Spend Management Checklist: Six Questions to Consider
Business spend was evolving even before the pandemic, as more and more employees were spending with less and less oversight. Now, as companies find themselves in a constant state of flux and employees vacillate between working from the office and working from work, those changes are becoming even more significant. Digital payment methods can no longer be avoided. The complexity of new payment categories (such as Personal Protective Equipment) must be addressed. And at a time when cashflow, costs, and budget controls are at their most critica ...more
Comply with Global Tax Regulations and Maximise VAT/GST Recovery by Optimising the Integrity of Your Data
The fast pace of change in taxation regulations is causing a rise in the number of businesses facing audits and penalties. With over 160 countries applying indirect tax (VAT/GST) on travel and entertainment spend, and governments mandating the digitalisation of tax reporting, compliance requirements have become increasingly complex. It’s no wonder that 42% of employee expense transactions do not meet requirements for VAT reclaim due to incorrect information or missing data. Concur Tax Assurance protects against audits and penalties by optimi ...more
Spend Management Checklist: Six Questions to Consider
Business spend was evolving even before the pandemic, as more and more employees were spending with less and less oversight. Now, as companies find themselves in a constant state of flux and employees vacillate between working from the office and working from work, those changes are becoming even more significant. Digital payment methods can no longer be avoided. The complexity of new payment categories (such as Personal Protective Equipment) must be addressed. And at a time when cashflow, costs, and budget controls are at their most critic ...more
Moving Forward: How Better Spend Management Can Drive Better Decisions
Your finance and accounts payable teams are key to driving business forward. Automation is the key to helping them be more efficient and more accurate. To understand how businesses are turning today’s turbulence into business strength that will see them through to tomorrow’s opportunities, we commissioned EIU to survey 552 executives in 11 countries. The results show that most executives consider spend management an important key in building better control over their business’s future. ...more
Automate Your Invoice Process: Get Rid of the Paperwork, Manual Entry, and Errors that Slow Down Accounts Payable
Your finance and accounts payable teams are key to driving business forward. Automation is the key to helping them be more efficient and more accurate. Add in control and visibility and you enable your accounts payable team to stay on top of spend and cash flow. This effectively turns the department into a hub of financial insights. Concur® Invoice management solutions eliminate piles of paperwork, drastically reduces processing time and — because it can integrate invoices with travel and expense payments in a single system — provides a c ...moreNewsfeed
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