How to Build a More Resilient Business and Adaptable Travel and Expense Program

How to update T&E Policy

The pressure is on, with finance leaders facing an uncertain economy as well as changing business travel and employee work habits and locations. And leaders know it, with 90% of CFOs agreeing or strongly agreeing their top task is preparing for the unexpected.1  

Reliable data and easy-to-use intelligent solutions are your allies in the pursuit of better financial visibility and control and the resilience they foster. 

Here is some guidance on how you can build a more resilient and business and adaptable T&E program: 

  • Utilize the right technology: Advanced analytics, dashboards, and reporting tools should be part of a single platform for your accounts payable, travel, and expense processes.  

  • Build a foundation to pivot: With timely information, an improved picture of cash flow, and AI-infused solutions scrutinizing each expense, your business has better control and adaptability. 

  • Gain greater flexibility: With centralized policy updates empowering audits and providing employees with in-app guidance, you increase agility.  

Download the solution guide for more on how a strategic approach and SAP Concur solutions deliver flexibility. 

Source 1: SAP Concur CFO Pulse Survey, 2023