Ericsson
Reimbursement time cut from two months to six days! And 100% employee adoption rate.
Ericsson has been the telecommunications industry leader since the late 1800’s. With a presence in 175 countries and offices in 108 countries, Ericsson looked for an on-demand global solution that would reduce costs and universally meet the needs of its employees. After a brief pilot, Ericsson implemented Concur. As a global expense management solution, Concur drives significant costs out of the expense process by automating the processes Ericsson uses to manage employee spend.With Concur’s powerful reporting capabilities, Ericsson now has the ability to monitor the suppliers that employees frequently book. Plus, management can quickly analyse employee spend data to optimise supplier negotiations, spend management and fraud reduction.
Why Ericsson Prefers Concur:
- It automatically records and reports VAT
- They have a 100% employee adoption rate
- Increased employee and manager efficiency with an automated solution
- Leveraged expense claim data to negotiate favourable supplier rates
- Dramatically cut expense reimbursement time from two months to six days
- Increased control and visibility into travel spend through powerful reporting
"Concur is the perfect system for us. The most important thing for us was to have one standard global process. The second most important thing to us was to control costs and know how much we’re spending and analyse why we’re travelling. With Concur, we have all that.”
-Ali Sadek, Global Travel and Expense Manager, Ericsson
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