SAP Concur: Global Leader in Travel Management
According to a JP Morgan Corporate Card Benchmarking Survey, business travel expenses are the second most relevant indirect cost item (after payroll). While travel expenses represents roughly 10%-12% of annual budgets and yet, it is often neglected. Studies have shown that travel expense costs can be reduced between 5%-20% if companies implement a tool that optimizes travel policy governance.
Phoenix helps organizations achieve these cost savings through the smart implementation of SAP Concur. SAP Concur is a software-as-a-service solution that provides the tools required to control costs, identify concerns, and redirect resources to where an organization needs them most.
Phoenix can integrate SAP Concur with any ERP or any SAP on-premise (ECC or S4HANA) or cloud (S/4HANA Cloud or Business ByDesign) solution. Our expertise in SaaS solution integration and deployment supports your SAP Concur implementation through industry Best Practices, organizational change management, customized training and automated testing. This will allow you to reduce travel processing costs by as much as 83% and significantly reduce errors by your employees.
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Fighting Fraud and Frustration with SAP Concur
Key Benefits of Implementing SAP Concur
TIME AND COST SAVINGS
Restructuring your travel and spend management processes using a single, integrated solution creates a straightforward way to reduce paper, decrease errors, and quickly regain control of your costs.
Unify all of your disparate travel and expense data and processes into a seamless solution that follows the workflow from the pre-travel, travel, and post-travel stages.
Capture and report all spend data using one comprehensive solution to productively manage and forecast budgets as well as to control fraud, waste, and abuse.
Why Implement the SAP Concur Travel and Expense Solution?
CONTROL YOUR SPENDING
SAP Concur Expense provides full visibility into total organizational spending down to the sub-organizational and transaction levels so you can manage budgets more effectively, forecast more accurately, and achieve compliance with regulations and policies.
IMPROVE YOUR BUDGET DECISION MAKING WITH ACTIONABLE INSIGHTS.
You can capture and consolidate data for a holistic view of staff spending across the organization using intelligent dashboards. These dashboards provide insights that are easy to understand and act upon, allowing you to make better decisions based on the latest comprehensive financial data.
LESSEN THE RISK OF FALSE AND FRAUDULENT PAYMENTS
Improper spending can significantly impact your shrinking expense budgets. SAP Concur uses AI to audit 100% of expense reports to identify errors and flag potential problems prior to employee reimbursement.
CONNECT TO MORE TRAVEL CHOICES AND ALL YOUR TRAVEL SPENDING
SAP Concur Travel integrates travel content from multiple sources and connects you to every travel dollar your staff spend – wherever and whenever its incurred – creating a single, scalable way to manage and track your travel.
REDUCE PADDED MILEAGE REPORTS
SAP Concur Travel can monitor and reimburses actual distance driven using mobile tools, allowing you to reduce fraud, waste, and abuse.
What’s the Cost of Doing Nothing?
E-BOOK: Why SAP Concur for Public Sector –
This e-book outlines Phoenix’s approach to overcome manual expense challenges. It highlights the shift in employee-initiated spending and shows how SAP Concur can help.