Travel & Expense Trends

Healthcare Spotlight: Automating accounts payable with Concur Invoice

For many healthcare organizations, managing spend is a distraction, not a differentiator. Hospitals and medical facilities need to prioritize caring for the health of individuals. Tracking spend isn’t at the core of what differentiates organizations in the marketplace, but it is at the heart of running your facility efficiently and effectively....

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Small Business
Five ways it pays to pay your vendors on time
As you’d expect from the company that provides Concur Invoice, we’ve compiled compelling data on the high costs of paper-based invoicing. On average, it costs $23 to process a paper invoice. Automating the process reduces the cost to $3.41, and...

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Small Business
Common AP practices may be setting SMBs up for financial mistakes
ThreeBridge is a fast-growing professional services company whose consultants use cutting-edge technology with all of their clients. But for years, they employed a paper-based vendor invoice management system. “It was very cumbersome…and because...

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Small Business
How to break the endless cycle of paper invoice management
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...

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Travel & Expense Trends
Completing the last mile of accounts payable’s transformation
The accounts payable department has undergone a transformation in the past few years, moving from a tactical, capture-and-approve role to a strategic, revenue generating partner. This said, while the accounts payable department has made huge...

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Innovation
Are You Feeling Lucky? Make Your Own Luck by Investing in Automated AP
You don’t need to catch a leprechaun to bring good fortune to your business. St. Patrick will most likely agree that modernizing your business solutions will do as much for your business as a pot of gold in today’s world of consumerization and...

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products in action
Invoicing trends: the lure of automated AP
It’s a strange time to be in Accounts Payable (AP). Over the last few years, we’ve seen a wave of disruptive cloud-based technologies that promise better visibility into spend, greater cost control, and significantly improved operational...

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