What is Concur Travel & Expense in SAP BV-FINANCE - Brand Voice - Financial Management?

SAP Term: Concur Travel & Expense

• Component: BV-FINANCE

• Component Name: Brand Voice - Financial Management

• Description: The signature offering from acquired company Concur that helps businesses simplify the entire travel expense management process, from spend requests to reconciliation, with an integrated expense reporting solution. Easy-to-use tools help improve productivity, increase compliance, and gain control over spend. See "SAP Concur.”

Smart SAP Assistant

• Key Concepts: 
  Concur Travel & Expense is a cloud-based travel and expense management solution from SAP. It helps organizations streamline their travel and expense processes, from booking to reimbursement. It also provides visibility into spending, allowing organizations to better manage their budgets. 
  
  How to use it: 
  Concur Travel & Expense can be used to book travel, manage expenses, and track spending. It integrates with other SAP solutions, such as SAP S/4HANA and SAP Ariba, to provide a comprehensive view of an organization’s travel and expense data. It also provides automated workflows for approving expenses and managing reimbursements. 
  
  Tips & Tricks: 
  When using Concur Travel & Expense, it is important to ensure that all employees are aware of the company’s travel and expense policies. This will help ensure that all expenses are properly documented and approved before they are submitted for reimbursement. Additionally, it is important to regularly review spending data to ensure that the organization is staying within its budget. 
  
  Related Information: 
  For more information on Concur Travel & Expense, please visit the SAP website at https://www.sap.com/products/concur-travel-expense.html. Additionally, there are a number of resources available on the SAP Community Network at https://www.sap.com/community/topic/concur-travel-expense.html.