What is 'company limit' in SAP BNS-CON - Concur?

company limit - Overview

• Component: BNS-CON

• Component Name: Concur

• Description: The upper limit of a travel allowance or per diem limit imposed by the company.

company limit - Details

• 
  Key Concepts: 
  Company Limit is a feature in SAP Concur Expense that allows administrators to set limits on the amount of money an employee can spend on a single expense report. This limit can be set for individual employees or for all employees in the company. The limit can be set for a specific period of time, such as a month or a year, or it can be set for an unlimited period of time. 
  
  How to use it: 
  To set a company limit, an administrator must first log into the SAP Concur Expense system. Once logged in, they will need to navigate to the “Company Limits” page. From there, they will be able to select the employee or group of employees they wish to set the limit for. They will then need to enter the amount of money they wish to limit the employee or group of employees to spending on a single expense report. 
  
  Tips & Tricks: 
  When setting company limits, it is important to remember that these limits are not absolute and can be changed at any time. It is also important to remember that these limits are only applicable to expense reports and do not apply to other types of transactions such as travel expenses or corporate credit card purchases. 
  
  Related Information: 
  For more information about setting company limits in SAP