Travel and Expense Performance Benchmark Report: Enable Your Company’s Potential

In today's fast-paced business environment, keeping ahead of the curve is essential. Benchmarking is a powerful tool for elevating your company’s performance, and this Travel and Expense Performance Benchmark Report is designed to help you do just that. Whether you're new to SAP Concur solutions or have been aware of them for years, this report provides data-driven insights that empower you to compare your organization’s travel and expense metrics with top performers globally.

Discover the Power of Benchmarking

Benchmarking is crucial for enhancing your organizational efficiency and preparing for future challenges. This Travel and Expense Performance Benchmark Report harnesses real-world data from the top 25% of SAP Concur customers—across North America, EMEA, and APAC—to deliver benchmarks that can guide strategic improvements. By dividing data into categories for companies with over and under 1,000 employees, we cater to the unique operational dynamics that size brings. Start identifying performance gaps and set your sights on exceeding industry standards with this invaluable resource.

Using the Data: A Strategic Approach

With our report, you can hone in on business goals that matter most. Gather your organization’s current performance metrics, compare them with benchmarks, and initiate a plan to bridge any existing gaps. From enhancing cash spend compliance to minimizing non-compliant expense entries, leverage the structured data to make informed decisions. Engage SAP Concur account teams for deeper insights and continuous progress tracking to ensure you remain on target.

SAP Concur Benchmarks: Your Guide to Excellence

When it comes to reducing employee cash spend and improving compliance, see how top-performing businesses leverage corporate credit cards instead of cash or personal cards. This transition simplifies tracking and enhances compliance visibility. Additionally, adopting technologies like ExpenseIt to digitize receipt capture can streamline processes and bolster data accuracy, significantly reducing non-compliant expense entries.

Transformative Solutions for Business Travel

Achieving superior spend visibility begins with understanding travel booking and ensuring that trips are captured across all channels. Concur Travel, Concur TripLink, and TripIt Pro provide comprehensive tools for managing travel bookings while maintaining compliance and fulfilling duty of care. Capture crucial travel data and trends with ease, empowering your organization to deliver timely safety and travel information to employees worldwide.

Enhancing Audit Efficiency

Regular audits are pivotal for discovering inconsistencies early, ensuring compliance, and safeguarding against loss. Intelligent Audit technology automates this labor-intensive process, offering a pragmatic alternative to manual reviews. It’s about maximizing your audit reach and minimizing rejection rates, utilizing precise metrics to ensure reports are comprehensive and accurate.

Boost Workforce Productivity

Streamlined processes equate to productivity gains. Transform expense report approval and reimbursement cycles with Concur Expense solutions, which help automate and expedite financial workflows. By integrating tools like Expense Pay and the SAP Concur mobile app, your employees can manage expenses seamlessly, enhancing overall organizational productivity and satisfaction.

Embracing Continuous Improvement

Continuous improvement in travel and expense management is essential for organizational success. With the insights provided by this benchmark report, you can drive your company forward in becoming a leader in efficient T&E solutions. As you navigate market uncertainties, flexible and adaptable systems ensure your business is ready for whatever challenges lie ahead.

Explore the Travel and Expense Performance Benchmark Report to learn more.