SAP Solution: Travel expense accounting

Starting in 2022, SAP customers will be able to run the on-premises travel expense management solution Travel Management integrated in S/4 Hana instead of having to switch to Concur in the cloud.

More often than not, companies invest up to ten percent of their annual budget in business trips - and this estimate is not even considering the corresponding processing costs. How can costs be optimized with cloud-based solutions?

Here's a personal gas receipt, there's a family dinner that slips into the monthly expense report: when it comes to travel and business expenses, employees don't always get it right. That's the conclusion of Concur's Accounting 4.0 study.

If companies use their own solution for travel expense management, transferring this data to the SAP system can quickly become a challenge. The reason: the lack of interoperability with SAP ERP. This can lead to expenses not being recorded and controlled correctly. This hinders error-free accounting and sometimes the timely reimbursement of travel expenses.

Concur has been part of SAP for two years, but what exactly do its expense management solutions do?

With the current study "Business Travel Processes 2015" Techconsult takes a detailed look at travel management processes.