This Study provides insight into CFOs’ thinking about technology and their preferences in technology investment. It unveils that BI, analytics and performance management are the CFO’s top area of interest.
Read the report to understand more about the following:
Understanding how you spend and reconcile your money is how you begin to: take control of your T&E expenses, ensure internal policy and external regulatory compliance, and set your strategy. Discover how easy it is to reduce your risk as you’re no longer the slave to the administration process, but rather the master of the direction your company will take financially with the Concur Travel and Expense solution.
Hear from our customers on how choosing Concur has helped them to gain efficiency and productivity.
Hear from our customers on how Concur has helped them to gain both visibility and cost control of their T&E process.
Increase compliance and gain a 100 per cent receipt audit
We introduced an innovative new feature called locate and alert. The administrator at your workplace will be able to monitor where you are on a map based on your itinerary and your mobile check ins and they may be able to broadcast messages to you giving you advice on what to do, how to find your way to the U.S. embassy and get a new passport and how to get out of dangerous situations. You could be in a troublesome situation for a whole variety of reasons and this is a very practical use of mobile technology.
The biggest benefit in terms of integrating Concur with the CliqBook would be in terms of productivity. That the employees would be able to indeed have those travel-related needs integrated into Concur, and it would give them big benefits that they don’t need to input their transactions on the itinerary back into Concur again. The biggest benefit which comes out of this global deployment is in terms of the management information reporting. That now we can have those reportings available for the real management, and we can do better analysis of the expenses which are incurred.
PopChips is a manufacturer of puffed potato snacks. On a monthly basis about 50 employees submit expense reports. But our old expense reporting process was a spreadsheet-based process where each employer would have to manually enter each expense item, attach the receipts them physically mail it to their approving manager, which could be in a totally different state from there. They then have to mail it to us, once it is finally approved for processing. Our employees used to complain about the time it would take to complete their expense report, as well as getting their money back.
Our old expense reporting process, it took a lot of time and was sort of horrendous. Us in the back end, pulling them together, aggregating the categories, and trying to make some sense of what we had coming in from the field. And I would often put it off for three months as just an awful experience. I had a couple Hallelujah emails when we decided to switch to Breeze, because they were waiting for something that would make their life easier.
BAE Systems is a global company. We have over 100,000 employees across the world. Historically, we had a legacy based system using paper, and people were sort of forward about doing their expenses, filling it out by hand and then posting it to the line manager, who may be sitting in another part of the country, or another country. When we set out on our journey to look at expense systems, we evaluated a number of market leading solution providers, which are European based or which are based in other countries.
Businesses expect greater insight and efficiency from their finance team. But handling supplier invoices can be tricky without the right processes in place. We asked 500 UK finance professionals to share their perspective with us in a survey by Vanson Bourne. What would you wish for?
The Concur AP automation solution helps accounts payable staff spend less time managing the transactional supplier invoice management process. With Concur, companies have a single spend management platform for managing travel, expense and invoice processing.
Take advantage of Concur’s Invoice Management and:
The report, Virtual Instanity highlights Britain’s shift towards the on-the-go-economy (OTGE). Identified as the intersection between the on-demand and sharing economies, the OTGE encompasses the social and economic changes we’ve seen as a result of the constant wave of rapid advances in technology and connectivity in recent years. The study shows this has resulted in profound social, economic and psychological changes affecting today’s workforce.
Expenses can be expensive. And if not handled efficiently, the costs to your business can quickly mount up – employees and the finance team waste time on admin-heavy tasks, inaccurate and exaggerated expenses slip through the net, and if HMRC pay a visit, can you really be confident your expense process is compliant?
In this eBook we explore five top tips that help the finance team cut costs and drive greater control of your employee expenses. You’ll uncover new insights you may not have considered on your journey to a more streamlined and automated expenses process.
If you’re looking for insights on VAT and HMRC compliance best practice when it comes to employee expenses, look no further. This comprehensive eBook lays out everything you need to know to keep the taxman happy.
• Exactly what the taxman is looking for
• Tricky VAT rules to watch out for
• How to reclaim VAT on fuel
• The deal with international VAT, and
• How technology can help with VAT reclaim
Written by a tax expert, this guide captures all the basics and contains handy links to useful sources.
Driving Business Value Through Travel and Expense Management Maturity, a new white paper by IDC sponsored by Concur, demonstrates that there’s more to gain from a travel and expense solution than speeding up the process.
Learn about the value organisations see when they move beyond basic automation:
- 482 percent average three-year return on investment
- 49 percent time saving on travel planning
- 70 percent time saving on expense reports
- 35 percent increase in employee compliance
It's more important than ever for AP teams to help organisations streamline key internal processes and access spend data to support strategic decision making. This research paper explores the current state of supplier invoice procedures in the UK and the challenges facing a cross section of businesses.