Hit the gas and leave your competitors in the dust. Download this infographic and see how automating your expense reports can rev up your business performance.
Ask Yourself – Does Your Business Need a Tune Up?
Processes like travel and expense management are essential components of the engine that makes your business run.
- Look under the hood. Travel is the second largest controllable expense behind salaries. *
- Business travel and T&E make up 10% or more of the corporate budget **
- Sales spends 32% selling ** and 68% on admin tasks **
Stay bogged down with the rest of the pack
- 36% have difficulty finding or managing paper-based documents **
- Cost of expense report transaction without expense automation. *** = $ 17.87
Or pull ahead to the finish line.
- $7.91 – Cost of expense report transaction with expense automation ***
- 90% of top performing organizations don’t write payroll checks anymore because of automation advancements ****
- A 5% reduction in operating costs has the same impact as a 30% increase in sales **
Ready to improve your business performance? Test drive Concur today.
Sources: 1. Jupiter Research; 2. September 2013 Aberdeen Report; 3. Concur Fast Facts 2015; 4. Hackett Group