When it comes to investing in technology to automate your expense, travel and invoice processes – or, better still, to look at seamlessly connecting all three – it’s natural to ask: Why? What’s the benefit? And – whether you’re new to us or an existing customer – how can SAP Concur help me? One way to answer these questions is to look at what might happen if you don’t address these areas of spend. In this eBook, we’ll look at the four major business risks you can minimise by investing in spend management solutions, the benefits of joining up all three processes, key facts that can help you build a business case and a how a connected approach supports businesses in your industry. The four risks covered in this eBook are:
Risk 1: Limited Visibility and Uncontrollable Costs Are you confident that you have full visibility over all the expenses being submitted, trips being planned and invoices being processed by your employees?
Risk 2: Falling Foul of Compliance or Regulatory Requirements Is your business fully compliant with rapidly changing legal and regulatory measures? And are you confident you have everything in place to effectively manage the risks of fraud and financial crime?
Risk 3: Failing in Your Duty to Care for Your Employees Can you instantly locate, communicate with and support your employees travelling on business anywhere, at any time? Especially when they’ve asked for immediate advice?
Risk 4: Missing the Strategic View and Losing Your Competitive Edge Do you have the tools, reporting and insights you need to help your organisation retain its competitive edge – rather than having to play a reactive, fire-fighting role? So what are you waiting for?
Read on to see how to future-proof your processes and protect your business. To find out more about our travel and expense solutions, visit https://www.concur.co.in/travel-expense To discover our invoice solution, take a look at https://www.concur.co.in/invoice-management