Growth and Optimization

Transform your Financial Data into Actionable Insights

Kiersten Conner |

There’s no question that accurate, actionable data is key to business success. But if your financial systems are disconnected, it’s difficult to have visibility into data and spend – leaving opportunities for budget overages, inefficient processes, and exposure to regulatory, policy, and compliance risks.

By integrating your organization’s ERP with your travel, expense, and accounts payable data, you’ll have visibility into all outgoing spend, transforming your data into actionable insights that will help you manage your company’s funds effectively.

 

You don’t have to sacrifice functionality for integration

Integrating your spend data does not mean you have to settle for a sup-par tool to track travel, expenses, and accounts payable invoices – you can get the best of both worlds by selecting a solution that connects to your current ERP without extra burden on your staff. Choosing the right tool will provide your organization with:

1. Greater Visibility

Seamless integration between your finance, travel, expense, and accounts payable systems gives you a complete view of your financial data, all in one place. Customizable dashboards and easy, robust reporting provide stakeholders with the tools and information they need to make better business decisions, from the immediate discovery of excess spend and out-of-policy spending to ensuring compliance with current tax rules and regulatory standards.

2. Increased Efficiency

Manual and paper-based systems can lead to revenue leakage, loss of savings, and inefficiencies across the entire expense management process. An integrated solution automates this process from end-to-end, allowing for continual communication between systems and automatic syncing of data. No more time-consuming manual data extracts and imports.

Before choosing a spend management solution, ask these questions:

  1. Is integration simple to set up?
  2. Will it require significant resources?
  3. How will the setup and rollout time be minimized?
  4. How much support will I get during the process?

 

Effortless integration with SAP Concur solutions

Integrating a spend management solution with your ERP doesn’t have to be complicated, nor should it require a significant investment in time and energy from your IT and finance teams. SAP Concur connectors and partners make integration easy with multiple options to connect to virtually any ERP:

Option 1: Utilize one of more than 55 pre-built and cloud-based direct integrations.

Option 2: Allow the SAP Concur Integration Engineering team to build a connector using a Hosted Custom Solution (HCC).

Option 3: Leverage resources internally or from 3rd party partners to build a custom integration solution using Client Web Services (CWS).

Easily connect systems through flexible and accurate mapping to your general ledger. Integration and deployment are simpler than ever with our trained implementation team supporting you every step of the way.

 

Discover how easy it is to get accurate, timely, integrated financial data all in one place. Contact Us to find the right connector for your organization, or visit our integrations page.

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