A Brave New World of Spend Management

A Brave New World of Spend Management

 

The pandemic have added multiple layers of uncertainty to travel and expense management with travel restrictions on top of remote work, supply chain disruption, changing business priorities and altered business models. Employee safety and duty of care are now more important than ever since the risk of negative consequences is much higher. New expense types are now needed, including ART/PCR testing, quarantine costs, and maybe even new vaccination boosting costs.   

With all the emerging trends mentioned above, it’s clear that companies need to reinvent travel and expense (T&E) management. What are some of the challenges that lie ahead? How will businesses need to adapt their T&E management programs? In this whitepaper, SAP Concur and Accenture experts discuss the emerging scenarios affecting T&E management and highlight how technology can provide better outcomes.

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