SAP Concur
A cloud-based software for travel, expense, and invoice management to control spending and ensure policy compliance.
Product Overview
SAP Concur is a cloud-based software for travel, expense, and invoice management. It provides real-time visibility, ensuring policy compliance, and enhancing financial controls. Key features include automated expense submission and reimbursement, travel booking within company policies, supplier invoice processing, mobile access, and reporting and analytics. SAP Concur is sold in modular form, allowing businesses to purchase specific solutions like Concur Expense, Concur Travel, or Concur Invoice separately or as a package.Pros
- Sold by module
- Global compliance with multiple currencies and tax regulations
- Mobile app with receipt capture
- Extensive integration capabilities
Cons
- Setup and configuration can be complex and require IT resources
- Slow response time during peak periods
- May have minimum user requirements
Target Market
Mid to large-size companies with over 100 employees. Especially useful for global companies with diverse currencies, tax regulations, and compliance requirements across different regions.SAP Concur is travel, expense, and invoice management software designed to automate these business processes. It helps organizations manage spending more effectively, ensure compliance, and reduce manual effort. SAP Concur’s modular approach allows organizations to select the specific functionalities needed and add more modules as requirements evolve.
Concur Expense
- Expense reporting: Automates the process of creating, submitting, and approving expense reports
- Receipt management: Capture and attach receipts using mobile devices, integrating them directly into expense reports
- Policy compliance: Automatically checks expenses against company policies to meet organizational standards
- Integration: Connects with corporate credit cards and ERP systems
- Analytics & reporting: Insights into spending patterns to help manage costs
Concur Travel
- Travel booking: Online booking tool integrated with travel suppliers, including airlines, hotels, and car rental companies
- Policy enforcement: Ensure all travel bookings comply with company policies and preferred suppliers
- Itinerary management: Manage travel itineraries using the mobile app
- Expense integration: Integrates with SAP Concur Expense so travel bookings automatically appear in expense reports
- Risk management: Track employee locations during travel and assist in case of emergencies
Concur Invoice
- Invoice processing: Capture, approve, and payment of supplier invoices
- Supplier management: Manage relationships with suppliers and view invoice statuses and payment timelines
- Purchase order matching: Match invoices to purchase orders and goods received
- Reporting & analytics: Track spending, manage budgets, and optimize working capital
Concur Request
- Pre-approval workflow: Submit requests for travel, expenses, or other spending to ensure spending aligns with budgets and policies
- Budget tracking: Provides visibility into spending before it occurs to help managers make informed decisions and avoid budget overruns
- Mobile access: Employees can submit and approve requests via mobile devices
Concur Intelligence
- Custom reporting: Create custom reports tailored to specific needs for travel, expense, and invoicing
- Dashboards: Interactive dashboards with real-time view of key metrics and spending trends
- Predictive analytics: Forecast future spending patterns and identify areas for cost savings
- Benchmarking: Compare organizational spending with industry peers
SAP Concur Integrations
- QuickBooks
- Xero
- Sage Intacct
- SAP ERP
- Oracle ERP
- NetSuite
- Microsoft Dynamics
- SAP SuccessFactors
- Workday
- ADP
- Salesforce
- Microsoft Dynamics CRM
- Amadeus
- Sabre
- Travelport
- American Express, Visa, Mastercard and PayPal
- Expensify
- Certify
- Microsoft Office 365
- Slack
- Google Workspace
- SAP Analytics Cloud
- Power BI
- Dropbox
- Google Drive
- Paylocity
- Gusto
- Custom APIs
SAP Concur Pricing
SAP Concur starts at around $9 per user per month; however, pricing can vary based on the modules and features needed and organization size. SAP Concur typically requires five users for the most basic plan.
How does SAP Concur work?
SAP Concur allows employees to book travel, capture expenses, and submit invoices while ensuring compliance with company policies through automated approval workflows. The software can integrate with systems like ERP and HR to provide detailed reporting for better visibility and cost control. SAP Concur offers a mobile app to make it easier for users to manage travel, expenses, and invoices from anywhere.
What types of businesses can benefit from SAP Concur?
SAP Concur is used across various industries and sizes, although it is best suited for mid to large organizations. Its modular approach allows companies to choose specific solutions based on their needs.
How does SAP Concur help with compliance and policy enforcement?
SAP Concur automates the enforcement of company policies by flagging non-compliant expenses, travel, and invoices. Companies can set up predefined rules and regulations to reduce the risk of errors and non-compliance.
How does SAP Concur handle international travel and expenses
SAP Concur supports multiple currencies and languages, making it an ideal choice for global companies with multiple locations. The software can convert expenses into different currencies to comply with local regulations.
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