;text-align: left\"><span style=\"font-weight: 400\">First, the company saved about 30% of the time\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;text-align: left\"><span style=\"font-weight: 400\">It saw an increase in the visibility and control of travel spend.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;text-align: left\"><span style=\"font-weight: 400\">The efficiency and accuracy of production improved.<\/span><\/li>\n<\/ul>\n                            \n                        <\/div>\n                            \n                        <\/div>\n                    <\/section>\n                                                                                <section class=\"insights-middle\"  id=\"concur \" >\n                        <div class=\"insights-container\">\n                            \n                        <div class=\"insights-middle-content\">\n                            <h2 style=\"text-align: left\">SAP Concur Expense<\/h2>\n<p style=\"text-align: left\"><span style=\"font-weight: 400\">The SAP Concur Expense tool simplifies the entire expense management system. It provides an integrated expense reporting solution with real-time approval or rejection of expense requests.\u00a0<\/span><\/p>\n<p style=\"text-align: left\"><span style=\"font-weight: 400\">Like SAP Concur Travel, it also has a cloud-based deployment. It helps to improve productivity and compliance as well as control spending with ease.\u00a0<\/span><\/p>\n<p style=\"text-align: left\"><span style=\"font-weight: 400\">This <\/span>SAP Tool for Expense Management<span style=\"font-weight: 400\"> can be accessed on mobile applications and is integrated with corporate cards.\u00a0<\/span><\/p>\n                            \n                        <\/div>\n                            \n                        <\/div>\n                    <\/section>\n                                                                                <section class=\"insights-middle\"  id=\"invoice\u00a0\" >\n                        <div class=\"insights-container\">\n                            \n                        <div class=\"insights-middle-content\">\n                            <h3 style=\"text-align: left\">SAP Concur Invoice<\/h3>\n<p style=\"text-align: left\"><span style=\"font-weight: 400\">This advanced tool will help companies automate their invoice management systems that include purchase requests and payments. The clerks don\u2019t need to do manual entry as the entire workflow is streamlined.\u00a0<\/span><\/p>\n<p style=\"text-align: left\"><span style=\"font-weight: 400\">It saves a lot of time in processing costs and reduces errors while entering data. SAP Concur Invoice is cloud-deployed with the added benefit of ERP integration in the accounting system. Companies can get electronically captured invoices that can be sent for approval even from mobile devices.\u00a0<\/span><\/p>\n                            \n                        <\/div>\n                            \n                        <\/div>\n                    <\/section>\n                                                                                <section class=\"insights-middle\" >\n                        <div class=\"insights-container\">\n                            \n                        <div class=\"insights-middle-content\">\n                            <h2 style=\"text-align: left\">SAP Concur-One Need for Travel and Expense Management<\/h2>\n<p style=\"text-align: left\"><span style=\"font-weight: 400\">SAP Concur is a one-stop-shop for all your travel and expense management needs. At a time when business tours are gaining prime importance in enhancing revenue, this advanced software automatically manages all records, reports, and real-time data insights.\u00a0<\/span><\/p>\n<p style=\"text-align: left\"><span style=\"font-weight: 400\">Therefore, look to increase your control and visibility into travel expenses and save extra time through the elimination of manual work.\u00a0<\/span><\/p>\n                            \n                        <\/div>\n                            \n                        <\/div>\n                    <\/section>\n                                                        <\/div>\n            \n            \n        <\/div>\n    <\/div>","protected":false},"excerpt":{"rendered":"<p>SAP Concur is a US-based Software-as-a-Service (SaaS) company specializing in travel and expense management solutions.<\/p>\n","protected":false},"author":7,"featured_media":38198,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"product-post":[],"industry-post":[],"solution-post":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How Does SAP Concur Streamlines Travel and Expense Management System<\/title>\n<meta name=\"description\" content=\"SAP Concur is a US-based Software-as-a-Service (SaaS) company specializing in travel and expense management solutions.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How Does SAP Concur Streamlines Travel and Expense Management System\" \/>\n<meta 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