Rapidly rising inflation, expanding regulatory hurdles, increased compliance risks, and uncontrolled budget overspend. Think your AP processes are automated “enough” to meet these rapidly evolving challenges and others to come? The research says it’s unlikely.
According to a Billentis Market Report for e-invoicing, 70% of all invoice processing globally is still paper-based. Those cumbersome manual processes not only make spend management less accurate and efficient, but they also hamper a finance team’s ability to add strategic value to the organization. Equally concerning, they can lead to unnecessary employee frustration, loss of productivity, and turnover.
Download this whitepaper from SAP Concur to learn ways you can use technology and data to improve the efficiency and productivity of your financial operations and build business momentum for what’s next.