Did you know travel and entertainment (T&E) costs are the second-most difficult operating expense line item for businesses to control? You can make more proactive decisions to better manage that spend and at the same time provide stakeholders with analytics that help drive policy decisions. In this session, Concur will also demonstrate how you can deliver insights to targeted personas and make sure you’re delivering the right information to the right stakeholder at the right time.
27. #AribaLIVE @ariba
Actionable Analytics | Configuration
27
36,000
Spend to budget is 80%
21 Days left in budget period
The combination of actual spend,
accruals, and trips booked but not taken
has now combined to hit 80% of your
travel and expense budget for the
quarter
See comment on slide (TD1)
Speaker notes
Traditional reporting is perfect for looking into the past to see things that happened. Or to find trends in data that is dated and old. Which means that the opportunity to influence change is already gone and the scale of influence on future events is at a macro scale, not micro.
Companies and administrators spend a large percentage of their time chasing down data from previous quarters to try and influence macro changes. But what it you had the tools – better yet, your managers had the tools, to address the things that impact their budget in a proactive way that ultimately benefits their department and ultimately the entire company.
Catching poor decision-making, policy violations or potentially budget-breaking spend at the time travel is booked or as transactions are charged is one of the easiest ways to help empower managers and ensure your program remains in compliance.
Speaker Notes:
Past
Where we’re coming from
Challenges and focus
Present
Review year’s accomplishments
Future
Persona focus
Value based dashboards
Imbedded analytics
Next generation
Talk Track
Many Personas within organization can find value in data but each one has different needs. You can literally help empower the entire company. By knowing your audience you can have more effective and meaningful conversations.