Company Overview

About SAP Concur

SAP Concur Details

Founded

1993

Revenue

$16M

Funding

$375M

Team Size

7K

What SIA Thinks

Imagine a service that turns the tedious task of managing expenses into a quick and simple process. That’s what SAP Concur offers. It’s a straightforward, cloud-based solution designed to help businesses of all sizes handle their travel, expense, and invoice management.

SAP Concur takes the headache out of these tasks by automating them. Instead of manually entering expenses or spending hours reconciling invoices, users can let the software do the heavy lifting. Employees can photograph receipts with their smartphones, and the software will process the information. This means no more lost receipts or time wasted entering data. For travel management, SAP Concur integrates with popular travel booking sites, helping businesses find the best deals and stay within budget without lifting a finger.

What makes SAP Concur particularly appealing is its ease of use. The user-friendly interface is designed so that just about anyone can navigate it with minimal training. From the finance department to the occasional business traveler, everyone can benefit from its straightforward design and intuitive features.

For managers and business owners, SAP Concur provides real-time insights into spending. This means they can spot trends, identify areas of wastage, and make smarter financial decisions. Plus, because it's cloud-based, all information is stored safely online, accessible from anywhere and at any time. There's no need for bulky paper trails or juggling different software systems.

In short, SAP Concur simplifies expense management, making it more efficient and less time-consuming. It’s a modern, practical solution designed to fit seamlessly into the daily operations of any business, helping to save time, reduce errors, and keep finances under control.

Pros and Cons

Pros

  • User-friendly
  • Multi-currency support
  • Automated approvals
  • Mobile access
  • Expense tracking

Cons

  • Complex setup
  • High costs
  • Limited customization
  • Learning curve
  • Technical issues

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