Transformation in finance has to be fuelled by data, technology and connected solutions for businesses to maximize efficiencies. Procurement and finance divisions of organizations are increasingly making strategic decisions relating to company spend resulting from insights. There is more focus on leveraging technology to streamline procure-to-pay process and make it more efficient than ever. Automating Accounts Payable is how businesses are doing so, in addition to building better vendor relationships, negotiating higher discounts, making quicker payments and claiming bigger portion of reclaimable tax.
In this video, Neeraj Dotel, MD Concur India, talks about how Concur Invoice not just brings visibility into spend but also drives 100% reclaimable GST refunds.