In today’s fast-paced business landscape, managing expenses and travel can often feel like a daunting task. From tracking receipts to navigating complex approval workflows, the challenges of expense management can be overwhelming.
This is where solutions like SAP Concur come into play, promising to simplify and streamline the entire expense and travel management process.
In this comprehensive guide, we will explore SAP Concur reviews in-depth, providing you with valuable insights through reviews, feature breakdowns, pricing information, and the real-world advantages it offers to businesses of all sizes.
What is SAP Concur?
SAP Concur is a global leader in combining travel, expense, and invoice management solutions. They aim to make these routine tasks simpler and automated. When using SAP Concur, a highly rated app helps employees during their trips, and expenses are easily added to reports. Invoice approvals are also automated.
By merging nearly real-time data and using AI to review all transactions, companies can precisely track their spending without concerns about hidden budget issues. SAP Concur solutions remove the boring tasks of the past, making today’s work smoother, and enabling businesses to perform at their best every day.
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SAP Concur Details
Website Name | SAP Concur |
Company Website | www.concur.com |
HQ Location | Bellevue, WA |
Year Founded | 1993 |
Language Supported | Czech, Danish, German, English, French, Indonesian, Italian, Japanese, Korean, Dutch, Norwegian, Polish, Spanish, Swedish, Chinese (Simplified) |
Price | $9 – Concur Travel and Expense |
SAP Concur Features
- E-receipt import
- Approval process control
- Multi-currency
- Receipt management
- Reimbursement management
- Integrated travel, expense, and ERP data
- TMC data integration
- Spend control
- Mobile applications
- Reporting
SAP Concur Pros and Cons
Pros:
- User Friendly
- Easy to Upload
- Management
- Saves Time
- User Interface
Cons:
- Technical Issues
- Expense Report Issues
- Not User Friendly
- Mobile App Issues
- Slow
How Do You Position Yourself Against Your Competitors?
Enhance Automation and Integration in Travel, Expense, and Invoice Procedures
SAP Concur aims to boost automation and integration in managing expenses, travel, and invoices. They continually improve these solutions by automating and connecting every step, from requesting expenses and making bookings to managing receipts, reimbursements, and reconciliations.
Revamp Employee Experiences Beyond Expectations
By eliminating the need for paper documents in travel and expense processes and integrating with the apps employees already use, SAP Concur solutions can automatically fill in expense reports and invoices. This frees up employees to make more strategic decisions and focus on what truly matters.
Innovate for Better Spending Visibility
Through the integration of travel, expenses, and invoices, along with interactive, role-based dashboards and reports, budget managers gain a unified perspective on spending. This enables them to track what has already been spent and what expenses are forthcoming.
Key Benefit of Using SAP Concur
Global Solution
Concur offers support for multiple currencies and languages. It automatically calculates currency exchange rates, car mileage allowances, and taxes like VAT/GST/HST/FBT.
Data Collection
Concur brings together data from travel management companies (TMCs), expenses, invoices, and credit cards into one system. It matches data from receipt images with information from travel companies and credit card transactions to ensure accurate expense reporting.
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Gamification
Concur TripLink uses a fun approach to reward and recognize employees for efforts in controlling travel expenses.
Concur Messaging
This feature provides a platform for employees and management to communicate through data feeds, share itineraries, map locations, receive alerts, identify risks, and more.
Travel Planning
Concur sends real-time flight alerts for delays, cancellations, and gate changes. In case of delays or cancellations, it allows you to view alternative flight options and informs you about eligibility for a flight refund.
Concur TripIt
This is a free solution that simplifies travel planning by offering tools to book flights, hotels, restaurants, events, and activities. This tool creates a single itinerary that includes all your business trip details. Let’s discover the Business Intelligence Analyst.
Conclusion
In summary, SAP Concur offers a versatile solution for global travel, expense, and invoice management. Its support for multiple languages and currencies, automated calculations, and data integration simplify processes. Gamification encourages cost-consciousness, while messaging enhances communication. Real-time alerts and travel planning tools further boost efficiency, empowering businesses to streamline financial and travel management.