As the expense, travel, and invoice management landscape changes, small and midsize businesses (SMBs) are put in the position of having to keep up with the times or fall behind. Businesses struggling to grow and compete eventually find that their...
Small and midsize businesses have a lot of advantages over much larger companies. For example, small businesses are able to be nimble and make quick decisions and strategic pivots. They are often able to be more innovative and seize new...
If you’re like many small businesses, it’s hard to find time to step back and look at the numbers. There simply aren’t enough hours in the day and it’s only at year end you look at the books in any detail. But having year-round visibility into...
If your company is facing issues with expense, travel, and invoice management, you’re not alone. A commissioned study conducted by Forrester Consulting on behalf of SAP Concur, found that 60% of companies face issues with manual processes and...
Is technology key to business success? We think so – especially in the case of business travel. As the number of business trips taken is expected to grow by three percent this year, it’s more important than ever for businesses to streamline their...
I’m a big believer in automation. As CFO of Concur and throughout my career, I’ve seen the rise and fall of companies that don’t keep up with the pace of modern business. If your company isn’t moving towards automation, you’re falling behind....
Expense reports ruining your staff’s day? Well, you’re not alone. Manual, paper-based expense report processes can take hours. Employees have to set aside large portions of their days to dig through receipts, manually input each expenditure and...
When invoice management and your exercise regimen become a little too similar, you know something’s got to give. The average company managing a paper invoice process spends $23 on each invoice, including the time, labor and costs associated with...
We first published this post in November, 2016, but we think the figures are so compelling for anyone who wants to improve their accounts payable, we decided to republish this condensed version. You can find the original post here. If your small...