What is Concur FAVR by Motus in SAP BV-FINANCE - Brand Voice - Financial Management?

SAP Term: Concur FAVR by Motus

• Component: BV-FINANCE

• Component Name: Brand Voice - Financial Management

• Description: A cloud service that provides a comprehensive mileage reimbursement solution ensuring fair and accurate reimbursement for high-mileage clients.

Smart SAP Assistant

• Key Concepts: 
  Concur FAVR by Motus is a component of the SAP BV-FINANCE Brand Voice - Financial Management suite. It is a cloud-based solution that helps organizations manage their employee travel and expense (T&E) processes. It provides an automated, end-to-end solution for managing employee T&E, from booking travel to submitting and approving expenses. 
  
  How to Use it: 
  Concur FAVR by Motus can be used to streamline the T&E process for organizations. It allows employees to book travel, submit expenses, and receive reimbursement quickly and easily. It also provides an automated approval process for managers, allowing them to quickly review and approve expenses. Additionally, it provides detailed reporting and analytics to help organizations better understand their T&E spending. 
  
  Tips & Tricks: 
  When using Concur FAVR by Motus, it is important to ensure that all employees are properly trained on how to use the system. Additionally, it is important to ensure that all policies and procedures related to T&E are clearly communicated to employees. This will help ensure that the system is used correctly and efficiently. 
  
  Related Information: 
  For more information about Concur FAVR by Motus, please visit the SAP website at https://www.sap.com/products/concur-favr-by-motus.html. Additionally, there are a number of resources available online that provide detailed information about how to use the system, as well as tips and tricks for getting the most out of it.