How to build AP nirvana with millennials

A survey conducted by Microsoft and Survey Monkey found that 93% of Millennials say up-to date-technology is one of the most important factors at work.

Another recent study by PwC found that:

  • 59% of Millennials said an employer’s willingness to provide of state-of-the art technology is important to them when considering a job
  • 78% said access to the technology they like to use makes them more effective at work

These opinions affirm one of the guiding objectives of Concur: to design connective technology solutions that free users to focus on more important business tasks. Traditional AP systems that require manual data input and paper shuffling are directly at odds with the aspirations of tech-savvy millennials who want to make more meaningful contributions, while also having the flexibility to work from anywhere.

 

Read more about the true costs of paper-based invoice management here. 

 

Paper invoices are so Gen X

By 2020, millennials will comprise 40% of the working population, so their preferences are getting increasing attention from employers. One Concur client cited their company’s difficulty in filling a position in their AP department as an additional incentive to automate with Concur Invoice.

The Microsoft-Survey Monkey survey cited above was designed to uncover what it takes to attract and retain Millennial talent. It concluded that Millennials thrive in a workplace that:

  • Offers the latest technology
  • Creates a culture of collaboration
  • Keeps data safe
  • Fosters a strong sense of purpose

If your organization is still laboring under paper-based, manual AP processes, modernizing with Concur Invoice will help send the right message to the cohort that expects automated business processes to be as ubiquitous as free Wi-Fi.

 

See how Concur Invoice can give your employees more time to make a difference.

Loading next article