In the latest 2019 IDC MarketScape for Worldwide SaaS and Cloud-Enabled Enterprise Travel and Expense (T&E) Management Applications, IDC pointed out that
"The best T&E systems are those that understand that at its most fundamental level, travel and expense is about moving data quickly, securely, and efficiently from one party to the next"
When choosing travel and expense companies, IDC suggests users to consider following criteria:
- Emphasis on building an ecosystem around their product
- Focus on data security
- Automate key workflows
- Payment advancement, for example, integrate payments with expense reports to shorten the distance between the submission and the reimbursement.
SAP Concur has been continuously named as a leader in travel and expense solutions by the IDC MarketScape for many years. This year, IDC has pointed out SAP Concur strengths of Name Recognition, Investment in Innovation, and Functionality.
"SAP Concur was a highly prominent early provider of pure-play travel and expense applications, putting T&E on the map. The company's travel management and expense management applications both support global enterprises with sophisticated needs. SAP Concur's T&E applications heavily automate the expense report creation and approval process, with the goal of reducing and eventually eliminating the number of clicks required. SAP Concur is accessible on desktops, tablets, and mobile devices through native applications."
Download the paper excerpt to learn more.