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SAP Concur: Why Automated Spend Management Can Lead to Business Growth
1.
Bryn Cowling, Regional
Manager, SAP Concur May 2022 Why Automated Spend Management Can Lead to Business Growth
2.
2 PUBLIC © 2022 SAP
SE or an SAP affiliate company. All rights reserved. ǀ Company spend control Settlement Spend Enablement Guidance, Oversight & Control Controls and Compliance The results of automation Spend Management Employee Experience
3.
4 PUBLIC © 2022 SAP
SE or an SAP affiliate company. All rights reserved. ǀ Growth Strategy 68% Utilize Technology 81% Improve Visibility 43% Increase Efficiency 68% of firms consider using technology to improve efficiency and productivity to be an important strategic objective.1 81% of finance leaders don’t have complete visibility over travel, expense and invoice spend.2 Business value highlights include “43% more efficient auditing staff.”3 1. AMI-Partners Report, 2020, Why Financial Decision Makers (FDMs) Need to Focus on the Employee Experience 2. SAP Concur and Vanson Bourne, 2017, Connecting the Dots on Travel, Expense and Invoice Spend 3. IDC, 2021, SAP Concur Helps Organizations Optimize Their Employee Spend Management While Improving Business Efficiency
4.
5 PUBLIC © 2022 SAP
SE or an SAP affiliate company. All rights reserved. ǀ Spend Management Automation of Spend Management Increase accounts payable efficiency. Maximize VAT Reclaim Improve budget compliance or spend against budget. Reduce non- compliant or wasteful spend.
5.
7 PUBLIC © 2022 SAP
SE or an SAP affiliate company. All rights reserved. ǀ Controls and Compliance Automatic Detection Proactive Requests Near real-time analytics Quickly Adapt and Protect Your Organization Apply policy controls Leverage intelligent tech Validate every entry Safe, necessary travel Hybrid working scenarios Quickly refine budgets Evaluate and adapt
6.
8 PUBLIC © 2022 SAP
SE or an SAP affiliate company. All rights reserved. ǀ Controls and Compliance The Business Outcomes of Doing Compliance Right Improved audit efficiency Reduced processing time Better regulatory compliance Less opportunity for human error Reduced non- compliant spend Regulatory Compliance
7.
9 PUBLIC © 2022 SAP
SE or an SAP affiliate company. All rights reserved. ǀ Employee Experience
8.
10 PUBLIC © 2022 SAP
SE or an SAP affiliate company. All rights reserved. ǀ Employee Experience Employees Feel the Impact of Software Solutions 62% of employees feel they weren’t reaching potential because of software mismatch.1 1. G2, 2019, State of Software Happiness Report 2. SAP Concur Solutions, 2020, Global Travel Manager Report 52% of employees are unhappy because of software mismatch.1
9.
11 PUBLIC © 2022 SAP
SE or an SAP affiliate company. All rights reserved. ǀ Employee Experience How Can You Improve Employee Experience? Make approvals and reviews easy and mobile. Prove that you value employees time by removing obstacles. Give employees clear, proactive direction. Make post-purchase, expense process as effortless as possible.
10.
12 PUBLIC © 2022 SAP
SE or an SAP affiliate company. All rights reserved. ǀ The results of Automation
11.
13 PUBLIC © 2022 SAP
SE or an SAP affiliate company. All rights reserved. ǀ Productive Mobility Visibility Control Security Manual Spreadsheets, paper No data Lack of insight Risk - fraud and compliance Automation The reality Automation – why wait?
12.
14 PUBLIC © 2022 SAP
SE or an SAP affiliate company. All rights reserved. ǀ of finance’s time can be saved by fully automating their processes Reduction in processing costs by automating accounts payable processes 26% 60% Reduction in time from expense claim submission to reimbursement 80% Manage and control Spend Improve Compliance Positive Employee Experience = Increases Stability and Fuels Growth
13.
Contact information: Bryn Cowling Regional
Manager Bryn.cowling@sap.com 07876 137750 Thank you. Visit us in the exhibition area
14.
© 2022 SAP
SE or an SAP affiliate company. All rights reserved. No part of this publication may be reproduced or transmitted in any form or for any purpose without the express permission of SAP SE or an SAP affiliate company. The information contained herein may be changed without prior notice. Some software products marketed by SAP SE and its distributors contain proprietary software components of other software vendors. National product specifications may vary. These materials are provided by SAP SE or an SAP affiliate company for informational purposes only, without representation or warranty of any kind, and SAP or its affiliated companies shall not be liable for errors or omissions with respect to the materials. The only warranties for SAP or SAP affiliate company products and services are those that are set forth in the express warranty statements accompanying such products and services, if any. Nothing herein should be construed as constituting an additional warranty. In particular, SAP SE or its affiliated companies have no obligation to pursue any course of business outlined in this document or any related presentation, or to develop or release any functionality mentioned therein. This document, or any related presentation, and SAP SE’s or its affiliated companies’ strategy and possible future developments, products, and/or platforms, directions, and functionality are all subject to change and may be changed by SAP SE or its affiliated companies at any time for any reason without notice. The information in this document is not a commitment, promise, or legal obligation to deliver any material, code, or functionality. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. Readers are cautioned not to place undue reliance on these forward-looking statements, and they should not be relied upon in making purchasing decisions. SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE (or an SAP affiliate company) in Germany and other countries. All other product and service names mentioned are the trademarks of their respective companies. See www.sap.com/trademark for additional trademark information and notices. www.sap.com/contactsap Follow us
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