Travel has been booked, the trip has been taken,the expenses are approved and properly audited, and now perhaps the most important – and often overlooked – part of the travel and expense process takes place. For employees, corporate card providers, and suppliers alike, the process is not complete until payment has been received.
Concur Travel & Expense together with Concur Pay, offers the only solution available today that allows you to completely automate the expense payment process. With Concur Pay, the data that books the trip is the same data that creates the expense and initiates the payment. This integration eliminates the costly and time consuming manual data entry and maintenance of system interfaces common to most expense payment processes, while ensuring timely and accurate payments to your employees and corporate card provider.
With Concur Pay, your corporate card is paid directly – according to your schedule – helping you control cash flow and optimize rebates and virtually eliminate the possibility of late fees and penalties from your card provider. Employees will also be delighted with reimbursement for out of pocket expenses through direct deposit to their bank account in as little as 4 days.
With Concur Travel & Expense, companies can automate the entire travel booking and expense reimbursement process, naturally encouraging employees to book travel within policy while placing more of their spend on their corporate card. This seamless end-to-end process offers both users and administrators a virtually touch-less solution while improving the quality of transaction data to provide the organization with the insights needed to continually improve the travel and expense process.