Automated, best-in-class Employee Spend Management solutions reduce the expense processing cycle time by one third.* With Concur® Expense, employee reimbursement is executed within a matter of days, rather than weeks or months.
Reducing the time employees spend submitting their expense reports and creating streamlined workflows for management approval and routing, speeds payment cycles for employee reimbursement and credit card payments, all while providing greater control of cash flow.
Concur® Pay, seamlessly integrated with Concur Expense, virtually eliminates the need for human intervention in the employee expense reimbursement process. Its tightly managed automated payment process automatically pays approved expense reports. Benefits include:
- Manage payments with tight control, reimbursing employees within days.
- Automatic corporate credit card remittance, encouraging employee corporate credit card adoption.
- Eliminate the need to re-key expense information into other systems (AP, payroll, bank, etc.) to process payments.
- Quickly and easily track expense reimbursements and payments with minimal time and effort.
- Payment process requiring minimal human intervention, so organizations can focus on strategic tasks.
To learn more about how Concur Expense speeds up the payment cycle in the expense reimbursement process, contact a Concur representative today.
* Aberdeen Group 2009