Concur® Expense gives organizations tools to yield rapid ROI, cut business operating costs and improve employee productivity, delivering increased savings directly to the bottom line. On average, manually processed expense reports cost over $23 per transaction. By automating the expense reporting process, organizations reduce the cost of every expense report transaction to less than $7* - a 72 percent reduction.
Implementing our automated expense reporting system means employees spend less time managing paper receipts and filing expense reports and more time focusing on mission-critical tasks. By automating the expense management process, your organization will:
- Reduce transaction and processing costs
- Increase visibility into policy compliance, representing millions of dollars in savings per year for some organizations
- Eliminate costs associated with storing paper receipts and expense reports
- Reduce business costs to ship or route expense reports to managers, approvers and accounting or finance departments
- Accurately report and properly classify expenses managed by Concur® Audit, further reducing expense processing costs
To learn more about how Concur Expense can save your organization time and money with an automated expense management system, contact a Concur representative today.
* Aberdeen Group